North American tea bag market was valued at around $3.2 billion in 2018 and is further estimated to grow at a CAGR of 4.6% during the forecast period. The market in North America is growing due to the increasing demand for unadulterated organic tea-based products, such as green tea. The US and Canada have been analyzed in the North American tea bag market. Among these two countries, the US is the leading importer in the North American tea bag industry. 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.
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 tea bag market.
There are several companies offering tea bags; some major players of this market include Tata Global Beverages, R.Twining and Co., Ltd., The Republic of Tea, Inc., Nestle, Starbucks Corp., Unilever Group, and Associated British Foods PLC.
Research Methodology
The market study of the North American tea bag market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include
The report is intended for tea manufactures and private companies for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. North American Tea Bag Market by Type
5.1.1. Green Tea
5.1.2. Black Tea
5.1.3. Oolong Tea
5.1.4. Herbal Tea
6. Regional Analysis
6.1. United States
6.2. Canada
7. Company Profiles
7.1. AMORE Pacific Corp.
7.2. Arbor Tea (New World Tea, LLC)
7.3. Associated British Foods PLC
7.4. Barry's Tea
7.5. Celestial Seasonings, Inc.
7.6. Ceylon Organics, Ltd.
7.7. ITO EN (North America) Inc.
7.8. Tata Global Beverages
7.9. Nestlé S.A.
7.10. Numi Inc.
7.11. R.Twining and Co., Ltd.
7.12. The Republic of Tea, Inc.
7.13. Starbucks Corp.
7.14. The Hain Celestial Group, Inc.
7.15. Townshend's Tea Co.
7.16. Unilever Group
1. NORTH AMERICAN TEA BAG MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. NORTH AMERICAN TEA BAG MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
1. NORTH AMERICAN TEA BAG MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. NORTH AMERICAN TEA BAG MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
3. US TEA BAG MARKET SIZE, 2018-2025 ($ MILLION)
4. CANADA TEA BAG MARKET SIZE, 2018-2025 ($ MILLION)