Global Tea Market Outlook Report: 2019-2023 - ResearchAndMarkets.com
The tea market is forecast to grow at a CAGR of close to 5% during the forecast period.
- The tea market is forecast to grow at a CAGR of close to 5% during the forecast period.
- Black tea fusions, fruit/herbal teas, and RTD are among the tea products that have growing varieties of premium products.
- Additionally, the introduction of matcha green tea powder, which is a key sub-segment of the green tea segment.
- The export market in Europe are generally re-exports of tea imported from developing countries as there is no tea production in Europe.