Tea Market - Global Industry Analysis, Trend, Size, Share and Forecast, 2014 – 2020

The global tea market is expected to witness a significant growth during the forecast period. This is due to increasing demand from a growing segment of the population for different flavors of tea. Globally, the most popular and lowest cost beverage after water is tea. A wide range of age group all across the world consumes it. A large number of people earn their livelihood through the production and processing of tea. Tea consumption is gaining popularity due to the antioxidants properties of tea leaves due to which they are widely used to treat cancer, reduce risk of heart attacks, prevent arthritis, improve bone density, and control blood pressure among others.

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The report comprises a detailed description regarding the forecast and analysis of the tea market globally. The forecast provided in the report is based on volumes (kg billion) and revenue (USD billion) for the period ranging from 2014 to 2020. For better understanding of the tea market, we have given a detailed analysis of the drivers and restraints of the tea market and their impact on the market growth within the forecast period. Furthermore, the scope of the report covers market attractiveness analysis, where the product types of tea are analyzed based on their market size, growth rate and general attractiveness. We have also covered the existing market scenario for tea and highlighted future trends that are likely to affect the demand for tea. In addition, the study also includes a detailed competitive landscape comprising the market share of the top companies.

The market has been segmented into by product type and by geography. Each segment is forecast in terms of revenue (USD billion) and volume (Kg billion). The global tea market, by product type is segmented into – leaf tea and CTC tea (crush, curl and tear). Leaf tea is further categorized into black tea, green tea and oolong tea. Tea is consumed in two forms – packaged and loose. However, loose tea holds the major market share but packaged tea manufacturers are focusing on increasing their market share by raising the quality of tea and launching different flavor of tea. The market for CTC tea is comparatively larger as compared to leaf tea market. Growing consumer demand for hot beverages such as tea and easy availability at low price is a driving factor behind the growth of global CTC tea. The tea market is primarily driven by the increasing consumer interest in healthy products. People prefer to have tea not only as a refreshment beverage; it also helps to gain different health benefits.

By geography, the market has been segmented into North America, Europe, Asia-Pacific and RoW. Increasing demand for hot beverages and low price of tea are fueling the growth of tea market. Under Asia Pacific region, India and China are the major producer and consumer of tea. Moreover, these countries are involved in exporting tea in different countries. Due to increasing demand for tea, producers are focusing on producing different flavor of tea to meet the consumers need. They are upgrading their production to attract more consumers. The forecast also includes the current market size and forecast till 2020.

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The report also analyzes different factors influencing and inhibiting the growth of the tea market. The market attractiveness analysis provided in the report highlights major areas ripe for investment in this industry. The report will help the producers, suppliers and distributors to understand the current and future trends in this market and formulate their business strategies accordingly.

Some key players in this market include Twinning of London, Unilever, Wissotzky Tea, Akbar Brothers Ltd. and Tata Global Beverages Ltd among others. Tea is sold through a variety of channels. The existence of a strong distribution channel is among the key drivers behind the growth of tea market. Major distribution channels such as hypermarkets / supermarkets, retailers, general merchandisers, convenience stores, food and drinks specialists are among the most preferred channels for the sale of tea. Convenience stores and supermarkets have become popular channels for purchase of goods due to improvement in the living standard of people in several developed countries. Supermarkets and hypermarkets are likely to dominate the distribution channels by 2020.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Global Flavored and Functional Water Market will Reach US$15.90 billion by 2019

In its latest research report published recently, Transparency Market Research states, the global flavored and functional water market is likely to reach USD 15.90 billion by 2019. The report, titled “Flavored and Functional Water Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019” says that the market will witness a CAGR of 5.2%.

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The flavored and functional water market has expanded and grown by leaps and bounds due to increasing rate of obesity, shift in perception towards healthier drinks, and rising aging population. Flavored and functional drinks, which are high in vitamins, herbs, minerals, and amino acids, are steadily gaining popularity over aerated drinks as these are competitively priced.

The most commonly seen flavored and functional water items are orange, cherry, lemon, apple, peach, and mixed flavors. These drinks do not contain any preservatives, carbonation, color, or caffeine. The increasing amount of health concerns and health issues caused by aerated drinks is leading to people opting for flavored and functional water.

Rapid urbanization in Asia, Latin America, and the Middle East has led to rise in disposable incomes of the population. Urbanization also leads to increased consumer awareness about better lifestyle options with regards to products. These two factors are speedily driving the market of flavored and functional water on the road to success. Poor water management resulting in polluted water supply in the industrial and agricultural areas of China have also led to a rise in the demand of bottled water, inclusive of flavored and functional water. As the urban population is seeking products to better their health and lifestyle, they are surely proving to be potential markets for key players.

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The flavored and functional water market grew by 7.3% to reach a valuation of USD 17,200 million in 2012. However, only flavored water segment reached USD 11,653.8 million in 2012, which was more by 7.1% since 2011. Functional water segment is also expected to grow as forecasted in the coming period.

As per 2012 records, Japan, Italy, France, Germany, and U.S. are some of the top ranking markets for this segment. However, Asia Pacific has proved to be a promising market with double digit growth in 2012.

