Tea is an aromatic beverage generally prepared by pouring boiling water over tea leaves or by boiling tea leaf/powder along with sugar and milk as per consumer’s preference. Tea ranks two with respect to beverage consumed. People usually consume tea on daily basis during breakfast and evening snacks. Moreover, huge employment opportunities created by the tea industry which includes tea plantation, tea processing units etc. and the growing demand of ... Read more
Global Tea market is expected to grow at the CAGR of 6%. Tea is an aromatic beverage generally prepared by pouring boiling water over cured leaves or by boiling tea leaf/powder with addition of sugar and milk by consumer’s choice tea is consumed on daily basis for breakfast and during evening snack time. Rising awareness towards health benefits associated with consumption of tea is supporting the market growth. Growing use of tea extract in personal ... Read more
Persistence Market Research (PMR) delivers key insights on the global tea market in its published outlook titled, “Tea Market: Global Industry Analysis and Forecast, 2016–2024”. In 2015, the global tea market was valued at US$ 13.85 Bn and is estimated to reach a value of US$ 14.45 Bn by the end of 2016, reflecting Y-o-Y growth rate of 4.0%. By 2024, the global tea market is expected to ... Read more
