The Europe Fermented Tea Market would witness market growth of 14.2% CAGR during the forecast period (2021-2027).
The adoption of fermented tea is rapidly becoming higher among young people. The millennial population across the world is substantially consuming fermented tea owing to its health attributes. In addition, various market players are showing increased efforts for the commercialization of fermented tea. Moreover, there are numerous advertisements of fermented tea, featuring popular celebrities in order to gain more public traction. The promotion of fermented tea by various influencers and well-known public figures is increasing the demand for fermented tea across the region.
Fermented tea brewed from black or green tea appears to have potent antibacterial capabilities, especially against germs that cause infections and Candida yeasts. These anti-microbial actions inhibit the growth of harmful bacteria and yeasts, but they have no effect on the healthy, probiotic bacteria and yeasts that are involved in tea fermentation.
The number of people with diabetes is significantly high in this region. Diabetes is an origin of various other chronic disorders, as well as it also hinders the diagnosis of other diseases as it weakens the immune system of the patient. According to the regional department of the World Health Organization in Europe, The number of people that are suffering from diabetes is 60 million. In addition, 10.3% of male and 9.3% female patients were at the age of 25 and over among these patients. This is a considerable number and is required to be regulated.
Moreover, the organization also stated that this substantial number of diabetic patients across this region is owing to the unhealthy lifestyle and diet of the people across this region. In such a scenario, the fermented tea, owing to its property of helping in the maintenance of sugar levels, would be majorly adopted in this region.
The Germany market dominated the Europe Fermented Tea Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $617 million by 2027. The UK market is poised to grow at a CAGR of 13.3% during (2021 - 2027). Additionally, The France market would exhibit a CAGR of 15.1% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Product, the market is segmented into Kombucha, Pu-Erh Tea, and Other Dark Teas. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Fermented Tea Market Size will Hit $9.2 Billion by 2027, at a CAGR of 14.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mandala Tea, LLC, Hunan Province Baishaxi Tea Industry Co., Ltd., PepsiCo, Inc., GT’s Living Foods LLC, LIVE Soda, LLC, Humm Kombucha LLC, The Hain Celestial Group, Inc., Chr. Hansen holding A/S, Buddha Teas, and Earth Therapeutics Ltd.
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