The Europe tea market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing health awareness and rising disposable income.
Tea is an aromatic beverage derived from Camellia Sinensis plant. It is one of the most consumed drinks in the world, after water. Black tea and green tea are the most preferred tea, while herbal tea is swiftly gaining traction in the region. Tea is considered as a healthy beverage owing to presence of a number of potent antioxidants and minerals. such as potassium, manganese, magnesium, and calcium.
Tea offers various health benefits as it contains polyphenols and different amino acids, resulting in stronger immunity, lower cholesterol, and increased metabolism. The presence of small amount of caffeine makes tea a mild stimulant, preventing fatigue. Regular consumption of tea helps to reduce cell damage caused due to free radicals as well as and facilitates in weight loss. The flavonoids and phytochemicals present in tea improves various functions of the human body.
The report on the Europe tea market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Europe Tea Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Forms (Leaf Tea and CTC Tea), Types (Black Tea, Green Tea, Herbal Tea, and Others) and Distribution Channels (Hypermarket/Supermarket, Specialist Retailers, Convenience Stores, Online Retailers, and Others) |
Geographical Scope |
Germany, UK, France, Russia, Italy, Spain, and Rest of Europe |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Unilever, Associated Britsh Foods PLC, Dilmah Ceylon Tea Company PLC, Nestle, and Kusmi tea |
On the basis of forms, the market is bifurcated into leaf tea and cut, tear, and curl (CTC) tea. The leaf tea segment is expected to represent a key market share owing to increasing adoption of traditional methods for tea production, which includes plucking, withering, rolling, oxidation, and drying.
Based on types, the Europe tea market is segregated into black tea, green tea, herbal tea, and others. The green tea segment is expected to expand at a robust pace during the forecast period. The changing lifestyle of people is moderately increasing the importance of herbal tea. High nutritive content and fat-burning properties of green tea as well as large part of the population preference for green tea over traditional tea are driving the growth of the tea market. Vendors are also introducing natural and infused flavors of tea that are targeted toward health-conscious consumers.
In terms of, distribution channels, the Europe tea market is divided into hypermarket/supermarket, specialist retailers, convenience stores, online retailers, and others. The online retailers segment is anticipated to register a substantial impressive CAGR during the forecast period. Rising number of online apps coupled with availability of discounts and easy product delivery has positively impacted the market growth.
On the basis of geographies, the is categorized as Germany, UK, France, Russia, Italy, Spain, and Rest of Europe. The UK is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to the demand for green tea and herbal tea due to aggressive marketing campaigns exposing health benefits of the tea.
Segments Covered in the Report
The Europe Tea market has been segmented on the basis of
Forms
Types
Distribution Channels
Geographies
Key Players
Key players competing in the Europe tea market include Unilever, Associated Britsh Foods PLC, Dilmah Ceylon Tea Company PLC, Nestle, and Kusmi tea.
Segments Covered in the Report
The Europe Tea market has been segmented on the basis of
Forms
Types
Distribution Channels
Geographies
Key Players
Key players competing in the Europe tea market include Unilever, Associated Britsh Foods PLC, Dilmah Ceylon Tea Company PLC, Nestle, and Kusmi tea.
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