As per our research report, the Europe Tea Market size is estimated to be growing at a CAGR of 5.75% from 2024 to 2030.
The beverage recognized as tea originates from the Camellia Sinensis plant and holds a prominent position as one of the most widely consumed beverages globally, second only to water. Black tea and green tea are predominantly favored, with herbal tea increasingly gaining traction in various regions. Renowned for its health benefits, tea is rich in potent antioxidants and essential minerals, including potassium, manganese, magnesium, and calcium. Regular tea consumption aids in reducing cell damage caused by free radicals and promotes weight loss. The presence of flavonoids and phytochemicals in tea enhances various functions of the human body.
The demand for tea is witnessing an upsurge, driven by its acknowledged health benefits and a growing consciousness regarding the adverse effects of carbonated beverages. Tea contains flavonoids, antioxidants, and phytochemicals, which contribute to improving various bodily functions. The increasing recognition of tea's advantages for individuals managing conditions such as arthritis, cardiovascular diseases, and hypertension is expected to stimulate market growth in the coming years.
In the country, the demand for green tea and herbal tea is burgeoning, propelled by aggressive marketing campaigns highlighting the health benefits of tea consumption. Tea consumption enhances blood flow in the body by dilating key arteries and reducing clotting risks, thus lowering the likelihood of heart attacks. Its high capacity to absorb oxygen radicals in the human body aids in neutralizing harmful free radicals. These health benefits associated with tea consumption are driving its demand in the country.
However, the rising trend of coffee consumption poses a potential challenge to market expansion. Fluctuating prices of raw materials due to unpredictable climatic conditions may impede market growth in the future. Nonetheless, increasing investments in research and development for innovative tea flavors and varieties present significant opportunities for market players.
The European tea market has experienced substantial disruptions due to the COVID-19 pandemic, leading to supply chain interruptions resulting in shortages in some regions and surpluses in others. Changes in consumption patterns have fueled a heightened demand for loose-leaf and specialty teas, while the closure of tea shops and cafes has contributed to an overall decline in sales. Moreover, export markets for tea have been affected, with certain countries witnessing a decrease in demand.
KEY MARKET INSIGHTS:
Leaf Tea
CTC Tea
Black Tea
Green Tea
Herbal Tea
Other Types
Hypermarket/Supermarket
Specialist Retailers
Convenience Stores
Online Retailers
Other Channels
Spain
United Kingdom
France
Germany
Italy
Rest of Europe
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