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Global Tea Market 2020-2024 | Functional Benefits of Tea to Boost Growth | Technavio

February 10, 2020 GMT
Global Tea Market 2020-2024 | Functional Benefits of Tea to Boost Growth | Technavio
Global Tea Market 2020-2024 | Functional Benefits of Tea to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Feb 10, 2020--

Technavio has been monitoring the global tea market and it is poised to grow by USD 13.24 billion during 2020-2024, progressing at a CAGR of 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled global tea market 2020-2024 (Graphic: Business Wire)

Functional benefits of tea has been instrumental in driving the growth of the market. However, impact of overconsumption of tea might hamper market growth. Request a free sample report

Tea Market 2020-2024: Segmentation

Tea Market is segmented as below:

Product

Distribution channel

Geographic segmentation

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40978

Tea Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our tea market report covers the following areas:

This study identifies rapid rise in consumption of green tea as one of the prime drivers of the tea market growth during the forecast period.

Tea Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the tea market, including some of the vendors such as Arteasans Beverages LLC, Associated British Foods Plc, ITO EN Ltd., Nestlé SA, Numi Inc., Starbucks Corp., Tata Global Beverages, The Hain Celestial Group Inc., The Republic of Tea and Unilever Group. Backed with competitive intelligence and benchmarking, our research reports on the tea market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Tea Market 2020-2024: Key Highlights

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200210005483/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 02/10/2020 05:30 PM/DISC: 02/10/2020 05:30 PM

http://www.businesswire.com/news/home/20200210005483/en