Chrysanthemum Tea Market was valued at USD 0.75 Billion in 2022 and is projected to reach USD 1.20 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
Looking ahead, the market is poised for continued growth from 2023 to 2033. Projections indicate that by 2032, the market will reach $249.8 million, maintaining a CAGR of 5.1%. Several factors are expected to fuel this growth:
Health and Wellness Trends: As consumers become more health-conscious, there's an increasing preference for natural and functional beverages. Chrysanthemum tea, known for its potential health benefits, aligns well with this trend.
Product Innovation: Companies are introducing innovative products, such as ready-to-drink chrysanthemum tea and blends with other herbs and flavors, to attract a broader consumer base.
Expansion of Distribution Channels: The rise of online retail platforms has made it easier for consumers to access a variety of chrysanthemum tea products, thereby boosting sales.
However, the market faces challenges, including limited awareness in certain regions and competition from established beverages. To overcome these hurdles, companies are focusing on marketing campaigns to educate consumers and highlight the unique benefits of chrysanthemum tea.
In my personal experience, exploring various chrysanthemum tea products has revealed a diverse range of flavors and health benefits. The market's evolution reflects a growing appreciation for traditional beverages that offer both taste and wellness advantages.
Get an In-Depth Research Analysis of the Global Chrysanthemum Tea Market Size And Forecast [2025-2032]
The chrysanthemum tea market has witnessed significant developments from 2018 to 2022, setting the stage for anticipated trends between 2023 and 2033. This analysis delves into the market's past performance and future projections, offering insights into its evolving landscape.
Between 2018 and 2022, the global chrysanthemum tea market experienced steady growth. In 2022, the market was valued at $153.1 million, with a compound annual growth rate (CAGR) of approximately 5.1% during this period. This growth was primarily driven by increasing consumer awareness of the health benefits associated with chrysanthemum tea, such as its antioxidant and anti-inflammatory properties. Additionally, the rising demand for floral-infused beverages contributed to the market's expansion.
HelloYoung
Changsha Ayhhed Biotechnology Co. Ltd
Huangshan Greenxtract Co. Ltd
Anhui Yiyuan Herbal Pieces Technology Co. Ltd
Fujian Province Guangfu Tea Co. Ltd
Kangerfu Health Beverage Food Co. Ltd
Hangzhou Anatta Tea Co. Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Chrysanthemum Tea Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Chrysanthemum Tea Market
Retail
Catering
Based on Types the Market is categorized into Below types that held the largest Chrysanthemum Tea market share In 2023.
Chrysanthemum Indicum
Chrysanthemum Morifolium
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Chrysanthemum Tea Market Research Analysis
1. Introduction of the Global Chrysanthemum Tea Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Chrysanthemum Tea Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Chrysanthemum Tea Market, By Type
6. Global Chrysanthemum Tea Market, By Application
7. Global Chrysanthemum Tea Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Chrysanthemum Tea Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/