Instant Tea Premix Consumption Market Size is projected to reach USD 2.56 Billion by 2030, growing at a CAGR of 6.6%: Straits Research
The market size of Instant Tea Premix Consumption was valued at USD 1.44 billion in 2021. It is expected to reach USD 2.56 billion by 2030, growing at a CAGR of 6.6% during the forecast period (2022–2030). Europe is expected to grow at a CAGR of 6.6%, generating USD 775.35 million during the forecast period.
New York, United States, March 15, 2023 (GLOBE NEWSWIRE) -- Instant tea premix is a quick-brewing alternative to regular tea. This tea is highly favored in offices due to its ease of handling and preparation and its role in controlling blood sugar levels. Instant tea premixes are easy-to-make drinks made from powder, milk, or water that boost metabolism and keep you hydrated for a long time.
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*Increasing Focus on Calorie Reduction by Various Companies** Drives the Global Market*
Businesses are putting a lot of effort into reducing calories and developing wholesome, low-calorie premixes with added vitamins and proteins to quicken metabolism. For instance, Starbucks Corp., one of the major players in the beverage industry, offers a variety of VIA instant ready brew drinks, including instant very berry hibiscus and vanilla latte, both of which have only 50 calories in them. As a result, businesses' increased emphasis on producing low-calorie beverages helps to expand the market.
*Introduction of Fresh Flavors Creates Tremendous Opportunities*
The introduction of organic and herbal products has drawn a sizable consumer base, which is expected to spur market expansion. Examples include instant tulsi tea, mint tea, hibiscus tea, turmeric herbal tea, and tea made with other plants. These have a delicious flavor and excellent quality, which appeal to tea drinkers. To increase sales, companies are introducing new flavors of instant tea due to the rise in tea lovers eager to try new varieties, which is expected to create opportunities for market growth over the forecast period.
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*Report Scope*
*Report Metric* *Details*
*Market Size* USD 2.56 billion by 2030
*CAGR* 6.6% (2022-2030)
*Historical Data* 2019-2020
*Base Year* 2021
*Forecast Period* 2022-2030
*Forecast Units* Value (USD Billion)
*Report Coverage* Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
*Segments Covered* Foam, Product Type, Distribution Channels
*Geographies Covered* North America, Europe, Asia-Pacific, LAME, and Rest of the World
*Key Companies Profiled/Vendors* Ito En Ltd., The Republic of Tea Inc., The Coca-Cola Company, Tata Global Beverages, Keurig Green Mountain Inc., Dunkin Brands Group Inc, Pepsico Inc., Unilever, Wagh Bakri Tea Group, Nestle S.A.
*Key Market Opportunities* Untouched Emerging Markets
*Key Market Drivers* Increasing Focus on Calorie Reduction by Various Companies
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*Regional Analysis*
North America is the most significant shareholder in the global instant tea premix consumption market and is expected to grow at a *CAGR of 6.5%* during the forecast period. The region is anticipated to grow the fastest due to the high prevalence of instant tea consumption, the variety of teas offered, and the number of customers. Additionally, the medicinal and health benefits of the region's herbs draw customers. In North America, tea has long been the most popular beverage. The largest market for instant tea premixes and one of the largest tea importers in the world are both in the United States. Customers in this region are more interested in health-conscious products like functional food and beverages due to changing lifestyles. Instead of alcoholic beverages, consumers are more concerned with a sustainable food supply and healthier alternatives. The increased consumption of tea products has increased the demand for instant tea premixes.
Europe is expected to grow at a *CAGR of 6.6%,* generating USD 775.35 million during the forecast period. People in Europe are turning to organic products as consumer preferences for a pesticide-free diet have grown, which supports market growth. Europe has historically been one of the top tea-consuming regions in the world. Turkey, Ireland, and the UK are the top three countries for tea consumption, making tea the most popular beverage in Europe. Market expansion is significantly aided by rising consumer demand for healthier food and beverage options. Black tea is the most popular type in European countries. In addition, green tea and herbal teas are gaining popularity in the European market due to their alleged health benefits.
