Tea

  • Europe
Highlights
  • Revenue in the Tea segment amounts to US$24,694.6m in 2021. The market is expected to grow annually by 9.17% (CAGR 2021-2025).
  • In global comparison, most revenue is generated in China (US$92,397m in 2021).
  • In relation to total population figures, per person revenues of US$29.09 are generated in 2021.
  • By 2025, 50% of spending and 6% of volume consumption in the Tea segment will be attributable to out-of-home consumption (e.g., in bars and restaurants).
  • In the Tea segment, volume is expected to amount to 767.9mkg by 2025. The market for Tea segment is expected to show a volume growth of 3.4% in 2022.
  • The average volume per person in the Tea segment is expected to amount to 0.8kg in 2021.
Market definition
in-scope / out-of-scope
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