What is the current Tea Market size?

The Tea Market is projected to register a CAGR of 5.72% during the forecast period (2024-2029) Read More

Who are the key players in Tea Market?

Associated British Foods plc, RC Bigelow Inc, Apeejay Surrendra Group, Tata Consumer Products and Ekaterra are the major companies operating in the Tea Market. Read More

Which is the fastest growing region in Tea Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Tea Market?

In 2024, the Asia Pacific accounts for the largest market share in Tea Market. Read More

What years does this Tea Market cover?

The report covers the Tea Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Tea Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What innovative packaging trends are shaping the Tea Industry?

The innovative packaging trends shaping the Tea Industry are eco-friendly & single-serve packaging. Read More

Tea Market Share

Statistics for the 2023 & 2024 Tea market share, created by Mordor Intelligence™ Industry Reports. Tea share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Tea Industry

The tea market is highly competitive, with strong competitors and a diversified product portfolio, which leads to intense competition among the existing players. The leading players in the tea market include Associated British Foods plc, RC Bigelow Inc, Apeejay Surrendra Group, Ekaterra, and Tata Consumer Products. Consumers in the market are craving new and innovative products to accommodate their personal life.

Companies are constantly trying to offer consumers new and innovative launches that meet their demands to capitalize on this trend. Key players have intensely embarked on the industry consolidation by leveraging their distribution network, entering partnerships with local distributors, especially in emerging economies, and developing new products.