Market Overview:
The global chai tea mix market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for chai tea mix from various applications such as households, industrial food & beverage, restaurants & hotels, and caf© restaurants. Additionally, the growing popularity of chai tea among health-conscious consumers is also contributing to the growth of this market.
Product Definition:
Chai tea mix is a blend of black tea, spices, and sweetener. It can be prepared by steeping the mix in hot water or milk, or added to coffee. Chai tea is popular in India and has become popular in the United States.
Bottles:
Bottles is a packaging product that holds chai tea mix. It is made up of plastic and aluminum, which are the two most commonly used materials for bottling beverages. The bottles come in different sizes depending upon the quantity required by the manufacturer as well as by consumers. The major factor driving demand for bottles in chai tea mix market is their convenience and easy usability while preparing food or drinks on a daily basis.
Boxes:
Boxes are used to mix chai tea powder, milk powder, and sugar in. It is also used as a container for ready-to-drink beverages such as tea and coffee. The product can be made of paper or plastic or metal. The choice of material depends on the availability of these products in the market place where boxes are going to be sold.
Application Insights:
The restaurants and hotels segment dominated the global chai tea mix market in 2017, accounting for a share of more than 60%. The demand is expected to increase significantly owing to growing tourism and hospitality industries. A number of Indian restaurants have started offering spiced chai tea as an alternative to regular black coffee or tea, which is further likely to propel the product demand.
Household application was the second-largest segment in 2017. Growing awareness about health benefits associated with spices such as turmeric has resulted in increased consumption of ready-to-use products in household applications across countries including India and China. In addition, increasing availability of consumer goods such as microwave ovens has led consumers prefer packaged food products that require minimal preparation time rather than making them at home themselves due to time constraints. This trend is expected continue over next few years on account of rising disposable income levels coupled with changing lifestyle preferences among consumers globally.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing consumer demand for flavored and specialty tea. The U.S., in particular, is one of the major consumers of chai tea mix as it is a traditional product available at almost every household across India and most Indian restaurants/caf©s serve this spice blend with their meals. Furthermore, an increasing number of cafes that offer unique flavors of chai have contributed to regional growth.
Asia Pacific is expected to be the fastest-growing region over the forecast period due to rising consumption among millennials.
Growth Factors:
- Increasing demand for Chai Tea Mix due to its unique flavor and health benefits.
- Growing popularity of tea culture around the world is expected to drive the growth of Chai Tea Mix market.
- Rising disposable income of consumers in developing countries is anticipated to boost the demand for Chai Tea Mix products over the forecast period.
- Proliferation of retail outlets offering various flavors and varieties of chai tea mix is projected to fuel the growth of this market in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chai Tea Mix Market Research Report
By Type
Bottles, Boxes, Bages
By Application
Household, Industrial Food & Beverage, Restaurants & Hotels, Café Restaurants
By Companies
Urban Platter, Oregon Chai, Tea Forte, Starbucks, Peet's Coffee & Tea, Bettys and Taylors of Harrogate, Caffe Nero, Kerry Group plc, Kraft Food, Ajinomoto General Foods
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Chai Tea Mix Market Report Segments:
The global Chai Tea Mix market is segmented on the basis of:
Types
Bottles, Boxes, Bages
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
Household, Industrial Food & Beverage, Restaurants & Hotels, Café Restaurants
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:
- Urban Platter
- Oregon Chai
- Tea Forte
- Starbucks
- Peet's Coffee & Tea
- Bettys and Taylors of Harrogate
- Caffe Nero
- Kerry Group plc
- Kraft Food
- Ajinomoto General Foods
Highlights of The Chai Tea Mix 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:
- Bottles
- Boxes
- Bages
- By Application:
- Household
- Industrial Food & Beverage
- Restaurants & Hotels
- Café Restaurants
- 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 Chai Tea Mix 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?
Chai tea mix is a blend of black and green tea that is typically served hot with milk or sugar.
Some of the major players in the chai tea mix market are Urban Platter, Oregon Chai, Tea Forte, Starbucks, Peet's Coffee & Tea, Bettys and Taylors of Harrogate, Caffe Nero, Kerry Group plc, Kraft Food, Ajinomoto General Foods.
The chai tea mix market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chai Tea Mix Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chai Tea Mix Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chai Tea Mix Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chai Tea Mix Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chai Tea Mix Market Size & Forecast, 2020-2028
4.5.1 Chai Tea Mix Market Size and Y-o-Y Growth
4.5.2 Chai Tea Mix Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bottles
5.2.2 Boxes
5.2.3 Bages
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Industrial Food & Beverage
6.2.3 Restaurants & Hotels
6.2.4 Café Restaurants
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chai Tea Mix Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chai Tea Mix Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bottles
9.6.2 Boxes
9.6.3 Bages
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Industrial Food & Beverage
9.10.3 Restaurants & Hotels
9.10.4 Café Restaurants
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bottles
10.6.2 Boxes
10.6.3 Bages
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Industrial Food & Beverage
10.10.3 Restaurants & Hotels
10.10.4 Café Restaurants
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bottles
11.6.2 Boxes
11.6.3 Bages
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Industrial Food & Beverage
11.10.3 Restaurants & Hotels
11.10.4 Café Restaurants
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bottles
12.6.2 Boxes
12.6.3 Bages
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Industrial Food & Beverage
12.10.3 Restaurants & Hotels
12.10.4 Café Restaurants
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bottles
13.6.2 Boxes
13.6.3 Bages
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Industrial Food & Beverage
13.10.3 Restaurants & Hotels
13.10.4 Café Restaurants
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chai Tea Mix Market: Competitive Dashboard
14.2 Global Chai Tea Mix Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Urban Platter
14.3.2 Oregon Chai
14.3.3 Tea Forte
14.3.4 Starbucks
14.3.5 Peet's Coffee & Tea
14.3.6 Bettys and Taylors of Harrogate
14.3.7 Caffe Nero
14.3.8 Kerry Group plc
14.3.9 Kraft Food
14.3.10 Ajinomoto General Foods
