The North America Fermented Tea Market would witness market growth of 14.4% CAGR during the forecast period (2021-2027).
Fermented teas are widely being adopted due to several factors including evolving lifestyle and preferences of consumers. People are more inclined toward a healthy and stable lifestyle. The nutritional properties of fermented tea are comparatively higher than regular tea and a few other beverages. Moreover, a broad range of flavors and aromas in fermented tea is making it popular among people. The trend of an all-natural ingredient would also encourage customers to consume fermented tea, as it is processed with a completely natural process.
Antioxidants are compounds that counteract free radicals, which are reactive chemicals that can harm a human cell. However, antioxidants found in foods and beverages are better for consumers' health than antioxidant drugs. Fermented tea appears to exert antioxidant benefits on the consumer's liver, especially when brewed with green tea. The liver toxicity produced by toxic substances is reduced with the consumption of fermented tea on a routine basis.
The United States is a huge importer of fermented tea prevailing in this region. According to the data shared by the observatory of economic complexity, in 2019, the United States was the biggest importer of fermented and partially fermented black tea and accounted for the imported fermented tea worth 141 million US dollars. Moreover, there is an increase in the efforts of the key companies on the development and introduction of innovations in different product portfolios for better customer satisfaction. For instance, Millennium Products, a company in the United States, was the first to bring kombucha tea to the region. In addition, this company dedicated two brands to kombucha tea, namely, GT’S Kombucha and Synergy.
Moreover, the population of the US comprises a significant number of people suffering from obesity. According to the Center for Disease Control and Prevention, the number of people suffering from obesity is considerable. Amid 2017-2018, 42% of the population of the country was obese.
The US market dominated the North America Fermented Tea Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,796.6 million by 2027. The Canada market is estimated to grow at a CAGR of 17% during (2021 - 2027). Additionally, The Mexico market would experience a CAGR of 16% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Fermented Tea Market is Estimated to reach $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.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Product
- Kombucha
- Pu-Erh Tea
- Other Dark Teas
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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
- Earth Therapeutics Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Fermented Tea Market, by Distribution Channel
1.4.2 North America Fermented Tea Market, by Product
1.4.3 North America Fermented Tea Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Fermented Tea Market by Distribution Channel
3.1 North America Offline Market by Country
3.2 North America Online Market by Country
Chapter 4. North America Fermented Tea Market by Product
4.1 North America Kombucha Market by Country
4.2 North America Pu-Erh Tea Market by Country
4.3 North America Other Dark Teas Market by Country
Chapter 5. North America Fermented Tea Market by Country
5.1 US Fermented Tea Market
5.1.1 US Fermented Tea Market by Distribution Channel
5.1.2 US Fermented Tea Market by Product
5.2 Canada Fermented Tea Market
5.2.1 Canada Fermented Tea Market by Distribution Channel
5.2.2 Canada Fermented Tea Market by Product
5.3 Mexico Fermented Tea Market
5.3.1 Mexico Fermented Tea Market by Distribution Channel
5.3.2 Mexico Fermented Tea Market by Product
5.4 Rest of North America Fermented Tea Market
5.4.1 Rest of North America Fermented Tea Market by Distribution Channel
5.4.2 Rest of North America Fermented Tea Market by Product
Chapter 6. Company Profiles
6.1 Mandala Tea, LLC
6.1.1 Company Overview
6.2 Hunan Province Baishaxi Tea Industry Co., Ltd.
6.2.1 Company Overview
6.3 PepsiCo, Inc. (KeVita)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 Recent strategies and developments:
6.3.5.1 Product Launches and Product Expansions:
6.4 GT’s Living Foods LLC
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Product Launches and Product Expansions:
6.5 LIVE Soda, LLC
6.5.1 Company Overview
6.6 Humm Kombucha LLC
6.6.1 Company Overview
6.7 The Hain Celestial Group, Inc. (Celestial Seasonings)
6.7.1 Company overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.7.4 Research & Development Expense
6.7.5 Recent strategies and developments:
6.7.5.1 Product Launches and Product Expansions:
6.8 Chr. Hansen Holding A/S
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.9 Buddha Teas
6.9.1 Company Overview
6.10. Earth Therapeutics Ltd.
6.10.1 Company Overview
TABLE 1 North America Fermented Tea Market, 2017 - 2020, USD Million
TABLE 2 North America Fermented Tea Market, 2021 - 2027, USD Million
TABLE 3 North America Fermented Tea Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 4 North America Fermented Tea Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 5 North America Offline Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Offline Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Online Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Online Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Fermented Tea Market by Product, 2017 - 2020, USD Million
TABLE 10 North America Fermented Tea Market by Product, 2021 - 2027, USD Million
TABLE 11 North America Kombucha Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Kombucha Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Pu-Erh Tea Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Pu-Erh Tea Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Other Dark Teas Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Other Dark Teas Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Fermented Tea Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Fermented Tea Market by Country, 2021 - 2027, USD Million
TABLE 19 US Fermented Tea Market, 2017 - 2020, USD Million
TABLE 20 US Fermented Tea Market, 2021 - 2027, USD Million
TABLE 21 US Fermented Tea Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 22 US Fermented Tea Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 23 US Fermented Tea Market by Product, 2017 - 2020, USD Million
TABLE 24 US Fermented Tea Market by Product, 2021 - 2027, USD Million
TABLE 25 Canada Fermented Tea Market, 2017 - 2020, USD Million
TABLE 26 Canada Fermented Tea Market, 2021 - 2027, USD Million
TABLE 27 Canada Fermented Tea Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 28 Canada Fermented Tea Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 29 Canada Fermented Tea Market by Product, 2017 - 2020, USD Million
TABLE 30 Canada Fermented Tea Market by Product, 2021 - 2027, USD Million
TABLE 31 Mexico Fermented Tea Market, 2017 - 2020, USD Million
TABLE 32 Mexico Fermented Tea Market, 2021 - 2027, USD Million
TABLE 33 Mexico Fermented Tea Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 34 Mexico Fermented Tea Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 35 Mexico Fermented Tea Market by Product, 2017 - 2020, USD Million
TABLE 36 Mexico Fermented Tea Market by Product, 2021 - 2027, USD Million
TABLE 37 Rest of North America Fermented Tea Market, 2017 - 2020, USD Million
TABLE 38 Rest of North America Fermented Tea Market, 2021 - 2027, USD Million
TABLE 39 Rest of North America Fermented Tea Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 40 Rest of North America Fermented Tea Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 41 Rest of North America Fermented Tea Market by Product, 2017 - 2020, USD Million
TABLE 42 Rest of North America Fermented Tea Market by Product, 2021 - 2027, USD Million
TABLE 43 Key information – Mandala Tea, LLC
TABLE 44 Key information – Hunan Provincial Baishaxi Tea Industry Co., ltd.
TABLE 45 key information – PepsiCo, Inc.
TABLE 46 Key Information – GT’s Living Foods LLC
TABLE 47 Key Information – LIVE Soda, LLC
TABLE 48 Key Information – Humm Kombucha LLC
TABLE 49 Key Information – The Hain Celestial Group, Inc.
TABLE 50 Key Information – Chr. Hansen Holding A/S
TABLE 51 Key Information – Buddha Teas
TABLE 52 Key Information – Earth Therapeutics Ltd.
List of Figures
FIG 1 Methodology for the research