Tea Market

Transparency Market

Research

Tea Market - Global Industry Analysis, Trend,

Size, Share and Forecast, 2014 – 2020

Published Date

2015-03-03

46 Page Report

Buy Now

Request Sample

Press Release

Tea Market is expected to reach USD 47.20 billion in 2020

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Tea Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research “Tea Market Global Industry Analysis, Trend, Size, Share and Forecast, 2014 - 2020” global tea market was

USD 38.84 billion in 2013 and is expected to reach USD 47.20 billion by 2020, growing at a CAGR

of 2.8% from 2014 to 2020.

Browse the full Tea Market report at

http://www.transparencymarketresearch.com/global-tea-market.html

The global demand for tea is being primarily driven by the increasing demand for hot beverages

among the growing population. Along with this, growing health consciousness among the

consumers has also been a major factor in the growth of the tea industry in recent years. The

super antioxidants property of tea helps to prevent arthritis, improve bone density, control blood

pressure and reduce risk of heart disease such as protection against cardiovascular and

degenerative diseases among others. Green tea consumption helps to protect against developing

of esophageal and stomach cancer. All these factors have further contributed to the growth of

the tea market.

By product type, the tea market has been segmented into leaf tea and CTC tea (Crush, Tear and

Curl). Leaf tea is further categorized into black tea, green tea and oolong tea. Black tea is the

most preferred type of tea that is consumed and accounted for over 50% of the total tea demand

in 2013. Black tea market is followed by green tea market. Green tea due to its high antioxidants

property and high consumption in Asia Pacific is expected to be the fastest...