UK Tea and Tea-Based Beverages Market Size, Share, Analysis, Industry Report and Forecast 2019-2025
UK tea and tea-based beverages market was valued at around $3 billion in 2018, which is further estimated to reach around $4.5 billion in 2025 at a CAGR of 6.2% during the forecast period. Green tea and herbal tea are widely gaining popularity in the region due to their health benefits. These include improved brain function, fat loss, a lower risk of cancer and many others. Further, growing awareness regarding tea benefits for patients suffering from cardiovascular diseases, and high blood pressure are some of the major factors increasing the demand for tea in the region.
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Tea is one of the oldest beverages,
and it is made by soaking the dried tea leaves in water. The high level of
caffeine in coffee is the reason due to which people prefer tea. There are
various health benefits of tea such as; tea contain antioxidants and tea can
reduce the risk of heart attack and stroke. Additionally, tea lower cholesterol
levels by 32%. Further, green tea contains substances called polyphenols that
contribute to its activity against cancer. The UK tea and tea-based beverages
market is segmented on the basis of type, format, and nature. On the basis of
type, it is segmented into green tea, black tea, oolong tea, and herbal tea.
Furthermore, based on format, it is divided into ready-to-drink (RTD), loose
tea powder, and tea bags. Moreover, based on nature, it is sub-segmented into
organic and conventional.
A
full Report of UK Tea and Tea-Based Beverages Market is Available
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The UK tea and tea beverages market
is primarily dominated by five tea brands that include PG Tips and Tetley (Tata
Global Beverages Group, Ltd.), Premier Foods (Apeejay Surrendra Group),
Associated British Food and Bettys & Taylors. Tetley (Tata Global Beverages
Group, Ltd.) is considered as the leading player in the tea and tea beverages
market in UK, along with India and Canada. The black tea business of the
company has a significant market in UK and focused on growing non-black tea
portfolios in UK in order to promote health and wellness, premiumization and
convenience. For instance, in 2018, the company launched two new variants that
include Super Green tea- Sunshine (green tea blended with vitamin D) and Super
Green tea- Matcha in UK to expand its non-black tea portfolio in UK. Such a
major contribution to the key market player in UK is significantly driving the
growth of the tea and tea beverages market.
·
Green
Tea
·
Black
Tea
·
Oolong
Tea
·
Herbal
Tea
By Format
·
Ready-to-Drink
·
Loose
Tea Powder
·
Tea
Bags
By Nature
·
Organic
·
Conventional
Company Profiles
·
Alkaloid AD Skopje
·
Associated British Foods PLC
·
Barry's Tea
·
Bettys & Taylors Group Ltd.
·
Tata Global Beverages
·
McLeod Russel India, Ltd.
·
Nestlé S.A.
·
Organic India Pvt. Ltd.
·
R.Twining and Co., Ltd.
·
The Republic of Tea, Inc.
·
Starbucks Corp.
·
The Hain Celestial Group, Inc.
·
The Stash Tea Co.
·
Townshend's Tea Co.
·
Unilever Group
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