Asia-Pacific tea bag market was valued at around $2.5 billion in 2018, which is further estimated to reach around $4 billion in 2025 at a CAGR of 6.6% during the forecast period. Asia-Pacific is the largest producer and consumer of tea all across the globe. Due to this, the region has the largest market share during the forecast period. Major countries contributing to the market include China, India, Indonesia, Sri Lanka, and Vietnam. These countries are major tea producers.
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/asia-pacific-tea-bag-market
China and India are also major consumers of tea hence consume 70-80% of the total tea produced domestically, whereas countries such as Indonesia, Sri Lanka, and Vietnam are the major exporter of tea. The market is fragmented as thousands of companies work in tea processing and exports however some global players such as Tata Group, Unilever Ltd., and Nestlé S.A. are significantly working in the region.
There are various health benefits of tea such as; tea contain antioxidants and tea can reduce the risk of heart attack and stroke. Additionally, tea lower cholesterol levels by 32%. Further, green tea contains substances called polyphenols that contribute to its activity against cancer. The Asia-Pacific tea bag market is segmented on the basis of type into green tea, black tea, oolong tea, and herbal tea.
Tea and tea-based drinks are considered to be the most convenient hot drinks. Due to its easy availability and accessibility in all food retail formats, tea bags are one of the most popular formats of flavored tea and tea-based beverages in recent years. In recent years, the increasing demand for on-the-go health drinks has boosted the market prospects of the Asia-Pacific market for tea and tea-based drinks. There are several companies offering tea bags; some major players of this market include Tata Global Beverages, R.Twining and Co., Ltd., The Republic of Tea, Inc., Nestle, Starbucks Corp., Unilever Group, and Associated British Foods PLC.
A full report of Asia-Pacific Tea Bag Market available @ https://www.omrglobal.com/industry-reports/asia-pacific-tea-bag-market
Asia-Pacific Tea Bag Market Segmentation
By Type
- Green Tea
- Black Tea
- Oolong Tea
- Herbal Tea
Regional Analysis
- China
- India
- Japan
- Rest of Asia-Pacific
Company Profiles
- Alkaloid AD Skopje
- AMORE Pacific Corp.
- Arbor Tea (New World Tea, LLC)
- Associated British Foods PLC
- Barry's Tea
- Bettys & Taylors Group Ltd.
- Celestial Seasonings, Inc.
- Tata Global Beverages
- McLeod Russel India, Ltd
- Nestlé S.A.
- Numi Inc.
- Organic India Pvt. Ltd.
- Twining and Co., Ltd.
- Starbucks Corp.
- Unilever Group
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research