The global tea market shows no signs of slowing down. Market experts predict it will reach $102 billion by 2025. This centuries-old industry continues to thrive with projected growth rates (CAGR) between 6.3% and 6.6% over the next few years. Tea remains more popular than ever as it evolves beyond traditional drinks into new formats…
Tea businesses can tap into a massive global market that will reach $318 billion by 2025. The market shows an impressive 9.72% yearly growth from its $200 billion value in 2020. Many tea companies still use outdated customer grouping models that don’t deal very well with key buying patterns. Black tea leads the market with…
The global chai tea market has reached a remarkable milestone. Its value stands at USD 5.18 billion in 2024. Market experts expect this number to reach USD 8.79 billion by 2033, with a steady growth rate of 6.05% annually. The United States market shows impressive results, with retail sales exceeding $1 billion in 2021. Several…
Tea trends are changing the industry map even as volume sales show a downward trend. The UK tea market will grow to £884 million by 2028. Yet during this period, volume consumption will drop by 8%. The global tea market paints a brighter picture. Market value will climb from $55.67 billion in 2024 to a…
The organic tea market will reach $2.86 billion by 2032. A remarkable shift has taken place in the tea industry. More health-conscious consumers now prefer organic options to regular tea. The global tea market stands at $80.94 billion in 2024. Its organic segment shows impressive growth from its current value of $704.7 million. Market forecasts…
The herbal tea market continues to thrive and experts project it will reach between $4.76 billion and $6.18 billion by 2031. Consumer priorities have changed dramatically – specialty teas now make up 60% of all tea sales, compared to just 37% in 2000. Millennials lead this transformation as 87% of them drink tea products and…
The green tea market will grow to $92 billion by 2030. Market analysis reveals an annual growth rate of 8.04% between 2022 and 2030. The global tea market size continues to expand by a lot. Green tea shows stronger performance compared to other varieties. Black tea dominates with a 39% market share, though green tea…
The bubble tea market is booming. Current valuations have reached USD 2.63 billion in 2024. Market experts predict this number will climb to USD 5.4 billion by 2033. Young consumers love this beverage category and they want new flavors and healthier options. The Asia Pacific region leads the global bubble tea scene with a 43.35%…
Tea traditions stretch back to 300 BCE in China, and Canadians have since created their special customs. The British passion for afternoon tea blossomed in England during the 17th century. Anna Russell, the Duchess of Bedford, made it a social staple around 1840. Canadian tea ceremonies have evolved into a prominent tradition, especially in our…
This article delves into the dynamic landscape of the tea business in Australia, exploring the myriad opportunities and challenges that entrepreneurs and enthusiasts face in this thriving market. It offers a detailed examination of industry trends, consumer preferences, and best practices for success, providing valuable insights for both seasoned professionals and newcomers alike. By equipping…