Market Overview:
The global flowering tea market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for flavored tea, increasing awareness about the health benefits of consuming flowering tea, and growing popularity of teahouses. In terms of type, the jasmine segment is expected to lead the global flowering tea market during the forecast period. This can be attributed to its sweet and floral flavor which appeals to a large number of consumers across regions. In terms of application, the home segment is expected to lead the global market duringthe forecast period owingto its growing popularity among consumers for preparing flavored teas at home.
Product Definition:
A flowering tea is a type of tea that is made from dried flowers. The flowers are usually placed in a small metal ball or teapot. When the water is heated, the metal ball or teapot opens up and the flowers are steeped in the hot water. Flowering teas are often served with milk and sugar.
Jasmine:
Jasmine is a flower and has been used for thousands of years in China as a remedy for various health problems. The main active ingredients present in jasmine are known to be anesthetic, anti-oxidant, antifungal and antibacterial which makes it very useful for the treatment of various skin diseases like ringworm, athlete's foot & body lice among others. It also finds application as an ingredient in mouth washes & sprays among other products.
Rose:
The rose is a flower and has many different forms. The most common type of rose is the Rosa canina, also known as the dogrose or canine rose. This variety of flower has five petals and was traditionally used to treat diseases related to blood in women (such as anemia). It also had mental healing properties; it helped improve depression, insomnia, nerve problems, concentration problems and anxiety attacks among other conditions.
Application Insights:
The home application segment dominated the global market in 2017. This can be attributed to rising awareness about health benefits of flowering tea among consumers, coupled with increasing availability of products at affordable prices through online channels. Furthermore, an increase in spending on home improvement activities is expected to drive demand for flowering tea as a natural way to freshen up homes over the next few years.
Commercial applications are projected to witness significant growth over the forecast period owing to rapid expansion of retail network by companies operating in floral industry such as bloomingdales and amazon flowers across various regions including North America and Europe. The expansion is driven by growing demand from customers who prefer purchasing their florist supplies from local sources thereby supporting small-scale farmers engaged in production of flowering tea plants.
Flowering teas have been proven effective against depression due largely on their high antioxidant content which helps combat stress.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. China, Japan, India, Vietnam are some of the major consumers in this region. Rising disposable income coupled with growing awareness about health benefits has been fueling demand for these products among consumers in this region.
North America accounted for a significant share of global revenue owing to high product demand from U.S., which is one of the largest producers as well as importers of flowering tea leaves globally. The country exports most varieties grown within its own borders and also ships them worldwide due to their superior quality and large size compared to other varieties grown elsewhere around the world thus making it one of largest exporters globally since 1773 AFAIK (according to wikipedia).
Growth Factors:
- Increasing demand for Flowering Tea from the young population as a result of increasing awareness about the health benefits of consuming these teas.
- Rising disposable incomes of consumers in developing countries, which will enable them to afford premium Flowering Tea products.
- Proliferation of online retail channels, which will provide consumers with greater access to Flowering Tea products and increase product visibility.
- Growing popularity of tea-drinking occasions, such as afternoon tea and social gatherings, which will create opportunities for marketers to promote Flowering Tea products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flowering Tea Market Research Report
By Type
Jasmine, Rose, Hibiscus, Berry, Chamomile, Lavender, Orange,
By Application
Home, Commercial,
By Companies
Tenfu (Cayman), Huaxiangyuan Tea, Bama Tea, Richun Tea, Wuyi Star Tea Industry, Anxi Tiekuanyin, Epoca International, Numi Organic 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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Flowering Tea Market Report Segments:
The global Flowering Tea market is segmented on the basis of:
Types
Jasmine, Rose, Hibiscus, Berry, Chamomile, Lavender, Orange,
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
Home, Commercial,
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:
- Tenfu (Cayman)
- Huaxiangyuan Tea
- Bama Tea
- Richun Tea
- Wuyi Star Tea Industry
- Anxi Tiekuanyin
- Epoca International
- Numi Organic Tea
Highlights of The Flowering 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:
- Jasmine
- Rose
- Hibiscus
- Berry
- Chamomile
- Lavender
- Orange
- By Application:
- Home
- Commercial
- 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 Flowering 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?