*Key Highlights*
· The global instant tea premix consumption market size is expected to reach USD 2.56 billion by 2030, growing at a *CAGR of 6.6%* during the forecast period (2022–2030).
· *Based on foam*, the global instant tea premix consumption market is bifurcated into powder, paste, and granules. The power segment is the highest contributor to the market and is expected to grow at a *CAGR of 6.5%* during the forecast period.
· *Based on product type*, the global instant tea premix consumption market is bifurcated into cardamom tea premix, ginger tea premix, masala tea premix, lemon tea premix, and lemon grass tea premix. The cardamom tea premix segment owns the highest market share and is expected to grow at a *CAGR of 6.6%* during the forecast period.
· *Based on the distribution channel*, the global instant tea premix consumption market is bifurcated into supermarkets/Hypermarkets, specialty stores, discount stores, convenience stores, and e-commerce. The supermarkets/hypermarkets segment is the highest contributor to the market and is expected to grow at a *CAGR of 6.4%* during the forecast period.
· North America is the most significant shareholder in the global instant tea premix consumption market and is expected to grow at a *CAGR of 6.5%* during the forecast period.
*Competitive Players*
1. Ito En Ltd.
2. The Republic of Tea Inc.
3. The Coca-Cola Company
4. Tata Global Beverages
5. Keurig Green Mountain Inc.
6. Dunkin Brands Group Inc
7. Pepsico Inc.
8. Unilever
9. Wagh Bakri Tea Group
10. Nestle S.A.
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*Global Instant Tea Premix Consumption Market: Segmentation*
*By Foam*
· Powder
· Paste
· Granules
*By Product Type*
· Cardamom Tea Premix
· Ginger Tea Premix
· Masala Tea Premix
· Lemon Tea Premix
· Lemon Grass Tea Premix
*By Distribution Channels*
· Supermarket/Hypermarket
· Specialty Stores
· Discount Stores
· Convenience Stores
· E-Commerce
*By Regions*
· North America
· Europe
· Asia-Pacific
· LAMEA
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*TABLE OF CONTENT*
1. *EXECUTIVE SUMMARY*
2. *RESEARCH SCOPE & SEGMENTATION*
1. Research Objectives
2. Market Definition
3. Limitations & Assumptions
4. Market Scope & Segmentation
5. Currency & Pricing Considered
3. *MARKET OPPORTUNITY ASSESSMENT*
1. Emerging Regions / Countries
2. Emerging Companies
3. Emerging Applications / End Use
4. Investment Landscape
5. New Business Models / Revenue Streams
6. TAM
4. *MARKET TRENDS*
1. Drivers
2. Market Warning Factors
3. Latest Macro Economic Indicators
4. Geopolitical Impact
5. Human Factors
6. Technology Factors
5. *MARKET ASSESSMENT*
1. Porters Five Forces Analysis
2. Value Chain Analysis
3. Raw Material Analysis
4. Sales And Distribution Channel Analysis
5. Trade Analysis
6. M & A Agreements & Collabration Analysis
7. Export Import Analysis
8. Cost Structure Analysis
6. *ESG TRENDS*
7. *GLOBAL INSTANT TEA PREMIX CONSUMPTION MARKET SIZE ANALYSIS*
1. Global Instant Tea Premix Consumption Market Introduction
2. By Foam
1. Introduction
1. Foam By Value
2. Powder
1. By Value
3. Paste
1. By Value
4. Granules
1. By Value
3. By Product Type
1. Introduction
1. Product Type By Value
2. Cardamom Tea Premix
