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Herbal Tea Market By Type, By Application, By Geographic Scope And Forecast

The report predicts the global herbal tea market to grow with a CAGR of 4.5% over the forecast period of 2021-2027.<br>

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Herbal Tea Market By Type, By Application, By Geographic Scope And Forecast

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  1. Title: Herbal Tea Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2027 Keywords: Herbal Tea Market Description: The report predicts the global herbal tea market to grow with a CAGR of 4.5% over the forecast period of 2021-2027. Market Overview Global Herbal Tea Market is estimated to be valued at USD 4,226.9 Million by 2027, registering a CAGR of 4.94% during the forecast period. Herbal tea refers to the mixture of dried leaves, seeds, grasses, nuts, barks, fruits, flowers, or other botanical elements that provide taste and various health benefits. Herbal tea may consist of a single ingredient or a blend of several herbal ingredients. Asia-Pacific was the largest market for herbal tea in 2021, and the region is expected to continue to dominate the global market during the review period. Tea being the popular beverage in this region traditionally followed by increasing health-conscious population is leading to increased sales of herbal tea. China is the major consumer of herbal tea across the globe. Competitive Landscape Market Research Future recognizes Tata Global Beverages Limited (India), Unilever PLC (UK), Organic India Pvt. Ltd. (India), The Hain Celestial Group, Inc. (US), Associated British Foods PLC (UK), Barry's Tea (Ireland), Apeejay Surrendra Group (India), Dilmah Ceylon Tea Company PLC (Sri Lanka), Harney & Sons (US), and Adagio Teas (US) as the Key Players in the Global Herbal Tea Market. Market Segmentation The Global Herbal Tea Market has been segmented on the basis of Type, Function, Form, Distribution Channel, and Region. By Type, the market has been divided into cinnamon, dandelion, chamomile, ginger, turmeric, blends, and others. The blends segment accounted for the largest market share in 2018 and is projected to exhibit the highest CAGR during the forecast period. The demand for blends of herbal tea is high, owing to the multiple health benefits offered by the combination of two or more herbs. Moreover, the availability of herbal tea blends is exceptionally high in both developed and developing economies. By Function, the market has been segmented into cognitive health, gut & digestive health, multifunctional, and others. The multifunctional segment accounted for the highest market share and is estimated to be the fastest-growing segment during the forecast period. Owing to multiple health benefits associated with a single product, this segment is in high demand among the consumers. Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/herbal-tea-market-5420 Regional Analysis Geographically, the global herbal tea market has been segregated into North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, Asia-Pacific accounted for the

  2. dominant share of the global market in 2021, with China being the major consumer of herbal tea. However, North America's herbal tea market is projected to exhibit the highest CAGR during the forecast period. The US is a major market for tea in North America. Europe is a lucrative market for manufacturers of herbal tea. The regional market accounted for a 36.70% market share in 2021. The Middle Eastern herbal tea market is projected to be the fastest-growing in the rest of the world during the forecast period with the market in the UAE driving growth. NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details. About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com Herbal Tea Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2027

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