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Asia Pacific is the largest herbal tea market and expected to witness substantial growth over the forecast period. This attributed to high consumption of tea in countries such as China, India, and Japan
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Herbal Tea Market- Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2017- 2025 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Herbal Tea Market Overview Herbal tea is derived from dried leaves, nuts, barks, seeds, grasses, fruits, flowers, and roots of various plants. There are several kind of tisanes or herbal teas that are used for medicinal purposes. Herbal tea is consumed owing to its health benefits such as improved digestive and immune systems. Some of the popular herbal teas are green tea, peppermint tea, chamomile tea, ginseng tea, ginger tea, cinnamon tea, and others. Increasing awareness related to health benefits of consumption of herbal tea includes slowing aging process and reducing obesity. This is because herbal tea is claimed to have anti-aging properties and ingredients that aid in reducing weight. These are some of the key factors driving growth of the global herbal tea market. Increasing prevalence of obesity is another factor expected to propel demand for green tea. For instance, according to World Health Organization (WHO), 2016, 39% of the adults above 18 years of age were overweight and 13% were obese globally. Rising trend of consumption of ready-to-drink tea (RTD) is further fuelling growth of the herbal tea market. Therefore, manufacturers are focusing on offering RTD herbal tea, in order to expand their customer base. For instance, in January 2018, Teavana Holdings, Inc. launched unsweetened strawberry apple green craft iced tea, which is a green tea with lemongrass and fruit flavor. However, easy availability of substitute products such as coffee is expected to hinder growth of the herbal tea market. © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Herbal Tea Market Taxonomy Based on product type, herbal tea market is segmented into: Green Tea Yellow Tea Based on flavor, herbal tea market is segmented into: Ginger Lemongrass Peppermint Chamomile Ginseng Cinnamon Others Request sample Copy of this Report: © Coherent market Insights. All Rights Reserved https://www.coherentmarketinsights.com/insight/request-sample/1324
REPORT DESCRIPTION Herbal Tea Market Outlook Asia Pacific is the largest herbal tea market and expected to witness substantial growth over the forecast period. This attributed to high consumption of tea in countries such as China, India, and Japan. Moreover, increasing awareness of health benefits of consumption of herbal tea such as regulation of blood sugar and growing tea industry are factors expected to propel growth of the herbal tea market in Asia Pacific. For instance, according to Tea Board of India, production of green tea in India was 1.19 billion kg in 2014–2015 which increased by 3% to 1.23 billion kg in 2015–2016. Furthermore, increasing production of green tea is aiding in growth of herbal tea market. For instance, according to Tea Board of India, production of green tea in India was 14.89 million kg in 2014–2015 which increased to 19.19 million kg in 2015–2016. North America was the second largest region in the global market in 2016, owing to rising awareness among consumers to improve their health and wellness. According to the Tea Association of the U.S., in 2017, the people in the country consumed over 84 billion servings of tea, out of which 13% was green tea. To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/1324 © Coherent market Insights. All Rights Reserved
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