Tea Market - Global Industry Analysis, Trend, Size, Share
and Forecast, 2014 - 2020
46 Page Report
Global Tea Market to Develop at 2.8% CAGR between 2014 and
2020 to Reach US$47.20 Billion by 2020
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Tea market is expected to experience significant growth throughout the forecast period. Globally tea
consumption increases rapidly as it is most preferred beverage next to water, available at low price.
Research shows that consumption of tea helps to prevent a wide range of ailments. Tea has high
antioxidants hence it is used in the treatment of cancer, helps to prevent arthritis, improve bone density,
control blood pressure and reduce the risk of heart disease, protect against cardiovascular and
degenerative diseases among others. Green tea consumption helps to protect against developing of
esophageal and stomach cancer. In this report, the tea market is categorised into leaf tea and CTC tea
(Crush, Tear and Curl). Leaf tea is further categorised into black tea, green tea and oolong tea. Health
benefits of tea consumption are one of the major factors that are fuelling the growth of tea market.
Many researchers speculate that the polyphenols present in tea inhibits certain mechanisms that promote
cancer growth. Moreover, both black tea and green tea are credited with cancer inhibiting powers. A recent
study published in the journal “Circulation,” claims that the consumption of more than two cups of tea in a
day helps to decrease the risk of death caused by heart attack by 44%. Tea is a good source of flavonoids
quercetin, myricetin, and kaempferol. High dietary intake of these compounds reduces the risk of fatal