Top 30 Companies in Global Tea Market 2025: Strategic Overview And Future Trends (2024–2035)
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Tea Market Size is projected to Grow from USD 54.39 Billion in 2024 to USD 116.12 Billion by 2035, at a CAGR of 7.14% during the forecast period 2025–2035. The rising demand for reasonably priced, high-quality beverages, increased knowledge of the health advantages of tea, and the ongoing development of digital sales channels are the main drivers of this rise in the global tea market.
Introduction
Tea is a drink made by steeping dried leaves from the Camellia sinensis plant in hot water. It is one of the most commonly consumed beverages around the world and is known for making people feel more alert due to its caffeine content. Tea is very popular because it contains antioxidants and minerals, such as potassium, calcium, magnesium, and manganese, which make it a healthy beverage. Regular tea consumption is linked to supporting the body by counteracting the damaging effects of free radicals. Both black and green tea contain potentially beneficial components, which support heart health. The global tea market is expanding in part due to more people using online tea shops and memberships, a rise in tea cafes and specialty tea shops, campaigns promoting tea for the immune system, and increased interest in tea-based cocktails and advances in tea mixing. Some varieties of tea are popular for promoting age support and health support to counter diabetes. There are four types of tea, which include oolong, white, black, and green.
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Tea Market Size & Statistics
- The Market Size for Tea Was Estimated to be worth USD 54.39 Billion in 2024.
- The Market Size is going to expand at a CAGR of 7.14% between 2025 and 2035.
- The Global Tea Market Size is anticipated to reach USD 116.12 Billion by 2035.
- Asia Pacific is expected to have the highest share of the global tea market over the forecast period.
- North America is anticipated to grow at the fastest rate in the global tea market over the forecast period.
Regional growth and demand
Asia Pacific is expected to have the highest share of the global tea market over the forecast period.
In the Asia-Pacific area, which includes China, India, and Japan, black tea is expected to be in high demand due to its widespread acceptability and reasonable prices when compared to other segments. Consumers' rising interest and understanding of health issues may promote the tea business. Taste and flavor enhancements in packaging will open up new economic opportunities for local markets. The brand's consumption appeals to Gen Z and Millennials because of its ongoing innovation, such as its numerous themed tastes.
North America is anticipated to grow at the fastest rate in the global tea market over the forecast period. The tea market in North America, which includes both America and Canada, has grown significantly in recent years. Tea's numerous health benefits make it ideal for clients looking for healthier beverage options. The neighborhood has seen a growth in specialty tea shops, ready-to-drink teas, and unique tea blends. Furthermore, aromatic and natural teas are gaining popularity and attracting people who are not traditional tea drinkers.
Top 10 Trends in the Tea Market
- Health & Wellness Focus
- Cold Brew Tea
- Sustainable Sourcing
- Creative Presentation and Packaging
- Teas with Herbs and Flowers
- Growth of Boba and Bubble Tea
- Tea and Food Pairings
- Flavored and Infused Teas
- Global Tea Inspirations
- Matcha & “Instagrammable” Teas
1. Health & Wellness Focus
Teas marketed as health beverages are gaining popularity, as numerous restaurants highlight herbal infusions known for their detox, stress reduction, and digestive advantages. Health and wellness will remain a focus for numerous consumers, so the need for wellness teas is anticipated to continue. Continuous studies on herbal solutions and functional beverages suggest a promising and enduring future for health-oriented teas
2. Cold Brew Tea
Cold brew tea has arisen as a refreshing alternative to classic iced tea, with a gentle flavor profile that lacks the bitterness seen in hot-brewed tea. With rising consumer demand for iced drinks and healthy beverages, it is easy to forecast that cold brew tea will remain popular, even if people discover new things to drink. Its particular flavor profile and ability to develop interesting variations are further reasons for its long-term appeal.
3. Sustainable Sourcing
Sustainable tea sourcing emphasizes ethical practices throughout the production chain so that the tea is of good quality, good for the environment, and socially responsible. As the global trend towards sustainable eating continues to expand, sustainable sourcing is predicted to stay a significant focus for the industry. Consumers want transparency in their food supply, and this trend is expected to continue.
