Floral Tea Market

Floral Tea Market Outlook (2023 to 2033)

Newly-released floral tea market analysis report by Fact.MR reveals that global sales in 2022 were held at US$ 436 million. With 6.2% projected growth from 2023 to 2033, the market is expected to reach a valuation of US$ 840 million by the end of the forecast period. Chamomile Tea is expected to be the significant revenue-generating type floral tea, which is projected to grow at a CAGR of over 6% from 2023 to 2033.

Attributes	Details
Global Floral Tea Market Size 2022	US$ 436 million
Global Floral Tea Market Size at End of Forecast (2033)	US$ 840 million
Global Floral Tea Market CAGR (2023 to 2033)	6.2%
U.S. Floral Tea Market CAGR (2023 to 2033)	6 %
Key Companies Covered	Starbucks SONNENTOR Kräuterhandels GMBH Halssen Lyon Twinings Yogi Tea TeBella Tea Company Jing Tea Teabloom Davidson's Organics Dethlefsen & Balk YORKSHIRE TEA Tealyra Ekaterra Mother Parkers Tea & Coffee Inc.

Revenue of Floral Tea Market from 2018 to 2022 Compared to Demand Outlook for 2023 to 2033

As per the research of the Floral Tea Market by Fact.MR - a market research and competitive intelligence provider, historically, from 2018 to 2022, the market value increased at around 5% CAGR. With an absolute dollar opportunity of US$ 378 million, the market is projected to reach a valuation of US$ 840 million by 2033.

What are the Key Drivers Influencing Market Expansion?

Floral tea is a type of herbal tea made by infusing dried flowers in hot water. It is a popular beverage known for its unique taste, aroma, and health benefits. Different types of flowers can be used to make floral tea, including chamomile, lavender, rose, hibiscus, and jasmine, among others. Floral teas can be consumed hot or cold, and may be sweetened with honey or other natural sweeteners to enhance their flavor.

According to research, in 2019, the global herbal tea sales were over US$ 3.6 billion which continued to grow at a rapid pace with the onset of COVID-19, as more people turned to natural beverages. The global herbal tea sales were over US$ 4.9 billion in 2020. It is expected to grow at a CAGR of 4.7% during the forecast period. With the growing interest in health and wellness, more people are becoming aware of the health benefits of herbal tea, including floral tea which influences the market growth in upcoming years.

Turkey was the largest tea-consuming country in the world, with a per capita tea consumption of approximately 6.96 pounds per year. In 2020, the global consumption of tea was about 6.3 billion kilograms which increased up to 6.6 billion kilograms in 2021. Floral teas are considered a natural and organic product, as they are made from dried flowers and do not contain any artificial additives or preservatives. This influences the market growth in upcoming years.

Region-Wise Analysis :

Which Region is Projected to Offer Significant Market Growth?

North America is a prominent shareholder of the market with a market size of US$ 179 million in 2022 and is estimated to reach US$ 189 million in 2023. It is projected that the region will have a market worth US$ 345 million by 2033.

In 2020, the herbal tea sales in Canada was around US$ 215.3 million which is expected to grow at a CAGR of 4.8% during the forecast period. Chamomile tea is one of the popular herbal teas in Canada, and is widely available in supermarkets and online retail. Consumers are more health conscious and they are using herbal teas as a morning beverage.

Country-Wise Analysis :

United States Floral Tea Market Analysis :

The market in the United States is expected to grow to be worth US$ 297.6 million by 2033, with an absolute dollar growth of US$ 130.7 million from 2023 to 2033. The market in the United States has grown at a CAGR of 4.7% from 2018 to 2022 and is expected to grow at a CAGR of 6% from the year 2023 to 2033.

In the United States, tea consumption per capita was 0.4 kilograms in 2020 and 0.5 kilograms in 2022. The average revenue generated from tea in the country was about US$ 39 per capita. Tea culture has been gaining popularity around the world, and floral teas are becoming an important part of this culture. Many people enjoy the unique taste and aroma of floral teas and appreciate the ritual of brewing and drinking tea. The market in the country is expected to continue growing in the coming years, as consumers become more health-conscious.

United Kingdom Floral Tea Market Analysis :

The market in United Kingdom is expected to grow to be worth US$ 35.4 million by 2033, with an absolute dollar growth of US$ 14.2 million. The market in the country has grown at a CAGR of 3.9% from 2018 to 2022 and is expected to grow at a CAGR of 5.3% from 2023 to 2033.

