Tea is a distinctly British beverage, and according to The Grocer, approximately 50 billion cups of tea are consumed per year in the UK. Britons are among the world's biggest tea consumers, with the third highest per-capita consumption, choosing from over 1,200 varieties, according to data from World Bank. Most of the tea consumed in the UK is black tea, made primarily from a blend of East African and South Asian tea leaves. Since very little tea is grown in the UK, the industry is highly dependent on global supplies, which are affected by the weather, currency fluctuations and political conditions.Weak tea: Falling tea prices are expected to weigh on revenue in 2022-23
Establishments in this industry process and blend tea. They also manufacture extracts and preparations based on tea, in addition to packing tea in teabags and producing infused teas. Iced tea is not included in the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
OPERATING CONDITIONS
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Tata Consumer Products GB Ltd
- Bettys & Taylors of Harrogate Ltd
- R.Twining and Company Ltd
- Lipton Manufacturing UK Ltd