Data Bridge Market Research analyses that the herbal tea market was valued at USD 3,290.17 million in 2021 and is expected to reach the value of USD 5,445.22 million by 2029, at a CAGR of 6.50% during the forecast period of 2022-2029. 

Key Pointers Covered in Herbal Tea Market Industry Trends and Forecast to 2029

·        Market Size

·        Market New Sales Volumes

·        Market Replacement Sales Volumes

·        Market Installed Base

·        Market By Brands

·        Market Procedure Volumes

·        Market Product Price Analysis

·        Market Regulatory Framework and Changes

·        Market Shares in Different Regions

·        Recent Developments for Market Competitors

·        Market Upcoming Applications

·        Market Innovators Study

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Benefits of Considering this Report:

·        This report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.

·        A complete picture of the competitive scenario of Herbal Tea Market is depicted by this report.

·        The report consists of a vast amount of data about the recent product and technological developments in the markets.

·        The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.

Herbal Tea Market Scope and Market Size

The global herbal tea market is segmented on the basis of type, function, packaging type, raw material, product type, application, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

·        Cinnamon

·        Dandelion

·        Chamomile

·        Ginger

·        Turmeric

·        Blends

·        Others

Function

·        Cognitive Health

·        Gut and Digestive Health

·        Multifunctional

·        Others

Packaging type

·        Loose Tea

·        Paper Pouches

·        Tea Bags

·        Carton Packs

·        Can Packaging

Raw material

·        Green Tea

·        Black Tea

·        Yellow Tea

Product type

·        Syrups

·        Premixes

·        Powdered Ready to Drink

·        Liquid Ready to Drink

Distribution channel

·        Store based

·        Non store based

·        Application

·        Commercial Consumption

·        Individual Consumption

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 Some of the key questions answered in this report:

·        How has the Herbal Tea Market performed so far and how will it perform in the coming years?

·        What are the key regional markets?

·        What is the breakup of the market based on the procedure?

·        What is the breakup of the market based on the injury location?

·        What is the breakup of the market based on the end user?

·        What are the various stages in the value chain of the industry?

·        What are the key driving factors and challenges in the industry?

·        What is the structure of the Herbal Tea Market and who are the key players?

·        What is the degree of competition in the industry?

Market Analysis and Insights: Herbal Tea Market

·   Herbal tea is made from dried leaves, nuts, barks, seeds, grasses, fruits, flowers, and roots of various plants. Herbal teas are used for a variety of therapeutic purposes. Herbal tea is consumed for its health benefits, such as improved digestive and immune systems. Popular herbal teas include green tea, peppermint tea, chamomile tea, ginseng tea, ginger tea, cinnamon tea, and others.

·   Herbal tea is a refreshing drink that aids in stress reduction and is widely consumed around the world. Herbal tea has a high concentration of antioxidants and flavonoids. They may have anti-cancer and anti-aging properties, making them a healthier choice.

·   One of the most important factors driving market growth is the growing consumer preference for safe, chemical-free, and healthy consumables. Furthermore, herbal tea farming is based on ecological processes, biodiversity, and cycles that are tailored to local conditions, which keeps the soil rich and fertile and promotes plant biodiversity. This, along with rising initiatives by governing bodies in a variety of countries to encourage the adoption of sustainable agricultural practises through various incentives and subsidies, is contributing to market growth.

·   To reduce their carbon footprint, several manufacturers are developing tea bags with compostable and biodegradable outer packaging. In order to broaden their product portfolio and increase overall sales, they are also introducing ready-to-drink variants. They are also investing in innovative marketing strategies and celebrity endorsements, which are expected to drive market growth in the coming years.

Herbal Tea Market Country Level Analysis

·        U.S., Canada and Mexico in [North America]

·        Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, [Rest of Europe]

·        China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, [Rest of Asia-Pacific (APAC)]

·        Saudi Arabia, U.A.E, South Africa, Egypt, Israel, [Rest of Middle East and Africa (MEA)]

·        Brazil, Argentina and [Rest of South America]

Herbal Tea Market Share Analysis

The herbal tea market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to herbal tea market.

Key player Herbal Tea Market

·        Tata Consumer Product Limited (India)

·        Unilever (UK)

·        Associated British Foods plc (UK)

·        Vahdam (India)

·        Celestial Seasonings,(US)

·        Bombay Burmah Trading Corporation Limited (India)

·        Stash Tea (US)

·        Bigelow Tea (US)

·        Shangri-la Tea (US)

·        Yogi (US)

·        Republic of Tea (US)

·        Mighty Leaf Tea (Canada)

·        Numi, Inc. P.B.C (US)

·        ONO TEAS Pvt. Ltd, (India)

·        Dilmah Ceylon Tea Company PLC (Sri Lanka)

·        Apeejay Surrendra Group (India)

 MAJOR TOC OF THE REPORT

·        Chapter One: Introduction

·        Chapter Two: Market Segmentation

·        Chapter Three: Market Overview

·        Chapter Four: Executive Summary

·        Chapter Five: Premium Insights

·        Chapter Six: Herbal Tea Market Share by Product & Procedure type

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