UK Tea and Tea-Based Beverages Market Size & Growth Analysis Report, 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.
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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.
UK Tea &
Tea-Based Beverages Market Segmentation
By Type
· 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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