Market Overview:
The global instant tea premix market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, increasing urbanization and growing disposable income levels. In terms of type, the powder segment is expected to dominate the global instant tea premix market during the forecast period. This can be attributed to its easy usage and longer shelf life as compared to other types of instant tea premixes. In terms of application, supermarkets are expected to account for the majority share in the global instant tea premix market during 2018-2030 owing to their large customer base and widespread presence across regions.
Product Definition:
Instant Tea Premix is a powder that is mixed with hot water to make tea. It usually contains black tea, flavorings, and sweeteners. Instant Tea Premix can be used to make iced tea or hot tea.
Powder:
Powder is a dry form of premix, which is used to make instant tea. It contains the mixture of flavoring agents and sweeteners in powdered form. Powder premixes are widely used for making various kinds of beverages such as lemon tea, coffee etc., depending upon consumer requirements. The growth factor in the lnstant Tea Premix market is driven by factors such as changing lifestyle coupled with increasing health awareness among consumers across the globe.
Paste:
Paste is a concentrated liquid made from the extraction of plant materials. It is used in instant tea premix to make flavored tea bags. The premixes are prepared by mixing paste with sugar and other flavorings which can vary according to consumer requirements. Paste is also used for preparing various kinds of beverages such as fruit juices, milk-based drinks, coffee syrups and aerated drinks among others.
Application Insights:
The supermarkets segment held the largest share of over 70.0% in 2017. The growing trend of ¢â‚¬Ëœgrabbing a quick snack before leaving home¢â‚¬â„¢ is expected to drive the product demand in this application segment over the forecast period. Specialty stores are anticipated to be the fastest-growing market for instant tea premix with a CAGR of XX% from 2018 to 2030 owing to their growing influence on social media and e-commerce platforms, which has resulted in increased product awareness among consumers worldwide.
The specialty stores category includes health food shops, organic food shops and convenience stores that primarily sell ready-to-drink (RTD) beverages such as coffee, tea and energy drinks along with other associated products such as sugar.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position during the forecast period. Increasing number of instant tea drinkers, especially in countries such as India and China, is one of the key factors driving demand for Premixes in this region. Furthermore, growing health awareness among consumers has resulted in increased consumption of Premixes over the last few years.
North America accounted for a significant share owing to high product demand from U.S., which accounts for around 80% of North American market volume share every year’s tea consumption surpassing that of coffee (in terms of cups).
Growth Factors:
- Increasing demand for healthy and convenient food options
- Rising disposable income of consumers in developing countries
- Growing popularity of tea as a health drink
- Proliferation of retail outlets that sell instant tea premixes
- Innovation in product offerings by manufacturers
Scope Of The Report
Report Attributes
Report Details
Report Title
lnstant Tea Premix Market Research Report
By Type
Powder, Paste, Granules
By Application
Supermarkets, Specialty Stores, Discount Stores, Convenience Stores, E-commerce, Others
By Companies
Nestle, Nykaa, Society Daily, Lipton, Wagh Bakri Tea Group, TeakiHut, Waka Coffee, Kiss Me, Purisure
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global lnstant Tea Premix Market Report Segments:
The global lnstant Tea Premix market is segmented on the basis of:
Types
Powder, Paste, Granules
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
Supermarkets, Specialty Stores, Discount Stores, Convenience Stores, E-commerce, Others
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:
- Nestle
- Nykaa
- Society Daily
- Lipton
- Wagh Bakri Tea Group
- TeakiHut
- Waka Coffee
- Kiss Me
- Purisure
Highlights of The lnstant Tea Premix 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:
- Powder
- Paste
- Granules
- By Application:
- Supermarkets
- Specialty Stores
- Discount Stores
- Convenience Stores
- E-commerce
- Others
- 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 lnstant Tea Premix 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
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- 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?
lnstant Tea Premix is a pre-mixed tea bag that contains black tea, green tea and oolong teas.
