Tea Market Would Reach at 5% CAGR by 2024, Globally
In 2015, the global tea market was valued at US$ 13.85 Bn and is estimated to reach a value of US$ 14.45 Bn by the end of 2016, reflecting Y-o-Y growth rate of 4.0%. By 2024, the global tea market is expected to reach a value of US$ 21.33 Bn, registering a CAGR of 5.0% over the forecast period due to various factors, on which PMR offers vital insights in detail.
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