Flowering tea is a type of tea that is made from young, fresh leaves and flowers. The flowers are typically picked before they have fully bloomed and the leaves are still green. This makes the tea more delicate in flavor than other types of teas.
Some of the major companies in the flowering tea market are Tenfu (Cayman), Huaxiangyuan Tea, Bama Tea, Richun Tea, Wuyi Star Tea Industry, Anxi Tiekuanyin, Epoca International, Numi Organic Tea.
The flowering tea market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flowering 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. Flowering Tea Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flowering Tea Market - Supply Chain
4.5. Global Flowering Tea Market Forecast
4.5.1. Flowering Tea Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flowering Tea Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flowering Tea Market Absolute $ Opportunity
5. Global Flowering 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. Flowering Tea Market Size and Volume Forecast by Type
5.3.1. Jasmine
5.3.2. Rose
5.3.3. Hibiscus
5.3.4. Berry
5.3.5. Chamomile
5.3.6. Lavender
5.3.7. Orange
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flowering 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. Flowering Tea Market Size and Volume Forecast by Application
6.3.1. Home
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flowering 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. Flowering 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 Flowering 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. Flowering 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 Flowering Tea Demand Share Forecast, 2019-2026
9. North America Flowering 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 Flowering 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 Flowering Tea Market Size and Volume Forecast by Application
9.4.1. Home
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flowering Tea Market Size and Volume Forecast by Type
9.7.1. Jasmine
9.7.2. Rose
9.7.3. Hibiscus
9.7.4. Berry
9.7.5. Chamomile
9.7.6. Lavender
9.7.7. Orange
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 Flowering Tea Demand Share Forecast, 2019-2026
10. Latin America Flowering 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 Flowering 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 Flowering Tea Market Size and Volume Forecast by Application
10.4.1. Home
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flowering Tea Market Size and Volume Forecast by Type
10.7.1. Jasmine
10.7.2. Rose
10.7.3. Hibiscus
10.7.4. Berry
10.7.5. Chamomile
10.7.6. Lavender
10.7.7. Orange
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 Flowering Tea Demand Share Forecast, 2019-2026
11. Europe Flowering 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 Flowering 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 Flowering Tea Market Size and Volume Forecast by Application
11.4.1. Home
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flowering Tea Market Size and Volume Forecast by Type
11.7.1. Jasmine
11.7.2. Rose
11.7.3. Hibiscus
11.7.4. Berry
11.7.5. Chamomile
11.7.6. Lavender
11.7.7. Orange
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 Flowering Tea Demand Share, 2019-2026
12. Asia Pacific Flowering 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 Flowering 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 Flowering Tea Market Size and Volume Forecast by Application
12.4.1. Home
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flowering Tea Market Size and Volume Forecast by Type
12.7.1. Jasmine
12.7.2. Rose
12.7.3. Hibiscus
12.7.4. Berry
12.7.5. Chamomile
12.7.6. Lavender
12.7.7. Orange
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 Flowering Tea Demand Share, 2019-2026
13. Middle East & Africa Flowering 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 Flowering 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 Flowering Tea Market Size and Volume Forecast by Application
13.4.1. Home
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flowering Tea Market Size and Volume Forecast by Type
13.7.1. Jasmine
13.7.2. Rose
13.7.3. Hibiscus
13.7.4. Berry
13.7.5. Chamomile
13.7.6. Lavender
13.7.7. Orange
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 Flowering Tea Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flowering Tea Market: Market Share Analysis
14.2. Flowering Tea Distributors and Customers
14.3. Flowering Tea Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tenfu (Cayman)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Huaxiangyuan 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. Bama Tea
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Richun Tea
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wuyi Star Tea Industry
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Anxi Tiekuanyin
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Epoca International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Numi Organic 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
