Tea & Tea Based Beverages Market: Evolving Opportunities, Industry Tr Tea & Tea Based Beverages Market

Tea & Tea Based Beverages Market: Evolving Opportunities, Industry Trends, Business 
Growth, Revenue, Forecasts to 2028 
The   global   tea   and   tea-based   beverages   market   is   anticipated   to   register   a   relatively  
higher   compound   annual   growth   rate   of   4.9%   in   terms   of   revenue   during   the   time   frame  
of   the   forecast   period,   due   to   various   market   dynamics,   regarding   which,   TMR   offers  
detailed   insights.   Transparency   Market   Research   provides   key   detailed   insights   into   the  
global   tea   and   tea-based   beverages   market,   in   its   upcoming   market   outlook   titled,   ​‘ T
ea  
and Tea-Based Beverages Market​ : Global Industry Analysis and Forecast 2018-2028′. 
The   Market   in   North   America   to   Witness   Predominant   Growth   in   the   Global   Tea   and  
Tea-Based Beverages Market 
Being   a   well-developed   economy   with   a   larger   population   of   health-conscious  
consumers,   and   with   higher   per   capita   expenditure   on   food   products,   North   America  
holds   a   greater   compound   annual   growth   in   the   tea   and   tea-based   beverages   market   in  
comparison with all other regions across the world. 
Owing   to   factors   such   as   increasing   imports   and   consumption   of   green   tea,   favorable  
government   policies   in   international   trade   and   labeling,   and   other   macro-economic  
factors   favoring   tea   and   tea-based   beverages,   it   is   anticipated   that,   the   market   in   North  
America   would   register   a   considerable   growth   rate   in   the   tea   and   tea-based   beverages  
market, representing around 5.8% during the forecast period. 
High   Propensity   for   the   Tea   Blends   Segment   in   the   Global   Tea   and   Tea-based  
Beverages Market 
On   the   basis   of   type   of   tea   and   tea-based   beverage,   the   tea   blends   segment   is  
anticipated   to   register   a   compound   annual   growth   rate   of   around   5.1%   during   the  
forecast   period.   Increasing   consumer   preference   for   a   variety   of   flavor,   aroma,   and  
other   healthy   herbal   ingredients   such   as   infused   honey,   cinnamon,   and   lemon   flavor   has  
increased   the   market   penetration   of   blended   tea-based   beverages   over   the   years.   As   tea  
blends   are   available   in   various   flavors   at   an   affordable   cost,   blended   tea   and   tea-based  
beverages have significant demand among consumers. 
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