Fermented tea Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2027
- Transparency Market Research
Fermented tea Market Introduction:
Fermented tea is often called dark tea which is different from black tea. The process of making this kind of tea involves secondary fermentation process. The fermented tea or the dark tea leaves undergoes aging in the presence of bacteria which changes its aroma, taste and appearance. The process can take months and even years to define a specific class of post fermented tea. Different varieties of tea are popular in the region of production, China produces the most popular of them such as Pu-erh cha, Fu Zhuan cha and Liu An cha. Other producing regions include Japan, Myanmar, Thailand and southern Yunnan. Due to its complex production process the market for post fermented teas is highly valued and can fetch high prices depending on the variety of fermented tea.
Fermented tea Market Segmentation:
The global fermented tea market is segmented on the basis of its product type, and region. Based on the product type fermented tea is segmented as: Piled teas, Toyama kurocha and other fermented teas. The piled teas is the Chinese variety of fermented tea, whereas the toyama is the Japanese variety produced by fermentation with naturally occurring fungus under dry conditions. The other fermented teas include varieties from Thailand, Japan and Korea.
Fermented tea Market Regional Outlook:
The post-fermented is highly popular in the regions of Asia Pacific, specifically China, Japan, Korea and south East Asian countries. The demand for the Asian tea has generally been high in Western Europe as well as in North America. Considering the rise of fitness and health craze among consumers in these region, the sales of different varieties of tea has picked up in the recent past. The benefits pertaining to the use of post fermented tea has attracted many consumers and is gaining traction among consumers through the globe. On the basis of regions, the global fermented tea market is segmented as following key regions; North America, Latin America, Western Europe, Asia Pacific, Japan Middle East and Africa.
Fermented tea Market Drivers and Trends:
In the recent past, due to hectic schedule and changing lifestyle patterns, there is a steady increase in incidence of lifestyle diseases such as diabetes, obesity, and high blood pressure. Thus, consumers are taking preventive measures for reducing effects of lifestyle diseases. Demand for fermented tea is increasing owing to its properties such as high content of anti-oxidants. Marketers calming effects such as higher antioxidants content in a single cup of fermented tea and thus increasing consumer perception towards post-fermented tea. The increasing number of people spending time on activities which do not involve physical actions like; watching TV, working on computer etc. has led to shift towards consumption of healthy food and further pushed the demand as a need for a healthy alternative as a stress reliever. This is where the fermented tea has been trending, consumers’ inclination towards convenient health products to match the lifestyle has supplemented the growth of fermented tea market.
Increasing number of quick service restaurants and café owing to demand from millennial population and increasing disposable income has created healthy trends in the eating and drinking heath food outside. Companies are focusing on offering fermented tea in such cafes and restaurants in order to increase value and volume sales. Furthermore the global marketing of weight healthy tea has been widely popularizes in the social media and Internet usage has been increasing at a faster pace. The International Telecommunication Union estimated that almost of half of the world population would be online by the end of this year. Owing to this factor, retailers, manufacturers, or producers have been offerings products online to sell or promote their product and services. As a result, the consumers can, not only easily access these products but, can also gain insights about the products such as source, manufacturer, distributor etc. This is driving a positive growth in the sales of post-fermented tea.
Fermented tea Market Key Players:
Some of the key players participating in the global fermented tea market includes; Menghai Tea Factory, Liming Tea Factory, Kunming Tea Factory, Buddha Teas among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Food
Food & BeveragesGlobal Kopi Luwak Sales Market Report 2021
Food & BeveragesGlobal Dry Dairy Powder Sales Market Report 2021
Food & BeveragesGlobal Fresh Mozzarella Sales Market Report 2021
Food & BeveragesGlobal Evaporated Filled Milk Sales Market Report 2021