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 […]
Category Archives: Food & Beverages
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 […]
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 […]
China black tea market is estimated to grow at a CAGR of around 6% during the forecast period. China is the largest producer and consumer of tea all across the globe. Due to this, the region has the largest market share during the forecast period. China is the largest tea producer globally. As per the […]
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 […]
Asia-Pacific black tea market was valued at around $12.2 billion in 2018, which is further estimated to reach around $18 billion in 2025 at a CAGR of 5.8% during the forecast period. Asia-Pacific is the largest producer and consumer of tea all across the globe. Due to this, the region has the largest market share […]
The global protein supplements market is projected to exhibit a significant growth, at a CAGR of around 7.0%, during the forecast period. The demand for protein supplements is continuously increasing across the globe due to the rising consciousness amongst public related to health. The increasing trend for physical exercise has significantly stimulated the market growth […]
The global meat stabilizers blends market is projected to exhibit a significant growth, at a CAGR of around 7.5%, during the forecast period. The global meat consumption has been tripled in the last four decades and increased 20% in just the last 10 years, as per the World Watch Institute. Urbanization is also one of […]