Fruit Tea Market 2024-2028: Size and Volatility in prices of raw materials; growth driven by the Type, Some of key Companies Positioned Strategically
The fruit tea market size by Type (Conventional fruit tea and Organic fruit tea) and Geography (North America, Europe, APAC, South America, and Middle East and Africa), is forecast to increase by USD 1000.9 million. The market is expected to grow at a CAGR of 7.08% between 2024 and 2028.
- In the fruit tea market, vendors face significant challenges in managing costs due to the volatile prices of key raw materials, particularly tea. The production of fruit tea involves various components such as processed tea leaves, dried fruits and nuts, herbs and spices, botanical extracts, and flavoring agents. The prices of these raw materials, particularly tea and botanical extracts, which are plant-derived, can fluctuate significantly, impacting the final cost of the end-product. Vendors must closely monitor these price fluctuations to maintain profitability and competitiveness in the market.
- The fruit tea market represents a significant and growing segment within the global tea industry. Consumers are increasingly seeking healthier and more flavorful beverage options, driving demand for fruit teas. Key players in this market focus on innovation, product development, and strategic partnerships to meet consumer preferences. Market size is projected to expand at a robust CAGR through 2026, fueled by rising health consciousness and the introduction of new and exotic fruit tea blends.
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Some of the Key Companies:
- adagio teas
- Ahmad Tea Ltd.
- Alokozay International Ltd.
- Barrys Tea
- Bettys and Taylors Group Ltd.
- Bigelow Tea
- Dilmah Ceylon Tea Co. Plc
- Harney and Sons Fine Teas
- Hong Kong Oriental Tea Co. Ltd.
- londonfruitandherb
- MB Holding GmbH and Co. KG
- R. Twining and Co. Ltd.
- Riston Inc.
- Starbucks Corp.
- Tata Consumer Products Ltd.
- The Hain Celestial Group Inc.
- The Republic of Tea Inc.
- The Stash Tea Co.
- Tiesta Tea Co.
- Unilever PLC
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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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