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 market. The market in Europe is driven by growing awareness regarding the health benefits associated with tea consumption. Further, growing awareness regarding tea benefits for patients suffering from cardiovascular diseases, and high blood pressure are some of the major factors increasing the demand for tea in the region.
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Tea is one of the oldest beverages, and it is made by soaking the dried tea leaves in water. The high level of caffeine in coffee is the reason due to which people prefer tea. There are various health benefits of tea such as; tea contain antioxidants and tea can reduce the risk of heart attack and stroke. Additionally, tea lower cholesterol levels by 32%. The European black tea market is segmented on the basis of format and nature. Furthermore, based on format, it is divided into ready-to-drink (RTD), loose tea powder, and tea bags. Moreover, based on nature, it is sub-segmented into organic and conventional.
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Market Segmentation
European Black Tea Market by Format
- Ready-to-Drink
- Loose Tea Powder
- Tea Bags
European Black Tea Market by Nature
- Organic
- Conventional
Regional Analysis
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Company Profiles
- Alkaloid AD Skopje
- Associated British Foods PLC
- Barry’s Tea
- Bettys & Taylors Group Ltd.
- Tata Global Beverages
- McLeod Russel India, Ltd.
- Nestlé S.A.
- Organic India Pvt. Ltd.
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