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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 | Feb 2016

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

IBISWorld’s Tea Production market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
2.4%
Annual Growth 16-21
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Profit
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Employment
1,396
Businesses
51
Industry Analysis & Industry Trends

Demand for tea will continue to brew over 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 on by larger companies, there is a trend toward automating the production process to reduce labor dependence and improve efficiency, translating to a high level of capital intensity for the industry. This is evident in the investing activities of the major players, who have undertaken significant expenditures relating to modernization of plant and equipment. Further, given the high emphasis on innovation and new product development, there is considerable investment in human and intellectual capital such as food scientists and research laboratories.

It is important to note that the level of capital intensity varies considerably with the size of the manufacturer... 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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