Instant Tea Powder Market Size and Growth
The global instant tea powder market is expected to witness significant growth due to increasing demand for convenient and on-the-go beverages. The market size is estimated to reach $1.2 billion by 2025, driven by consumer preference for quick and easy-to-prepare tea options. Key players include Nestle, Tata Global Beverages, and Unilever.
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Companies Covered (Covid 19 Impact Covered)
◍ Tearevo
◍ Shenzhen Shenbao Huacheng Tech
◍ Fujian Xianyangyang Biological Technology
◍ Kemin
◍ Sichuan Yujia Tea
◍ Damin
◍ Nestle
◍ Lipton
◍ Girnar
◍ Hot Comfort
◍ Mukti Enterprises
◍ Jivraj Tea
◍ Wagh Bakri Tea Group
◍ Oregon Chai
◍ The Republic of Tea
◍ Stash Tea Company
The Instant Tea Powder Market is highly competitive with key players such as Tearevo, Shenzhen Shenbao Huacheng Tech, Fujian Xianyangyang Biological Technology, Kemin, Sichuan Yujia Tea, Damin, Nestle, Lipton, Girnar, Hot Comfort, Mukti Enterprises, Jivraj Tea, Wagh Bakri Tea Group, Oregon Chai, The Republic of Tea, Stash Tea Company. These companies provide a variety of instant tea powder products to cater to different consumer preferences, thus contributing to the growth of the market.
- Nestle reported sales revenue of $84.28 billion
- Lipton reported sales revenue of $11.08 billion
- Wagh Bakri Tea Group reported sales revenue of $407 million.
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Market Segmentation
By Application
◍ Household
◍ Commercial
By Product◍ Drinking-use Tea
◍ Additive-use Tea
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Market Growth
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$ 4.30 Billion