Some of the major players in the lnstant tea premix market are Nestle, Nykaa, Society Daily, Lipton, Wagh Bakri Tea Group, TeakiHut, Waka Coffee, Kiss Me, Purisure.
The lnstant tea premix market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 lnstant Tea Premix 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 lnstant Tea Premix Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 lnstant Tea Premix 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 lnstant Tea Premix 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 lnstant Tea Premix Market Size & Forecast, 2018-2028
4.5.1 lnstant Tea Premix Market Size and Y-o-Y Growth
4.5.2 lnstant Tea Premix Market Absolute $ Opportunity
Chapter 5 Global lnstant Tea Premix 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 lnstant Tea Premix Market Size Forecast by Type
5.2.1 Powder
5.2.2 Paste
5.2.3 Granules
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global lnstant Tea Premix 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 lnstant Tea Premix Market Size Forecast by Applications
6.2.1 Supermarkets
6.2.2 Specialty Stores
6.2.3 Discount Stores
6.2.4 Convenience Stores
6.2.5 E-commerce
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global lnstant Tea Premix 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 lnstant Tea Premix 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 lnstant Tea Premix Analysis and Forecast
9.1 Introduction
9.2 North America lnstant Tea Premix 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 lnstant Tea Premix Market Size Forecast by Type
9.6.1 Powder
9.6.2 Paste
9.6.3 Granules
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 lnstant Tea Premix Market Size Forecast by Applications
9.10.1 Supermarkets
9.10.2 Specialty Stores
9.10.3 Discount Stores
9.10.4 Convenience Stores
9.10.5 E-commerce
9.10.6 Others
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 lnstant Tea Premix Analysis and Forecast
10.1 Introduction
10.2 Europe lnstant Tea Premix 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 lnstant Tea Premix Market Size Forecast by Type
10.6.1 Powder
10.6.2 Paste
10.6.3 Granules
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 lnstant Tea Premix Market Size Forecast by Applications
10.10.1 Supermarkets
10.10.2 Specialty Stores
10.10.3 Discount Stores
10.10.4 Convenience Stores
10.10.5 E-commerce
10.10.6 Others
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 lnstant Tea Premix Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific lnstant Tea Premix 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 lnstant Tea Premix Market Size Forecast by Type
11.6.1 Powder
11.6.2 Paste
11.6.3 Granules
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 lnstant Tea Premix Market Size Forecast by Applications
11.10.1 Supermarkets
11.10.2 Specialty Stores
11.10.3 Discount Stores
11.10.4 Convenience Stores
11.10.5 E-commerce
11.10.6 Others
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 lnstant Tea Premix Analysis and Forecast
12.1 Introduction
12.2 Latin America lnstant Tea Premix 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 lnstant Tea Premix Market Size Forecast by Type
12.6.1 Powder
12.6.2 Paste
12.6.3 Granules
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 lnstant Tea Premix Market Size Forecast by Applications
12.10.1 Supermarkets
12.10.2 Specialty Stores
12.10.3 Discount Stores
12.10.4 Convenience Stores
12.10.5 E-commerce
12.10.6 Others
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) lnstant Tea Premix Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) lnstant Tea Premix 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) lnstant Tea Premix Market Size Forecast by Type
13.6.1 Powder
13.6.2 Paste
13.6.3 Granules
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) lnstant Tea Premix Market Size Forecast by Applications
13.10.1 Supermarkets
13.10.2 Specialty Stores
13.10.3 Discount Stores
13.10.4 Convenience Stores
13.10.5 E-commerce
13.10.6 Others
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 lnstant Tea Premix Market: Competitive Dashboard
14.2 Global lnstant Tea Premix Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nestle
14.3.2 Nykaa
14.3.3 Society Daily
14.3.4 Lipton
14.3.5 Wagh Bakri Tea Group
14.3.6 TeakiHut
14.3.7 Waka Coffee
14.3.8 Kiss Me
14.3.9 Purisure
