The global Earl Grey tea market was valued at USD XX billion in 2016 and is projected to reach USD XX billion by 2028, growing at a CAGR of 37% between 2017 and 2028. In terms of volume, the market has grown from million kgs in 2007 to million kgs in 2016. The market for black tea dominated the overall Earl Grey tea market with over X% share, followed by green tea (X%), oolong (X%), and others (X%).
Earl Grey tea is a type of black tea that has been flavored with oil extracted from bergamot oranges. The flavor and aroma are distinctive enough to make this type of tea easily recognized even by people who don't know much about different types of teas.
The Earl Grey tea is a traditional English black tea blend that was first developed in 1867, by British Prime Minister Charles Greville. The original recipe of this popular drink included bergamot citrus oil and vanilla. Nowadays, many variations are available on the market with different ingredients and flavors such as lavender or ginger. Earl Grey's name comes from its inventor who apparently had been given these lemons for his work (the “earl”) so he created the "Grey" Tea to thank him accordingly. However, it has become an urban legend according to which the earl reacted angrily upon receiving those lemons because they were not ripe lemons.
On the basis of type, earl grey tea is segmented into black tea, green tea, oolong, and others.
Black tea is the most popular type of earl grey tea. Black teas are made from leaves that have been fermented, oxidized, and dried. The darker the more oxidation or fermentation (sometimes called “fermentation”) has taken place in the process to develop their flavor profile. It is precisely this processing that makes black tea less astringent than green tea. That same degree of oxidation also means it's far better suited for iced drinks than its lighter counterparts as well. This type of earl golden comes primarily from India however China also produces significant quantities annually; both countries produce some 40% globally but there are other major players on a smaller scale such as Sri Lanka and Kenya with roughly 12% each.
Green tea is a type of tea that undergoes minimal oxidation during processing, resulting in its light-colored color. It differs from black and oolong teas mainly by the level of fermentation it undergoes.
The most common green teas are Sencha, made from whole leaves; Bancha or Boiled Tea, sometimes called "unfermented" because they have not been exposed to as much heat; Koumeicha which has undergone even less oxidization than other green teas--they use only young shoots rather than old leaves for this variety; Genmaicha which is made from a mix of green tea and roasted brown rice kernels; and Roasted Tea, sometimes called "fermented" due to the heat involved in its production.
Green teas are produced mainly in China, India, Japan, Korea, Taiwan, Thailand, and Vietnam. The most popular type of green tea worldwide is Matcha - Japanese Green Tea Powder used for preparing ceremonial matcha or as an ingredient in smoothies, baked goods, etc.. It has very high antioxidant content as well as beneficial effects on metabolism such that it can be considered both food and medicine.
Matcha especially provides more energy than coffee, while also aiding in weight loss and lowering the risk of type-II diabetes. Today, Matcha is being added to everything from bottled water to ice cream!
Oolong tea is a semi-oxidized Chinese tea, and it falls in between black teas and green teas. Oolongs are not as dark as black teas, but they have more flavor than green. Oolong Tea is made with semi-oxidized or partially oxidized leaves that give it an intermediate taste between green and black. It also has a high degree of caffeine in comparison and is often preferred by those who drink coffee or other caffeinated beverages. Sri Lanka leads the world with 40% of global production, followed by Taiwan at 24%.
On the basis of application, the global earl grey tea market is segmented into indirect (sales), direct (manufacturer).
In indirect sales, the tea is sold to an intermediary such as a wholesaler or retailer who then sells it. Application of earl grey tea in indirect sales would be in hotels, restaurants, and cafés. Earl Grey tea is commonly used as a flavoring in gourmet food and beverages such as baked goods or coffee. The beverage brand, Starbucks has also been using Earl Grey Tea to offer their customers new flavors of the classic Frappuccino® blended by baristas across America every season since 2010.
The application to the direct manufacturer is indirect, where the tea leaves are boiled in water and then cooled. This helps remove tannins that can lead to a bitter flavor. The next step of production involves steeping the tea leaves in hot water for about five minutes or until desired strength is achieved. The direct application includes rooibos, herbal tea, and green tea. Earl Grey tea bags are consumed by the end-users as a beverage of choice, which is usually made with water or milk that can be boiled or hot to bring out the flavor and aroma. It also has been found that green tea leaves undergo oxidation during processing (making it black); the same process occurs when brewing earl grey tea.
On the basis of region, The global earl grey tea market is segmented into North America, Europe, Asia Pacific, and the Middle East & Africa. In the North American region, U.S is expected to show a significant growth rate. With globalization playing such an important role in today’s society, we have seen increased interest worldwide in various types of food and beverages. The black tea produced in India over the years has been sold mainly domestically due to a lack of awareness about Indian teas among international buyers; whereas green tea leaves undergo oxidation during processing (making it black); the same process occurs when brewing Earl Grey Tea. We can also witness healthy lifestyles as one of the main driving forces behind this demand for food items that are more nutritious than their sugar- or oil-laden counterparts.
The global earl tea market has been witnessing high growth rates over the past years. The major factors which are contributing to this trend are increased demand, growing health consciousness among consumers, and rising disposable incomes in developing economies such as China and India. Moreover, increasing per capita consumption of green tea in western countries like U.S., Canada, and Europe also fuel the revenue of Earl Grey Tea Market globally during the 2021-2028 period.
Up Market Research published a new report titled “Earl Grey Tea Market research report which is segmented by Types (Black Tea, Green Tea, Oolong, Others), By Applications (Indirect, Direct), By Players/Companies The Stash Tea, Bigelow Tea, R.Twining, Mariage Freres, Kusmi Tea, Adagio Teas, Tetley, TWG Tea”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Earl Grey Tea Market Research Report|
|By Type||Black Tea, Green Tea, Oolong, Others|
|By Application||Indirect, Direct|
|By Companies||The Stash Tea, Bigelow Tea, R.Twining, Mariage Freres, Kusmi Tea, Adagio Teas, Tetley, TWG Tea|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||229|
|Number of Tables & Figures||161|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Black Tea, Green Tea, Oolong, Others and By Application Indirect, Direct.
Some of the companies that are profiled in this report are:
Earl Grey Tea Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Earl Grey Tea Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Earl Grey Tea Market Report:
Some other reports from this category!