Global Instant Tea Premix Market - Forecast(2023 - 2028)

Report Code: FBR 10676 Report Format: PDF + Excel

Global Instant Tea Premix Market Overview

Global Instant Tea Premix Market size is estimated to reach $2.1 billion by 2027, growing at a CAGR of 6.5% during the forecast period 2022-2027. Instant tea premix is nothing more than a readymade powder that is taken into account to prepare tea within a fraction of seconds. The skimmed milk powder, sugar, tea powder, cardamom pod powder, and dried ginger powder are the featured ingredients of instant tea premix. Also, the camellia plant is another common ingredient used in tea premix owing to its caffeine, L-theanine, and catechins that helps in boosting immunity. Besides cardamom, basil, masala, lemon, and black tea are other varieties of instant tea premixes. Many people around the globe remain skeptical of the side effects of caffeine; therefore, the demand for premixes prepared from tea leaves that are decaffeinated using methyl chloride is augmenting with time. Green tea and lemon tea premixes are most frequently used owing to their weight loss properties. The global instant tea premix market outlook is fairly fascinating as the demand for aromatic beverages like tea. Furthermore, rising disposable incomes, improving retail channels network, and other advantages linked with premixes like portability, less preparation time, better flavors, and health benefits are factors set to drive the growth of the Global Instant Tea Premix Market for the period 2022-2027.

Report Coverage

The report: “Global Instant Tea Premix Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Instant Tea Premix Market.

By Premix Type: Basil, Cardamom, Ginger, Lemon, Plain, and Others.
By Form: Powder, Paste, and Granules.
By Distribution Channel: Offline (Supermarket/Hypermarkets, Convenience stores, and Other Brick and Mortar stores) and Online Platforms.
By End User: Households, Corporate cafés, and Foodservice Providers.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).

Key Takeaways

  • Geographically, the Asia-Pacific Instant Tea Premix Market accounted for the highest revenue share in 2021. The growth is owing to the humungous production and consumption of tea among Asian countries like India, China, Pakistan, and others. Furthermore, Asia-Pacific is poised to dominate the market over the period 2022-2027.
  • The longer shelf life of the product, changing tastes and preferences, eventful lifestyles, rising disposable income, and proliferating stress complications are said to be preeminent drivers driving the growth of the Global Instant Tea Premix Market. Challenges posed by harsh climatic conditions, lack of awareness in impoverished areas, and deteriorated production activities are said to reduce market growth.
  • Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Global Instant Tea Premix Market report.

Global Instant Tea Premix Market Share, By Geography (%) in 2021

Global Instant Tea Premix Market Share

For More Details on This Report - Request for Sample

Global Instant Tea Premix Market Segment Analysis-By Premix Type

The Global Instant Tea Premix Market based on the premix type can be further segmented into basil, cardamom, ginger, lemon, plain, and others. The cardamom segment held the largest share in 2021. The growth is owing to several health benefits associated with cardamom. Cardamom is one of those pod spices that streamline metabolism, ensure heart health, and help in weight loss. Moreover, the anti-inflammatory properties and aromatic nature of cardamom instant tea premix are driving the demand. Moreover, cardamom along with lemon and ginger tea mix segments is estimated to be the fastest-growing with a CAGR of 7.6% over the forecast period 2022-2027. This growth is owing to the growing adoption of lemon tea premix by obese people. Lemons are extremely rich in potassium, vitamin C, and vitamin B6 improves digestion, and reduce complications like acidity, stress, constipation, and repugnant skin. Moreover, ginger instant tea premix helps in keeping cold away in winters and eases the feeling of motion sickness.

