Market Overview:
The global vanilla chai 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 vanilla chai tea, and growing popularity of ready-to-drink (RTD) beverages. The global vanilla chai tea market is segmented on the basis of type into sugared and sugar free. The sugared segment is expected to account for a larger share in terms of revenue in 2018, owing to higher demand for sweetened variants of vanilla chai tea. However, with increasing awareness about the health risks associated with excessive sugar consumption, the sugar free segment is projected to grow at a higher CAGR during the forecast period from 2018 to 2030.
Product Definition:
Vanilla chai tea is a black tea blend that typically contains vanilla bean, cinnamon, ginger, and cardamom. It is made by steeping the spices in black tea and adding sweetener and milk. The tea has a rich flavor and aroma that makes it perfect for colder weather drinks.
Sugared:
Sugared is a natural sweetener found in various fruits and plants. It can be extracted from different sources like sugarcane, beet, wheat, and corn. The most commonly used source for the production of sugar is sugarcane. The other important factor that affects the growth of sugared is its application in tea as an artificial sweetener or realising sweetness in tea leaves without any efforts to make it naturally sweet by using honey or citrus fruits.
Sugar Free:
Sugar free and low calorie are terms used for beverages that have less or no sugar content. Sugar is a carbohydrate found in fruits, vegetables, honey, syrups and some grains. It is the white crystalline powder that gives sweetness to food & beverage products. The human body cannot digest sugar so it gets converted into fatty acids and eventually stored as fat in the body.
Application Insights:
The retail segment held the largest share of over 70.0% in 2017. The growing preference for flavored tea beverages among consumers, especially millennials, is expected to be a key factor driving the vanilla chai tea market in this segment. Furthermore, retailers are also increasingly including these beverages as part of their product offerings owing to its ability to enhance customer experience and build a brand image for the retailer.
The catering application is projected register notable growth at an estimated CAGR of XX% from 2018 to 2030 owing primarily due to rising demand from events such as weddings and corporate functions where guests tend order more food & beverage items compared with regular occasions thereby contributing towards higher revenue generation capabilities for Vanilla Chai Tea Market vendors/suppliers operating in this sector Over-the-counter medicines are widely used across various regions particularly Asia Pacific which may include decongestants, cough syrups.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% over the forecast period. The growth can be attributed to increasing product consumption in countries, such as India and China. In addition, rising disposable income levels are anticipated to fuel market demand in this region. Furthermore, growing popularity of ready-to-drink tea products is projected to further propel regional growth during the forecast period.
North America accounted for more than 25% share of global revenue in 2017 owing to high consumer awareness regarding health benefits associated with chai tea products coupled with their unique taste and flavor profile compared to other types of herbal drinks available in U.S., Canada and Mexico markets at that time (such as green tea).
Growth Factors:
- Increasing demand for flavored tea: The global tea market is growing at a steady pace and the demand for flavored tea is increasing rapidly. This provides a major growth opportunity for the vanilla chai tea market.
- Growing popularity of Indian cuisine: Indian cuisine is gaining immense popularity all over the world and this has led to an increase in the demand for chai tea. Vanilla chai tea happens to be one of the most popular variants of chai and hence offers great potential for growth.
- Rising awareness about health benefits of teas: There is a growing awareness about the health benefits of teas, especially among consumers in developed countries. This has led to an increase in consumption of various types of teas, including vanilla chai Tea.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vanilla Chai Tea Market Research Report
By Type
Sugared, Sugar Free
By Application
Retail, Catering, Other
By Companies
DAVIDsTEA, Bigelow, Bolthouse Farms, TWININGS, Oregon Chai, Mystic Chai, Higher Living, TEJAVA, TEViVE, Kroger, Delicae Gourmet, International Delight, Rooibos, BREWED AWAKENING, Good Earth, Stash, Woolworths, Tafelgut, Emz Blendz Soap, Pukka Herbs, London Tea Company
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Vanilla Chai Tea Market Report Segments:
The global Vanilla Chai Tea market is segmented on the basis of:
Types
Sugared, Sugar Free
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
Retail, Catering, 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:
- DAVIDsTEA
- Bigelow
- Bolthouse Farms
- TWININGS
- Oregon Chai
- Mystic Chai
- Higher Living
- TEJAVA
- TEViVE
- Kroger
- Delicae Gourmet
- International Delight
- Rooibos
- BREWED AWAKENING
- Good Earth
- Stash
- Woolworths
- Tafelgut
- Emz Blendz Soap
- Pukka Herbs
- London Tea Company
Highlights of The Vanilla Chai 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:
- Sugared
- Sugar Free
- By Application:
- Retail
- Catering
- 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 Vanilla Chai 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.
