Chrysanthemum Tea Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 2.5 Billion by 2033 at a CAGR of 9.5% from 2026 to 2033.
The global chrysanthemum tea market size was valued at approximately USD 1.8 billion in 2022 and is expected to register a compound annual growth rate (CAGR) of 5.5% from 2023 to 2030. The rising popularity of natural beverages and their perceived health benefits have significantly contributed to this growth. Additionally, the increasing consumer demand for organic and caffeine free drinks has fueled the market expansion. North America and Europe are seeing a steady rise in demand for chrysanthemum tea, owing to its association with stress reduction, immune system support, and overall well being. The growing trend toward herbal and wellness beverages is expected to continue driving growth in these regions, resulting in an increase in market share. The market is also supported by the expanding retail channels and growing online platforms offering a wide range of chrysanthemum tea products to consumers worldwide.
Regionally, the Asia Pacific region dominates the global chrysanthemum tea market, accounting for over 40% of the total market share in 2022. This is attributed to the longstanding cultural and traditional consumption of chrysanthemum tea, particularly in China, Japan, and South Korea. The region is projected to continue holding a major share due to the growing awareness of health benefits and the increasing adoption of chrysanthemum tea in daily diets. The Middle East and Africa are anticipated to witness significant growth over the forecast period, driven by increasing health conscious populations and growing demand for alternative herbal teas. Latin America and other regions are also expected to experience gradual market growth as consumers explore various herbal tea options, with a forecasted CAGR of 6.2% from 2023 to 2030.
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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.
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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. 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.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Chrysanthemum Tea Market
Loose Leaf Chrysanthemum Tea
Chrysanthemum Tea Bags
Chrysanthemum Extracts
Retail Consumers
Healthcare Professionals
Culinary Experts
Tea Enthusiasts
Bulk Packaging
Consumer Packs
Gift Packaging
Eco-friendly Packaging
Online Retailers
Supermarkets/Hypermarkets
Specialty Tea Shops
Health and Wellness Stores
Traditional Chrysanthemum
Blended Flavors (e.g., Lemon, Ginger)
Herbal Infusions
Organic Options
US (United States, US 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)
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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
US
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
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