Fermented Tea Market Size was esteemed at USD 3.84 billion out of 2022 and is supposed to arrive at USD 12.94 billion by 2030, and develop at a CAGR of 16.4% over the forecast period 2023-2030.
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.
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.
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.
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.
By Product:
Kombucha
Pu-Erh Tea
Other dark teas
By Distribution channel:
Online
Offline
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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.
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.
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 3.84 Billion |
| Market Size by 2030 | US$ 12.94 Billion |
| CAGR | CAGR 16.4% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| 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. |
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 Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
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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