Organic Tea Market Forecast, Industry Growth, Top Key Players, Demand, Application, Regions by 2024


Posted April 21, 2020 by nikhilk

Organic Tea Market Research Report: Information by Type (Green, Black, Others), Form (Dried Leaf, Powder, Others), Distribution Channel (Store-Based [Hypermarkets & Supermarkets, Convenience Stores, and Others] and Non-Store-Based) Region—Forecast

 
Organic Tea Market Overview

The global Organic Tea Market is projected to reach approximately USD 1.3 billion by 2024 and register at a significant CAGR of 5.8% during the forecast period, 2019–2024. Organic Tea is the tea type that is cultivated without the use of any fertilizers, pesticides and herbicides. Organic tea cultivation is beneficial for human consumption as well as for the ecosystem. The innovations due to technology advancements has resulted in adoption of organic tea cultivation techniques and has attracted many consumers on a global level. The consumption of non-organic tea leads to the ingestion of harmful chemicals into the body. Non-organic tea has several health benefits as it is consumed in the natural form. Organic Tea Market Forecast is rich in antioxidants which tends to prevent the body from risks of several diseases and hence has become popular amongst the consumers globally.

Market Scenario and Key Restraints

The health benefits of organic tea as well as its medicinal application is considered as a major driver for organic tea market. The rich taste of organic tea has made it popular globally which also tends to have a positive impact on its market growth. The chemical-free form of organic tea makes its consumption more popular amongst the health-conscious consumers. Adoption of healthy lifestyle and high demand for refreshing hot- beverages has supported the growth of organic tea.

Top Key Players in a Global Market

The key players profiled in the global Organic Tea Market are Unilever (UK), Associated British Foods plc (UK), Vahdam Teas (India), Celestial Seasonings, Inc. (US), Bombay Burmah Trading Corporation Limited (India), Stash Tea Company (US), Bigelow Tea Company (US), Shangri-la Tea (US), Yogi Tea (US), Republic of Tea (US), Mighty Leaf Tea (US), Numi, Inc. (US), Harney & Sons Fine Teas (US), and Hälssen & Lyon GmbH (Germany)

For More Information @ https://www.marketresearchfuture.com/reports/organic-tea-market-3139

Segmentation

Organic Tea has been segmented based on Type which comprises Green Tea, Black Tea, Oolong Tea, Others. Black Organic Tea is found to hold a major share due to its increasing health concerns among the consumers.

Organic Tea has been segmented based on form which comprises Loose Leaf, Powder, Tea Bags, Others. Loose leaf organic tea is found to hold a major share due to less moisture content resulting in high shelf-life.

Organic Tea has been segmented based on formulation which comprises Flavored and Unflavored. Unflavored organic tea is found to hold a major share.

Regional Analysis

The Global Organic Tea Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Asia Pacific region has the major market share followed by Europe. Changing lifestyle has led to adoption of healthy consumption pattern due to which Asia-Pacific is projected to generate a high revenue during the given forecast period. The Major importers of organic tea include Russia, U.S., U.K., Iran and Egypt.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Last Updated April 21, 2020