India Tea Market (2023-2029) | Revenue, Growth, Industry, Analysis, Size, Companies, Trends, COVID-19 IMPACT, Forecast, Share & Value

India Tea Market Highlights

Report Name	India Tea Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth Rate	5.99%
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Type, By Packaging, By Distribution Channel, By Application
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

Topics Covered in the India Tea Market

India Tea Market report thoroughly covers the market by type, by packaging, by distribution channel, and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Tea Market Synopsis

India Tea Market is anticipated to gain momentum in the country in the coming years due to various drivers such as, increasing consumer base in urban areas and growing green tea consumption with a growing health awareness. Tea has deep cultural roots in the country and is a staple beverage for many Indians. The tradition of chai (spiced tea) is a prominent driver, with tea being consumed at homes, offices, and roadside stalls across the country. Growing population facilitates a substantial consumer base for tea products.

According to 6Wresearch, the Tea Market size in India is estimated to secure a growth rate of 5.99% and will reach US$ 18.2 Billion during the forecast period 2023-2029. Increasing Demand for Organic Tea is a prominent driver as the growing health awareness among consumers has led to an increase in demand for organic and natural products, such as tea leaves without any added preservatives or chemicals. This has encouraged companies operating in the sector to launch new flavors and varieties of organic teas with flavors like oolong, green etc., thus driving up sales volumes significantly in recent years. The increasing preference for convenience and rise in single households have resulted in higher consumption of easy-to-prepare food items such as ready-to-drink (RTD) beverages including tea packets or sachets that are easily available from grocery stores or online platforms. This trend is consequently boosting revenue generation within the industry across all segments including black & green retail teas, RTD Teas & Herbal Teas amongst others, contributing to the India Tea Market growth.

COVID-19 influence on the India Tea Market

The COVID-19 pandemic had a significant impact on the India Tea Market which is a part of the Asia Pacific Tea Market. The pandemic affected various aspects of the tea market, leading to both challenges and opportunities. Lockdowns, travel restrictions, and labor shortages had impacted the harvesting and processing of tea leaves. This resulted in a temporary decrease in tea production and affected the livelihoods of tea workers in the country. On the other hand, the market was seen growing during the pandemic. With people staying at home more, there was a high demand for packaged tea for at-home consumption. Consumers started consuming different types of teas, include herbal and specialty varieties, as they sought to boost their immunity and overall well-being during the health crisis. This shift in consumer preferences had opened new opportunity’s corridors for tea producers to expand their product offerings.

Government Initiatives introduced in the India Tea Market

Indian tea market report shows a tremendous growth supported by the government initiatives. One of the significant is the allocation of relief packages to support tea workers and small tea growers to cope up with the economic hardships. The government has also introduced campaigns to encourage the tea consumption as a healthy beverage. Furthermore, the government focuses on enhancing the standards and quality of Indian tea to improve its competitiveness worldwide. To maintain the safety and hygiene standards in tea processing units, various efforts and steps have taken by the government through the launching of tea quality standards. These are some measures taken by the government that are creating opportunities for the market growth, including tea market in the country.

Key Players of the India Tea Market

Key players operating within this space include:

• Tata Global Beverages Ltd.
• HindustanUnilever Limited
• McLeod Russel India Ltd.
• Goodricke Group Ltd.
• GirnarFoods Pvt Ltd.
• Amalgamated Plantations Pvt Ltd
• WaghBakri Tea Group
• Jay ShreeTea& Industries ltd
• Assam Company India Limited etc.

Market Analysis by Type

According to Nitesh Kumar, Research Manager, 6Wresearch, black tea has a high demand in the market and currently dominating India tea market share owing to, this has been a traditional choice of the consumers, nevertheless, other tea consumption is also on the rise, such as green tea due to increasing health awareness.

Market Analysis by Distribution Channel

Based on the distribution channel, while supermarkets/hypermarkets and specialty stores continue to be traditional preferable modes to purchase tea in the country. On the other side, online stores are also gaining momentum with the changing consumer shopping habits.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Tea Market Outlook
• Market Size of India Tea Market, 2022
• Forecast of India Tea Market, 2029
• Historical Data and Forecast of India Tea Revenues & Volume for the Period 2019 - 2029
• India Tea Market Trend Evolution
• India Tea Market Drivers and Challenges
• India Tea Price Trends
• India Tea Porter's Five Forces
• India Tea Industry Life Cycle
• Historical Data and Forecast of India Tea Market Revenues & Volume By Type for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Green Tea for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Black Tea for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Oolong Tea for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Fruit/Herbal Tea for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Packaging for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Plastic Containers for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Loose Tea for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Paperboards for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Aluminum Tins for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Tea Bags for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Supermarkets/Hypermarkets for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Specialty Stores for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Convenience Stores for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Online Stores for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Application for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Residential for the Period 2019 - 2029
• Historical Data and Forecast of India Tea Market Revenues & Volume By Commercial for the Period 2019 - 2029
• India Tea Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Packaging
• Market Opportunity Assessment By Distribution Channel
• Market Opportunity Assessment By Application
• India Tea Top Companies Market Share
• India Tea Competitive Benchmarking By Technical and Operational Parameters
• India Tea Company Profiles
• India Tea Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Type

• Green Tea
• Black Tea
• Oolong Tea
• Fruit/Herbal Tea
• Others

By Packaging

• Plastic Containers
• Loose Tea
• Paperboards
• Aluminum Tins
• Tea Bags

By Distribution Channel

• Supermarkets/Hypermarkets
• Specialty Stores
• Convenience Stores
• Online Stores
• Others

By Application

• Residential
• Commercial