Market Overview:
The global concentrated tea liquid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for tea across the globe, especially in Asia Pacific and Europe. In terms of type, black tea is expected to dominate the market during the forecast period, followed by green tea and oolong tea. In terms of application, beverages are expected to account for a major share of the global concentrated tea liquid market during the forecast period. This can be attributed to rising demand for healthy drinks across regions.
Product Definition:
Concentrated Tea Liquid is a thick, dark liquid made from brewed tea leaves. It is used to make iced tea and other drinks.
Black Tea:
Black tea is a type of green tea that is produced from the leaves of Camellia sinensis plant. The process of making black tea does not involve any fermentation like red or white teas, but it has higher antioxidant content than green teas.
The antioxidants present in black tea can help prevent heart disease, cancer, and cognitive decline; along with controlling blood pressure and diabetes.
Green Tea:
Green tea is the fresh unprocessed leaves of Camellia sinensis plant. The process of making green tea does not involve any fermentation like black and white tea. Green tea has higher concentration of antioxidants than regular old black and white teas. Antioxidants are good for the body, protect cells from damage, and prevent cancer cell growth.
Application Insights:
The beverages segment dominated the global market in 2017. The product is used as a beverage alternative to coffee and tea, which has led to its high consumption rate. Consumers are gradually shifting their preference from other beverages such as soft drinks and juices due to health hazards associated with them. Furthermore, increasing consumer awareness regarding the benefits of green tea coupled with rising disposable income levels in developing countries including China and India will drive growth over the forecast period.
Food application is expected to witness significant growth during the forecast period owing to increased demand for oolong tea extract for manufacturing various food products such as cakes, cookies, pastries & pies fillings along with black.
Regional Analysis:
Asia Pacific dominated the global market in 2017, accounting for a share of more than 45.0% owing to increasing consumption of concentrated tea extracts in countries such as China and Japan. Furthermore, growing health awareness among consumers is expected to drive demand over the forecast period. In addition, changing consumer preferences towards healthy beverages is anticipated to fuel growth over the next eight years.
North America accounted for a significant share due to high consumption of coffee and other hot drinks such as tea and soda which are replaced by concentrates owing to their health benefits such as lower levels of cholesterol and saturated fat content compared with regular brewed coffee or hot chocolate products respectively. Moreover, rising demand for ready-to-drink iced beverages on account of their convenience will augment industry growth over the coming years.
Europe has witnessed an increase in sales volume estimates from 1 kilogram per person annually during 2010s until 2015 across all product types except green tea between 2009-2010.
Growth Factors:
- Increasing demand for healthy beverages: The global concentrated tea liquid market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for healthy and refreshing beverages.
- Rising disposable income: The growth of the global concentrated tea liquid market is also attributed to the rising disposable income of consumers, which has led to an increase in their spending on premium products such as concentrated tea liquids.
- Growing popularity of iced teas: Iced teas are becoming increasingly popular among consumers due to their refreshing taste and health benefits. This is expected to drive the growth of the global concentrated tea liquid market in the coming years.
- Proliferation of new flavors: Manufacturers are introducing new flavors into the market in order to cater to changing consumer preferences and tastes. This is likely to boost demand for concentrated tea liquids in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Concentrated Tea Liquid Market Research Report
By Type
Black Tea, Green Tea, Oolong Tea, Pu'er Tea, Other
By Application
Beverages, Food, Other
By Companies
Finlays, Shenzhen Shenbao Huacheng Tech, Fujian Xianyangyang Biological Technology, Damin, RFI, ZJT, A. Holliday?Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Concentrated Tea Liquid Market Report Segments:
The global Concentrated Tea Liquid market is segmented on the basis of:
Types
Black Tea, Green Tea, Oolong Tea, Pu'er Tea, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Beverages, Food, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Finlays
- Shenzhen Shenbao Huacheng Tech
- Fujian Xianyangyang Biological Technology
- Damin
- RFI
- ZJT
- A. Holliday?Company
Highlights of The Concentrated Tea Liquid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Black Tea
- Green Tea
- Oolong Tea
- Pu'er Tea
- Other
- By Application:
- Beverages
- Food
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Concentrated Tea Liquid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Concentrated tea liquid is a concentrated form of black tea that has been brewed with less water. It is typically more expensive than regular black tea, and may have added flavors or ingredients.
