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Herbal Tea Production in the US - Industry Market Research Report

  • ID: 2052814
  • Report
  • February 2020
  • Region: United States
  • 34 pages
  • IBISWorld
New brew: Positive consumer trends and trade conditions will bring the industry out of decline

Herbal Tea Production

The Herbal Tea Production industry has contracted over the five years to 2018. Despite positive consumer trends, including a rise in health-consciousness, the industry faltered at the start of the five-year period due to declines in general tea consumption. Nonetheless, rising awareness surrounding the health benefits of herbal tea and the prospering economy have bolstered demand for the industry in the latter half of the period. The industry is expected to grow over the next five years as continuing health trends and the aging population boost domestic demand. The expected depreciation of the US dollar will increase the relative cost of imported teas, encouraging retailers to purchase domestically produced tea, slowing the incursion of imports.

Companies in this industry blend and package plant infusions made from any leaf, root, fruit or flower that comes from a plant other than the tea plant. The industry does not include iced and ready-to-drink herbal teas.

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.

Note: Product cover images may vary from those shown
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
  • Hain Celestial Group
  • Unilever NV
  • Bigelow Tea Company
Note: Product cover images may vary from those shown

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