Market Trends of Asia-Pacific Organic Tea Industry
This section covers the major market trends shaping the APAC Organic Tea Market according to our research experts:
Green Tea to Foster Market Growth
Asia-Pacific has been witnessing a significant surge in demand for green tea, owing to its perceived health benefits. Further, driven by the consumer demand to have authentic and a purer version of tea with minimal chemical exposure during production, is boosting the demand for organic green tea in the region. Moreover, countries like China, Japan and India having strong foothold in the production of green tea, in the global market, remained the most lucrative market for organic green tea. There are many tea brands mushrooming with organic tea offering. For instance, Typhoo, the British packaged tea brand now owned the by Indian company Apeejay Surrendra group, is seeking its fortune in a set of non-tea infusions, including organic herbal tea mixes.
Online Retailers Emerged as the Fastest Growing Channel
Online retailing of organic tea products is the current profound channel for tea manufacturers, when it comes to distribution and marketing. The companies are inclining toward online stores to get better access to consumers having lack of physical outlets in remote areas. Moreover, many new startups and entrepreneurs are rather choosing this point of sale to launch their products, due to the less capital investment required and high consumer base covered. Nonetheless, with the premiumization penetrating in the industry, companies such as Bagan are majorly opting online retailing as desired channel to market their products.
