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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 | Aug 2014

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
Market Share of Companies
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
6.3%
Annual Growth 14-19
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Profit
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Employment
2,772
Businesses
90
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, however, there is a trend toward automating the production process to reduce labor dependence and improve efficiency. 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 includes businesses that blend and package tea, excluding iced and ready-to-drink tea.

Industry Products
Specialty and gourmet teaTea bagsLoose teaInstant tea
 
Industry Activities
Importing tea leavesTea leaf oxidationBlending teaPackaging tea


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