Market Summary
Research Methodology on Herbal Tea Market
This research project aims to analyze the Herbal Teas Market across the globe. To do this, a systematic and scientific approach is adopted. This research is a qualitative and quantitative approach, which enables an in-depth understanding of the Herbal Teas Market and sub-categories.
Research Process and Model:
The research process begins with in-depth secondary research to understand the existing market trends, market players, technology, developments and industry verticals. Secondary research sources such as factsheets, annual reports and regulatory databases are used for data collection. Additionally, interviews and surveys are included in the secondary source research.
Qualitative and quantitative data is gathered from primary sources such as health professionals, industry experts, company executives and other key personnel are consulted to build a complete and accurate picture of the Herbal Teas Market. Primary research data includes parameters such as company profile and product consumption in different countries to understand the market size.
Data Analysis Methodology
Both qualitative and quantitative data analysis is performed using the Global Herbal Teas Market data gathered from various sources. The statistical techniques used include market trend analysis, monthly trend analysis and Y-o-Y trend analysis, technical trend analysis.
Data Collection Methodology
The data collection methods include surveys, interviews, focus group discussions and user research studies. In addition, structured interviews and surveys are used to gather data from stakeholders such as health professionals, industry experts, and potential customers.
Survey data is generated by a combination of desk research, published sources and through the use of a self-completed questionnaire.
Secondary research includes magazine articles, financial reports, published research studies, company websites and interviews with industry participants.
Market Size Calculation
The global Herbal Teas Market size is estimated by combining the top-down and bottom-up approaches. The top-down approach is used to define the regional and global market size which is further divided into segments by country.
In the bottom-up approach, the market size is calculated by combining the identified data points for each of the market segments.
The data is analyzed and the report is created using at least four independent sources.
Market Forecasting
To ascertain the overall market size and the expected market growth in the coming years, a combination of proven market forecasting methods such as the market share analysis, Porter’s Five Forces Analysis and market trend analysis is applied to the collected data.
The historical data is analyzed and compared with recent trends to project market growth in the future. Additionally, the multiple factors influencing the market growth such as industry trends, informed opinion, government regulations and technological advancements are included in the analysis to arrive at accurate market forecasts.
Market Size & Forecast
Attribute/Metric | Details |
Market Size 2023 | USD 4052.3 billion |
Market Size 2024 | USD 3.47 billion |
Market Size 2032 | USD 4.88 billion |
Compound Annual Growth Rate (CAGR) | 5.0% (2024-2032) |
Base Year | 2023 |
Market Forecast Period | 2024-2032 |
Historical Data | 2019 & 2021 |
Market Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, Function, Form, Distribution Channel, and Region |
Geographies Covered | North America, Europe, Asia-Pacific, and the Rest of the World |
Countries Covered | The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | Mighty Leaf Tea (Canada), Numi, Inc. PBC (US), ONO TEAS Pvt. Ltd (India), Dilmah Ceylon Tea Company PLC (Sri Lanka), Apeejay Surrendra Group (India), Yogi (US), and Republic of Tea (US) |
Key Market Opportunities | Growing demand for herbal products in developed nations |
Key Market Dynamics | Growing demand for healthy beverages and flavor variants, owing to lots of medicinal properties, Growing demand for herbal tea ingredients in the personal care industry |
Major Players
Herbal Tea Type Outlook (USD Million, 2018-2030)
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
Herbal Tea Function Outlook (USD Million, 2018-2030)
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
Herbal Tea Form Outlook (USD Million, 2018-2030)
Tea Bags
Loose Leaf
Herbal Tea Distribution Channel Outlook (USD Million, 2018-2030)
Store-Based
Non-Store-Based
Herbal Tea Regional Outlook (USD Million, 2018-2030)
North America Outlook (USD Million, 2018-2030)
North America Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
North America Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
North America Herbal Tea by Form
Tea Bags
Loose Leaf
North America Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
US Outlook (USD Million, 2018-2030)
US Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
US Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
US Herbal Tea by Form
Tea Bags
Loose Leaf
US Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
CANADA Outlook (USD Million, 2018-2030)
CANADA Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
CANADA Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
CANADA Herbal Tea by Form
Tea Bags
Loose Leaf
CANADA Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
Europe Outlook (USD Million, 2018-2030)
Europe Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
Europe Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
Europe Herbal Tea by Form
Tea Bags
Loose Leaf
Europe Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
Germany Outlook (USD Million, 2018-2030)
Germany Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
Germany Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
Germany Herbal Tea by Form
Tea Bags
Loose Leaf
Germany Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
France Outlook (USD Million, 2018-2030)
France Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
France Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
France Herbal Tea by Form
Tea Bags
Loose Leaf
France Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
UK Outlook (USD Million, 2018-2030)
UK Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
UK Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
UK Herbal Tea by Form
Tea Bags
Loose Leaf
UK Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
ITALY Outlook (USD Million, 2018-2030)
ITALY Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
ITALY Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
ITALY Herbal Tea by Form
Tea Bags
Loose Leaf
ITALY Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
SPAIN Outlook (USD Million, 2018-2030)
Spain Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
Spain Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
Spain Herbal Tea by Form
Tea Bags
Loose Leaf
Spain Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
Rest Of Europe Outlook (USD Million, 2018-2030)
Rest Of Europe Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
REST OF EUROPE Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
REST OF EUROPE Herbal Tea by Form
Tea Bags
Loose Leaf
REST OF EUROPE Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
Asia-Pacific Outlook (USD Million, 2018-2030)
Asia-Pacific Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
Asia-Pacific Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
Asia-Pacific Herbal Tea by Form
Tea Bags
Loose Leaf
Asia-Pacific Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
China Outlook (USD Million, 2018-2030)
China Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
China Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
China Herbal Tea by Form
Tea Bags
Loose Leaf
China Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
Japan Outlook (USD Million, 2018-2030)
Japan Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
Japan Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
Japan Herbal Tea by Form
Tea Bags
Loose Leaf
Japan Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
India Outlook (USD Million, 2018-2030)
India Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
India Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
India Herbal Tea by Form
Tea Bags
Loose Leaf
India Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
Australia Outlook (USD Million, 2018-2030)
Australia Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
Australia Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
Australia Herbal Tea by Form
Tea Bags
Loose Leaf
Australia Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
Rest of Asia-Pacific Outlook (USD Million, 2018-2030)
Rest of Asia-Pacific Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
Rest of Asia-Pacific Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
Rest of Asia-Pacific Herbal Tea by Form
Tea Bags
Loose Leaf
Rest of Asia-Pacific Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
Rest of the World Outlook (USD Million, 2018-2030)
Rest of the World Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
Rest of the World Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
Rest of the World Herbal Tea by Form
Tea Bags
Loose Leaf
Rest of the World Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
Middle East Outlook (USD Million, 2018-2030)
Middle East Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
Middle East Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
Middle East Herbal Tea by Form
Tea Bags
Loose Leaf
Middle East Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
Africa Outlook (USD Million, 2018-2030)
Africa Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
Africa Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
Africa Herbal Tea by Form
Tea Bags
Loose Leaf
Africa Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
Latin America Outlook (USD Million, 2018-2030)
Latin America Herbal Tea by Fusion Type
Cinnamon
Dandelion
Chamomile
Ginger
Turmeric
Blends
Others
Latin America Herbal Tea by Function
Cognitive Health
Gut & Digestive Health
Multifunctional
Others
Latin America Herbal Tea by Form
Tea Bags
Loose Leaf
Latin America Herbal Tea by Distribution Channel
Store-Based
Non-Store-Based
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