Some of the major players in the concentrated tea liquid market are Finlays, Shenzhen Shenbao Huacheng Tech, Fujian Xianyangyang Biological Technology, Damin, RFI, ZJT, A. Holliday?Company.
The concentrated tea liquid market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Concentrated Tea Liquid 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. Concentrated Tea Liquid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Concentrated Tea Liquid Market - Supply Chain
4.5. Global Concentrated Tea Liquid Market Forecast
4.5.1. Concentrated Tea Liquid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Concentrated Tea Liquid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Concentrated Tea Liquid Market Absolute $ Opportunity
5. Global Concentrated Tea Liquid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Concentrated Tea Liquid Market Size and Volume Forecast by Type
5.3.1. Black Tea
5.3.2. Green Tea
5.3.3. Oolong Tea
5.3.4. Pu'er Tea
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Concentrated Tea Liquid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Concentrated Tea Liquid Market Size and Volume Forecast by Application
6.3.1. Beverages
6.3.2. Food
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Concentrated Tea Liquid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Concentrated Tea Liquid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Concentrated Tea Liquid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Concentrated Tea Liquid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Concentrated Tea Liquid Demand Share Forecast, 2019-2026
9. North America Concentrated Tea Liquid 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
9.2. North America Concentrated Tea Liquid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Concentrated Tea Liquid Market Size and Volume Forecast by Application
9.4.1. Beverages
9.4.2. Food
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Concentrated Tea Liquid Market Size and Volume Forecast by Type
9.7.1. Black Tea
9.7.2. Green Tea
9.7.3. Oolong Tea
9.7.4. Pu'er Tea
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Concentrated Tea Liquid Demand Share Forecast, 2019-2026
10. Latin America Concentrated Tea Liquid 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. Latin America Average Pricing Analysis
10.2. Latin America Concentrated Tea Liquid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Concentrated Tea Liquid Market Size and Volume Forecast by Application
10.4.1. Beverages
10.4.2. Food
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Concentrated Tea Liquid Market Size and Volume Forecast by Type
10.7.1. Black Tea
10.7.2. Green Tea
10.7.3. Oolong Tea
10.7.4. Pu'er Tea
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Concentrated Tea Liquid Demand Share Forecast, 2019-2026
11. Europe Concentrated Tea Liquid 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. Europe Average Pricing Analysis
11.2. Europe Concentrated Tea Liquid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Concentrated Tea Liquid Market Size and Volume Forecast by Application
11.4.1. Beverages
11.4.2. Food
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Concentrated Tea Liquid Market Size and Volume Forecast by Type
11.7.1. Black Tea
11.7.2. Green Tea
11.7.3. Oolong Tea
11.7.4. Pu'er Tea
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Concentrated Tea Liquid Demand Share, 2019-2026
12. Asia Pacific Concentrated Tea Liquid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Concentrated Tea Liquid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Concentrated Tea Liquid Market Size and Volume Forecast by Application
12.4.1. Beverages
12.4.2. Food
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Concentrated Tea Liquid Market Size and Volume Forecast by Type
12.7.1. Black Tea
12.7.2. Green Tea
12.7.3. Oolong Tea
12.7.4. Pu'er Tea
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Concentrated Tea Liquid Demand Share, 2019-2026
13. Middle East & Africa Concentrated Tea Liquid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Concentrated Tea Liquid Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Concentrated Tea Liquid Market Size and Volume Forecast by Application
13.4.1. Beverages
13.4.2. Food
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Concentrated Tea Liquid Market Size and Volume Forecast by Type
13.7.1. Black Tea
13.7.2. Green Tea
13.7.3. Oolong Tea
13.7.4. Pu'er Tea
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Concentrated Tea Liquid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Concentrated Tea Liquid Market: Market Share Analysis
14.2. Concentrated Tea Liquid Distributors and Customers
14.3. Concentrated Tea Liquid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Finlays
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shenzhen Shenbao Huacheng Tech
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fujian Xianyangyang Biological Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Damin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. RFI
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ZJT
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. A. Holliday?Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
