Market Overview:
The global Earl Grey tea market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for premium tea varieties and rising awareness about the health benefits associated with Earl Grey tea consumption. Based on type, the black tea segment is expected to account for a major share of the global Earl Grey tea market in 2018. This can be attributed to its high popularity among consumers across different regions. The green tea segment is projected to grow at a higher CAGR during the forecast period, owing to its numerous health benefits such as weight loss and improved cardiovascular health. On the basis of application, indirect applications are estimated to account for a larger share of the global Earl Grey Tea market in 2018. This can be attributedtoits growing use as an ingredient in various food products such as bakery items, desserts, etc.
Product Definition:
A type of tea that is a blend of black teas and Bergamot orange oil. Earl Grey tea is named after Charles Grey, 2nd Earl Grey, who served as Prime Minister of the United Kingdom from 1830 to 1834. The oil is used to add a citrus flavor to the tea.
Black Tea:
The black tea is the dried and fermented leaves of Camellia sinensis plant. The process of fermentation changes the taste and flavor of the tea. It has antioxidant properties that help in reducing cancer-causing agents called free radicals, which are linked to aging, heart disease, neurodegenerative conditions like Alzheimer's as well as protection against sun damage.
Green Tea:
Green tea is the fresh unprocessed leaves of Camellia sinensis plant. It is known for its antioxidant properties and contains higher amount of catechins than other types of tea. Green tea has more antioxidants than any other type of tea including black, oolong, and white teas. Antioxidants help in protecting the cells from damage by free radicals which are produced as a by-product during the normal metabolic process.
Application Insights:
The direct application segment dominated the global earl grey tea market, accounting for more than 70.0% share of the total revenue in 2017. The growth can be attributed to extensive usage as an ingredient in various bakery and beverage formulations around the world. For instance, Lipton has introduced a number of flavored oolong tea beverages under the brand name ¢â‚¬ËœLipton Mixx Earl Grey¢â‚¬â„¢s Tea Extracts¢â‚¬ that are consumed directly after preparation by adding milk or cream and sugar to taste.
The use of earl grey as an ingredient in commercial products is not limited only to beverages but also extends to several other food products such as cakes, pastries, cookies and candies where it is used at a rate varying from 2-5%.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position during the forecast years owing to high product consumption in countries, such as India, Japan, and China. Moreover, an increasing number of retail stores and rising consumer disposable income levels are also contributing towards growth in these economies. North America is projected to witness significant growth over the next eight years due to growing awareness about health benefits associated with tea products including antioxidants present in them.
Europe accounted for a major share of revenue generation owing to high demand from U.K.
Growth Factors:
- Increasing demand for Earl Grey Tea from young adults and millennials due to its unique flavor profile.
- Rising awareness about the health benefits of Earl Grey Tea, which is prompting more people to include it in their daily diet.
- Growing popularity of tea as a healthy alternative to coffee and other beverages.
- Increasing number of tea drinkers who are looking for new and unique flavors to explore.
Scope Of The Report
Report Attributes
Report Details
Report Title
Earl Grey Tea Market Research Report
By Type
Black Tea, Green Tea, Oolong, Others
By Application
Indirect, Direct
By Companies
The Stash Tea, Bigelow Tea, R.Twining, Mariage Freres, Kusmi Tea, Adagio Teas, Tetley, TWG Tea
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Earl Grey Tea Market Report Segments:
The global Earl Grey Tea market is segmented on the basis of:
Types
Black Tea, Green Tea, Oolong, Others
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
Indirect, Direct
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:
- The Stash Tea
- Bigelow Tea
- R.Twining
- Mariage Freres
- Kusmi Tea
- Adagio Teas
- Tetley
- TWG Tea
Highlights of The Earl Grey Tea 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
- Others
- By Application:
- Indirect
- Direct
- 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 Earl Grey Tea 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Some of the major companies in the earl grey tea market are The Stash Tea, Bigelow Tea, R.Twining, Mariage Freres, Kusmi Tea, Adagio Teas, Tetley, TWG Tea.
The earl grey tea market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Earl Grey 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. Earl Grey Tea Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Earl Grey Tea Market - Supply Chain
4.5. Global Earl Grey Tea Market Forecast
4.5.1. Earl Grey Tea Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Earl Grey Tea Market Size (000 Units) and Y-o-Y Growth
4.5.3. Earl Grey Tea Market Absolute $ Opportunity
5. Global Earl Grey Tea 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. Earl Grey Tea Market Size and Volume Forecast by Type
5.3.1. Black Tea
5.3.2. Green Tea
5.3.3. Oolong
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Earl Grey Tea 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. Earl Grey Tea Market Size and Volume Forecast by Application
6.3.1. Indirect
6.3.2. Direct
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Earl Grey Tea 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. Earl Grey Tea 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 Earl Grey Tea 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. Earl Grey Tea 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 Earl Grey Tea Demand Share Forecast, 2019-2026
9. North America Earl Grey 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
9.2. North America Earl Grey Tea 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 Earl Grey Tea Market Size and Volume Forecast by Application
9.4.1. Indirect
9.4.2. Direct
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Earl Grey Tea Market Size and Volume Forecast by Type
9.7.1. Black Tea
9.7.2. Green Tea
9.7.3. Oolong
9.7.4. Others
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 Earl Grey Tea Demand Share Forecast, 2019-2026
10. Latin America Earl Grey 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. Latin America Average Pricing Analysis
10.2. Latin America Earl Grey Tea 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 Earl Grey Tea Market Size and Volume Forecast by Application
10.4.1. Indirect
10.4.2. Direct
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Earl Grey Tea Market Size and Volume Forecast by Type
10.7.1. Black Tea
10.7.2. Green Tea
10.7.3. Oolong
10.7.4. Others
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 Earl Grey Tea Demand Share Forecast, 2019-2026
11. Europe Earl Grey 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. Europe Average Pricing Analysis
11.2. Europe Earl Grey Tea 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 Earl Grey Tea Market Size and Volume Forecast by Application
11.4.1. Indirect
11.4.2. Direct
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Earl Grey Tea Market Size and Volume Forecast by Type
11.7.1. Black Tea
11.7.2. Green Tea
11.7.3. Oolong
11.7.4. Others
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 Earl Grey Tea Demand Share, 2019-2026
12. Asia Pacific Earl Grey Tea 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 Earl Grey Tea 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 Earl Grey Tea Market Size and Volume Forecast by Application
12.4.1. Indirect
12.4.2. Direct
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Earl Grey Tea Market Size and Volume Forecast by Type
12.7.1. Black Tea
12.7.2. Green Tea
12.7.3. Oolong
12.7.4. Others
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 Earl Grey Tea Demand Share, 2019-2026
13. Middle East & Africa Earl Grey Tea 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 Earl Grey Tea 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 Earl Grey Tea Market Size and Volume Forecast by Application
13.4.1. Indirect
13.4.2. Direct
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Earl Grey Tea Market Size and Volume Forecast by Type
13.7.1. Black Tea
13.7.2. Green Tea
13.7.3. Oolong
13.7.4. Others
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 Earl Grey Tea Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Earl Grey Tea Market: Market Share Analysis
14.2. Earl Grey Tea Distributors and Customers
14.3. Earl Grey Tea Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. The Stash Tea
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bigelow Tea
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. R.Twining
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mariage Freres
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kusmi Tea
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Adagio Teas
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tetley
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TWG Tea
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