Global Instant Tea Premix Market Segment Analysis-By End-User

The Global Instant Tea Premix Market based on end-user can be further segmented into households, corporate cafés, and food service providers. The households segment held the largest share in 2021. The growth is owing to the rising consumption and adoption of tea as a day starter drink. Millions of people around the globe have made tea an inextricable part of their lives. Moreover, tea is the most common drink served to guests in Asian households. Moreover, households along with foodservice providers are estimated to be the fastest-growing with a CAGR of 7.8% over the forecast period 2022-2027. This growth is owing to restarting of business operations by various food service providers in the wake of reducing infection rates and flexible restrictions. Hospitality venues like cafés offer an intimate atmosphere that generates potent triggers not among younger people but adults too. In addition to that, in this era of digitalization where people spend most of their time behind computer screens, cafés have become the most demanded place for spending time with loved ones and for hosting formal office meetings.

Global Instant Tea Premix Market Segment Analysis-By Geography

The Global Instant Tea Premix Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. Asia-Pacific held the largest share with 36% of the overall market in 2021. The growth in this segment is owing to the factors such as the presence of countries that are deemed amongst the biggest tea producers. For instance, India, Vietnam, China, Indonesia, and others are some of the biggest tea-producing countries in the world. Unlike other parts of the world, Asian countries have a special connection with tea. In South Asian countries, it is a sort of norm to serve tea to guests and commence daily routines with a cup of tea. Furthermore, Asia-Pacific is expected to be the fastest-growing segment over the forecast period 2022-2027. This growth is owing to the adoption of advanced agricultural and processing techniques. Also, rising obesity complications because of sedentary habits, expanding disposable incomes, flourishing corporate culture because of rapid industrialization, and spreading popularity of tea premixes are the factors providing growth prospects.

Global Instant Tea Premix Market Drivers

The expanding number of obese people and ascending purchasing power are anticipated to boost market demand

Owing to prolonged sittings or little to no physical activity because of extensive mechanization is the core reason behind rising incidences of obesity and heart problems. Rather than working in fields, jobs today require hours of sittings and staring at computer screens. For instance, according to a report, over 36 percent of the US adult population is obese as of 2022. Also, several South-Pacific nations such as Nauru, Samoa, Tonga, and others have an average body mass index of 32 which shows a heavy prevalence of class 1 obesity. In addition to that, the digestive disease has come into the limelight in recent years, especially in high-income countries such as the US. According to a report published in 2021, there were nearly 62 million people in the US afflicted with digestive complications. As a result, the demand for instant tea premixes is enlarging day after day.

Busy lifestyles and Proliferating tea production is expected to boost market demand

The technological breakthroughs have brought such agricultural tools and techniques into existence which have made farming much easier in today's world. As a result, the overall tea production among developing countries is improving year after year. For instance, China’s tea production has reached nearly 2,400,000 tons, whereas, India has over 900,000 tons of annual production. In addition to that, eventful lifestyles of people have gravitated them toward such contemporary alternatives which save a lot of time and possess higher shelf life.

Global Instant Tea Premix Market Challenges

Inattentiveness among people living in deprived areas, extreme weather anomalies, and negatively affected production activities are anticipated to hamper the market growth

People residing in remote parts of the world possess a lack of awareness regarding the existence of such products and it may challenge the growth of the aforementioned market. Also, extreme weather anomalies owing to climate change, global warming, and widespread pollution are anticipated to reduce the yield of the tea crops in foreseeable future. According to NASA's temperature record, Earth in 2021 was about 1.9 degrees Fahrenheit (or about 1.1 degrees Celsius) warmer than the late 19th-century average, the start of the industrial revolution. Last but not least crippled production activities have resulted in a wide gap between demand and supply chains which is derailing the steady growth of the global instant tea premix market.

Global Instant Tea Premix Industry Outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the aforementioned Market. Global Instant Tea Premix market top 10 companies include-

  1. Ajinomoto General Foods
  2. Tata Global Beverages
  3. Keurig Green Mountain
  4. PepsiCo Inc.
  5. Coca-Cola
  6. Nestle Inc.
  7. Wash Bakri Tea
  8. ITO
  9. The Republic of Tea
  10. Dunkin Brands

