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Global Tea Market is Expected to Reach USD 47.20 Billion by 2020; REAL BRANDS, INC Poised to Capture Growing Market.
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Fort Lauderdale, FL -- December 22, 2016 -- InvestorsHub NewsWire -- Global Tea Market is expected to reach USD 47.20 billion by 2020; REAL BRANDS, INC poised to capture some of this market with there increasingly popular regular TEA, PEACH TEACH, and RASBERRY TEA Worldwide: “RLBD"
The research study provides a detailed analysis of the global tea market, focusing on the product segmentation, major growth drivers, barriers, opportunities and challenges, key geographical segments, and competitive scenario. As per the research study, in 2013, the global tea market was worth US$38.84 billion and is projected to reach a valuation of US$47.20 billion by the end of 2020. The market is expected to exhibit a 2.80% CAGR between 2014 and 2020. REAL BRANDS has seen a steady incline in there stock price since January 1, 2016 of over 200% already, hitting highs and lows, but continuing a steady climb.
Tea is considered as one of the most popular beverages across the globe. The consumption of tea is a daily practice to heighten calm alertness. The increasing demand for these beverages is anticipated to boost the demand for tea in the forecast period. The growing awareness regarding the benefits of consuming tea, economic advantages, and the presence of flavonoid antioxidant content in tea are some of the key factors that are anticipated to cause a surge in the growth of the global tea market throughout the forecast period, CBD ice tea is also a new up and coming product, in the space, that will be exploding.
In addition, huge employment opportunities created by the global tea market and the growing adoption of green tea in beauty and skin treatments are estimated to fuel the growth of the market in the near future.
The global tea market has been classified on the basis of product type into leaf tea and CBD tea. The leaf tea segment has been further sub-classified into green tea, oolong tea, and black tea. In 2013, the black tea segment held the largest share in the overall tea market. However, the CBD tea is predicted to grow rapidly in the coming years, thanks to the growing awareness regarding the health benefits of consuming this tea. Also, the CBD tea market because of possible good effects on some health conditions, could see huge spike in demand as laws approves further delivery beyond the 28 states already approved.
By geography, the global tea market has been categorized into Asia Pacific, Europe, North America, and Rest of the World. In 2013, Asia Pacific dominated the global tea market and United States is catching up , Asia is projected to remain in its leading position throughout the forecast period. The rapid growth of this region can be attributed to the tremendous demand from China and India. Moreover, the highest revenue is generated in the Asia Pacific tea market, owing to the huge quantity of tea exported from countries such as China, India, and Sri Lanka across the globe. On the other hand, the North America tea market holds a comparatively smaller share in the overall market at present.
Furthermore, the research study provides a clear picture of the competitive landscape of the global tea market and analyzes the major players in the market. Detailed profiles of the major players have been included in the study, including their contact information, business strategies, financial overview, SWOT analysis, and recent developments, if any. Some of the prominent players operating in the global tea market are Wissotzky Tea, Unilever, Akbar Brothers Ltd., Twinings of London, and Tata Global Beverages Ltd. Real Brand, Inc in Florida has entered the space and plans rapid expansion into this space as well. Since REAL BRANDS has the domestic and international license rights to the HillBilly Brands , expansion worldwide is in their future.
Global Tea Market is Expected to Reach USD 47.20 Billion by 2020; REAL BRANDS, INC Poised to Capture Growing Market.
Fort Lauderdale, FL -- December 22, 2016 -- InvestorsHub NewsWire -- Global Tea Market is expected to reach USD 47.20 billion by 2020; REAL BRANDS, INC poised to capture some of this market with there increasingly popular regular TEA, PEACH TEACH, and RASBERRY TEA Worldwide: “RLBD"
The research study provides a detailed analysis of the global tea market, focusing on the product segmentation, major growth drivers, barriers, opportunities and challenges, key geographical segments, and competitive scenario. As per the research study, in 2013, the global tea market was worth US$38.84 billion and is projected to reach a valuation of US$47.20 billion by the end of 2020. The market is expected to exhibit a 2.80% CAGR between 2014 and 2020. REAL BRANDS has seen a steady incline in there stock price since January 1, 2016 of over 200% already, hitting highs and lows, but continuing a steady climb.
Tea is considered as one of the most popular beverages across the globe. The consumption of tea is a daily practice to heighten calm alertness. The increasing demand for these beverages is anticipated to boost the demand for tea in the forecast period. The growing awareness regarding the benefits of consuming tea, economic advantages, and the presence of flavonoid antioxidant content in tea are some of the key factors that are anticipated to cause a surge in the growth of the global tea market throughout the forecast period, CBD ice tea is also a new up and coming product, in the space, that will be exploding.
In addition, huge employment opportunities created by the global tea market and the growing adoption of green tea in beauty and skin treatments are estimated to fuel the growth of the market in the near future.
The global tea market has been classified on the basis of product type into leaf tea and CBD tea. The leaf tea segment has been further sub-classified into green tea, oolong tea, and black tea. In 2013, the black tea segment held the largest share in the overall tea market. However, the CBD tea is predicted to grow rapidly in the coming years, thanks to the growing awareness regarding the health benefits of consuming this tea. Also, the CBD tea market because of possible good effects on some health conditions, could see huge spike in demand as laws approves further delivery beyond the 28 states already approved.
By geography, the global tea market has been categorized into Asia Pacific, Europe, North America, and Rest of the World. In 2013, Asia Pacific dominated the global tea market and United States is catching up , Asia is projected to remain in its leading position throughout the forecast period. The rapid growth of this region can be attributed to the tremendous demand from China and India. Moreover, the highest revenue is generated in the Asia Pacific tea market, owing to the huge quantity of tea exported from countries such as China, India, and Sri Lanka across the globe. On the other hand, the North America tea market holds a comparatively smaller share in the overall market at present.
Furthermore, the research study provides a clear picture of the competitive landscape of the global tea market and analyzes the major players in the market. Detailed profiles of the major players have been included in the study, including their contact information, business strategies, financial overview, SWOT analysis, and recent developments, if any. Some of the prominent players operating in the global tea market are Wissotzky Tea, Unilever, Akbar Brothers Ltd., Twinings of London, and Tata Global Beverages Ltd. Real Brand, Inc in Florida has entered the space and plans rapid expansion into this space as well. Since REAL BRANDS has the domestic and international license rights to the HillBilly Brands , expansion worldwide is in their future.
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