Kenya Tea and Tea-Based Beverages Market Size, Share and Forecast 2019-2025
Kenya tea and tea-based beverages market is estimated to grow at a CAGR of more than 5% during the forecast period. Kenya is one of the major exporters of tea to the US. As per the United States Agency for International Development (USAID), in 2016, the US imported nearly $26 million in tea products from Kenya, which makes it the eleventh greatest importer to the US market. Kenya differentiates itself from other tea producing nations by handpicking more than 90% of its tea, which provides higher quality to their tea products.
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Kenya primarily exports black tea, which is the most preferred kind of
tea in the US. As per the Agriculture and Food Authority (AFA), in November
2018, the emerging markets that recorded higher tea imports from Kenya include
Bangladesh, South Africa, Nigeria, Turkey, Canada, Japan, and Germany. However,
in African regions, including Kenya, Somalia, and Ethiopia, there is a growing
concern of drought, which will impact the agricultural production and affects
the pricing of agricultural products, which in turn, may also restrict the
market growth in Kenya.
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Kenya Tea & Tea-Based Beverages Market
Segmentation
·
Green
Tea
·
Black
Tea
·
Oolong
Tea
·
Herbal
Tea
By Format
·
Ready-to-Drink
·
Loose
Tea Powder
·
Tea
Bags
By Nature
·
Organic
·
Conventional
Company
Profiles
·
Associated
British Foods PLC
·
Cargill,
Inc.
·
Global
Tea & Commodities, Ltd.
·
Kenya
Tea Development Agency, Ltd.
·
Kenya
Tea Packers (KETEPA), Ltd.
·
L A B
International Kenya, Ltd.
·
Lutex,
Ltd.
·
Nestlé
S.A.
·
R.Twining
and Co., Ltd.
·
Starbucks
Corp.
·
Tata
Global Beverages
·
Unilever
Group
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