Recent Developments

  • On November 1, 2021, Georgia, United States-based beverage company Coca-Cola publicized the successful acquisition of the American sports drink company “Bodyarmor SuperDrink.” The beverage giant Coca has made a payment of $5.6 billion to bring the acquisition to a close. Furthermore, the move will help Coca-Cola to seize a noteworthy market share in the sports drink market and compete with firms like PepsiCo acquiring 65-70 percent of the market share alone.
  • On July 27, 2021, Kolkata, India-based renowned tea company “Tata Tea” publicized that it has successfully acquired a London, United Kingdom-based tea company “Tetley” by making use of leveraged buyout. Moreover, Tata Tea had made a payment of $450 million in order to bring the acquisition to a close.
  • On July 15, 2019, New York, United States-based prominent beverage company “PepsiCo” announced that it has successfully acquired Cape Town, South Africa-based Pioneer Foods (a company that operates in food and beverage production) for a lucrative total of $1.70 billion. The transaction has added brands such as Sasko, Ceres, and Safari to PepsiCo’s portfolio.

Relevant Reports:

Tea Tree Oil Market – Forecast (2022 - 2027)

Report Code: FBR 94865

Tea Polyphenols Market – Forecast (2022 - 2027)

Report Code: FBR 57692

Instant Beverages Premix Market – Forecast (2022 - 2027)

Report Code: FBR 21012 

For more Food and Beverage Market reports, please click here

1. Global Instant Tea Premix Market Overview
    1.1 Definitions and Scope
2. Global Instant Tea Premix Market - Executive Summary
3. Global Instant Tea Premix Market– Market Landscape
    3.1 Company Benchmarking- Key Companies
    3.2 Key Company Financial Analysis
    3.3 Market Share Analysis
    3.4 Patent Analysis-Global
    3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Global Instant Tea Premix Market– Startup Company Scenario (Premium)
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital and Funding Scenario
5. Global Instant Tea Premix Market– Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index-Global
    5.3 Case Studies of Successful Ventures
6. Global Instant Tea Premix Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Global Instant Tea Premix Market– By Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Global Instant Tea Premix Market - By Premix Type (Market Size –$Million/$Billion) 
    8.1 Basil
    8.2 Cardamom
    8.3 Ginger
    8.4 Lemon
    8.5 Plain
    8.6 Others
9. Global Instant Tea Premix Market - By Form (Market Size –$Million/$Billion) 
    9.1 Powder
    9.2 Paste
    9.3 Granules
10. Global Instant Tea Premix Market – By Distribution Channel (Market Size –$Million/$Billion) 
    10.1 Offline (Supermarket/Hypermarkets, Convenience stores, and Other Brick and Mortar stores)
    10.2 Online Platforms
11. Global Instant Tea Premix Market – By End User (Market Size –$Million/$Billion) 
    11.1 Households
    11.2 Corporate cafés
    11.3 Foodservice Providers
12. Global Instant Tea Premix Market- By Geography (Market Size -$Million/Billion)
    12.1 North America
        12.1.1 U.S
        12.1.2 Canada
        12.1.3 Mexico  
    12.2 Europe
        12.2.1 Germany
        12.2.2 France
        12.2.3 UK
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 South Korea
        12.3.4 India
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific 
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Chile
        12.4.4 Colombia
        12.4.5 Rest of South America
    12.5 Rest of World
        12.5.1 Middle East
        12.5.2 Africa
13. Global Instant Tea Premix Market- Market Entropy
    13.1 New product launches
    13.2 M&A's, collaborations, JVs and partnerships
14. Global Instant Tea Premix Market– Industry Competition Landscape (Premium)
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key Companies
        14.1.3 Market Share by Countries – Key Companies
    14.2 Competition Matrix
    14.3 Best Practices for Companies
15. Global Instant Tea Premix Market– Key Company List by Country Premium (Premium)
16. Global Instant Tea Premix Market- Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
"*Financials would be provided on a best-efforts basis for private companies*"

