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Europe Tea Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
Europe Tea Market is segmented by Form (Leaf Tea and CTC Tea), by Type (Black Tea, Green Tea, Herbal Tea, and Others), by Distribution Channel (Hypermarket/Supermarket, Specialist Retailers, Convenience Stores, Online Retailers, and Others) and Geography
- ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the Report
- Key Market Trends
- Competitive Landscape
- Major Players
- TABLE OF CONTENTS
Market Snapshot
Study Period:
2016 - 2026
Base Year:
2020
CAGR:
3.1 %
Fastest Growing Segment:
Green Tea
Largest Segment:
Hypermarket/Supermarket
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Market Overview
Europe Tea market is projected to register a CAGR of 3.1% during the forecast period (2020 - 2025).
- Health benefits associated with consuming tea and increase in awareness related to carbonated drinks among people are some of the major factors increasing the demand for tea in the region.
- The flavonoids, antioxidants, and phytochemicals present in tea are known to help in improving various functions of the human body. The rising knowledge about the benefits of drinking tea for patients suffering from combat arthritis, cardiovascular diseases, and high blood pressure is likely to pave the way for the market’s growth in the coming years.
Scope of the Report
Europe Tea Market is segmented into form, type, distribution channel, and geography. The market by form is segmented into leaf tea and CTC tea, by type it is segmented into black tea, green tea, herbal tea, and others. The market by distribution channel is segmented into hypermarket/supermarket, specialist retailers, convenience stores, online retailers, and others, and geography. By geography, the market has been segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
| By Form | |
| Leaf tea | |
| CTC tea |
| By Type | |
| Black Tea | |
| Green Tea | |
| Herbal Tea | |
| Others |
| Distribution Channel | |
| Supermarket/Hypermarket | |
| Convenience Store | |
| Specialty Stores | |
| Online Retailers | |
| Others |
| Geography | |||||||||
|
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Key Market Trends
United Kingdom Formed the Largest Tea Market in Europe
The demand for green tea and herbal tea in the country is growing at a faster rate, due to aggressive marketing and campaigns showcasing health benefits of the tea. Consumption of tea improves the blood flow in the body, by broadening the key arteries and reducing the risk of clots, thereby reducing the risk of heart attacks. It has a high capacity to absorb oxygen radicals in the human body, which further help to destroy the free radicals that are harmful. Such health benefits associated with the consumption of tea is one of the major factor driving the demand for tea in the country. Moreover, the popularity of tea is continuously increasing in food services sectors also.
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Herbal Tea Segment Is Expected To Record Significant Growth Rate
The changing lifestyles of people are gradually amplifying the importance of herbal tea, and a large part of the population now prefers herbal tea over caffeinated forms of tea. High nutritive content and fat-burning properties in green tea play a significant role in driving the growth of the tea market. Vendors are also introducing natural and infused flavors of tea, that are targeted toward health-conscious consumers. For instance: Lipton Herbal Tea is mostly used for the treatment of liver problems by supporting it in the release of toxins from the body.
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Competitive Landscape
Majority of the share is held by the leading players, including Unilever and Associated British Foods. The major companies in the market follow expansion as the major strategy for improving regional and global footprints. The companies are aiming at increasing its production capacities, in order to cater to the ever-increasing demand tea in the global market. Key players have intensely embarked on industry consolidation by leveraging their distribution network, entering into partnerships with local distributors, especially in the emerging economies.
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Table Of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porters Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Form
5.1.1 Leaf tea
5.1.2 CTC tea
5.2 By Type
5.2.1 Black Tea
5.2.2 Green Tea
5.2.3 Herbal Tea
5.2.4 Others
5.3 Distribution Channel
5.3.1 Supermarket/Hypermarket
5.3.2 Convenience Store
5.3.3 Specialty Stores
5.3.4 Online Retailers
5.3.5 Others
5.4 Geography
5.4.1 Europe
5.4.1.1 Germany
5.4.1.2 United Kingdom
5.4.1.3 France
5.4.1.4 Russia
5.4.1.5 Italy
5.4.1.6 Spain
5.4.1.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Unilever
6.4.2 Associated British Foods PLC
6.4.3 Dilmah Ceylon Tea Company PLC
6.4.4 Bettys & Taylors of Harrogate Limited
6.4.5 Nestle
6.4.6 Typhoo Tea Limited
6.4.7 Kusmi Tea
6.4.8 Clipper Teas
6.4.9 Cafedirect PLC
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
*List Not Exhaustive
** Subject to Availability
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