Herbal Tea Market is Expected to Grow at a CAGR of 4.5% from 2022 to 2028
As stated in our extensive report; providing insights on Raw Material, Flavor Type, Packaging and Distribution Channel; the Global Herbal Tea Market accounted for USD 3,185.2 Million in 2021.
Herbal Tea is an infusion made from a range of edible, non-tea plant leaves, fruits, flowers, and roots. In Europe and a few other parts of the world, it's referred to as tisanes. Herbal Tea is not a legitimate tea because it is not made from the Camellia sinensis plant (the same plant that produces black, green, and oolong tea). With individuals becoming more health-conscious, it's becoming a new fad. Herbal Tea has become increasingly popular over the last several decades due to its intriguing flavor as well as its mental and physical health advantages. Herbal mixes were once prized for their ability to evoke spiritual consciousness while also providing physical advantages to customers. Further, the increase in population alongside rising in disposable income is also likely to fuel the growth of the market during the forecast period.
The increase in the prevalence of obesity is anticipated to augment the growth of the Herbal Tea Market during the forecast period. This is attributable to the increased intake of energy-dense foods that are high in fat and sugars along with an increase in physical inactivity due to the increasingly sedentary nature of many forms of work, changing modes of transportation, and increasing urbanization. As per the estimations by World Health Organization, more than 1.9 billion adults aged 18 years and older were overweight in 2016, and out of these over 650 million adults were obese. Further, 39% of adults aged 18 years and over out of which 39% were men and 40% were women were overweight which concluded that overall, about 13% of the world’s adult population were obese in 2016. Herbal Tea is an excellent approach to detoxing and reducing weight in a healthy and natural way. Herbal Tea can help you lose weight by increasing your metabolism and detoxifying your entire system. Herbal Tea is a low-calorie beverage that can help you lose weight by suppressing your appetite and fighting the formation of new fat cells in your body due to its anti-obesity effects. Thus, owing to the increasing incidences of overweight the demand for Herbal Tea is also expected to grow within the estimated timeframe.
However, the high cost of products compared to traditional tea and the availability of other substitutes are limiting the market's growth. Moreover, the increasing trend of consumption of ready-to-drink tea (RTD) is likely to create opportunities for the growth of the market in near future.
Asia Pacific dominated the Global Herbal Tea Market in 2021 and is likely to continue with the same trend during the forecast period. This is attributable to the increase in consumption of tea in economies such as China and India in the region. Furthermore, the rising awareness of the health benefits of consumption of Herbal Tea is also expected to fuel the regional growth of the market. Additionally, the growing production of green tea is also expected to support the growth of the market in the region.
Some of the prominent players operating in the Global Herbal Tea Market include Tielka, Mountain Rose Herbs, Tega Organic Teas, Terra teas, Aror teas, Tetley, Indigo herbs, The Indian Chai, Twinings, Orgainc India and others.
Browse the full Report - Herbal Tea Market Size, Share & Trends Analysis Report by Raw Material (Green Tea, Black Tea , Yellow Tea), by Flavor Type (Chamomile, Peppermint, Lemongrass, Ginger), by Packaging (Loose Tea, Paper Pouches, Tea Bags, Plastic Containers), by Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retail), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)