Global White Tea Market, By Product (Organic, Conventional), Application (Beverages, Cosmetics and Toiletries, Pharmaceuticals), Distribution Channel (Offline, Online) - Industry Trends and Forecast to 2029
Market Analysis and Insights
Tea is known to be one of most consumable beverage throughout the world. This beverage comes in many varieties, such as black tea, oolong tea, green tea, herbal tea, fermented tea, and white tea, among others. Increase in health consciousness among consumers is rising the need of various forms of tea. Botaniex, Inc., Dilmah Ceylon Tea Company PLC., and Shaanxi Iknow Biotechnology Co.,Ltd., are the some major players operating in this market.
- Global White Tea Market was valued at USD 1.79 billion in 2021 and is expected to reach USD 2.96 billion by 2029, registering a CAGR of 6.05% during the forecast period of 2022-2029. Beverages accounts for the largest application segment owing to the rising preference for using beverages as a convenient medium for consuming nutrition. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and patent analysis.
Market Definition
White tea refers to a pale yellow in color tea that has got its name due to the whitish look of the unopened bud of the tea plant. White tea is one of the varieties of tea that utilizes young and least processed leaves of Camellia sinensis. The tea is gaining popularity globally due to its soothing properties.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Organic, Conventional), Application (Beverages, Cosmetics and Toiletries, Pharmaceuticals), Distribution Channel (Offline, Online)
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Countries Covered
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U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Zhejiang Tea Group Co., Ltd. (China), Botaniex, Inc. (US), Dilmah Ceylon Tea Company PLC. (Sri Lanka), Shaanxi Iknow Biotechnology Co.,Ltd. (China), Carrubba INC (US), Wollenhaupt Tee GmbH (Germany), Vicony Tea Directory (US), and Subodh Brothers (India), among others.
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White Tea Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
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High Demand for Herbal Tea
The rise in demand for herbal tea, including white tea among population owing to their antioxidant and antimicrobial properties acts as one of the major factor driving the growth of white tea market.
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Prevalence of Cardiovascular Diseases
The rise in the prevalence of cardiovascular diseases, diabetes, and oral bacteria, accelerate the market growth. The tea is known for reducing the occurrences of these diseases.
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Occurrence of Obesity
The increase in the occurrence of obesity across the globe due to the changing lifestyle further influences the market. White tea is attracting large number of consumers as possesses weight loss properties.
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Experimentation in Tastes
The surge in interest to experiment and experience other tastes extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
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Increase in Demand for Cosmetic Industry
The increase in demand for the product from the cosmetic industry due to its medicinal characteristics will further assist in expanding the country.
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High Cost of the Product
The high cost associated with the white tea compared to other form of tea and fluctuations in raw material prices are expected will create hindrances for the growth of the fish box market.
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Allergies and Side-Effects
The concerns regarding the consumption of white tea, including dizziness insomnia, and gastrointestinal discomfort are projected to challenge the white tea market during the forecast period.
This white tea market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the white tea market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post COVID-19 Impact on White Tea Market
The white tea market faced major issues in the production during the outbreak of COVID-19. The factories were forced to shut down due to the government mandates to prevent the speed of the corona virus. The companies associated with the white tea product faced difficulties with availability of the raw material and shortage of staff and resources, resulting in slowed down the market growth. However, in the post-pandemic scenario the shut downs are being lifted and supply chains are being settled again to the former state.
Recent Development
- Old Village PuEr launched aged white tea in their premium selection range in Aplril’2021. They state that the new range of premium white tea have been picked from premium tea origin, Fu Ding. Thus, the products offer best quality and taste.
Global White Tea Market Scope
The white tea market is segmented on the basis of product, application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Organic
- Conventional
On the basis of product, the white tea market is segmented into organic and conventional.
Application
- Beverages
- Cosmetics And Toiletries
- Pharmaceuticals
On the basis of application, the white tea market is segmented into beverages, cosmetics and toiletries, and pharmaceuticals.
Distribution Channel
- Offline
- Online
On the basis of distribution channel, the white tea market is segmented into offline, and online.
White Tea Market Regional Analysis/Insights
The white tea market is analysed and market size insights and trends are provided by country, product, application and distribution channel as referenced above.
The countries covered in the white tea market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.
Europe dominates the white tea market because of the rise in the consumer awareness regarding health and personal grooming within the region.
Asia-Pacific is expected to witness high growth during the forecast period of 2022 to 2029 owing to the change in consumer behavior and growing disposable income in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and White Tea Market Share Analysis
The white tea market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to white tea market.
Some of the major players operating in the white tea market are Zhejiang Tea Group Co., Ltd. (China), Botaniex, Inc. (US), Dilmah Ceylon Tea Company PLC. (Sri Lanka), Shaanxi Iknow Biotechnology Co.,Ltd. (China), Carrubba INC (US), Wollenhaupt Tee GmbH (Germany), Vicony Tea Directory (US), and Subodh Brothers (India), among others.
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