OUT OF HOME TEA MARKET ANALYSIS

Out of Home Tea Market, by Product Type (Black Tea, Green Tea, Herbal Tea, Fruit Tea, Matcha Tea, and Oolong Tea), by Packaging Type (Loose Tea, Tea Bags, Bottled Tea, and Canned Tea), by Distribution Channel (Quick Service Restaurants, Full Service Restaurants, Bars & Pubs, Cafes, Workplace, and Others), and by Region (North America, South America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Nov 2024
Code : CMI3003
Formats :
Excel and PDF
Industry : Consumer Goods

Market Challenges And Opportunities

However, increasing consumption of coffee as a refreshing beverage is expected to restrict to growth of out of home tea market over the forecast period. For instance, according to International Coffee Organization, global coffee production in the year 2018-19 increased by 1.9% to reach 168.77 million bags and the global consumption increased by 2.1% to reach 164.84 million bags in the same year.