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Global Peppermint Tea Market, Trends & Growth Opportunity, By Tea Form (Loose Leaves, Tea Powder, Teabags), By Caffeine Content (With Caffeine, Caffeine Free), By Flavor (Original Unflavored, Flavored), By Region and Forecast Till 2030.


Report ID : IR1002031 | Industries : Energy & Power | Published On :June 2024 | Page Count : 234

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  • Global Peppermint Tea Market, Trends & Growth Opportunity, By Tea Form (Loose Leaves, Tea Powder, Teabags), By Caffeine Content (With Caffeine, Caffeine Free), By Flavor (Original Unflavored, Flavored), By Region and Forecast Till 2030.
    Global Peppermint Tea Market
    The global peppermint tea market was valued at USD 209.82 Mn in 2022 and is expected to expand to USD 346.37 Bn by 2030 at a CAGR of 6.34% during the forecast period 2023-2030.
    Peppermint tea is a natural, caffeine and calorie-free drink. It is derived from Peppermint herbs which are native to Asia and Europe. Peppermint is slightly sweet and minty. Consumption of peppermint tea has been associated with several health benefits such as alleviating migraines, relieving stress, improving digestion, and increasing focus.
    Market Drivers
    The global peppermint tea market is driven by rising consumer awareness about peppermint's health benefits. This trend is supported by the availability of easy, ready-to-drink tea products and mixes. 
    The covid-19 pandemic helped boost the demand for herbal teas because of their immunity-improving properties. Many tea consumers are not hesitating to try other tea flavors, and peppermint has caught on popularity among tea drinkers. The shift in consumer habits to herbal and natural beverages is helping in the expansion of the peppermint tea market.
    Market Restraints
    A lack of consumer awareness may hamper the rapid growth of the peppermint tea market worldwide. Unwillingness to switch to herbal teas from other dominant consumer beverages, such as coffee, will also be a challenge. Peppermint tea has a strong, sharp, and minty flavor. The flavor may not be appealing to everyone, hence restricting the demographic of consumers worldwide.
    Market Segmentation
    The global peppermint tea market is segmented based on the tea form, such as loose leaves, tea powder, and tea bags. Based on caffeine content, it is segmented into with-caffeine and caffeine-free. Further, the market is segmented by flavors, such as original unflavored and flavored.
    Regional Analysis
    Europe is likely to dominate the global peppermint tea market, closely followed by North America. The presence of several longstanding tea companies in Europe, especially in the UK, is a key reason for the European market's dominance over the peppermint tea market. 
    Asia Pacific is likely to register significant growth due to changing consumer preferences for natural and herbal products.
    Key Players
    Twinings (UK), Traditional Medicinals (US), Lipton (UK), Hojicha (Japan), Te-A-Me (India), Teapigs (UK), East West Tea Company (US), Teamonk (India), Teazen (South Korea), Joe’s Tea Co (UK), From Great Origins (US), Dilmah Ceylon Tea Co (Sri Lanka), Hain Celestial Group (US).
    Market Taxonomy
    By Tea Form
    •        Loose Leaves
    •        Tea Powder
    •        Teabags
    By Caffeine Content
    •        With Caffeine
    •        Caffeine Free
    By Flavor
    •        Original Unflavored
    •        Flavored
    By Region
    •        North America (USA, Canada, Mexico)
    •        Europe (Germany, France, UK, Rest of Europe)
    •        Asia Pacific (China, India, Japan, Rest of Asia Pacific)
    •        Latin America (Brazil, Rest of Latin America)
    •        Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa)

