India Tea Market Examined by SRI in New Research Report Published at MarketPublishers.com11 Jun 2014 • by Natalie Aster
LONDON – India is the 2nd largest tea consumer and producer in the world. At present, the value of the national tea market is estimated at about INR 15000 crore. The country’s tea industry derives its importance by dint of being one of the key foreign exchange earners. The Indian tea market offers lucrative opportunities to the market players due to the fact that India is a 100 per cent tea-penetrated market, with tea drinking deeply ingrained in the national culture. Hindustan Unilever, Tata Global Beverages, Associated British Foods and Wagh Bakri Tea Group are among the dominant players in the country’s tea market.
Black tea takes the lead in the Indian tea market. Meanwhile, green tea along with some other flavoured variants tends to gain popularity alongside market share. During the past several years, the Indian green tea market posted 50% YoY growth, and presently, it is evaluated at approximately INR 150 crores. The country’s flavours tea market currently stands at just above INR 1300 crores.
New research report “Assessment of the Indian Tea Market 2014” elaborated by Smart Research Insights (SRI) presents an all-round assessment of the national tea market landscape.
The novel report provides a detailed analysis of the Indian tea market, supplemented with a full set of authoritative data illustrating the historical and present performance of the sector. It contains an extensive market assessment by tea origin and tea variants. Besides, the topical study gives access to authoritative industry statistics, sheds light on the major market drivers and limiters, includes a summary of the prevailing market development trends, besides outlining and characterizing the market’s top growth opportunities and challenges. The research report presents profound insights into the competitive environment and also profiles the leading companies engaged in the domestic tea industry. Additionally, a comprehensive future outlook for the Indian tea market is provided in the report.
Assessment of the Indian Tea Market 2014
Published: June, 2014
Price: US$ 1,000.00
Other Market Research Reports by SRI:
- Assessment of China's Infant Formula Market 2014
- Understanding the New Age Global Consumer-2014
- Assessment of the China & Middle East & North Africa Baby Food Market 2014
- Changing Dynamics of the Indonesian Tourism Market
More new studies by the publisher can be found at SRI page.