DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017 - 2022" report to their offering.
The global tea market has grown at a CAGR of 5.2% during 2009-2016, reaching production volumes worth 5.6 Million Tons in 2016.
Tea currently represents the world's second most popular beverage after water. It is prepared by pouring hot or boiling water over cured tea leaves. The widely consumed varieties of tea are black, green, oolong, and white, out of which black tea accounts for more than 60% of the global tea production and consumption followed by green tea. Along with having various health benefits of drinking tea, the growth of Ready-to-Drink Teas, increased consumption in the Foodservice Segment, premiumisation, convenient packaging and innovation in marketing have been the key factors driving the growth of the global tea market.
Region wise, India is both the world's largest producer and consumer of black tea. India is followed by the European Union, Russian Federation, China and Turkey. Being a competitive market it is controlled by a few key players.
Some of the players analysed in the report are Unilever, Tata Tea, McLeod Russel, James Finlay and John Keells.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
5 Global Tea Industry
7 Performance of Key Regions
8 Competitive Landscape
9 Tea Processing
10 Project Details, Requirements and Costs Involved
11 Loans and Financial Assistance
12 Project Economics
13 Key Player Profiles
For more information about this report visit http://www.researchandmarkets.com/research/34f3pl/tea_market