Sip Sustainability: Organic Tea Market to Reach US$2.69 Billion by 2033

THE organic tea market expected to expand its roots at a steady pace 8.0% CAGR during the forecast period. The market is likely to generate revenues of $1.24 billion in 2023 while it is planned to cross a value of 2.69 billion US dollars by 2033.

Organic products are increasingly popular among customers due to changing lifestyles and the growing belief that organic products are healthier than conventional products. Furthermore, the growing trend towards consuming products of natural origin and without pesticides will lead to an increase in organic tea sales worldwide.

Food safety has become an important priority for consumers, which is why organic foods grown organically without the use of artificial fertilizers, such as organic tea leaves, are considered safer than conventional tea leaves. This also helps the organic tea industry gain popularity.

Furthermore, the organic tea industry is expected to grow due to the growing trend of organic and clean label nutritional drinks.

Example of report request
https://www.futuremarketinsights.com/reports/sample/rep-gb-14375

Key Takeaways from the Market Research

• Based on product type, organic herbal teas are expected to account for over 50% of the market share during the forecast period.
• The North America organic tea market is expected to register a growth of 7.9% CAGR during the forecast period.
• Europe should represent 3/7^th of global organic tea consumption by 2032
• Organic tea sold in tea bags is expected to hold a market share of over 40% during the forecast period.
• The supply chain of the organic tea market has been severely affected by COVID-19, leading to slowdown in sales. However, with the recovery of the economy and increasing demand for functional beverages, the market is expected to witness significant growth.

“Consumers seeking an authentic tea experience will result in strong demand for specialty teas. This is expected to contribute to the growth of the organic tea market. said an analyst.

Competitive landscape

The global organic tea market is moderately consolidated with major players focusing on launching new and innovative teas while establishing strategic partnerships and acquiring established players in the sector. In addition, they are also expanding their production capacities to enable market consolidation:

• In October 2019, Choice Organic Teas, a leading organic tea company, was acquired by Yogi Tea as part of a strategic move to expand its organic tea business globally.
• Celestial Seasonings launched TeaWell in October 2019, a product line that combines organic wellness tea with a powerful blend of health benefits and exquisite tastes. The range includes a variety of flavors created from a blend of herbs and botanicals. The “Daily Wellness Core” of these products is a combination of four essential ingredients: elderberry, dandelion root, panax ginseng and green rooibos.

Explore more valuable information

Future Market Insights, in its new report, offers an unbiased analysis of the global organic tea market, presenting historical data (2017-2021) and estimation statistics for the forecast period 2022-2032.

Get report customization
https://www.futuremarketinsights.com/customization-available/rep-gb-14375

Organic Tea Market by Category and Product Type, the organic tea market is segmented as follows:

• Real Tea
  • Black tea
  • Green tea
  • Oolong tea
  • Pu-erh tea
  • White tea
• Herbal tea
  • Chamomile herbal tea
  • Peppermint Herbal Tea
  • Ginger Herbal Tea
  • Lemongrass Herbal Tea
  • Other herbal teas

By form, the organic tea market is segmented as follows:

• Dried leaf
• Powder Sheet
• Liquid

By packaging, the organic tea market is segmented as follows:

• Boxes
• Cans
• Tea bags
• Paper pouches
• Other packaging

By sales channel, the organic tea market is segmented as follows:

• Offline sales channel
  • Supermarkets/Hypermarkets
  • Department stores
  • Grocery store
  • Other sales channel
• Online sales channel
  • Company Website
  • E-commerce platform

By region, the organic tea market is segmented as follows:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR Certified, Stevie Award Recipient, and Member of the Greater New York Chamber of Commerce) provides in-depth insight into the driving factors driving market demand. FMI is the leading global provider of market intelligence, advisory services, advisory services and events to the packaging, food and beverage, consumer technology, healthcare, industry and chemicals. With an extensive team of more than 400 analysts worldwide, FMI provides global, regional and local expertise on diverse areas and industry trends in more than 110 countries.

Contact us:

Nandini Singh Sawlani

Future Market Outlook Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, United States
Such. : +1-845-579-5705
For sales inquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | Youtube