OUT OF HOME TEA MARKET ANALYSIS
Major players operating in the global out of home tea market include Tata Global Beverages Ltd., Nestle S.A, Celestial Seasonings Inc., Unilever Plc., Ito En, Ltd, Barry’s Tea, Associated British Foods, Dilmah Ceylon Tea Company, The Republic of Tea, and Bettys and Taylors Group Limited. Companies operating in the market are focusing on mergers & acquisitions in order to expand their market share. For instance, in 2017, Unilever Plc acquired Pukka Herbs Ltd., producer of organic herbal tea. This will help Unilever to expand its product portfolio and expand its tea business.
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