1. By Value
3. Ginger Tea Premix
1. By Value
4. Masala Tea Premix
1. By Value
5. Lemon Tea Premix
1. By Value
6. Lemon Grass Tea Premix
1. By Value
4. By Distribution Channels
1. Introduction
1. Distribution Channels By Value
2. Supermarket/Hypermarket
1. By Value
3. Specialty Stores
1. By Value
4. Discount Stores
1. By Value
5. Convenience Stores
1. By Value
6. E-Commerce
1. By Value
8. *NORTH AMERICA MARKET ANALYSIS*
1. Introduction
2. By Foam
1. Introduction
1. Foam By Value
2. Powder
1. By Value
3. Paste
1. By Value
4. Granules
1. By Value
3. By Product Type
1. Introduction
1. Product Type By Value
2. Cardamom Tea Premix
1. By Value
3. Ginger Tea Premix
1. By Value
4. Masala Tea Premix
1. By Value
5. Lemon Tea Premix
1. By Value
6. Lemon Grass Tea Premix
1. By Value
4. By Distribution Channels
1. Introduction
1. Distribution Channels By Value
2. Supermarket/Hypermarket
1. By Value
3. Specialty Stores
1. By Value
4. Discount Stores
1. By Value
5. Convenience Stores
1. By Value
6. E-Commerce
1. By Value
5. *U.S.*
1. By Foam
1. Introduction
1. Foam By Value
2. Powder
1. By Value
3. Paste
1. By Value
4. Granules
1. By Value
2. By Product Type
1. Introduction
1. Product Type By Value
2. Cardamom Tea Premix
1. By Value
3. Ginger Tea Premix
1. By Value
4. Masala Tea Premix
1. By Value
5. Lemon Tea Premix
1. By Value
6. Lemon Grass Tea Premix
1. By Value
3. By Distribution Channels
1. Introduction
1. Distribution Channels By Value
2. Supermarket/Hypermarket
1. By Value
3. Specialty Stores
1. By Value
4. Discount Stores
1. By Value
5. Convenience Stores
1. By Value
6. E-Commerce
1. By Value
6. *Canada*
9. *EUROPE MARKET ANALYSIS*
1. Introduction
2. By Foam
1. Introduction
1. Foam By Value
2. Powder
1. By Value
3. Paste
1. By Value
4. Granules
1. By Value
3. By Product Type
1. Introduction
1. Product Type By Value
2. Cardamom Tea Premix
1. By Value
3. Ginger Tea Premix
1. By Value
4. Masala Tea Premix
1. By Value
5. Lemon Tea Premix
1. By Value
6. Lemon Grass Tea Premix
1. By Value
4. By Distribution Channels
1. Introduction
1. Distribution Channels By Value
2. Supermarket/Hypermarket
1. By Value
3. Specialty Stores
1. By Value
4. Discount Stores
1. By Value
5. Convenience Stores
1. By Value
6. E-Commerce
1. By Value
5. *U.K.*
1. By Foam
1. Introduction
1. Foam By Value
2. Powder
1. By Value
3. Paste
1. By Value
4. Granules
1. By Value
2. By Product Type
1. Introduction
1. Product Type By Value
2. Cardamom Tea Premix
1. By Value
3. Ginger Tea Premix
1. By Value
4. Masala Tea Premix
1. By Value
5. Lemon Tea Premix
1. By Value
6. Lemon Grass Tea Premix
1. By Value
3. By Distribution Channels
1. Introduction
1. Distribution Channels By Value
2. Supermarket/Hypermarket
1. By Value
3. Specialty Stores
1. By Value
4. Discount Stores
1. By Value
5. Convenience Stores
1. By Value
6. E-Commerce
1. By Value
6. *Germany*
7. *France*
8. *Spain*
9. *Italy*
10. *Russia*
11. *Nordic*
12. *Benelux*
13. *Rest Of Europe*
10. *APAC MARKET ANALYSIS*
1. Introduction
2. By Foam
1. Introduction
1. Foam By Value
2. Powder
1. By Value
3. Paste
1. By Value
4. Granules
1. By Value
3. By Product Type
1. Introduction
1. Product Type By Value
2. Cardamom Tea Premix
1. By Value
3. Ginger Tea Premix
1. By Value
