According to the latest market research report title “Germany Tea Market By Category, (Black Tea, Fruit/Herbal Tea, Green Tea, Instant Tea, Others), By Sales Channel (Online, Hypermarkets/Supermarkets, Convenience Stores, Others), and others–Forecast to 2030″, published by MarkNtel Advisors, The Germany Tea Market is projected to grow at a CAGR of around 16% during the forecast period, i.e., 2024-30.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-30). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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Germany Tea Market Driver:
Growing Demand for Cold Brew Tea among Consumers – Cold brew tea substitutes are gaining traction among Germans. Leading companies are diversifying their product lines to meet the ever-evolving demand for summer-friendly cold brew teas. These advances are being led by Teekanne & Messmer, but private label manufacturers, are also likely to enter this market as well. For instance, in 2019, Columbus Drinks GmbH launched Puerto Mate® cold-brewed mate iced tea in pomegranate & lemongrass flavors in Germany. As a result, the increasing production of cold-brew tea is anticipated to take over the market of ready-to-drink soft beverages that contain a higher concentration of sugar.
Germany Tea Market Segmentation
The Germany Tea Market is highly robust and fragmented into numerous segments;
By Category
-Black Tea- Market Size & Forecast 2019-2030, USD Million
–Loose Black Tea- Market Size & Forecast 2019-2030, USD Million
–Tea Bags Black- Market Size & Forecast 2019-2030, USD Million
-Fruit/Herbal Tea- Market Size & Forecast 2019-2030, USD Million
-Green Tea- Market Size & Forecast 2019-2030, USD Million
-Instant Tea- Market Size & Forecast 2019-2030, USD Million
-Others- Market Size & Forecast 2019-2030, USD Million
By Sales Channel
-Online
-Hypermarkets/Supermarkets
-Convenience Stores
-Others
By Region
-East
-West
-North
-South
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Key Players Operating in the Germany Tea Market: –
Thiele & Freese GmbH
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Alnatura Produktions- & Handels GmbH
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Edeka Zentrale AG & Co KG
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Key Questions Answered:
- What is the projected CAGR of the Germany Tea Market during the forecast period?
- Which segment is expected to lead the Germany Tea Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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