According to Cancer research UK, in 2019, there were around 387 thousand new cases of cancer were diagnosed in the United Kingdom. Of these 201 thousand cancer cases were in men and 186 thousand were in women. Floral teas can reduce the risk of chronic diseases such as cancer, heart disease, and Alzheimer's disease.

Chamomile tea may have anti-inflammatory and antioxidant properties, which could help to reduce inflammation and oxidative stress in the body, it also shown to have mild sedative effects, which may help cancer patients to manage anxiety and sleep disturbances. Due to their health benefits, the market is expected to grow in the upcoming years.

China Floral Tea Market Analysis :

In China, the market is expected to grow to be worth US$ 60.3 million with an absolute dollar growth of US$ 25.2 million till 2033. The market in China has grown at a CAGR of 4.4% from 2018 to 2022 and is expected to grow at a CAGR of 5.6% from the year 2023 to 2033.

According to the data from the Food and Agriculture Organization of the United Nations (FAO), in 2019, China produced approximately 2.8 million metric tons of tea, with green tea accounting for around 70% of the total production. This makes China the largest producer and consumer of green tea in the world. Consumers are becoming aware of the health benefits of herbal teas, including green tea, and floral tea. The growing demand of natural and organic products are expected to drive the market growth in the upcoming years.

Japan Floral Tea Market Analysis :

In Japan, the market is expected to grow to be worth US$ 49.3 million with an absolute dollar growth of US$ 18.1 million between 2023 and 2033. The market in Japan has grown at a CAGR of 3.5% from 2018 to 2022 and is expected to grow at a CAGR of 4.7% from 2023 to 2033.

In 2021, the per capita consumption volume of green tea in Japan was around 599 grams and the per-capita expenditure on green tea was around US$ 9.2 in a year. Green tea continues to be the most popular type of tea consumed in Japan, accounting for over 99% of the country's total tea production.

India Floral Tea Market Analysis :

The market in India is expected to grow to be worth US$ 30.1 million by 2033, with an absolute dollar growth of US$ 10.5 million. The market in the India has grown at a CAGR of 2.9% from 2018 to 2022 and is expected to grow at a CAGR of 4.4% from 2023 to 2033.

According to a report by the Tea Board of India, the total production of herbal tea in India was around 16.2 million kilograms in 2019-2020. Kerala and Tamil Nadu are the major producers of herbal tea in India, accounting for over 90% of the country's total production. The production of herbal tea in India has been steadily increasing over the past few years, driven by growing demand for healthy and natural beverages. Due to increase in the herbal tea production and consumption, it is expected that market will rise in upcoming years.

Category-Wise Insights

Which Type of Floral Tea is Projected to Witness the Significant Growth in Demand?

Chamomile tea is projected to witness significant growth with a CAGR of 4.8% from 2018 to 2022 and is expected to grow at a CAGR of 6% from 2023 to 2033.

Loose packaging projected to witness the fastest growth due to several factors, including the rising popularity of loose-leaf teas in general. The increasing demand for natural and organic products, growing availability of floral teas through online and specialty retailers and the convenience and flexibility of loose packaging for both consumers and manufacturers are expected to escalate the demand in the forthcoming years.

Competitive Analysis :

Key players in the market are Starbucks, SONNENTOR Kräuterhandels GMBH, Halssen Lyon, Twinings, Yogi Tea, TeBella Tea Company, Jing Tea, Teabloom, Davidson's Organics, Dethlefsen & Balk, YORKSHIRE TEA, Tealyra, Ekaterra, and Mother Parkers Tea & Coffee Inc.

A few of the recent developments in the market are :

• In October 2019, Starbucks launched its Teavana Wellness Teas, which included two floral tea blends: Defense and Rev Up.
• In September 2021, SONNENTOR Kräuterhandels GMBH, an Austrian organic herb and tea company announced its acquisition of the organic spice and tea brand Pukka Herbs Ltd. The acquisition was aimed at expanding SONNENTOR's product range and strengthening their position in the international organic market.
• In May 2022, Tulsi Detox Kahwa and other herbal infusions including Peppermint refresh, Moringa hibiscus, and Simply Chamomile were recently introduced by Organic India. Each recently introduced product has a distinct flavor and significance associated with it.

Segmentation of the Floral Tea Market :

• By Source :

  • Chamomile
  • Calendula
  • Rose
  • Blue Lotus
  • Hibiscus
  • Chrysanthemum
  • Rooibos
  • Other Sources

• By Type :

  • Loose Package
  • Individual Package

• By Distribution Channel :

  • Online
  • Offline

• By Region :

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa