Market Overview:
The global white 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 awareness about the health benefits of white tea, increasing demand for premium teas, and growing popularity of iced tea. In terms of type, the white peony white tea segment is expected to lead the market during the forecast period owing to its high quality and rich flavor. In terms of application, beverages are expected to account for a major share of the global white tea market during the forecast period. This can be attributed to rising demand for healthy drinks across regions.
Product Definition:
White tea is a type of tea that is made from Camellia sinensis leaves and buds that are minimally processed. It has a light, slightly sweet flavor and a pale gold color. White tea is the least processed of all teas, and contains the most antioxidants.
White Peony White Tea:
White peony white tea is a new variety of white tea that has been developed from seed mutation. The process of mutation may be either natural or artificial. In the case of natural mutations, the plant gene for color may be switched on or off at will depending upon its location in the plant's genome.
Silver Needle White Tea:
Silver needle white tea is a new variety of white tea that was discovered in 2015. The silver needles are used to pick the leaves and it gives it an extra flavor and freshness. It's mainly used for making premium green tea bags, but now with this discovery its use has expanded into other markets as well such as capsules, powders, etc.
Application Insights:
The beverages segment accounted for the largest share of 72.5% in 2017. The product is widely used in various beverage formulations such as tea, juice, and coffee to enhance their taste and aroma. Furthermore, it is also added with various functional ingredients that help improve metabolism and prevent fat deposition in the body. These factors are likely to drive demand for white tea beverages over the forecast period.
White tea extract (a natural product) has a high potential as an antioxidant agent owing to its high concentration of polyphenols such as catechins.
Regional Analysis:
Asia Pacific was the largest market for white tea in 2016, accounting for more than 50% of global share. China is one of the largest consumers of white tea in this region owing to its traditional significance as a sacred product. White Tea is mainly consumed as an alternative to green tea which has been gaining popularity due to its health benefits. In addition, increasing awareness regarding physical appearance and social status among Chinese youth has led them to consume expensive products such as white tea on a large scale.
Europe accounted for over 20% share in 2016 and is expected to witness significant growth over the forecast period on account of growing demand from countries including U.K., Germany, Italy, Poland and Russia where production base lies with majority shares held by Asian companies like Tata Global Beverages Ltd., Li-Qi Industries Limited and The Hong Kong & Shanghai Banking Corporation Limited (HSBC).
Growth Factors:
- Increasing demand for healthy and organic products: The global white tea market is expected to grow at a CAGR of 6.5% during the forecast period. This can be attributed to the increasing demand for healthy and organic products across the globe.
- Rising awareness about the health benefits of white tea: There is a growing awareness among consumers about the health benefits of white tea, which is driving its demand worldwide.
- Growing popularity of iced tea: Iced tea has gained immense popularity in recent years, with people preferring it over other types of teas due to its refreshing taste and numerous health benefits. This is boosting the growth of the global white tea market.
Scope Of The Report
Report Attributes
Report Details
Report Title
White Tea Market Research Report
By Type
White Peony White Tea, Silver Needle White Tea, Darjeeling White Tea, Moonlight White Tea
By Application
Beverages, Pharmaceuticals, Cosmetics, Toiletries
By Companies
Zejiang Tea Group, Vicony Teas, Lanzhou Waltlets Biotech, Subodh Brothers, ...
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global White Tea Market Report Segments:
The global White Tea market is segmented on the basis of:
Types
White Peony White Tea, Silver Needle White Tea, Darjeeling White Tea, Moonlight White Tea
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
Beverages, Pharmaceuticals, Cosmetics, Toiletries
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:
- Zejiang Tea Group
- Vicony Teas
- Lanzhou Waltlets Biotech
- Subodh Brothers
- ...
Highlights of The White 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:
- White Peony White Tea
- Silver Needle White Tea
- Darjeeling White Tea
- Moonlight White Tea
- By Application:
- Beverages
- Pharmaceuticals
- Cosmetics
- Toiletries
- 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 White 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?
White tea is a type of tea that is made from the leaves of the Camellia sinensis plant. White tea has a slightly sweet taste and a delicate aroma.
Some of the key players operating in the white tea market are Zejiang Tea Group, Vicony Teas, Lanzhou Waltlets Biotech, Subodh Brothers.
The white tea market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. White 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. White Tea Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. White Tea Market - Supply Chain
4.5. Global White Tea Market Forecast
4.5.1. White Tea Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. White Tea Market Size (000 Units) and Y-o-Y Growth
4.5.3. White Tea Market Absolute $ Opportunity
5. Global White 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. White Tea Market Size and Volume Forecast by Type
5.3.1. White Peony White Tea
5.3.2. Silver Needle White Tea
5.3.3. Darjeeling White Tea
5.3.4. Moonlight White Tea
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global White 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. White Tea Market Size and Volume Forecast by Application
6.3.1. Beverages
6.3.2. Pharmaceuticals
6.3.3. Cosmetics
6.3.4. Toiletries
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global White 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. White 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 White 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. White 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 White Tea Demand Share Forecast, 2019-2029
9. North America White 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 White 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 White Tea Market Size and Volume Forecast by Application
9.4.1. Beverages
9.4.2. Pharmaceuticals
9.4.3. Cosmetics
9.4.4. Toiletries
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America White Tea Market Size and Volume Forecast by Type
9.7.1. White Peony White Tea
9.7.2. Silver Needle White Tea
9.7.3. Darjeeling White Tea
9.7.4. Moonlight White Tea
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 White Tea Demand Share Forecast, 2019-2029
10. Latin America White 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 White 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 White Tea Market Size and Volume Forecast by Application
10.4.1. Beverages
10.4.2. Pharmaceuticals
10.4.3. Cosmetics
10.4.4. Toiletries
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America White Tea Market Size and Volume Forecast by Type
10.7.1. White Peony White Tea
10.7.2. Silver Needle White Tea
10.7.3. Darjeeling White Tea
10.7.4. Moonlight White Tea
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 White Tea Demand Share Forecast, 2019-2029
11. Europe White 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 White 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 White Tea Market Size and Volume Forecast by Application
11.4.1. Beverages
11.4.2. Pharmaceuticals
11.4.3. Cosmetics
11.4.4. Toiletries
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe White Tea Market Size and Volume Forecast by Type
11.7.1. White Peony White Tea
11.7.2. Silver Needle White Tea
11.7.3. Darjeeling White Tea
11.7.4. Moonlight White Tea
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 White Tea Demand Share, 2019-2029
12. Asia Pacific White 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 White 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 White Tea Market Size and Volume Forecast by Application
12.4.1. Beverages
12.4.2. Pharmaceuticals
12.4.3. Cosmetics
12.4.4. Toiletries
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific White Tea Market Size and Volume Forecast by Type
12.7.1. White Peony White Tea
12.7.2. Silver Needle White Tea
12.7.3. Darjeeling White Tea
12.7.4. Moonlight White Tea
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 White Tea Demand Share, 2019-2029
13. Middle East & Africa White 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 White 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 White Tea Market Size and Volume Forecast by Application
13.4.1. Beverages
13.4.2. Pharmaceuticals
13.4.3. Cosmetics
13.4.4. Toiletries
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa White Tea Market Size and Volume Forecast by Type
13.7.1. White Peony White Tea
13.7.2. Silver Needle White Tea
13.7.3. Darjeeling White Tea
13.7.4. Moonlight White Tea
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 White Tea Demand Share, 2019-2029
14. Competition Landscape
14.1. Global White Tea Market: Market Share Analysis
14.2. White Tea Distributors and Customers
14.3. White Tea Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zejiang Tea Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vicony Teas
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lanzhou Waltlets Biotech
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Subodh Brothers
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ...
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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