Market Overview:
United States tea market size is projected to exhibit a growth rate (CAGR) of 3.30% during 2024-2032. The inflating need for ready to drink (RTD) beverages, along with the introduction of flavors, such as orange, cranberry, mint, lemon, and pomegranate, is primarily augmenting the market growth.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
3.30% |
Tea is a beverage crafted from the leaves of the Camellia sinensis plant, presenting a variety of types distinguished by their distinct flavors, aromas, and colors. These encompass black, green, oolong, white, and herbal teas. Abundant in antioxidants, tea serves as a safeguard against damage caused by free radicals in the body. The aromatic infusion is created by steeping fresh or cured tea leaves in boiling or hot water. Additionally, tea contains caffeine and beneficial compounds like theanine, contributing to heightened mental alertness and stress reduction. Beyond its sensory pleasures, tea plays a role in enhancing heart health, mitigating the risk of specific cancers, and supporting weight management efforts. The versatility and health-promoting attributes of tea underscore its status as a widely consumed and appreciated beverage.
United States Tea Market Trends:
The United States tea market stands as a vibrant and diverse sector within the beverage industry, reflecting the nation's appreciation for this ancient and versatile drink. With an array of varieties, including black, green, oolong, white, and herbal teas, the market caters to a broad spectrum of consumer preferences. Fueled by the growing awareness of health benefits associated with tea consumption, the U.S. market has experienced a surge in demand. The ritualistic preparation of tea, whether through the steeping of fresh leaves or the enjoyment of ready-made blends, has become ingrained in American culture. Besides this, the U.S. tea market reflects the diverse lifestyles and tastes of consumers, with a wide range of offerings, including traditional and innovative blends. Moreover, the presence of beneficial compounds like caffeine and theanine contributes to the sensory experience. As health-conscious trends continue to shape consumer choices, tea's positive associations with heart health, cancer risk reduction, and weight management further bolster its popularity. As such, the United States tea market will remain a dynamic and integral component of the overall beverage landscape over the forecasted period.
United States Tea Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, packaging, distribution channel, and application.
Product Type Insights:
- Green Tea
- Black Tea
- Oolong Tea
- Others
The report has provided a detailed breakup and analysis of the market based on the product type. This includes green tea, black tea, oolong tea, and others.
Packaging Insights:
- Plastic Containers
- Loose Tea
- Paper Boards
- Aluminium Tin
- Tea Bags
- Others
A detailed breakup and analysis of the market based on the packaging have also been provided in the report. This includes plastic containers, loose tea, paper boards, aluminium tin, tea bags, and others.
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online
- Others
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes supermarkets and hypermarkets, specialty stores, convenience stores, online, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes residential and commercial.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United States Tea Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Product Type
- Packaging
- Distribution Channel
- Application
- Region
|
Product Types Covered |
Green Tea, Black Tea, Oolong Tea, Others |
Packagings Covered |
Plastic Containers, Loose Tea, Paper Boards, Aluminium Tin, Tea Bags, Others |
Distribution Channels Covered |
Supermarkets and Hypermarkets, Specialty Stores, Convenience Stores, Online, Others |
Applications Covered |
Residential, Commercial |
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
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) |
Key Questions Answered in This Report:
- How has the United States tea market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States tea market?
- What is the breakup of the United States tea market on the basis of product type?
- What is the breakup of the United States tea market on the basis of packaging?
- What is the breakup of the United States tea market on the basis of distribution channel?
- What is the breakup of the United States tea market on the basis of application?
- What are the various stages in the value chain of the United States tea market?
- What are the key driving factors and challenges in the United States tea?
- What is the structure of the United States Tea market and who are the key players?
- What is the degree of competition in the United States tea market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States tea market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States tea market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States tea industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.