The global Peppermint Tea market garnered revenue around USD 334.6 Million in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 16.2% throughout the estimate period from 2020 to 2027.
The food & beverages sector has witnessed major developments over the past decade, particularly in niche flavors and product segment. Over the past decade, due to evolving consumer preferences, engaging branding & marketing strategies deployed by brands and increasing interest in exploring new products have paved the way for a range of new beverages and food products to enter the market. The popularity of tea continues to rise worldwide and as per current trends, tea is also gaining popularity among consumers in traditionally non-tea drinking nations. With the tea wave likely to continue for several years to come, fusion tea flavors such as peppermint tea have garnered considerable popularity for a range of factors.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Peppermint Tea market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Peppermint Tea market growth.
The global Peppermint Tea market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
• Associated British Foods plc
• Tata Consumer Products
• Unilever N.V.
• The Hain Celestial Group
• Orientis Gourmet SAS, R.C. Bigelow Inc.
• Dilmah Ceylon Tea Co. Plc
• Yamamotoyama Co. Ltd
• Harney & Sons Tea Company
• The Republic of Tea
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Peppermint Tea Market: Segmentation
Peppermint Tea Market, by Product Type
• Unblended Peppermint Tea
• Blended Peppermint Tea
Peppermint Tea Market, by Tea Type
• Processed
• Organic
Peppermint Tea Market, by Packaging Type
• Loose Tea
• Tea Bag
• Others
Peppermint Tea Market, by Price Category
• Mass
• Premium
Peppermint Tea Market, by Consumption
• Home
• Out of Home
o Workplace
o Cafes/Coffee Shops
o Hotels & Restaurants
o Others
Peppermint Tea Market, by Distribution Channel
• Online
o e-Commerce Websites
o Company Owned Websites
• Offline
o Hypermarkets & Supermarkets
o Convenience & Retail Stores
o Others
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
• North America
? U.S.
? Canada
• Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
• Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
• Central & South America
? Brazil
? Argentina
? Rest of Central & South America
• Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA
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