The global slimming tea market size is expected to reach US$ 11.5 billion in 2032, growing at a stunning CAGR of 9.2% during the forecast period of 2022-2032. It is expected to be valued at US$ 7.4 billion in 2022. The increasing demand for premium healthcare products to maintain overall health and wellness is likely to increase demand for slimming tea in the near future.
Weight Loss Associated with Slimming Tea Consumption is driving the Global Market for the Slimming Tea
The growing need for high-quality health goods with potential health advantages in developed countries like the United States, United Kingdom, Japan, Australia, Germany, and others is fueling the market for slimming tea. The WHO analysis indicated that between 60% and 85% of people in these nations had sedentary lifestyles. Inadequate regular physical exercise is contributing to major health problems like diabetes, obesity, and cardiovascular disorders.
The urban population’s health worries and consciousness have grown in tandem with the rising prevalence of these diseases. Due to time constraints, this health-conscious demographic favours a balanced diet above physical activity to maintain their health, which includes drinking slimming tea. The use of slimming tea to manage weight and lower the risk of health issues is creating a promising opportunity for the slimming tea market globally.
Slimming tea is available in the market in various flavors with the hint of fruit such as orange, lemon, raspberry, blueberry,. These various fruit flavours provide choice option to the consumer. Various slimming tea products in the market are sugar-free and caffeine-free, which adds value to the product and attracts more tea consumer base. Other factors that boost the market of the slimming tea, are the supply side drivers such as low cost of manufacturing, emergence of various small and medium manufacturers in the tea producing countries.
Slimming Tea Market: Regional Analysis
The market for the slimming tea has increased opportunity in the European and North American region, including countries such as U.S., Canada, U.K., France, Germany,. The opportunity in these countries is majorly for health benefits associated with tea consumption. Whereas, in China, South Korea, India and other Asian countries, the consumption of slimming tea is more, accounting major share in the global slimming tea market. This consumption trend is attributed to the long-standing culture of tea in the Asian countries and high production of tea by the Asian countries.
Slimming Tea Market: Key Participants
Some of the market participants in the slimming tea market are:
- Tea Treasure
- Hyleys
- Okuma Nutritionals
- Changzhou Kakoo Tea Foodstuff Co., Ltd.
- Triple Leaf Tea Inc.
- Swastrik Eucalyptus Oil Co
- HERBALGREENLAB
- Imperial Tea Groups
- Tea Aroma
- Sira Impex Pvt. Ltd.
- Kudos Ayurveda
- Deemark
- 21stCentury Healthcare, Inc.
- Himalayan Brew Tea Factory
The research report presents a comprehensive assessment of the slimming tea market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.
Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Slimming Tea Market Segmentation
The slimming tea market can be segmented on the basis of form, nature, types, and distribution channel.
On the basis of form, the slimming tea market can be segmented as:
- Loose
- Tea Bags
On the basis of nature, the slimming tea market can be segmented as:
- Organic
- Conventional
On the basis of end-use, the slimming tea market can be segmented as:
- Green Tea
- White Tea
- Oolong Tea
- Others
On the basis of distribution channel, the slimming tea market can be segmented as:
- Supermarket/ Hypermarket
- Online Retailers
- Specialty Stores
- Mass Grocery Stores
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