US Tea Bag Market Trends 2019 | Segmentation, Outlook, Industry Report to 2025
US tea bag market is expected to grow at a CAGR of more than 5% during the forecast period. The tea market is highly competitive in the US. It is comprised of a few US-based tea growers and several importers from almost every tea producing countries, such as China, India, and Japan. However, still very small and mostly non-commercial, tea-growing companies continues its expansion in the US.
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Nonetheless, the US tea bag
industry is consolidated with the less presence of local companies and high
presence of importers from across the globe. The major tea companies that
import organic tea in the US include Ambassador Organics, Equal Exchange,
Celestial Seasonings, Newman's Own, and Numi Organic Tea. Some of the other
companies that import Fairtrade tea in the US include Twinings, Clipper Teas,
Honest Tea, Village Tea, Hampstead Tea, English Tea Shop, Naturals n Organics,
Trader Joe’s, Organic India, and Wild Harvest Organic.
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The US is the third-largest
importer of tea across the globe, after Russia and Pakistan, and is the only
western country to experience growth in terms of both, tea imports and
consumption, as per the Tea Association of the US. Argentina is estimated as
the largest importing nation of tea to the US, continues to be under price and
inflationary pressure. According to the US Census Bureau, the US tea, spices, and
others imports from the world was valued at around 1.98 million in 2013, which
increased to 2.61 million in 2018. Such a large import of tea and tea-based
beverages is due to the rising disposable income and increasing consumption
rate of healthy tea-based beverages such as organic tea, which includes green
tea and black tea.
US Tea Bag Market Segmentation
By Type
- Green Tea
- Black Tea
- Oolong Tea
- Herbal Tea
Company Profiles
- AMORE Pacific Corp.
- Arbor Tea (New World Tea, LLC)
- Associated British Foods PLC
- Barry's Tea
- Celestial Seasonings, Inc.
- Ceylon Organics, Ltd.
- ITO EN (North America) Inc.
- Tata Global Beverages
- Nestlé S.A.
- Numi Inc.
- R.Twining and Co., Ltd.
- The Republic of Tea, Inc.
- Starbucks Corp.
- The Hain Celestial Group, Inc.
- Townshend's Tea Co.
- Unilever Group
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