Impact of COVID-19 on the Tea Market in Europe to 2025 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Europe: Tea Market and the Impact of COVID-19 in the Medium Term" report has been added to ResearchAndMarkets.com's offering.

The tea market in Europe was equal to 11.53 billion USD (calculated in retail prices) in 2014. Until 2024, the tea market in Europe is forecast to reach 24.25 billion USD (in retail prices), thus increasing at a CAGR of 6.84% per annum for the period 2019-2024. This is a decrease, compared to the growth of about 8.84% per year, registered in 2014-2018.

The average consumption per capita in value terms reached 18.77 USD per capita (in retail prices) in 2014. In the next five years, it grew at a CAGR of 4.83% per annum. In the medium term (by 2024), the indicator is forecast to slow down its growth and increase at a CAGR of 3.82% per annum.

This report presents a strategic analysis of the tea market in Europe and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, trends, growth and demand drivers, etc.

The purpose of the report is to describe the state of the tea market in Europe, to present actual and retrospective information about the volumes, dynamics, structure and characteristics of production, imports, exports and consumption and to build a forecast for the market in the next five years, taking into account the impact of COVID-19 on it. In addition, the report presents an elaborate analysis of the main market participants, price fluctuations, trends, growth and demand drivers of the market and all other factors, influencing its development.

This report will allow you to:

• Quickly and cost-effectively get a strategic analysis and gain competitive intelligence about the market;
• Track market data, including size, value, dynamics, structure, segmentation and forecasts: past, present and future;
• Track and identify key market trends, opportunities and threats and key drivers behind recent market changes;
• Strategically assess market growth potential, demand drivers and restraints on the market;
• Explore and identify new market opportunities in the countries and regions within the market;
• Evaluate the key macroeconomic indicators to get insight into the general trends within the economy;
• See how the market performed in the past (over the last 5 years) and how it will perform in the future, taking into account the impact of COVID-19 on it (in the next 5 years);
• Get acquainted with the leading companies on the market;
• Evaluate how diversified the market is in terms of competitive intensity, fragmentation and environment and understand competitive threats;
• Empower your marketing, branding, strategy and market development, consumption and supply functions with useful market insights;
• Build your investment strategy by assessing market attractiveness or company attractiveness;
• Build your own market entry or market expansion strategy or evaluate your current strategy;
• Add weight to pitches and presentations by using official and accurate data and calculations.

Key Topics Covered:

1. Introduction

2. Executive summary

3. Characteristics of tea

4. Characteristics and analysis of raw materials base

5. State of the economy of Europe

5.1. Characteristics of the economy of Europe in 2015-2019

5.2. Forecast for the development of the economy of Europe for 2020-2022

6. Overview and analysis of the tea market in Europe

6.1. Volume, value and dynamics of the tea market in Europe in 2015-2019

6.2. Structure of the tea market in Europe in 2015-2019: production, imports, exports, consumption

6.3. Structure of the tea market in Europe by origin

6.4. Structure of the tea market in Europe by country

6.5. Key recent trends on the tea market in Europe

6.6. Competitive landscape of the market

6.7. Country opportunity analysis

6.8. Key drivers and restraints for the market development in the medium term

6.9. Forecast for development of the tea market in Europe for 2020-2025

7. Overview and analysis of the domestic production of tea in Europe

7.1. Volume, value and dynamics of the domestic production of tea in Europe in 2015-2019

7.2. Structure of the European production of tea by countries

7.3. Characteristics of the main companies, producers of tea in Europe

8. Characteristics and analysis of the prices of tea in Europe

8.1. Value chain analysis

8.2. Structure of price formation

8.3. Characteristics of the producer prices of tea in Europe in 2015-2019

8.4. Characteristics of other prices of tea

9. Foreign trade operations of tea in Europe

10. Overview and analysis of the imports of tea to the European market

11. Overview and analysis of the European exports of tea

12. Characteristics of the consumption of tea in Europe

13. Forecast for development of the tea market in Europe for 2020-2025

Companies Mentioned

• TATA GLOBAL BEVERAGES
• UNILEVER
• ASSOCIATED BRITISH FOODS PLC.
• NESTLE
• BARRY'S TEA
• APEEJAY SURRENDRA GROUP
• BETTYS & TAYLORS GROUP LTD.
• MCLEOD RUSSEL
• ITO EN INC.
• Kusmi Tea
• Peet's Coffee & Tea
• DAVIDs Tea
• Tea Forte
  

For more information about this report visit https://www.researchandmarkets.com/r/i6kxqg