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Tea Market Size, Share, Forecast 2021-2027

Aug 02, 2021

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Food

priyanka avhad

A study, recently conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global tea market was worth USD22.4 Billion in the year 2020. It is estimated to grow at the CAGR of 4.5%, earning revenue of around USD30.3 Billion by the end of 2027.Tea- the world’s most popular beverage, is manufactured from the leaves of the Camellia Sinens is plant. 

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The global tea market was worth USD22.4 Billion in 2020 and is further projected to reach USD30.3 Billion by 2027, at a CAGR of 4.5% during 2021-2027 (forecast period).