Tea Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Fruit/Herbal Tea, Black Tea, Green Tea, Instant Tea, and Others), By Packaging (Loose Tea, Tea Bags, Aluminum Tin, Plastic Containers, and Paper Boards), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Stores, and Others), and Region Forecast 2019-2030  

Tea Market size was valued at US$ 21 billion in 2023 and is projected to reach US$ 27.6 billion by 2030 growing at a CAGR of 6.9% from 2024 to 2030. Tea is an aromatic beverage that is usually prepared by infusing the dried crushed leaves of the tea plant in boiling water. Various types of tea are available in various tastes and flavors. It is one of the most frequently consumed beverages all across the world. It has flavonoids, antioxidants, and phytochemicals, which enhance the functioning of the human body. Tea manufacturers have been able to introduce premium and health-oriented goods as consumers' disposable incomes have increased. They've begun incorporating a variety of healthy ingredients into their organic tea blends in order to address some of the most frequent health issues, such as diabetes, beauty, obesity, and heart health.

As a result, a shift toward the consumption of organic tea is a growing trend that is positively impacting the market growth. Tea is a low-cost beverage that is enjoyed by people of all socioeconomic backgrounds. Tea's popularity in developing countries such as India and China has been boosted by the fact that it is affordable to the general public, with the majority of people belonging to low-income groups. Tea's out-of-home industry has been growing in recent years, with a slew of tea lounges springing up all over the world. These lounges provide customers with a range of chosen teas from various areas, among other things.