Report Scope & Overview:
Fermented Tea Market Size was esteemed at USD 3.3 billion out of 2021 and is supposed to arrive at USD 9.55 billion by 2028, and develop at a CAGR of 16.4% over the forecast period 2022-2028.
Interest in aged tea is extending owing to its properties like the high substance of foes of oxidants. Publicists calming influences, for instance, higher cell fortifications content in a single cup of fermented tea and subsequently extending purchaser understanding towards post-fermented tea. The growing number of people focusing intensely on practices that do exclude genuine exercises like; gazing at the TV, working on a PC, etc has incited a shift towards the usage of value food and further pushed the interest as a prerequisite for a sound choice as a strain reliever. Here the aged tea has been moving, and clients' propensity towards supportive prosperity things to organize with the lifestyle has upgraded the improvement of the fermented tea market.
Aged tea is many times called dim tea which is unique to dark tea. The most common way of making this sort of tea includes an optional fermentation process. The fermented tea or the dull tea leaves goes through maturing within the sight of microorganisms which changes its smell, taste, and appearance. The interaction can require months and even a very long time to characterize a particular class of post fermented tea. Various assortments of tea are well known in the district of creation, China delivers the most famous of them, for example, Pu-erh cha, Fu Zhuan cha, and Liu A cha. Other delivery districts incorporate Japan, Myanmar, Thailand, and southern Yunnan. Because of its perplexing creation process, the market for post-aged teas is exceptionally esteemed and can get excessive costs relying upon the assortment of fermented tea.
Buddha Teas is adding two new teas - Cranberry Comfort Blend and Echinacea Tea - to its developing assortment of the north of 100 premium stowed mixes and single leaf teas. Ideal for summer, the new mixes address the developing customer interest for teas that balance extraordinary taste and medical advantages.
Rising cognizance among individuals for wellbeing.
General stores and neighborhood stores offer clients a wide scope of brands and flavors.
The fatty substance of aged tea.
Expanding notoriety of tea culture among ladies.
The rising utilization of teas as dinner backup.
Impact of Covid-19:
The COVID-19 pandemic prompted serious mischief to individuals and the economy across the world. With the rise of the pandemic, numerous organizations, including little estimated, medium-sized, and huge measured organizations, were fundamentally wrecked. Also, the lockdown that was forced to direct the dissemination of the pandemic caused a modern closure. Because of the modern conclusion, producing units of different products were briefly shut down. Additionally, the creation of fermented tea was likewise diminished because of the lockdown. Additionally, the stockpile of fermented tea was somewhat diminished because of the conclusion of different conveyance channels, for example, odds and ends shops and stores. Nonetheless, the interest in utilitarian products, including aged tea, was impressively expanded as individuals were more disposed toward consuming sound merchandise during the pandemic.
In light of the Product, the market is sectioned into Kombucha, Pu-Erh Tea, and Other Dark Teas. The fermented tea is created for certain particular types of microbes, sugar, and yeast, blended into dark or green tea. Likewise, a lot of microscopic organisms winning in the blend make this item better. Besides, it includes different types of lactic corrosive microbes, involving probiotic properties.
In light of Distribution channels, the market is divided into Offline and Online. The expansion in the usage of online dissemination, channels is a consequence of the moving inclination of buyers toward web-based shopping because of comfort. Fermented teas are generally accessible on various web-based shopping stages or internet business destinations. Besides, buyers are presented with an expansive scope of fermented tea from different merchants through internet shopping stages.
Key Market Segmentation:
Other dark teas
By Distribution channel:
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
In light of regions, the market is sectioned into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2020, Europe recorded a huge income portion of the fermented tea market. Europe is a district with high discretionary cash flow, which permits customers to spend more on improving their way of life. Because of this element, individuals are spending more on quality food and drink items. Besides, the rising millennial populace across this locale is another variable that is driving the interest for aged tea around here.
Buddha Teas, KeVita, Live Soda LLC, Humm Kombucha, GT’s Living Foods, Mandala Tea, Menghai Tea Factory, Born Teas, Hunan Provincial Baishaxi Tea Industry Co., Ltd.
|Market Size in 2021||US$ 3.3 Billion|
|Market Size by 2028||US$ 9.55 Billion|
|CAGR||CAGR 16.4% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Product (Kombucha, Pu-Erh)
• by Distribution Channel (Online, Offline Channel)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Buddha Teas, KeVita, Live Soda LLC, Humm Kombucha, GT’s Living Foods, Mandala Tea, Menghai Tea Factory, Born Teas, Hunan Provincial Baishaxi Tea Industry Co., Ltd.|
|Key Drivers||•Rising cognizance among individuals for wellbeing.
•General stores and neighborhood stores offer clients a wide scope of brands and flavors.
|Market Opportunities||•Expanding notoriety of tea culture among ladies.
•The rising utilization of teas as dinner backup.
Frequently Asked Questions (FAQ) :
Ans: Product Type and Distribution Channel segments are covered in the Fermented Tea Market.
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: Europe has the biggest offer in the Fermented Tea market.
Ans: The fatty substance of aged tea is the restraining factor and challenge faced by the Fermented Tea market.
Ans: The Global Fermented Tea Market Size is supposed to arrive at USD 9.55 billion by 2028, and develop at a CAGR of 16.4% over the forecast period 2022-2028.
Table of Contents:
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 Covid 19 Impact Analysis
4.2 Impact of the Ukraine and Russia war
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Fermented Tea Market segmentation, by Product
8.2 Pu-Erh Tea
8.3 Other dark teas
9. Global Fermented Tea Market segmentation, by Distribution channel
10. Global Fermented Tea Market, by region/ country
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11. Company profiles
11.1 Buddha Teas
11.1.2 Products/ Services Offered
11.1.3 Swot Analysis
11.1.4 The SNS View
11.3 Live Soda LLC
11.4 Humm Kombucha
11.5 GT’s Living Foods
11.6 Mandala Tea
11.7 Menghai Tea Factory
11.8 Born Teas
11.9 Hunan Provincial Baishaxi Tea Industry Co., Ltd.
12. Competitive Landscape
12.1 Competitive Bench Marking
12.2 Market Share Analysis
12.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.