Global Sparkling Tea Market Size To Worth USD 774.21 Million By 2033 | CAGR Of 6.27%

Global Sparkling Tea Market Size To Worth USD 774.21 Million By 2033

According to a research report published by Spherical Insights & Consulting, the Global Sparkling Tea Market Size is to Grow from USD 421.54 Million in 2023 to USD 774.21 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 6.27% during the projected period.

Browse key industry insights spread across 220 pages with 116 Market data tables and figures & charts from the report on the "Global Sparkling Tea Market Size, Share, and COVID-19 Impact Analysis, By Product (Green Tea, White Tea, Yellow Tea, Black Tea, and Others), By Category (No Alcohol and Alcohol-Based), By Packaging (Glass Bottles, Plastic Bottles, Aluminum Cans, and Tetra Pak), By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, Specialty Tea Shops, and Cafes and Restaurants), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/sparkling-tea-market

Sparkling tea, an effervescent blend of regular tea with carbonation, is gaining appeal across the global beverage landscape. This revolutionary drink category combines the health advantages of tea with the refreshing fizz that customers want, establishing a distinct niche in the competitive beverage market. The sparkling tea business has shown exceptional vitality, fueled by health-conscious customers looking for alternatives to sugary sodas and alcohol. The market's expansion reflected a larger trend towards functional beverages that provide both refreshment and perceived wellness advantages. Sparkling tea is becoming increasingly popular as people seek healthier options. Typically, it combines the vigor of carbonated drinks with the cooling qualities of normal tea. Sparkling tea's promotion of the natural health benefits of drinking tea is one of the main drivers of the market. Furthermore, the difficulty and expense of production and delivery represent another major barrier. To obtain the right flavor and quality, sparkling tea demands a careful balancing act between the carbonation, flavoring, and brewing processes, unlike other simple carbonated drinks.

The green tea segment accounted for the largest revenue share of the sparkling tea market during the projected timeframe.

Based on the product, the sparkling tea market is divided into green tea, white tea, yellow tea, black tea, and others. Among these, the green tea segment accounted for the largest revenue share of the sparkling tea market during the projected timeframe. Green tea is well-known for its abundance of health advantages and strong antioxidant content. It is in line with the growing trend of people adopting healthier lifestyles and may include benefits including improved metabolism, sharper mental focus, and a decreased risk of chronic illnesses.

The no alcohol segment is anticipated to grow at the fastest CAGR of the sparkling tea market during the projected timeframe.

Based on the category, the sparkling tea market is divided into no alcohol and alcohol-based. Among these, the no alcohol segment is anticipated to grow at the fastest CAGR of the sparkling tea market during the projected timeframe. This is a result of consumers' growing desire for low- and no-calorie drinks. Non-alcoholic beverage sales are particularly popular because they appeal to individuals who desire diverse flavors without the drawbacks of alcohol.

The glass bottles segment holds the highest market share of the sparkling tea market during the projected timeframe.

Based on the packaging, the sparkling tea market is divided into glass bottles, plastic bottles, aluminum cans, and tetra pak. Among these, the glass bottles segment holds the highest market share of the sparkling tea market during the projected timeframe. Glass, as opposed to some plastic bottles, is recognized for having excellent barrier qualities that assist preserve the consistency and quality of sparkling tea by preventing chemical leaching. This feature is becoming increasingly important to health-conscious consumers who are concerned about harmful compounds that may affect their health.

The supermarkets and hypermarkets segment dominated the market with the highest market share of the sparkling tea market during the projected timeframe.

On the basis of distribution channel, the sparkling tea market is divided into supermarkets and hypermarkets, convenience stores, online retail, specialty tea shops, and cafes and restaurants. Among these, the supermarkets and hypermarkets segment dominated the market with the highest market share of the sparkling tea market during the projected timeframe. Customers can easily discover a wide variety of sparkling tea products at supermarkets and hypermarkets, the two primary types of retail places. Due to their accessibility and huge reach, these supermarkets attract health-conscious customers seeking energy drinks and sugar-free sodas.

North America is expected to hold the largest share of the sparkling tea market over the forecast period.

North America is expected to hold the largest share of the sparkling tea market over the forecast period. The market for sparkling tea is being driven by consumers' increasing choice of healthier beverages. There is a rising need for healthy, refreshing, and fizzy alternatives to traditional soft drinks and sugary sodas as individuals move away from them. Additional elements bolstering this tendency are the expanding wellness movement that emphasizes useful benefits and natural components, as well as a heightened consciousness of health and wellness.

Asia-Pacific is predicted to grow at the fastest pace in the sparkling tea market during the projected timeframe. The primary factors propelling the sparkling tea market in the region are the growing demand for tea-based beverages and the major tea culture in the area. As tea-drinking practices have long been associated with China, Taiwan, and Japan, adding bubbles to traditional tea is now considered a creative touch. Sparkling teas that are not only refreshing but also offer intriguing taste combinations and health benefits are in high demand. This is due to the region's millennial and Gen Z populations' propensity for testing out new drinks.

Major vendors in the sparkling tea market are Copenhagen Sparkling Tea Company, Minna, Rishi Tea & Botanicals, Nongfu Spring Co., Ltd., DAVIDsTEA, Saicho Drinks, Motto Beverage Company, Spindrift Beverage, BELLE & CO, REAL ROYAL FLUSH, Saicho Drinks, Fortnum & Mason, Vitasoy, Guangzhou WANG Lao JI., and others

Recent Developments

• In June 2023, The Real Drinks Co. in the UK introduced canned, ready-to-drink varieties of Dry Dragon and Royal Flush, two of its naturally fermented sparkling teas. With this endeavour, the company hopes to enhance its market position in the UK and diversify its product line.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the sparkling tea market based on the below-mentioned segments: 

Global Sparkling Tea Market, By Product

• Green Tea
• White Tea
• Yellow Tea
• Black Tea
• Others

Global Sparkling Tea Market, By Category

• No Alcohol
• Alcohol-based

Global Sparkling Tea Market, By Packaging

• Glass Bottles
• Plastic Bottles
• Aluminum Cans
• Tetra Pak

Global Sparkling Tea Market, By Distribution Channel

• Supermarkets and Hypermarkets
• Convenience Stores
• Online Retail
• Specialty Tea Shops
• Cafes and Restaurants

Global Sparkling Tea Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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