Gaining steam: The aging population and rising tea consumption will keep revenue growth hot

IBISWorld’s Herbal Tea Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Threats & Opportunities

  • Mainstream retailers are progressively stocking herbal teas as consumer demand heightens
  • People increasingly look to the health benefits of tea as a form of alternative medicine
  • The aging population and rising per capita tea consumption will contribute to growth

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    Industry Analysis & Industry Trends

    Rising awareness surrounding the health benefits of herbal tea and the improving economy have bolstered demand for the Herbal Tea Production industry. Moreover, price-premium teas with organic blends have grown in popularity as rising employment levels increase discretionary income. In the coming years, while continuing health trends and the aging population will boost domestic demand, a large share of demand will be captured by low-cost imports. The US dollar is anticipated to continue growing strongly over the next five years, reducing the relative cost of imported teas and encouraging retailers to purchase foreign-produced tea...

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    Industry Report - Industry Locations Chapter

    A variety of plants that are used in herbal teas are native to the United States, unlike tea-plant farming, which is relatively limited in the United States due to the lack of ideal growing conditions. Although the United States imports a large share of the herbs used in producing herbal teas, commercial farms in the West region are another key source of inputs for the industry. Herbal tea producers tend to locate near key consumer markets and herb farmers to minimize transportation costs. The West, Southeast, Mid-Atlantic and Great Lakes regions are the most prominent centers of industry activity.

    An estimated 34.4% of herbal tea facilities are located in the West region because California is home to more manufacturing facilities than any other state, comprising 14.1% o..

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    Additional Insights for the Herbal Tea Production Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Herbal Tea Production Industry are

  • Supply contracts in place for key inputs
  • Ability to alter goods and services produced in favor of market conditions
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Per capita tea consumption in the Herbal Tea Production industry impact industry performance..

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    Industry Products

    What is the Herbal Tea Production Industry?

    Companies in this industry blend and package plant infusions made from any leaf, root, fruit or flower that comes from a plant other than the tea plant. The industry does not include iced and ready-to-drink herbal teas.

    Industry Products
    Rooibos tea
    Mate tea
    Chamomile tea
    Senna tea
    Other herbal
    Industry Activities
    Importing herbs
    Blending herbs
    Packaging herbal teas
    Packaging medicinal teas

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Per capita tea consumption
  • Healthy eating index
  • Trade-weighted index
  • Number of adults aged 20 to 64

  • Current Performance
  • Health awareness complements consumption
  • Alternative remedies on the rise
  • Direct to the consumer helps profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Competition and distribution
  • Table: Herbal Tea Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Herbal Tea Production Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Grocery Wholesaling
  • Supermarkets & Grocery Stores
  • Convenience Stores
  • Food Service Contractors

  • Key Selling Industries
  • Agriculture, Forestry, Fishing and Hunting
  • Baking Mix & Prepared Food Production
  • Fruit & Nut Farming
  • Plastic Bottle Manufacturing

  • Products & Services
  • Other herbal
  • Chamomile tea
  • Senna tea
  • Rooibos tea
  • Mate tea
  • Chart: Herbal Tea Production Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Grocery wholesalers
  • Retail trade
  • Exports
  • Food service industry
  • Direct sales
  • Chart: Major Market Segmentation for the Herbal Tea Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesLabor and capitalOther expenses
  • Chart: Cost Structure Benchmarking – Sector vs Herbal Tea Production

  • Basis of Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Herbal Tea Production Industry

  • Industry Globalization
    Major Companies
    UnileverR.C. Bigelow Inc.Hain Celestial Group Inc.
  • Table: Unilever - financial performance
  • Table: R.C. Bigelow Inc. - financial performance
  • Table: Hain Celestial Group Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Herbal Tea Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Herbal Tea Production Industry
  • Industry Revenue (2006-2020)
  • Industry Gross Product (2006-2020)
  • Establishments (2006-2020)
  • Businesses (2006-2020)
  • Employment (2006-2020)
  • Exports (2006-2020)
  • Imports (2006-2020)
  • Wages (2006-2020)
  • Per capita tea consumption (2006-2020)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Ready-To-Drink (Rtd)
  • A beverage produced and packaged for immediate consumption.
  • Rooibos
  • A South African shrub with leaves that can be dried and used to make herbal tea.
  • Tisane
  • Another name for herbal tea; it can also go by the name infusion.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Herbal Tea Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Herbal Tea Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Herbal Tea Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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