( MENAFN - EIN Presswire) craft tea market The global craft tea market generated $331.7 million in 2021, and is projected to reach $465.3 million by 2031, growing at a CAGR of 3.
5% from 2022 to 2031. WILMINGTON, DELAWARE, UNITED STATES, May 27, 2024 /EINPresswire / -- Increase in consumer awareness about health issues, rise in geriatric population, increase in the cases of chronic illnesses, and change in lifestyle among people are expected to drive the growth of the global craft tea market . Mass disruption among buyers and sellers, closure of various manufacturing facilities, and shortage of workforce during the pandemic had a negative impact on the growth of the market.
The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market. Get Report PDF Sample: The key players analyzed in the global craft tea market report include LUPICIA CO.
, LTD, COFCO, Teasenz, California tea house, Panella Foods and Beverages Private Limited, Bettys & Taylors Group Ltd, FMS Consumer Products Pvt Ltd, Bharat Group, VAHDAM, and Stash Tea. COVID-19 Scenario: The COVID-19 pandemic .
