Herbal Tea Market Growth Analysis by 2031
Herbal Tea Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 4.15 Billion |
Market Size by 2031 | US$ 6.18 Billion |
Global CAGR (2025 - 2031) | 6.1% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Herbal Tea Market News and Recent Developments
The herbal tea market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the key developments in the herbal tea market are as follows:
- In September 2024, Bigelow Tea announced the groundbreaking of its new state-of-the-art facility located at Blankenbaker Road in Louisville, Kentucky. The ceremony, which took place at the site at 2706 Blankenbaker Road on September 9, 2024, marked the commencement of construction on this significant project. (Source: Bigelow Tea, Company Website, September 2024)
- TKO Miller announced that SBJ Capital, a private investment firm, has partnered with the management team of Rishi Tea & Botanicals ("Rishi"), a leading branded specialty and organic tea and botanicals producer. (Source: TKO Miller, Press Release, February 2023)
Herbal Tea Market Report Coverage and Deliverables
The "Herbal Tea Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Herbal tea market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Herbal tea market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter's Five Forces and SWOT analysis
- Herbal tea market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the herbal tea market
- Detailed company profiles