US black tea market is estimated to grow at a CAGR of around 4% during the forecast period. The tea market is highly competitive in the US. It is comprised of a few US-based tea growers and several importers from almost every tea producing countries, such as China, India, and Japan. However, still very small […]
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UK black tea market is estimated to grow at a CAGR of around 6% during the forecast period. Tea has been consumed in the region due to their health benefits. These include improved brain function, fat loss, a lower risk of cancer and many others. Further, growing awareness regarding tea benefits for patients suffering from […]
North American tea and tea-based beverages market was valued at around $11.7 billion in 2018, which is further estimated to reach around $16.6 billion in 2025 at a CAGR of 5.0% during the forecast period. The market in North America is growing due to the increasing demand for unadulterated organic tea-based products, such as green […]
LAMEA black tea market was valued at around $3.1 billion in 2018, which is further estimated to reach around $4.6 billion in 2025 at a CAGR of 6.1% during the forecast period. Brazil is considered as one of the countries with a significant consumption and production of coffee and tea in Latin America. With the […]
Kenya black tea market is estimated to grow at a CAGR of 5.7% during the forecast period. Kenya is one of the major exporters of tea to the US. As per the United States Agency for International Development (USAID), in 2016, the US imported nearly $26 million in tea products from Kenya, which makes it […]
Indian black tea market is estimated to grow at a CAGR of around 7% during the forecast period. As per Tea Board of India, India is the 2nd largest producer of tea and the largest tea consumer all across the globe. Approximately 70-80% of the tea produced in the country is consumed by the domestic […]
LAMEA tea and tea-based beverages market was valued at around $4.9 billion in 2018, which is further estimated to reach around $7.2 billion in 2025 at a CAGR of 5.7% during the forecast period. Brazil is considered as one of the countries with a significant consumption and production of coffee and tea in Latin America. […]
The global black tea market is forecast to reach $41.1 billion in 2025 from $28.4 billion in 2018 at a CAGR of 5.4% during the forecast period. Black tea is mainly consumed in Asia-Pacific countries such as India, China and so on. Moreover, in the US, around 85% of the total consumption in the US […]
Hybrid cloud is an integrated cloud service that performs various functions within an organization by utilizing a private cloud and a public cloud together. In a hybrid cloud environment, some computing resources are managed internally and others are managed by a third party. The concept of a community cloud concept is similar to that of […]
European black tea market was valued at around $5.4 billion in 2018, which is further estimated to reach around $7.9 billion in 2025 at a CAGR of 5.4% during the forecast period. The major economies including UK, Germany, Italy, Spain, France, and the Rest of Europe (RoE) are significantly contributing to the growth of the […]