The tea market industry worth was valued at USD 13.24 bn in 2020-2024. The market is expected to witness robust growth at a CAGR of 5 % during the forecast period 2020-2024. The market worth has been built and validated using multiple demand-side and supply-side approaches for a detailed understanding of the tea market.
The industry worth of the global tea market has been derived by triangulating data from multiple sources and approaches. While arriving at the industry worth, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as Associated British Foods, Hain Celestial, ITO EN, Tata Global Beverages, Unilever, Barry’s Tea, Bettys & Taylors Group, Bigelow Tea, Dilmah Ceylon Tea, Nestlé, Starbucks, and The Republic of Tea.
