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Tea Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tea Production Market Research Report | NAICS 31192b | Jul 2016

Piping hot: Revenue will heat up as the wave of health consciousness supports growth

IBISWorld’s Tea Production market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 11-16
1.5%
Annual Growth 16-21
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Profit
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Employment
1,732
Businesses
52
Industry Analysis & Industry Trends

Demand for tea will continue to grow during the next five years due to increased health awareness and new product offerings. Tea is becoming infused into the American diet as consumers become more health conscious and look for alternatives to sugar-rich carbonated beverages. However, while the tea industry will continue to experience an upswing, strong demand for ready-to-drink teas and beverages, this industry's competitors, will somewhat limit revenue growth... purchase to read more

Industry Report - Industry Investment Chapter

Most modern food and beverage manufacturing plants require a medium level of capital investment. Spurred by larger companies, such as Unilever and Starbucks Corporation, there is a trend toward automating the production process to reduce labor dependence and improve efficiency, translating to a moderate level of capital intensity for this industry. This is evident in the investing activities of the major players, which have undertaken significant expenditures relating to the modernization of plants and equipment... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Tea Production Industry?

This industry comprises businesses that blend and package tea, excluding iced and ready-to-drink tea.

Industry Products
Black teaGreen and white teaHerbal tea
 
Industry Activities
Importing tea leavesTea leaf oxidationBlending teaPackaging tea


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