The latest market research report by Technavio on the global slimming tea market predicts a CAGR of around 7% during the period 2018-2022.
This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180123005709/en/
Technavio has published a new market research report on the global slimming tea market 2018-2022 under their food and beverage library. (Graphic: Business Wire)
The report segments the global slimming tea market by product (green tea and herbal tea) and by geography (the Americas, EMEA, and APAC). It provides a detailed illustration of the major factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Here are some key findings of the global slimming tea market, according to Technavio food and beverage researchers:
- Increased consumption of slimming tea products: a major market driver
- In 2017, the green tea segment dominated the market by occupying more than 59% share
- APAC had the highest market share of more than 54% in 2017.
- Celestial Seasonings, ITO EN, Nestlé, Tata Global Beverages, and Unilever, are some of the players in the market
Save more with Technavio. Buy 2 reports and get the third for free: View Technavio’s latest discounts and promotions
Increased consumption of slimming tea products: a major market driver
Increased consumption of slimming tea products is one of the major factors driving the global slimming tea market. The tea industry primarily consists of four types of teas namely green tea, herbal tea, organic tea, and black tea. These teas are classified as regular tea and non-regular tea based on the consumption pattern and volume of consumption. The regular tea includes black tea, while the others are included in the non-regular tea category. Generally, the regular tea contains caffeine that has harmful effects if consumed largely.
Black tea is prepared from the aged leaves of C. sinensis plant that contains a very low volume of antioxidants. The processing of aged leaves to get black tea in a required color, texture, and flavor further decreases the volume of antioxidants and increases the caffeine content.
According to a senior analyst at Technavio for research on non-alcoholic beverages, “Owing to the presence of caffeine, black tea has some side effects on health such as a headache, nervousness, insomnia, dizziness, irregular heartbeat, heartburn, and ringing in the ears. To avoid the risk of these side effects, the consumers of black tea are considering other available options such as organic tea, herbal tea, and green tea.”
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
APAC: largest slimming tea market
Based on geography, the global slimming tea market is segmented into APAC, EMEA, and the Americas. Among all the geographical segments the APAC region had the highest market share of more than 54% in 2017. The significantly high market share is contributed by the large production of tea in the countries such as China, India, Sri Lanka, and Indonesia. APAC was followed by EMEA with a market share of approximately 28% and the Americas with more than 18% market share in 2017. The lower market share in these regions is because of the lack of tea production and late adoption of tea as a health drink.
Awareness about weight management is one of the trends fueling market growth
Several campaigns are designed and promoted by vendors and by the governments to avoid obesity and to promote weight loss. The goal of these campaigns is to create awareness among people to get a healthy and balanced weight. For instance, eat smart, move more North Carolina is a statewide initiative that encourages increased opportunities for physical activity and healthy eating through policy and environmental change. The goal of the initiative is to promote healthy eating behaviors, which reduce risks and prevent diseases including obesity, inactivity, and unhealthy eating behaviors.
Get a sample copy of theglobal slimming tea market report free of cost
Access Technavio’s continuously growing non-alcoholic beverages research library and find expert analysis on hundreds of markets.
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180123005709/en/