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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?
Vanilla Chai Tea is a tea made with black tea, vanilla extract, and cardamom. It has a sweet flavor and is often served cold or over ice.
Some of the major players in the vanilla chai tea market are DAVIDsTEA, Bigelow, Bolthouse Farms, TWININGS, Oregon Chai, Mystic Chai, Higher Living, TEJAVA, TEViVE, Kroger, Delicae Gourmet, International Delight, Rooibos, BREWED AWAKENING, Good Earth, Stash, Woolworths, Tafelgut, Emz Blendz Soap, Pukka Herbs, London Tea Company.
The vanilla chai tea market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vanilla Chai 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. Vanilla Chai Tea Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vanilla Chai Tea Market - Supply Chain
4.5. Global Vanilla Chai Tea Market Forecast
4.5.1. Vanilla Chai Tea Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vanilla Chai Tea Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vanilla Chai Tea Market Absolute $ Opportunity
5. Global Vanilla Chai 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. Vanilla Chai Tea Market Size and Volume Forecast by Type
5.3.1. Sugared
5.3.2. Sugar Free
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vanilla Chai 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. Vanilla Chai Tea Market Size and Volume Forecast by Application
6.3.1. Retail
6.3.2. Catering
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vanilla Chai 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. Vanilla Chai 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 Vanilla Chai 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. Vanilla Chai 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 Vanilla Chai Tea Demand Share Forecast, 2019-2026
9. North America Vanilla Chai 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 Vanilla Chai 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 Vanilla Chai Tea Market Size and Volume Forecast by Application
9.4.1. Retail
9.4.2. Catering
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vanilla Chai Tea Market Size and Volume Forecast by Type
9.7.1. Sugared
9.7.2. Sugar Free
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 Vanilla Chai Tea Demand Share Forecast, 2019-2026
10. Latin America Vanilla Chai 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 Vanilla Chai 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 Vanilla Chai Tea Market Size and Volume Forecast by Application
10.4.1. Retail
10.4.2. Catering
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vanilla Chai Tea Market Size and Volume Forecast by Type
10.7.1. Sugared
10.7.2. Sugar Free
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 Vanilla Chai Tea Demand Share Forecast, 2019-2026
11. Europe Vanilla Chai 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 Vanilla Chai 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 Vanilla Chai Tea Market Size and Volume Forecast by Application
11.4.1. Retail
11.4.2. Catering
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vanilla Chai Tea Market Size and Volume Forecast by Type
11.7.1. Sugared
11.7.2. Sugar Free
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 Vanilla Chai Tea Demand Share, 2019-2026
12. Asia Pacific Vanilla Chai 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 Vanilla Chai 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 Vanilla Chai Tea Market Size and Volume Forecast by Application
12.4.1. Retail
12.4.2. Catering
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vanilla Chai Tea Market Size and Volume Forecast by Type
12.7.1. Sugared
12.7.2. Sugar Free
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 Vanilla Chai Tea Demand Share, 2019-2026
13. Middle East & Africa Vanilla Chai 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 Vanilla Chai 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 Vanilla Chai Tea Market Size and Volume Forecast by Application
13.4.1. Retail
13.4.2. Catering
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vanilla Chai Tea Market Size and Volume Forecast by Type
13.7.1. Sugared
13.7.2. Sugar Free
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 Vanilla Chai Tea Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vanilla Chai Tea Market: Market Share Analysis
14.2. Vanilla Chai Tea Distributors and Customers
14.3. Vanilla Chai Tea Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DAVIDsTEA
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
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bolthouse Farms
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TWININGS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Oregon Chai
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mystic Chai
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Higher Living
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TEJAVA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TEViVE
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kroger
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Delicae Gourmet
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. International Delight
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Rooibos
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. BREWED AWAKENING
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Good Earth
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Stash
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Woolworths
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Tafelgut
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Emz Blendz Soap
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Pukka Herbs
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook