Trends in the Tea Market: Infusion of Tea with Various Flavours and Fragrances to Fortify Industry Demand
According to Transparency Market Research (TMR), the global tea market will expand at a 5.7% CAGR and rise from US$12.8 bn in 2017 to US$20.0 bn by 2025. By type, the crush, tear, curl (CTC) tea is leading in the market not only in terms of value but also be volume. By geography, Asia Pacific is the leading regional market for tea, showcasing a healthy 6.8% CAGR between 2017 and 2025.
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