LIST OF TABLES

1.Global Key Manufacturers Market 2019-2024 ($M)
1.1 Lipton Market 2019-2024 ($M) - Global Industry Research
1.2 Cafesynapse Market 2019-2024 ($M) - Global Industry Research
1.3 Girnar Market 2019-2024 ($M) - Global Industry Research
1.4 Hot Comfort Market 2019-2024 ($M) - Global Industry Research
1.5 Amar Market 2019-2024 ($M) - Global Industry Research
1.6 Mukti Enterprises Market 2019-2024 ($M) - Global Industry Research
2.Global Market by Type Market 2019-2024 ($M)
2.1 Cardamom Tea Premix Market 2019-2024 ($M) - Global Industry Research
2.2 Ginger Tea Premix Market 2019-2024 ($M) - Global Industry Research
2.3 Masala Tea Premix Market 2019-2024 ($M) - Global Industry Research
2.4 Lemon Tea Premix Market 2019-2024 ($M) - Global Industry Research
2.5 Plain Tea Premix Market 2019-2024 ($M) - Global Industry Research
2.6 Plain Tea Premix Market 2019-2024 ($M) - Global Industry Research
3.Global Key Manufacturers Market 2019-2024 (Volume/Units)
3.1 Lipton Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Cafesynapse Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Girnar Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Hot Comfort Market 2019-2024 (Volume/Units) - Global Industry Research
3.5 Amar Market 2019-2024 (Volume/Units) - Global Industry Research
3.6 Mukti Enterprises Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Market by Type Market 2019-2024 (Volume/Units)
4.1 Cardamom Tea Premix Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Ginger Tea Premix Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Masala Tea Premix Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Lemon Tea Premix Market 2019-2024 (Volume/Units) - Global Industry Research
4.5 Plain Tea Premix Market 2019-2024 (Volume/Units) - Global Industry Research
4.6 Plain Tea Premix Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Key Manufacturers Market 2019-2024 ($M)
5.1 Lipton Market 2019-2024 ($M) - Regional Industry Research
5.2 Cafesynapse Market 2019-2024 ($M) - Regional Industry Research
5.3 Girnar Market 2019-2024 ($M) - Regional Industry Research
5.4 Hot Comfort Market 2019-2024 ($M) - Regional Industry Research
5.5 Amar Market 2019-2024 ($M) - Regional Industry Research
5.6 Mukti Enterprises Market 2019-2024 ($M) - Regional Industry Research
6.North America Market by Type Market 2019-2024 ($M)
6.1 Cardamom Tea Premix Market 2019-2024 ($M) - Regional Industry Research
6.2 Ginger Tea Premix Market 2019-2024 ($M) - Regional Industry Research
6.3 Masala Tea Premix Market 2019-2024 ($M) - Regional Industry Research
6.4 Lemon Tea Premix Market 2019-2024 ($M) - Regional Industry Research
6.5 Plain Tea Premix Market 2019-2024 ($M) - Regional Industry Research
6.6 Plain Tea Premix Market 2019-2024 ($M) - Regional Industry Research
7.South America Key Manufacturers Market 2019-2024 ($M)
7.1 Lipton Market 2019-2024 ($M) - Regional Industry Research
7.2 Cafesynapse Market 2019-2024 ($M) - Regional Industry Research
7.3 Girnar Market 2019-2024 ($M) - Regional Industry Research
7.4 Hot Comfort Market 2019-2024 ($M) - Regional Industry Research
7.5 Amar Market 2019-2024 ($M) - Regional Industry Research
7.6 Mukti Enterprises Market 2019-2024 ($M) - Regional Industry Research
8.South America Market by Type Market 2019-2024 ($M)
8.1 Cardamom Tea Premix Market 2019-2024 ($M) - Regional Industry Research
8.2 Ginger Tea Premix Market 2019-2024 ($M) - Regional Industry Research
8.3 Masala Tea Premix Market 2019-2024 ($M) - Regional Industry Research
8.4 Lemon Tea Premix Market 2019-2024 ($M) - Regional Industry Research
8.5 Plain Tea Premix Market 2019-2024 ($M) - Regional Industry Research
8.6 Plain Tea Premix Market 2019-2024 ($M) - Regional Industry Research
9.Europe Key Manufacturers Market 2019-2024 ($M)
9.1 Lipton Market 2019-2024 ($M) - Regional Industry Research
9.2 Cafesynapse Market 2019-2024 ($M) - Regional Industry Research
