Tea Market Future Growth, Opportunities and Forecast to 2019

Tea Market Size, Share, Trends, Company Profiles, Demand, Insights,

Analysis, Research, Report, Opportunities, Segmentation and Forecast To

2019

Tea is the second-most affordable beverage across the world. It is consumed by a wide

demographic. Global tea market is expected to grow at a significant rate from 2015 to 2019. It

was worth about USD 39 billion in 2014. By 2019, its valuation could exceed USD 48 billion.

Demand for tea is rising as a result of escalating awareness of the derived health benefits. Tea

has high antioxidant content. Antioxidants are known to prevent cancer, lower risk of

cardiovascular ailments, control blood pressure, etc. Tea also improves bone density and

prevents arthritis.

Nowadays tea is available in various flavors and types. Market players focus on developing new

blends and flavors to attract customers. The tea industry generates huge employment

opportunities and offers economic advantages. This is fueling market growth.

However, excessive tea consumption is linked with negative effects on human health. High

intake of tea may cause osteoflurosis, caffeine addiction, prostate cancer, etc. Other beverages

like coffee, hot chocolate, soda, juices, etc. act as substitutes and limit demand for tea.

Browse the full “Tea Market” report at: http://www.radiantinsights.com/research/globaltea-market-to-2019-market-size-development-top-10-countries-and-forecasts

Products in the tea market are divided into three types, namely black tea; green tea; and tea

concentrates, extracts and essences. While black tea may be fermented or partly fermented, green

tea is unfermented. Black tea has been the leading product in the recent past. Green tea is

anticipated to grow at a lucrative rate owing to associated health benefits. Vendors are

strategizing to gain from this trend by developing related products.

Based on geographies, the tea market is categorized into North America, Europe, Asia Pacific

and RoW (Rest of the World). Major national markets are...