According to the latest report by IMARC Group, titled “Organic Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, the global organic tea market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global organic tea market to grow at a CAGR of around 8% during 2021-2026.
Organic tea refers to a beverage free from artificial materials, such as pesticides, chemical fertilizers, fungicides, herbicides, etc. It relies on natural processing methods, including composting, crop rotation, sticky bug catchers, etc. Since organic tea boosts immunity, protects against cardiovascular diseases, neutralizes free radicals, etc., the growing consumer health consciousness is positively influencing the demand for organic tea worldwide.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
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Global Organic Tea Market Trends:
The increasing consumer inclination towards safe, healthy, and chemical-free consumable items, is primarily driving the organic tea market growth. Furthermore, organic tea cultivation relies on ecological processes and biodiversity, which keeps the soil fertile and rich and promotes plant biodiversity. Moreover, favorable government initiatives to encourage the adoption of sustainable agricultural practices through various incentives and subsidies are also propelling market growth. Additionally, the introduction of ready-to-drink variants and innovative packaging using biodegradable outer packages to minimize the carbon footprints are anticipated to further strengthen the global market for organic tea in the coming years.
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Global Organic Tea Market 2021-2026 Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Breakup by Product:
Breakup by Taste:
Breakup by Form:
Breakup by Distribution Channel:
Breakup by Region:
Key highlights of the Report:
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