European Black Tea Market Size, Share, Trends & Forecast 2019-2025Posted by pooja makkhar on February 24th, 2020 European black tea market was valued at around .4 billion in 2018, which is further estimated to reach around .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. 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. To learn more about European Black Tea Market report request a free sample copy @ https://www.omrglobal.com/request-sample/european-black-tea-market Tea and tea-based drinks are considered to be the most convenient hot drinks. Due to its easy availability and accessibility in all food retail formats, RTD tea has been the most popular format of flavored tea and tea-based beverages in recent years. In recent years, the increasing demand for on-the-go health drinks has boosted the market prospects of the European market for tea and tea-based drinks. There are several companies offering tea and tea-based beverages; some major players of this market include Tata Global Beverages, R.Twining and Co., Ltd., The Republic of Tea, Inc., Nestle, Starbucks Corp., Unilever Group, and Associated British Foods PLC. A full report of European Black Tea Market is available at https://www.omrglobal.com/industry-reports/european-black-tea-market European Black Tea Market Segmentation By Format
By Nature
Regional Analysis
Company Profiles
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