Floral Tea Market Targets $701.58 Million By 2032, CAGR: 5.9%

Floral Tea Market Size Worth $701.58 Million By 2032 | CAGR: 5.9%


The global floral tea market size is expected to reach USD 701.58 million by 2032, according to a new study by Polaris Market Research. The report “Floral Tea Market Share, Size, Trends, Industry Analysis Report, By Source (Chamomile, Calendula, Rose, Blue Lotus, Hibiscus, Chrysanthemum, Rooibos, and Others); By Type; By Distribution Channel; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Growing consumer awareness about the numerous potential health benefits associated with the consumption of floral tea and increasing availability of ready-to-drink floral teas and tea concentrates that cater to consumers with busy lifestyles are the primary factors influencing the global market growth.

Additionally, the rising investments towards research & development activities focused on the creation and introduction of new tea flavors with exotic and unique aromas coupled with innovative packaging solutions, such as eco-friendly and aesthetically appealing designs, that not only attract consumers but also allow companies to differentiate their products in the competitive market and could generate high revenue and sales.

  • For instance, in October 2023, Brew To A Tea announced the launch of its new series of floral tea accessories that are specially designed to enhance the overall ambiance of the holiday dining season. This series includes Floral Tea Cups and Saucers, a 3-tier Porcelain Dessert Stand, and a Floral Tea Set, which all feature ornate floral motifs.

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The rapid increase in the number of advances in extraction and infusion technologies has allowed for the efficient extraction of flavors, colors, and aromas from flowers and led to the development of concentrated floral extracts and infusion systems providing consistent and customizable flavors for tea blends, are likely to generate lucrative growth opportunities for the market in the near future.

Furthermore, the emergence of several e-commerce platforms and direct-to-consumer sales models across the world that enable brands to easily reach a global audience, especially for unique and niche floral tea products without the need for a physical retail presence, is also likely to have a positive impact on market’s growth over the coming years.

Floral Tea Market Report Highlights

  • The blue lotus segment accounted for the notable market share, mainly due to its advantageous characteristics, including unique & exotic flavor and rich history in various cultures.
  • The loose package segment held the majority share, owing to its ability to allow consumers to experiment with their brewing process and provide herbal infusions.
  • The online segment will grow at the highest pace, which is mainly attributable to the surging prevalence of online shopping platforms offering a range of benefits to consumers.
  • North America dominated the global market with a substantial share, owing to the region’s higher awareness about the health benefits and availability of floral tea options.
  • The key market players include TeBella Tea Company, TWG Tea, Numi Organic Tea, Harney & Sons, Davidson’s Organics, Yogi Tea, and Mother Parkers Tea & Coffee.

Polaris Market Research has segmented the floral tea market report based on source, type, distribution channel, and region:

Floral Tea, Source Outlook (Revenue - USD Million, 2023 - 2032)

  • Chamomile
  • Calendula
  • Rose
  • Blue Lotus
  • Hibiscus
  • Chrysanthemum
  • Rooibos
  • Others

Floral Tea, Type Outlook (Revenue - USD Million, 2023 - 2032)

  • Loose Package
  • Individual Package

Floral Tea, Distribution Channel Outlook (Revenue - USD Million, 2023 - 2032)

  • Online
  • Offline

Floral Tea, Regional Outlook (Revenue - USD Million, 2023 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Floral Tea Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 441.85 million

Revenue forecast in 2032

USD 701.58 million

CAGR

5.9% from 2024 – 2032

Base Year

2023

Historical Data

2019 – 2022

Forecast Period

2024 – 2032

Quantitative Units

Revenue in USD million and CAGR from 2024 to 2032

Segments Covered

By Product, By Treatment, By End User, By Region

Regional Scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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