4. Creative Presentation and Packaging
Tea offerings from restaurants are becoming more aesthetically pleasing and Instagram-worthy because of innovative packaging and presentation strategies. The current trend of creative packaging and presentation is likely to last as social media continues to influence people’s dining preferences. Restaurants will continue to be creative to differentiate themselves from other establishments to increase the visual appeal of their offerings.
5. Teas with Herbs and Flowers
Herbal and floral teas have become trendy because of their potential health benefits and aromatic properties. These caffeine-free, herbal-infused beverages are showing up more on restaurant menus as soothing alternatives. Because of growing interest in natural remedies and holistic wellness, herbal and floral teas may continue to attract health-minded customers. To the degree that these beverages align with the wellness trend, they will be poised for long-term popularity.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the tea market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 25 Companies Leading the Tea Market
- Unilever Plc.
- Nestle S.A.
- Tata Consumer Food Limited
- Associated British Foods plc
- Barry's Tea
- Hain Celestial Group Inc.
- ITO EN, LTD
- TAETEA
- Peet’s Coffee & Tea
- Dilmah Ceylon Tea Company PLC
- Bigelow Tea
- Kusmi Tea
- PepsiCo
- Bettys & Taylors of Harrogate Ltd
- Caraway Tea
- Harris Freeman
- The Republic of Tea
- DAVIDs Tea
- Tea Forte
- Starbucks
- RC Bigelow Inc
- Taiwan Tea Corporation
- Apeejay Surrendra Group
- Ekaterra
- McLeod Russel India Limited
- Others
1. Unilever Plc.
Headquarters: London, United Kingdom
With a wide variety of food, drink, personal care, and home care goods, Unilever is one of the top FMCG food corporations. Premium handcrafted teas, including black, green, and white teas, are available from tea brands like Lipton and Brooke Bond Taj Mahal. The company does geospatial analysis and corrects a small risk of commodity-driven deforestation for big, uncertified tea estates.
2. Tata Consumer Food Limited
Headquarters: Mumbai, India
Famous brands like Tetley and Tata Tea are owned by the consumer goods corporation Tata Consumer Products. The company's dedication to being a top food and beverage company is demonstrated by the expansion of its product line to include packaged foods, snacks, and water under well-known names like Himalayan, Tata Copper, Ching's, and Sampann, among others.
3. Associated British Foods plc
Headquarters: London, United Kingdom
Associated British Foods is a large multinational company in food, ingredients, and retail that employs 133,000 people, has a presence in 55 countries, and reported sales of £19.8 billion. Their famous tea brand, Twinings, sells black tea, green tea, matcha, herbal teas, and fruit-based cold infusions. They are also selling tea from Assam and Darjeeling all over the world.
4. Barry's Tea
Headquarters: Cork, Ireland
The company is recognized for providing impressive Irish tea varieties. The company has gold blend, master blend, original blend, and decaf blend in its product output. The company continues its excellent tradition and commitment to quality and sustainability, introducing some blends or creative packaging to be more environmentally thoughtful and responsible.
5. ITO EN, LTD
Headquarters: Tokyo, Japan
As a world leader in green tea production, the company sells a variety of goods, including Matcha green tea, green tea powder, and unsweetened green tea. This corporation is the parent of the well-known green tea brand Oi Ocha. To guarantee product safety from product design, raw materials, and packaging to manufacture and distribution, the company has put in place a strict quality control system.
Are you ready to discover more about the Tea market?
The report provides an in-depth analysis of the leading companies operating in the global tea market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Unilever Plc.
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Nestlé S.A.
- Tata Consumer Food Limited
- Associated British Foods plc
- Barry's Tea
- Hain Celestial Group Inc.
- ITO EN, LTD
- TAETEA
- Peet’s Coffee & Tea
- Others
Conclusion
The global tea market is expected to expand due to rising health consciousness, premiumization, sustainable sourcing, and shifting customer preferences. North America, being a rapidly expanding market and Asia Pacific leading consumption, is solidifying its status as a traditional and cutting-edge beverage option. In the upcoming years, it is anticipated that businesses that make investments in eco-friendly operations, wellness-focused goods, digital sales platforms, and innovative taste combinations will gain a sizable portion of the market. Maintaining leadership and seizing new possibilities in this dynamic and growing sector will need smart alliances, product diversification, and an emphasis on the customer experience as competition heats up.
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