9.3 Girnar Market 2019-2024 ($M) - Regional Industry Research
9.4 Hot Comfort Market 2019-2024 ($M) - Regional Industry Research
9.5 Amar Market 2019-2024 ($M) - Regional Industry Research
9.6 Mukti Enterprises Market 2019-2024 ($M) - Regional Industry Research
10.Europe Market by Type Market 2019-2024 ($M)
10.1 Cardamom Tea Premix Market 2019-2024 ($M) - Regional Industry Research
10.2 Ginger Tea Premix Market 2019-2024 ($M) - Regional Industry Research
10.3 Masala Tea Premix Market 2019-2024 ($M) - Regional Industry Research
10.4 Lemon Tea Premix Market 2019-2024 ($M) - Regional Industry Research
10.5 Plain Tea Premix Market 2019-2024 ($M) - Regional Industry Research
10.6 Plain Tea Premix Market 2019-2024 ($M) - Regional Industry Research
11.APAC Key Manufacturers Market 2019-2024 ($M)
11.1 Lipton Market 2019-2024 ($M) - Regional Industry Research
11.2 Cafesynapse Market 2019-2024 ($M) - Regional Industry Research
11.3 Girnar Market 2019-2024 ($M) - Regional Industry Research
11.4 Hot Comfort Market 2019-2024 ($M) - Regional Industry Research
11.5 Amar Market 2019-2024 ($M) - Regional Industry Research
11.6 Mukti Enterprises Market 2019-2024 ($M) - Regional Industry Research
12.APAC Market by Type Market 2019-2024 ($M)
12.1 Cardamom Tea Premix Market 2019-2024 ($M) - Regional Industry Research
12.2 Ginger Tea Premix Market 2019-2024 ($M) - Regional Industry Research
12.3 Masala Tea Premix Market 2019-2024 ($M) - Regional Industry Research
12.4 Lemon Tea Premix Market 2019-2024 ($M) - Regional Industry Research
12.5 Plain Tea Premix Market 2019-2024 ($M) - Regional Industry Research
12.6 Plain Tea Premix Market 2019-2024 ($M) - Regional Industry Research
13.MENA Key Manufacturers Market 2019-2024 ($M)
13.1 Lipton Market 2019-2024 ($M) - Regional Industry Research
13.2 Cafesynapse Market 2019-2024 ($M) - Regional Industry Research
13.3 Girnar Market 2019-2024 ($M) - Regional Industry Research
13.4 Hot Comfort Market 2019-2024 ($M) - Regional Industry Research
13.5 Amar Market 2019-2024 ($M) - Regional Industry Research
13.6 Mukti Enterprises Market 2019-2024 ($M) - Regional Industry Research
14.MENA Market by Type Market 2019-2024 ($M)
14.1 Cardamom Tea Premix Market 2019-2024 ($M) - Regional Industry Research
14.2 Ginger Tea Premix Market 2019-2024 ($M) - Regional Industry Research
14.3 Masala Tea Premix Market 2019-2024 ($M) - Regional Industry Research
14.4 Lemon Tea Premix Market 2019-2024 ($M) - Regional Industry Research
14.5 Plain Tea Premix Market 2019-2024 ($M) - Regional Industry Research
14.6 Plain Tea Premix Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
2.Canada Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
3.Mexico Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
4.Brazil Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
5.Argentina Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
6.Peru Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
7.Colombia Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
8.Chile Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
10.UK Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
11.Germany Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
12.France Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
13.Italy Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
14.Spain Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
16.China Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
17.India Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
18.Japan Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
19.South Korea Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
20.South Africa Global Instant Tea Premix Market Revenue, 2019-2024 ($M)
21.North America Global Instant Tea Premix By Application
22.South America Global Instant Tea Premix By Application
23.Europe Global Instant Tea Premix By Application
24.APAC Global Instant Tea Premix By Application
25.MENA Global Instant Tea Premix By Application