North American green tea market was valued at around $3.2billion in 2018, which is further estimated to reach around $4.9 billion in 2025 at a CAGR of 6.5% during the forecast period. The market in North America is growing due to the increasing demand for unadulterated organic tea-based products. The US and Canada have been analyzed in the North American green tea market. Among these two countries, the US is the leading importer in the North American market. Shifting trend towards healthy beverages, high consumption of tea, and presence of a smaller number of tea growers in the US is contributing towards the increasing import of tea and tea-based beverages in the country.
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At present, total tea consumption growth is backed by rapid growth in per capita incomes across emerging economies of the globe. Increasingly urban and young population pool entering the middle-class segment is surging the consumption of tea and tea-based beverages. Besides, this pool is also willing to pay for premium tea products; thereby, influencing the overall value of the tea and tea based-beverages market. Whereas, in developed economies, such as in the US, shifting trend of consumers towards premiumization and branded on-the-go beverages have augmented the green tea market.
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- Market Coverage
- Market number available for – 2019-2025
- Base year- 2019
- Forecast period- 2020-2025
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
North American Green Tea Market by Format
- Ready-to-Drink
- Loose Tea Powder
- Tea Bags
North American Green Tea Market by Nature
- Organic
- Conventional
Regional Analysis
- United States
- Canada
Company Profiles
- AMORE Pacific Corp.
- Arbor Tea (New World Tea, LLC)
- Associated British Foods PLC
- Barry’s Tea
- Celestial Seasonings, Inc.
- Ceylon Organics,Ltd.ITOEN (North America) Inc.
- Tata Global Beverages
- Nestlé S.A.
- Numi,Inc.
- Twining and Co., Ltd.
- The Republic of Tea, Inc.
- Starbucks Corp.
- The Hain Celestial Group, Inc.
- Townshend’s Tea Co.
- Unilever Group
The Report Covers
- Comprehensive research methodology of the North American green tea market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American green tea market.
- Insights about market determinants which are stimulating the North American green tea market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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