Market Overview:
The global herbal and fruit teas market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The high quality segment is expected to dominate the global herbal and fruit teas market in terms of value, while the low quality segment is projected to register the highest CAGR during the forecast period. In terms of volume, Asia Pacific is estimated to lead the global herbal and fruit teas market in 2018. The supermarkets segment accounted for a major share of the global herbal and fruit tea market in 2017, followed by convenience stores.
Product Definition:
A tea is a beverage made by pouring hot or boiling water over cured leaves of the Camellia sinensis, an evergreen shrub native to Asia. After steeping for a few minutes, the leaves are typically removed and discarded. Herbal teas (tisanes), on the other hand, are infusions of herbs, spices, fruits or other plant material in hot water. Fruit teas are brewed from tea bags filled with fruit pulp and pieces.
Herbal and fruit teas offer several potential health benefits. They're typically low in caffeine and can be enjoyed without sugar or milk additives.
High Quality:
High quality refers to the grade of raw material used in herbal and fruit teas. The grades are differentiated on the basis of two aspects, namely,leaf size and nutrient level.
The larger leaves are more likely to contain higher levels of nutrients; while smaller leaves usually have lower nutrient levels but a stronger flavor due to their greater exposure to light, which is also known as phenolic content.
Middle Quality:
Middle-quality tea is the one that is produced with good quality leaves, but it does not meet the standards of premium and high-quality teas. Middle-quality tea can be sold at a lower price than premium and high-quality teas making it more popular among consumers. The major factor driving middle quality market includes growing demand for organic food products across the globe coupled with rising health awareness among people.
Application Insights:
The market is segmented by application into supermarkets, convenience stores, online stores and others. The other application segment includes restaurants and food chains that offer herbal and fruit tea as a beverage to their customers. Supermarkets accounted for the largest share in terms of both volume as well as revenue in 2017 owing to the wide availability of products through this channel. Moreover, rising health concerns among consumers coupled with increasing disposable income has resulted in an increased demand for healthy beverages which drives the market growth at a constant rate.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness a significant growth rate of 7.5% from 2018 to 2030 owing to increasing consumption of herbal and fruit based beverages in countries such as China, Japan, South Korea, India and Australia among others. Increasing health consciousness amongst consumers is one of the major factors driving demand for these products over the forecast period.
Growth Factors:
- Increasing demand for healthy and organic food products.
- Rising awareness about the health benefits of herbal and fruit teas among consumers.
- Growing popularity of tea culture around the world.
- Innovative product offerings by tea manufacturers to cater to the changing preferences of consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Herbal and Fruit Teas Market Research Report
By Type
High Quality, Middle Quality, Low Quality
By Application
Supermarkets, Convenience Stores, Online Stores, Other
By Companies
Coca Cola, Associated British Foods, Unilever, Bettys & Taylors Group, Teavana, London Fruit & Herb, Steepster, Sencha, Bancha, Dragon Well, Pi Lo Chun, Mao Feng, Xinyang Maojian, Anji Green 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 Herbal and Fruit Teas Market Report Segments:
The global Herbal and Fruit Teas market is segmented on the basis of:
Types
High Quality, Middle Quality, Low Quality
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, Convenience Stores, Online Stores, 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:
- Coca Cola
- Associated British Foods
- Unilever
- Bettys & Taylors Group
- Teavana
- London Fruit & Herb
- Steepster
- Sencha
- Bancha
- Dragon Well
- Pi Lo Chun
- Mao Feng
- Xinyang Maojian
- Anji Green Tea
Highlights of The Herbal and Fruit Teas 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:
- High Quality
- Middle Quality
- Low Quality
- By Application:
- Supermarkets
- Convenience Stores
- Online Stores
- 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 Herbal and Fruit Teas 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?
Herbal and fruit teas are made from a variety of plants, including flowers, fruits, and leaves. These teas are often enjoyed for their health benefits and taste.
Some of the major companies in the herbal and fruit teas market are Coca Cola, Associated British Foods, Unilever, Bettys & Taylors Group, Teavana, London Fruit & Herb, Steepster, Sencha, Bancha, Dragon Well, Pi Lo Chun, Mao Feng, Xinyang Maojian, Anji Green Tea.