    Global Peppermint Tea Market
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Peppermint Tea Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing Economic Downturn
    4.2.6 Post Covid-19 World Supply and Demand Conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Peppermint Tea Market, By Tea Form
    5.1 Y-o-Y Growth Comparison, By Tea Form
    5.2 Global Peppermint Tea Market Share Analysis, By Tea Form
    5.3 Global Peppermint Tea Market Size and Forecast, By Tea Form
    5.3.1 Loose Leaves
    5.3.2 Tea Powder
    5.3.3 Teabags
    6 Global Peppermint Tea Market, By Caffeine Content
    6.1 Y-o-Y Growth Comparison, By Caffeine Content
    6.2 Global Peppermint Tea Market Share Analysis, By Caffeine Content
    6.3 Global Peppermint Tea Market Size and Forecast, By Caffeine Content
    6.3.1 With Caffeine
    6.3.2 Caffeine Free
    7 Global Peppermint Tea Market, By Flavor
    7.1 Y-o-Y Growth Comparison, By Flavor
    7.2 Global Peppermint Tea Market Share Analysis, By Flavor
    7.3 Global Peppermint Tea Market Size and Forecast, By Flavor
    7.3.1 Original Unflavored
    7.3.2 Flavored
    8 Global Peppermint Tea Market, By Region
    8.1 Global Peppermint Tea Market Share Analysis, By Region
    8.2 Global Peppermint Tea Market Size and Forecast, By Region
    9 North America Peppermint Tea Market Analysis and Forecast (2023-2030)
    9.1 Introduction
    9.2 North America Peppermint Tea Market Share Analysis, By Tea Form
    9.3 North America Peppermint Tea Market Size and Forecast, By Caffeine Content
    9.4 North America Peppermint Tea Market Size and Forecast, By Flavor
    9.5 North America Peppermint Tea Market Size and Forecast, By Country
    9.5.1 U.S.
    9.5.2 Canada
    9.5.3 Mexico
    10 Europe Peppermint Tea Market Analysis and Forecast (2023-2030)
    10.1 Introduction
    10.2 Europe Peppermint Tea Market Share Analysis, By Tea Form
    10.3 Europe Peppermint Tea Market Size and Forecast, By Caffeine Content
    10.4 Europe Peppermint Tea Market Size and Forecast, By Flavor
    10.5 Europe Peppermint Tea Market Size and Forecast, By Country
    10.5.1 Germany
    10.5.2 France
    10.5.3 UK
    10.5.4 Rest of Europe
    11 Asia Pacific Peppermint Tea Market Analysis and Forecast (2023-2030)
    11.1 Introduction
    11.2 Asia Pacific Peppermint Tea Market Share Analysis, By Tea Form
    11.3 Asia Pacific Peppermint Tea Market Size and Forecast, By Caffeine Content
    11.4 Asia Pacific Peppermint Tea Market Size and Forecast, By Flavor
    11.5 Asia Pacific Peppermint Tea Market Size and Forecast, By Country
    11.5.1 China
    11.5.2 Japan
    11.5.3 India
    11.5.4 Rest of Asia
    12 Latin America Peppermint Tea Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 Latin America Peppermint Tea Market Share Analysis, By Tea Form
    12.3 Latin America Peppermint Tea Market Size and Forecast, By Caffeine Content
    12.4 Latin America Peppermint Tea Market Size and Forecast, By Flavor
    12.5 Latin America Peppermint Tea Market Size and Forecast, By Country
    12.5.1 Brazil
    12.5.2 Rest of Latin America
    13 Middle East Peppermint Tea Market Analysis and Forecast (2023-2030)
    13.1 Introduction
    13.2 Middle East Peppermint Tea Market Share Analysis, By Tea Form
    13.3 Middle East Peppermint Tea Market Size and Forecast, By Caffeine Content
    13.4 Middle East Peppermint Tea Market Size and Forecast, By Flavor
    13.5 Middle East Peppermint Tea Market Size and Forecast, By Country
    13.5.1 Saudi Arabia
    13.5.2 UAE
    13.5.3 Egypt
    13.5.4 Kuwait
    13.5.5 South Africa
    14 Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market Share Analysis of Top Vendors
    14.3 Key Development Strategies
    15 Company Profiles
    15.1 Twinings (UK)
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2 Traditional Medicinals (US)
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 Lipton (UK)
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 Hojicha (Japan)
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Te-A-Me (India)
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 Teapigs (UK)
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 East West Tea Company (US)
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies
    15.8 Teamonk (India) 
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9 Teazen (South Korea)
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies
    15.10 Joe’s Tea Co (UK)
    15.10.1 Overview
    15.10.2 Offerings
    15.10.3 Key Financials
    15.10.4 Business Segment & Geographic Overview
    15.10.5 Key Market Developments
    15.10.6 Key Strategies
    15.11 From Great Origins (US)
    15.11.1 Overview
    15.11.2 Offerings
    15.11.3 Key Financials
    15.11.4 Business Segment & Geographic Overview
    15.11.5 Key Market Developments
    15.11.6 Key Strategies
    15.12 Dilmah Ceylon Tea Co (Sri Lanka)
    15.12.1 Overview
    15.12.2 Offerings
    15.12.3 Key Financials
    15.12.4 Business Segment & Geographic Overview
    15.12.5 Key Market Developments
    15.12.6 Key Strategies
    15.13 Hain Celestial Group (US)
    15.13.1 Overview
    15.13.2 Offerings
    15.13.3 Key Financials
    15.13.4 Business Segment & Geographic Overview
    15.13.5 Key Market Developments
    15.13.6 Key Strategies