4. Masala Tea Premix
1. By Value
5. Lemon Tea Premix
1. By Value
6. Lemon Grass Tea Premix
1. By Value
4. By Distribution Channels
1. Introduction
1. Distribution Channels By Value
2. Supermarket/Hypermarket
1. By Value
3. Specialty Stores
1. By Value
4. Discount Stores
1. By Value
5. Convenience Stores
1. By Value
6. E-Commerce
1. By Value
5. *China*
1. By Foam
1. Introduction
1. Foam By Value
2. Powder
1. By Value
3. Paste
1. By Value
4. Granules
1. By Value
2. By Product Type
1. Introduction
1. Product Type By Value
2. Cardamom Tea Premix
1. By Value
3. Ginger Tea Premix
1. By Value
4. Masala Tea Premix
1. By Value
5. Lemon Tea Premix
1. By Value
6. Lemon Grass Tea Premix
1. By Value
3. By Distribution Channels
1. Introduction
1. Distribution Channels By Value
2. Supermarket/Hypermarket
1. By Value
3. Specialty Stores
1. By Value
4. Discount Stores
1. By Value
5. Convenience Stores
1. By Value
6. E-Commerce
1. By Value
6. *Korea*
7. *Japan*
8. *India*
9. *Australia*
10. *Taiwan*
11. *South East Asia*
12. *Rest Of Asia-Pacific*
11. *MIDDLE EAST AND AFRICA MARKET ANALYSIS*
1. Introduction
2. By Foam
1. Introduction
1. Foam By Value
2. Powder
1. By Value
3. Paste
1. By Value
4. Granules
1. By Value
3. By Product Type
1. Introduction
1. Product Type By Value
2. Cardamom Tea Premix
1. By Value
3. Ginger Tea Premix
1. By Value
4. Masala Tea Premix
1. By Value
5. Lemon Tea Premix
1. By Value
6. Lemon Grass Tea Premix
1. By Value
4. By Distribution Channels
1. Introduction
1. Distribution Channels By Value
2. Supermarket/Hypermarket
1. By Value
3. Specialty Stores
1. By Value
4. Discount Stores
1. By Value
5. Convenience Stores
1. By Value
6. E-Commerce
1. By Value
5. *UAE*
1. By Foam
1. Introduction
1. Foam By Value
2. Powder
1. By Value
3. Paste
1. By Value
4. Granules
1. By Value
2. By Product Type
1. Introduction
1. Product Type By Value
2. Cardamom Tea Premix
1. By Value
3. Ginger Tea Premix
1. By Value
4. Masala Tea Premix
1. By Value
5. Lemon Tea Premix
1. By Value
6. Lemon Grass Tea Premix
1. By Value
3. By Distribution Channels
1. Introduction
1. Distribution Channels By Value
2. Supermarket/Hypermarket
1. By Value
3. Specialty Stores
1. By Value
4. Discount Stores
1. By Value
5. Convenience Stores
1. By Value
6. E-Commerce
1. By Value
6. *Turkey*
7. *Saudi Arabia*
8. *South Africa*
9. *Egypt*
10. *Nigeria*
11. *Rest Of MEA*
12. *LATAM MARKET ANALYSIS*
1. Introduction
2. By Foam
1. Introduction
1. Foam By Value
2. Powder
1. By Value
3. Paste
1. By Value
4. Granules
1. By Value
3. By Product Type
1. Introduction
1. Product Type By Value
2. Cardamom Tea Premix
1. By Value
3. Ginger Tea Premix
1. By Value
4. Masala Tea Premix
1. By Value
5. Lemon Tea Premix
1. By Value
6. Lemon Grass Tea Premix
1. By Value
4. By Distribution Channels
1. Introduction
1. Distribution Channels By Value
2. Supermarket/Hypermarket
1. By Value
3. Specialty Stores
1. By Value
4. Discount Stores
1. By Value
5. Convenience Stores
1. By Value
6. E-Commerce
1. By Value
5. *Brazil*
1. By Foam
1. Introduction
1. Foam By Value
2. Powder
1. By Value
3. Paste
1. By Value
4. Granules
1. By Value
2. By Product Type
1. Introduction
1. Product Type By Value
2. Cardamom Tea Premix
1. By Value
