Market Overview
Global Functional Tea Market is projected to be valued at USD 12,942.3 Million by 2027, expanding at a CAGR of 6.15% during the forecast period. Functional tea is a beverage that is infused with healthy, functional ingredients.
Such types of teas are intended to provide additional health benefits. The consumption of functional tea is increasing worldwide due to its medicinal properties, followed by a pleasant flavor, and mildly stimulating effects.
The growth of the global functional tea industry is driven by the high demand for functional beverages and several flavor variants. The increasing demand for organic products worldwide is also expected to offer a lucrative opportunity to market players in the coming years.
Competitive Landscape
Market Research Future recognizes Tata Global Beverages Limited (India), Unilever PLC (UK), The Hain Celestial Group, Inc. (US), Dilmah Ceylon Tea Company PLC (India), Associated British Foods PLC (UK), Organic India Pvt. Ltd (India), Barry's Tea (Ireland), Harney & Sons (US), Numi Inc. (US), and Godrej Group (India) as the Key Players in the Global Functional Tea Market.

Market Segmentation
Global Functional Tea industry has been segmented on the basis of Type, Form, Function, Distribution Channel, and Region.
By type, the market has been divided into green tea, herbal tea, and others. The green tea segment accounted for the maximum market share in 2021, and the same segment is expected to register the highest CAGR of 6.25% during the forecast period.
Green tea has a subtle, delicate flavor and less caffeine than fermented tea. It is also beneficial to health since non-fermented leaves retain a higher concentration of natural vitamins and polyphenols than fermented leaves.
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Regional Analysis
Geographically, the global functional tea industry has been categorized as North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, Europe dominated the market, accounting for the largest share in 2021.
Asia-Pacific functional tea market is projected to register the highest CAGR of 6.44% during the forecast period.
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