India Tea Market to Grow at 3.18% During 2024-2032, Spurred by Growing Health-Consciousness Among the Masses

July 15, 2021 | Food & Beverages

According to the latest report by IMARC Group, titled "India Tea Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032," the India tea market is expected to grow at a CAGR of 3.18% during 2024-2032. Tea is a widely popular aromatic beverage that is processed from the leaves of the Camellia Sinensis plant. It is prepared by pouring hot water over or boiling water with the cured, dried and crushed leaves of the plant. It is popularly cultivated in the hilly regions of Assam, Tripura, West Bengal, Tamil Nadu, Kerala, Arunachal Pradesh across India. It is commonly available in numerous variants, including black, white, herbal, green and oolong tea. It is considered to be a healthy beverage due to the presence of numerous potassium, manganese, magnesium, minerals and calcium. Apart from this, it is also a rich source of potent antioxidants, polyphenols and caffeine. Since India is one of the largest producers and consumers of tea on the global level, tea is widely available as an affordable beverage that is consumed by the masses on a daily basis.

India Tea Market Trends:

The market in India is majorly driven by considerable growth in the food and beverages sector. With the rapid expansion of café culture across the country and the inflating disposable income levels of the masses, premium and exotic tea drinks are gaining widespread prominence among the urban population, which is providing an impetus to the market growth. Apart from this, the growing health-consciousness among individuals regarding the numerous health benefits offered by the regular consumption of tea is also acting as a major growth-inducing factor. Since it aids in reducing the cholesterol levels in the blood and helps facilitate healthy weight management while reducing stress levels, this is providing a boost to the sales of tea across the country. Moreover, numerous key players are now utilizing multi-layered packaging to minimize the chances of spoilage and adulteration while ensuring that the freshness and aroma of the product remain intact, which is creating a positive outlook for the market. Some of the other factors contributing to the market growth include the widespread preference for herbal and green tea in India and easy product availability through online and offline organized retail channels.

Market Summary:

On the basis of the product type, the market has been divided into green tea, black tea, oolong tea, and others.
Based on the packaging, the market has been classified into plastic containers, loose tea, paper boards, aluminium tin, tea bags, and others.
On the basis of the distribution channel, the market has been categorized into supermarkets and hypermarkets, specialty stores, convenience stores, online stores, and others.
Based on the application, the market has been bifurcated into residential and commercial segments.
On the geographical front, the market has been segregated into North India, West and Central India, South India, and East India.
The competitive landscape of the market has been examined in the report with the detailed profiles of the key players. Some of these players include Duncans Industries Ltd., Hindustan Unilever Limited, Organic India Private Limited, Pataka Group, Society Tea, Tata Consumer Products Limited and Wagh Bakri Tea Group.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Product Type, Packaging, Distribution Channel, Application, Region
Region Covered	North India, West and Central India, South India, East India
Companies Covered	Duncans Industries Ltd., Hindustan Unilever Limited, Organic India Private Limited, Pataka Group, Society Tea, Tata Consumer Products Limited and Wagh Bakri Tea Group
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

India Tea Market to Grow at 3.18% During 2024-2032, Spurred by Growing Health-Consciousness Among the Masses

Purchase options

Single User License $2699
Five User License $3699
Corporate User License $4699

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.