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The global organic tea market is set to witness growth at a CAGR of 8.2% and is anticipated to reach a valuation of around US$ 2.6 Bn by 2032.
Organic products are becoming common among consumers due to their changing lifestyles and the growing notion that organic products are healthier than conventional ones. Moreover, the growing trend of consuming naturally derived and pesticide-free products will help organic tea sales soar across the world.
Food safety has become a critical consideration for consumers thus organic food which are cultivated naturally without the use of chemical fertilizers, such as organic tea leaf, are regarded safer than conventional tea leaf. This is also helping the organic tea market gain traction.
Furthermore, the organic tea industry is predicted to expand as a result of the rising trend of organic and clean label nutritious beverages.
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Key Takeaways from Market Study
“Consumers seeking authentic tea experience will result in high demand for specialty tea. This is expected to aid the organic tea market growth,” says a Future Market Insights analyst.
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Competitive Landscape
The global organic tea market is moderately consolidated with the leading players focusing on launching new and innovative teas while strategically partnering and acquiring established players in the business. In addition, they are also expanding their production capabilities to allow consolidation in the market:
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global organic tea market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on product type (true tea (black tea, green tea, oolong tea, pu-erh tea and white tea) and herbal tea (chamomile herbal tea, peppermint herbal tea, ginger herbal tea, lemongrass herbal tea and other herbal teas)), form (dried leaf, powder leaf and liquid), by packaging (cartons, cans, tea bags, paper pouches and other packaging), sales channel (offline sales channel (supermarkets/hypermarkets, departmental stores, convenience store and other sales channel) and online sales channel (company website and e-commerce platform)), across seven major regions of the world.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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The post Organic Tea Market Size By Manufacturers, Share, Growth, Trends, Types and Applications, Forecast to 2032 appeared first on Future Market Insights.
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