The global organic tea market is set to witness growth at a CAGR of 8.2% and is anticipated to reach a valuation of around US$ 2.6 Bn by 2032. The Organic Tea market will reach nearly US$ 1.2 Bn by 2022.
Organic products are becoming common among consumers due to their changing lifestyles and the growing notion that organic products are healthier than conventional ones. Moreover, the increasing trend of consuming naturally derived and pesticide-free products will help organic tea sales soar across the world.
Food safety has become a critical consideration for consumers thus organic food which is cultivated naturally without the use of chemical fertilizers, such as organic tea leaf, are regarded as safer than conventional tea leaf. This is also helping the organic tea market gain traction.
Furthermore, the organic tea industry is predicted to expand as a result of the rising trend of organic and clean-label nutritious beverages.
Key Takeaways from Market Study
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“Consumers seeking authentic tea experience will result in high demand for speciality tea. This is expected to aid the organic tea market growth,” says a Future Market Insights analyst.
The global organic tea market is moderately consolidated with the leading players focusing on launching new and innovative teas while strategically partnering and acquiring established players in the business. In addition, they are also expanding their production capabilities to allow consolidation in the market:
Organic Tea Market by Category
By Product Type, Organic Tea Market is segmented as:
By Form, Organic Tea Market is segmented as:
By Packaging, Organic Tea Market is segmented as:
By Sales Channel, Organic Tea Market is segmented as:
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