LAMEA Black Tea Market Growth, Size, Share, Industry Report and Forecast 2019-2025


Posted August 20, 2020 by mansi3210

LAMEA Black Tea Market Size, Share and Trends Analysis Report by Format , and by Nature and Forecast, 2019-2025
 
LAMEA black tea market was valued at around $3.1 billion in 2018, which is further estimated to reach around $4.6 billion in 2025 at a CAGR of 6.1% during the forecast period. Brazil is considered as one of the countries with a significant consumption and production of coffee and tea in Latin America. With the growing health and wellness concerns, the Brazilian consumers' decisions to buy tea are based on their antioxidant and other beneficial properties, which in turn, is likely to increase consumption of tea in the country. Further, Kenya is one of the major exporters of tea to the US. As per the United States Agency for International Development (USAID), in 2016, the US imported nearly $26 million in tea products from Kenya, which makes it the eleventh greatest importer to the US market. Kenya differentiates itself from other tea producing nations by handpicking more than 90% of its tea, which provides higher quality to their tea products.

Request a Free Sample of our LAMEA Black Tea Market: https://www.omrglobal.com/request-sample/lamea-black-tea-market

Kenya primarily exports black tea, which is the most preferred kind of tea in the US. As per the Agriculture and Food Authority (AFA), in November 2018, the emerging markets that recorded higher tea imports from Kenya include Bangladesh, South Africa, Nigeria, Turkey, Canada, Japan, and Germany. However, in African regions, including Kenya, Somalia, and Ethiopia, there is a growing concern of drought, which will impact the agricultural production and affects the pricing of agricultural products, which in turn, may also restrict the market growth in Kenya.

A full Report of LAMEA Black Tea Market is Available at: https://www.omrglobal.com/industry-reports/lamea-black-tea-market

LAMEA Black Tea Market Segmentation

By Format

• Ready-to-Drink
• Loose Tea Powder
• Tea Bags

By Nature

• Organic
• Conventional

Regional Analysis

• Brazil
• Argentina
• UAE
• Kenya
• South Africa
• Nigeria
• Rest of LAMEA

Company Profiles

• Associated British Foods PLC
• Bettys & Taylors Group Ltd.
• Kenya Tea Packers (KETEPA), Ltd.
• McLeod Russel India, Ltd.
• Nestlé S.A.
• Organic India Pvt. Ltd.
• R.Twining and Co., Ltd.
• Starbucks Corp.
• Tata Global Beverages
• Unilever Group

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/lamea-black-tea-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit Orion Market Research

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +91 7803040404
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Mansi Jain
Phone 07803040404
Business Address Orion Market Research Pvt Ltd
305-308, Commerce House,
Country India
Categories Business , Food , Technology
Tags food beverage , market analysis , market forecast , market research
Last Updated August 20, 2020