Demand forecast for indian tea
Tea market in india 2018
World production of black tea is projected to rise annually by 2. These have been further sub-segmented into countries and regions with relevance to the market. Request Report Methodology Global Tea Market: Snapshot Tea is one of the most famous and frequently consumed and most preferred beverages globally. Over the next decade, Western countries in general are expected to see lower consumption growth. Global tea consumption and production will keep rising over the next decade, driven by robust demand in developing and emerging countries, notably China and India, according to a new report by the United Nations Food and Agriculture Organisation Intergovernmental Group. The global tea Market has been segmented into: By Product. Health benefits of the specialty tea is higher, thus the segment is witnessing the significant growth despite of its higher cost. Global Tea Market: Overview This report covers the analysis and forecast of the tea market on a global, regional and country level. The report provides the size of the tea market in and the forecast for the next twenty years up to Individual pricing of tea for each application has been taken into account while estimating and forecasting market value on a global basis.
Application segments have been analyzed based on current trends and future potential. In parallel, there is a growing recognition of the need to contribute to climate change mitigation, by reducing carbon emissions from tea production and processing.
Of these, the segment of mass tea is expected to dominate the global market for tea. The global tea market has been analyzed based on expected demand. Over the next decade, Western countries in general are expected to see lower consumption growth.
This growth is attributable to the preference for tea among the general population and being the most common and popular hot beverage especially in developing economies such as India, China, Singapore, Hong Kong, Japan, Thailand, and Australia.
Nevertheless, the launch of the new flavors and increasing target based advertisement by key players are influencing positively on the growth of the global tea market.
Similar with the name of segment — mass tea — it is consumed generally by mass as it is cost-effectiveness.
based on 45 review