According to IMARC Group’s latest report, titled “India Tea Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the India tea market size reached 1.2 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 1.5 Million Tons by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.
Tea is an aromatic beverage made by adding dried and crushed leaves and leaf buds of the Camelia Sinensis plant in boiling water. It is a rich source of caffeine, polyphenols, antioxidants, and minerals, including manganese, calcium, and potassium. Its moderate consumption helps provide instant relaxation, minimize the damage caused by free radicals in the body, boost the immune system, reduce inflammation, facilitate weight management, and lower cholesterol levels in the blood.
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Market Trends
The increasing consumer awareness about the health and medicinal benefits of tea and shifting consumer preferences for organic tea and green tea variants are among the key factors positively influencing the market in India. In addition, the rising focus of the leading players on introducing new flavors with healthy ingredients, such as ginger, lemon, hibiscus, turmeric, and peppermint, is creating a positive outlook for the market in the country. Furthermore, the expansion of organized retail channels, including hypermarkets, supermarkets, convenience stores, and departmental stores, along with the growing online retailing platforms, is anticipated to drive the market.
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List of Key Companies Covered in this Market Report:
- Amar Tea Pvt. Ltd.
- Duncans Industries Ltd.
- Hindustan Unilever Limited
- Organic India Private Limited
- Pataka Group of Companies
- Tata Consumer Products (Tata Sons Private Limited)
- Wagh Bakri Tea Group.
Report Segmentation:
The report has segmented the market into the following categories
Breakup by Product Type:
- Green Tea
- Black Tea
- Oolong Tea
- Others
Breakup by Packaging:
- Plastic Containers
- Loose Tea
- Paper Boards
- Aluminium Tin
- Tea Bags
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
- Others
Breakup by Application:
- Residential
- Commercial
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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