1h Free Analyst Time
The Out-of-home Tea Market size was estimated at USD 41.58 billion in 2022, USD 43.29 billion in 2023, and is expected to grow at a CAGR of 5.52% to reach USD 63.95 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
The out-of-home tea includes tea-based beverages served in locations and establishments beyond individual households. This includes tea served at cafes, restaurants, hotels, offices, events, serve-yourself stations in supermarkets or gas stations, and various other venues where tea is consumed by individuals away from their homes. Increasing health consciousness among consumers preferring healthier beverage choices and rising disposable incomes allowing for indulgence in premium experiences at specialty cafés is driving the demand for out-of-home tea. Growing appreciation for diverse cultural cuisines, with tea becoming a popular choice for social gatherings and relaxation, is expanding the demand for out-of-home tea. Rising variability in raw material prices due to unpredictable weather patterns affecting crop yields is hampering market growth. The rising introduction of rare and exotic teas with diverse flavors by market vendors is expected to create opportunities for market growth. The ongoing collaboration activities by market vendors with popular local or international brands to offer exclusive products or promotions and the rising adoption of environmentally-conscious practices such as sustainable packaging solutions and ethically sourced ingredients are anticipated to expand the scope of the market.
Regional Insights
Consumer preferences are shifting toward healthier choices, and the high adoption of tea in various nations, such as the U.S., UK, Germany, China, Japan, and India, is significantly contributing to the growth of the out-of-home tea market. Furthermore, the U.S. is a technologically advanced country with advanced production facilities, including high-speed tea bagging machines, automation, and robotics to drive the production efficiency of out-of-home tea, subsequently expanding the market scope. Furthermore, worldwide, China produces 40% of the tea, approximately 2.4 million tonnes, and most tea is cultivated in Yunnan, Guangdong, and Zhejiang areas. Additionally, in Asian countries, including India, Sri Lanka, and Vietnam, the tea market is huge, with a significant number of tea gardens distributed across the country, further creating opportunities for the market to grow across this region. In the European Union (EU) countries, the out-of-home tea sector is fueled by growing interest in unique flavors and wellness attributes. Countries, including the United Kingdom, are witnessing an increase in specialty tea lounges and cafes that cater to these preferences.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Out-of-home Tea Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Out-of-home Tea Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Out-of-home Tea Market, highlighting leading vendors and their innovative profiles. These include Apeejay Surrendra Group, Asahi Group Holdings, Ltd., Associated British Foods PLC, Barry’s Tea, Betjeman and Barton, Bettys & Taylors Group Limited, Bigelow Tea, Ceylon Tea, Dabur India Limited, DavidsTea Inc., Dilmah Ceylon Tea Company PLC by MJF Exports (Pvt) Limited, Fauchon SAS, Godrej & Boyce Manufacturing Company Limited, Guangzhou Runming Food Technology Co., Ltd, Harney & Sons Fine Tea, ITO EN LTD., Jacobs Douwe Egberts B.V., Julius Meinl Industrieholding GmbH, Kirin Holdings Company, Limited, Kusmi Tea by Orientis Gourmet SAS, Lipton Teas and Infusions, Marvel Tea, Nerada Tea Pty Ltd., Nestle S.A., Numi, Inc., Organic India Pvt. Ltd., Palais des Thés, PepsiCo, Inc., Sancha Tea, Sapat International Pvt. Ltd., Sapporo Holdings Limited, Sugimoto Seicha Usa, Inc., Suntory Holdings Limited, Tata Consumer Products Limited, Tea of Life, Teaxpress, TenFu’s Tea, The Coca-Cola Company, The Daintree Tea Company, The Hain Celestial Group, Inc., The Republic of Tea, Inc., Unilever PLC, Vahdam Teas Private Limited, and Williamson Magor & Co. Limited.Market Segmentation & Coverage
This research report categorizes the Out-of-home Tea Market to forecast the revenues and analyze trends in each of the following sub-markets:- Product Type
- Black Tea
- Green Tea
- Herbal Tea
- Packaging
- Bottled Tea
- Canned Tea
- Pouches
- Tea Bags
- Utility
- Loose Leaf Tea
- Ready-to-Drink
- Certification
- Conventional
- Organic
- End-user
- Hotels & Restaurants
- Offices & Institutions
- Tea Stalls & Café’s
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as
- What is the market size and forecast of the Out-of-home Tea Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Out-of-home Tea Market?
- What are the technology trends and regulatory frameworks in the Out-of-home Tea Market?
- What is the market share of the leading vendors in the Out-of-home Tea Market?
- Which modes and strategic moves are suitable for entering the Out-of-home Tea Market?
Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.
With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.
This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Out-of-home Tea Market, by Product Type
7. Out-of-home Tea Market, by Packaging
8. Out-of-home Tea Market, by Utility
9. Out-of-home Tea Market, by Certification
10. Out-of-home Tea Market, by End-user
11. Americas Out-of-home Tea Market
12. Asia-Pacific Out-of-home Tea Market
13. Europe, Middle East & Africa Out-of-home Tea Market
14. Competitive Landscape
15. Competitive Portfolio
16. Appendix
List of Figures
List of Tables
Companies Mentioned
- Apeejay Surrendra Group
- Asahi Group Holdings, Ltd.
- Associated British Foods PLC
- Barry’s Tea
- Betjeman and Barton
- Bettys & Taylors Group Limited
- Bigelow Tea
- Ceylon Tea
- Dabur India Limited
- DavidsTea Inc.
- Dilmah Ceylon Tea Company PLC by MJF Exports (Pvt) Limited
- Fauchon SAS
- Godrej & Boyce Manufacturing Company Limited
- Guangzhou Runming Food Technology Co., Ltd
- Harney & Sons Fine Tea
- ITO EN LTD.
- Jacobs Douwe Egberts B.V.
- Julius Meinl Industrieholding GmbH
- Kirin Holdings Company, Limited
- Kusmi Tea by Orientis Gourmet SAS
- Lipton Teas and Infusions
- Marvel Tea
- Nerada Tea Pty Ltd.
- Nestle S.A.
- Numi, Inc.
- Organic India Pvt. Ltd.
- Palais des Thés
- PepsiCo, Inc.
- Sancha Tea
- Sapat International Pvt. Ltd.
- Sapporo Holdings Limited
- Sugimoto Seicha Usa, Inc.
- Suntory Holdings Limited
- Tata Consumer Products Limited
- Tea of Life
- Teaxpress
- TenFu’s Tea
- The Coca-Cola Company
- The Daintree Tea Company
- The Hain Celestial Group, Inc.
- The Republic of Tea, Inc.
- Unilever PLC
- Vahdam Teas Private Limited
- Williamson Magor & Co. Limited
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 183 |
| Published | March 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 43.29 Billion |
| Forecasted Market Value ( USD | $ 63.95 Billion |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 44 |
