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Europe Tea Market Size, Share, Growth, Industry | 2031

Europe Tea Market

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Segments - by Forms (Leaf Tea and CTC Tea), Types (Black Tea, Green Tea, Herbal Tea, and Others), Distribution Channels (Hypermarket/Supermarket, Specialist Retailers, Convenience Stores, Online Retailers, and Others), By Europe (Germany, UK, France, Russia, Italy, Spain, and Rest of Europe) - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Report ID: FB-1344
Author: Growth Market Reports

Rating: 4.4
Total Reviews: 68

No. Of Pages: 174
Format:

Pub. Date: Upcoming
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Report Description

The Europe tea market size was valued at USD 10.73 Billion in 2022 and is likely to reach USD 17.75 Billion by 2031, expanding at a CAGR of 5.75% during 2023–2031. 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.

Europe Tea Market Trends, Drivers, Restraints, and Opportunities

Growing awareness about its health benefits for patients suffering from combat arthritis, cardiovascular diseases, kidney stones, and high blood pressure is anticipated to propel the market growth.
Introduction of additional healthy ingredients in tea is expected to drive the growth of the market during the forecast period.
Increasing trend of coffee consumption can hamper the market expansion.
Fluctuating prices of raw materials caused by unpredictable climatic conditions can restrict the market growth in the coming years.
Increasing R&D investments for the development of innovative flavors & variety of tea can create significant opportunities for the market players.

Scope of Europe Tea Market Report

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	2022
Historic Data	2016–2021
Forecast Period	2023–2031
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

Europe Tea Market Segment Insights

Leaf tea segment to account a large market share

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.

Green tea segment to expand at a significant pace

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.

Online retailers segment is anticipated to expand at a substantial CAGR

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.

UK to dominate the market

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

The Europe Tea market has been segmented on the basis of

Forms

Leaf Tea
CTC Tea

Types

Black Tea
Green Tea
Herbal Tea
Others

Distribution Channels

Hypermarket/Supermarket
Specialist Retailers
Convenience Stores
Online Retailers
Others

Geographies

Germany
UK
France
Russia
Italy
Spain
Rest of Europe

Key Players

Unilever
Associated Britsh Foods PLC
Dilmah Ceylon Tea Company PLC
Nestle
Kusmi tea

Competitive Landscape

Key players competing in the Europe tea market include Unilever, Associated Britsh Foods PLC, Dilmah Ceylon Tea Company PLC, Nestle, and Kusmi tea.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tea Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Tea Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Tea Market - Supply Chain
  4.5. Global Tea Market Forecast
     4.5.1. Tea Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Tea Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Tea Market Absolute $ Opportunity
5. Global Tea Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Tea Market Size and Volume Forecast by Types
     5.3.1. Black Tea
     5.3.2. Green Tea
     5.3.3. Herbal Tea
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Tea Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Tea Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Tea Demand Share Forecast, 2019-2026
7. North America Tea Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Tea Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Tea Market Size and Volume Forecast by Types
     7.4.1. Black Tea
     7.4.2. Green Tea
     7.4.3. Herbal Tea
     7.4.4. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Tea Demand Share Forecast, 2019-2026
8. Latin America Tea Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Tea Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Tea Market Size and Volume Forecast by Types
     8.4.1. Black Tea
     8.4.2. Green Tea
     8.4.3. Herbal Tea
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Tea Demand Share Forecast, 2019-2026
9. Europe Tea Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Tea Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Tea Market Size and Volume Forecast by Types
     9.4.1. Black Tea
     9.4.2. Green Tea
     9.4.3. Herbal Tea
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Tea Demand Share Forecast, 2019-2026
10. Asia Pacific Tea Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Tea Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Tea Market Size and Volume Forecast by Types
     10.4.1. Black Tea
     10.4.2. Green Tea
     10.4.3. Herbal Tea
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Tea Demand Share Forecast, 2019-2026
11. Middle East & Africa Tea Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Tea Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Tea Market Size and Volume Forecast by Types
     11.4.1. Black Tea
     11.4.2. Green Tea
     11.4.3. Herbal Tea
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Tea Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Tea Market: Market Share Analysis
  12.2. Tea Distributors and Customers
  12.3. Tea Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Unilever
     12.4.2. Associated Britsh Foods PLC
     12.4.3. Dilmah Ceylon Tea Company PLC
     12.4.4. Nestle
     12.4.5. Kusmi tea

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