3. Ginger Tea Premix
1. By Value
4. Masala Tea Premix
1. By Value
5. Lemon Tea Premix
1. By Value
6. Lemon Grass Tea Premix
1. By Value
3. By Distribution Channels
1. Introduction
1. Distribution Channels By Value
2. Supermarket/Hypermarket
1. By Value
3. Specialty Stores
1. By Value
4. Discount Stores
1. By Value
5. Convenience Stores
1. By Value
6. E-Commerce
1. By Value
6. *Mexico*
7. *Argentina*
8. *Chile*
9. *Colombia*
10. *Rest Of LATAM*
13. *COMPETITIVE ASSESSMENT*
1. Adoption Matrix
2. Instant Tea Premix Consumption Market Share By Manufacturers
3. Instant Tea Premix Consumption Market Ranking By Revenue For Manufacturers
4. Average Price By Manufacturers
5. Vendor Footprint Analysis
14. *MARKET PLAYERS ASSESSMENT*
1. *Ito En Ltd.*
1. Overview
2. Business Information
3. Revenue
4. ASP
5. Gross Margin
6. Swot Analysis
7. Recent Developmments
2. The Republic Of Tea Inc.
3. The Coca-Cola Company
4. Tata Global Beverages
5. Keurig Green Mountain Inc.
6. Dunkin Brands Group Inc
7. Pepsico Inc.
8. Unilever
9. Wagh Bakri Tea Group
10. Nestle S.A.
15. *RESEARCH METHODOLOGY*
1. Research Data
1. Secondary Data
1. Major Secondary Sources
2. Key Data From Secondary Sources
2. Primary Data
1. Key Data From Primary Sources
2. Breakdown Of Primaries
3. Secondary And Primary Research
1. Key Industry Insights
2. Market Size Estimation
1. Bottom-Up Approach
2. Top-Down Approach
3. Market Projection
3. Research Assumptions
1. Assumptions
4. Limitations
5. Risk Assessment
16. *APPENDIX*
1. Discussion Guide
2. Customization Options
3. Related Reports
17. *DISCLAIMER*
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*Table of Content @ **https://straitsresearch.com/report/instant-tea-premix-consumption-market/toc*
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*Market News*
· *In November 2022*, Layn Natural Ingredients launched an “instant tea” extract. A straightforward water extraction process is used to create the tea extract powders, helping preserve flavor and functionality.
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*News Media*
*Increasing Consumption of Single-Serve Coffee in Households to Drive the Demand for Coffee Capsules*
*Online Segment in Drip Bag Coffee Market is Expected to Grow at a CAGR of 7.99% During the Assessment Period*
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*Have a Look at the Related Research Report*
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*Hard Tea Market*: Information by Flavour (Lemon, Mango, Blueberry), ABV (More than 5.1%, 2%-5%), Distribution Channel (Convenience Store, Online Store), and Region — Forecast till 2030
*Coffee Pods Market*: Information by Form (Pods, Capsules, Sachets), Intensity (Light Roast, Medium Roast, Dark Roast), Distribution Channel, and Region — Forecast till 2030
*Coffee Pods and Capsules Market*: Information by Type (Pods, And Capsules), Distribution Channel (On-Trade, Off-Trade), and Region – Forecast till 2030
*Drip Bag Coffee Market:* Information by Coffee Beans Type (Coffee Arabica, Coffee Canephora (Coffea Robusta), Others), End-User (Commercial, Retail/Household), Distribution Channel, and Region — Forecast till 2030
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