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Fermented Tea Market

Fermented Tea Market Size, Share and Segmentation by Product (Kombucha, Pu-Erh), by Distribution Channel (Online, Offline Channel), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/F&B/1721 | June 2022 | Region: Global | 120 Pages

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.

Fermented Tea Market Revenue Graph

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.

Market Dynamics:

Driving Factors:

  • Rising cognizance among individuals for wellbeing.

  • General stores and neighborhood stores offer clients a wide scope of brands and flavors.

Restraining Factors/Challenges:

  • The fatty substance of aged tea.

Opportunities:

  • 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.

Market Estimations:

Product type:

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.

Distribution Channel:

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:

By Product:

  • Kombucha

  • Pu-Erh Tea

  • Other dark teas

By Distribution channel:

  • Online

  • Offline

Fermented Tea Market Segment Chart

Regional Analysis:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • 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.

Key Players:

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.

Fermented Tea Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 3.3 Billion
Market Size by 2028 US$ 9.55 Billion
CAGR CAGR 16.4% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

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

8.1 Kombucha

8.2 Pu-Erh Tea

8.3 Other dark teas

 

9.  Global Fermented Tea Market segmentation, by Distribution channel

9.1 Online

9. Offline

 

10. Global Fermented Tea Market, by region/ country

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11. Company profiles

11.1 Buddha Teas

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 Swot Analysis

11.1.4 The SNS View

11.2 KeVita

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

 

13. Conclusion

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Secondary Research

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