The herbal and fruit teas market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Herbal and Fruit Teas 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. Herbal and Fruit Teas Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Herbal and Fruit Teas Market - Supply Chain
4.5. Global Herbal and Fruit Teas Market Forecast
4.5.1. Herbal and Fruit Teas Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Herbal and Fruit Teas Market Size (000 Units) and Y-o-Y Growth
4.5.3. Herbal and Fruit Teas Market Absolute $ Opportunity
5. Global Herbal and Fruit Teas 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. Herbal and Fruit Teas Market Size and Volume Forecast by Type
5.3.1. High Quality
5.3.2. Middle Quality
5.3.3. Low Quality
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Herbal and Fruit Teas 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. Herbal and Fruit Teas Market Size and Volume Forecast by Application
6.3.1. Supermarkets
6.3.2. Convenience Stores
6.3.3. Online Stores
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Herbal and Fruit Teas 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. Herbal and Fruit Teas 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 Herbal and Fruit Teas 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. Herbal and Fruit Teas 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 Herbal and Fruit Teas Demand Share Forecast, 2019-2026
9. North America Herbal and Fruit Teas 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 Herbal and Fruit Teas 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 Herbal and Fruit Teas Market Size and Volume Forecast by Application
9.4.1. Supermarkets
9.4.2. Convenience Stores
9.4.3. Online Stores
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Herbal and Fruit Teas Market Size and Volume Forecast by Type
9.7.1. High Quality
9.7.2. Middle Quality
9.7.3. Low Quality
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 Herbal and Fruit Teas Demand Share Forecast, 2019-2026
10. Latin America Herbal and Fruit Teas 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 Herbal and Fruit Teas 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 Herbal and Fruit Teas Market Size and Volume Forecast by Application
10.4.1. Supermarkets
10.4.2. Convenience Stores
10.4.3. Online Stores
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Herbal and Fruit Teas Market Size and Volume Forecast by Type
10.7.1. High Quality
10.7.2. Middle Quality
10.7.3. Low Quality
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 Herbal and Fruit Teas Demand Share Forecast, 2019-2026
11. Europe Herbal and Fruit Teas 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 Herbal and Fruit Teas 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 Herbal and Fruit Teas Market Size and Volume Forecast by Application
11.4.1. Supermarkets
11.4.2. Convenience Stores
11.4.3. Online Stores
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Herbal and Fruit Teas Market Size and Volume Forecast by Type
11.7.1. High Quality
11.7.2. Middle Quality
11.7.3. Low Quality
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 Herbal and Fruit Teas Demand Share, 2019-2026
12. Asia Pacific Herbal and Fruit Teas 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 Herbal and Fruit Teas 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 Herbal and Fruit Teas Market Size and Volume Forecast by Application
12.4.1. Supermarkets
12.4.2. Convenience Stores
12.4.3. Online Stores
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Herbal and Fruit Teas Market Size and Volume Forecast by Type
12.7.1. High Quality
12.7.2. Middle Quality
12.7.3. Low Quality
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 Herbal and Fruit Teas Demand Share, 2019-2026
13. Middle East & Africa Herbal and Fruit Teas 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 Herbal and Fruit Teas 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 Herbal and Fruit Teas Market Size and Volume Forecast by Application
13.4.1. Supermarkets
13.4.2. Convenience Stores
13.4.3. Online Stores
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Herbal and Fruit Teas Market Size and Volume Forecast by Type
13.7.1. High Quality
13.7.2. Middle Quality
13.7.3. Low Quality
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 Herbal and Fruit Teas Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Herbal and Fruit Teas Market: Market Share Analysis
14.2. Herbal and Fruit Teas Distributors and Customers
14.3. Herbal and Fruit Teas Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Coca Cola
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Associated British Foods
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Unilever
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bettys & Taylors Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Teavana
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. London Fruit & Herb
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Steepster
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sencha
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bancha
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dragon Well
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pi Lo Chun
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mao Feng
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Xinyang Maojian
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Anji Green Tea
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