Organic Tea Market is Expected to Reach at a CAGR over 4.5% during the Forecast 2023

(MENAFNEditorial) Market Research Future published a half cooked research report on Global Organic Tea Market which is estimated to grow more than 4.5% during the period 2017-2023

Global Organic Tea Market Information- By Type (Green Tea, Black Tea, Oolong Tea, Others), By Form (Loose Leaf, Powder, Tea Bags, Others), By Formulation (Flavored, Unflavored) By Distribution Channel (Hypermarkets and Supermarkets, Convenience stores, Specialty stores, E-commerce, Others) and By Region Forecast to 2023

Organic Tea is the tea type that is cultivated without the use of any fertilizers, pesticides and herbicides. Organic tea cultivation is beneficial for human consumption as well as for the ecosystem. The innovations due to technology advancements has resulted in adoption of organic tea cultivation techniques and has attracted many consumers on a global level. The consumption of non-organic tea leads to the ingestion of harmful chemicals into the body. Non-organic tea has several health benefits as it is consumed in the natural form. Organic tea is rich in anti-oxidants which tends to prevent the body from risks of several diseases and hence has become popular amongst the consumers globally.

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The health benefits of organic tea as well as its medicinal application is considered as a major driver for organic tea market. The rich taste of organic tea has made it popular globally which also tends to have a positive impact on its market growth. The chemical-free form of organic tea make its consumption more popular amongst the health conscious consumers. Adoption of healthy lifestyle and high demand for refreshing hot- beverages has supported the positive growth of organic tea.

On the basis of type, black organic tea is found to hold a major share and is calculated to increase at high rate globally based on its increasing consumption due to rich taste and high anti-oxidant level. However, green organic tea is gaining popularity due to its property of reducing excess fat from the body which is also supporting the increased demand of the product from consumer's side. Unflavored organic tea is found to hold a major share on a global level as they are further used for processing. Amongst the distribution channels for the sale of organic tea, Hypermarkets and Supermarkets share is evaluated to be high based on the consumer's purchase convenience.

Competitive analysis-

The major key players in Organic Tea market are

Key Findings:

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The global organic tea market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Asia Pacific holds a major market share followed by Europe. The high demands for Organic Tea from the developed countries of these regions is contributing to the positive growth of organic tea market. Russia, U.S., U.K., Iran and Egypt are the major importers of Organic Tea. Asia-Pacific is found to be the major exporter of Organic Tea and exports majorly to countries of Europe and North America.

Segments

Organic Tea has been segmented on the basis of Type which comprises Green Tea, Black Tea, Oolong Tea, Others. Black Organic Tea is found to hold a major share due to its increasing health concerns among the consumers.

Organic Tea has been segmented on the Basis of form which comprises Loose Leaf, Powder, Tea Bags, Others. Loose leaf organic tea is found to hold a major share due to less moisture content resulting in high shelf-life.

Organic Tea has been segmented on the Basis of formulation which comprises Flavored and Unflavored. Unflavored organic tea is found to hold a major share.

Organic Tea has been segmented on the basis of Distribution Channel which comprises Hypermarkets and Supermarkets, Convenience stores, Specialty stores, E-commerce, Others. Sale through Hypermarkets and Supermarkets is found to be high.

Regional Analysis

The Global Organic Tea Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Asia Pacific region has the major market share followed by Europe. Changing life-style has led to adoption of healthy consumption pattern due to which Asia-Pacific is projected to generate a high revenue during the given forecast period. The Major importers of organic tea include Russia, U.S., U.K., Iran and Egypt. Based on the higher demand for healthy beverages, the import and export of organic tea in the developed countries is found to rise at a steady growth rate.

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The Global Organic Tea Market is segmented under the following regions mentioned below:

North America

Europe

Asia-Pacific

Rest of the world

The report forGlobalOrganic Tea Marketof Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

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