Tea market size Worldwide Prospects, Share, Crucial Players, Size & Forecast – 2027
As per the reports by MRFR, the global tea market is projected to acquire a market size of over USD 28 Bn by 2027 while recording a healthy CAGR of over 4.60% during the assessment era. Tea refers to an aromatic beverage made from the Camellia Sinensis plant. It is considered one of the most consumed drinks across the globe. Green Tea and Dark Tea are the most popular Tea, while home-grown Tea is gaining importance. The global tea market has recorded massive growth in recent years, owing mainly to the rise in the expendable wages of shoppers. Furthermore, solid customer acknowledgment is likely to catalyze the growth of the tea market over the review timeframe. Segment Analysis The tea market has been fragmented into several segments based on application, distribution channel, packaging, type, and region. Based on type, the global tea market is split into Oolong, herbal or fruit, black, green, and others. By packaging, the tea market is split into plastic containers, tea ba