Some of the major companies that running the flavored and functional water market are Kraft Foods, Nestl, Sunny Delight Beverages Company, Groupe Danone, PepsiCo, The Coca-Cola Company, Hint Water, and Balance Water Company.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Animal Feed Antioxidants Market to Benefit from Mounting Demand of Feedstock Products across the Globe:Transparency Market Research

A new research report on the global market for animal feed antioxidants states that the market will grow moderately from US$162.4 million in 2011 to US$216.8 million by 2018, at a CAGR of 4.2% between 2012 and 2018. The report emphasizes upon the rising meat consumption and disease outbreaks in animals as the key factors driving the global animal feed antioxidants market.The report is titled “Natural and Synthetic Animal Feed Antioxidants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018”. Antioxidants in animal feed, often termed as ‘shelf-life extenders’, help in protecting feed from deterioration in terms of feed nutrients such as vitamins, fats, flavoring agents, and pigments, thus providing nutrient security to animals. Oxidized feed does not only lack in essential nutrients, its consumption can also lead to reduced performance and health issues in animals.

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A globally mounting demand for livestock products such as milk, eggs, and meat is an important factor leading to increased demand for a variety of animal feed products and additives such as antioxidants. Globally, livestock farmers are focusing on higher usage of antioxidants in animal feed to improve production and reduce losses incurred due to feed deterioration, leading to positive growth prospects for the market. However, the market’s growth is objected by certain factors such as stringent government regulations regarding the nature of antioxidants and the difficulties observed while working with natural antioxidants.The report segments the global market for animal feed antioxidants according to three key criteria: product types, livestock type, and the key regional market.

The segment of product type includes the two key types of animal feed antioxidants: natural and synthetic. Natural animal feed antioxidants refer to the antioxidants formulated from a variety of raw materials such as rapeseed, corn, and numerous oilseeds. Synthetic animal feed antioxidants are manufactured as pure substances of constant composition, which are then mixed in properly defined mixtures with various pure substances.The market segment of livestock type is further segmented by the report into pork/swine, poultry, cattle, and aquaculture. Of these, the poultry feed market segment accounted for 33.95% of market share in 2011. In the same year, the market segment of pork/swine feed accounted for 27.6%.

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The Asia Pacific market, being home to the world’s largest producer of pork i.e. China, accounted for more than 50% share of the overall animal feed antioxidants market in 2011. Market shares of North America and Europe follow distant second and third leads. In the forecast period, the animal feed antioxidants market in Asia Pacific is not only projected to be the largest, but also to be the one growing at the fastest pace.

The report also presents detailed business profiles of the key vendors operating in the highly competitive global marketplace for natural and synthetic animal feed antioxidants. These include Danisco, ADM, DSM, BASF SE, ADISSEO, Alltech, Novozymes, BELDEM, Kemin Industries, Inc., AB Vista, Addcon Group Gmbh, CHR, Hansen, and Evonik Industries.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Global Forage Feed Market Fueled by Growing Significance and Escalating Demand: Transparency Market Research

Forage feed refers to food that is consumed by grazing animals. Traditionally, forage only meant plants such as crop residue, pasture, or immature cereal crops that were eaten by animals. However, as the global forage feed market grows to provide quality feed to livestock, there is a variety of forage feed in the market that is being sold through retailers. Companies are looking at ways to enhance forage feed in order to increase its nutritional value, resulting in increased milk production at dairy farms.

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Today, manufacturers produce forage feed out of green feed, herbaceous legumes, grass, tree legumes, silage, and hay. Forage feed not only contributes to the benefit of livestock production and their output, but it also helps in conserving the environment to a great extent. Forage feed is a vital aid to production of food crop by conserving soil, wildlife, landscape, curbing pollution, and reclaiming and revegetating degraded areas. It also acts as a source of high quality proteins for many pharmaceutical and medical products.

The global forage feed market is segmented on the basis of products, type of livestock, and region. The product segment of the global forage feed market includes fresh forage, stored forage, and others. Depending on the livestock, the global forage feed market is fragmented into pork or swine, poultry, aquaculture, cattle, and others. Geographically, the global forage feed market is divided into North America, Europe, Asia Pacific, and Rest of the World. The best kind of forage is fresh forage as it provides the livestock with high quality nourishment and is considered to be palatable feed. Stored forage such as hay is chopped and packed in plastic bags.

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Increasing Meat Consumption Fuels the Global Forage Feed Market

The global forage feed market was valued at US$85.06 billion in 2013 and will reach US$162.87 billion by 2019, growing a CAGR of 11.4% from 2013 to 2019. In terms of volume the forecast growth rate is a CAGR of 9.2%. This high growth rate is largely fueled by increasing meat consumption across the globe, rising awareness about the health benefits of forage feed for animals, and growing farm animal population.

Forage Feed Substitutes Hinder the Growth

Despite the presence of strong growth factors, the global forage feed market has a tough road ahead. The availability of a wide range of substitutes is the biggest threat to this market. Due to lack of funds and support from governments, poultries prefer these substitutes over high quality forage feed; thus stealing the limelight from the forage feed market in certain regions. Additionally, lack of funds for research and development activities in the global forage feed market is also hindering the growth of this sector.

Asia Pacific Holds the Biggest Market Share

In terms of region, Asia Pacific leads the global forage feed market with a share of 41.51% in 2013. The biggest contributors to this growth are countries such as Japan, India, China, and Japan. The Asia Pacific region is expected to register a growth rate of 11.8% during the forecast period, making it the best performing regional segment of the global forage feed market. Europe closely followed Asia Pacific in 2013 with a market share of 28.1% in terms of revenue generation.

Some of the key players of the global forage feed market are The Pure Feed Company Limited, Cargill Incorporated, Triple Crown Nutrition Inc., Standlee Hay Company Inc., Baileys Horse Feeds, Semican Inc., and J. Grennan and Sons. The action plans of these companies will decide the future growth of this market in the global economy.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Global Frozen Food Market Largely Impacted by Drastic Change in Lifestyles:Transparency Market Research

The global frozen food market is a significant part of the overall food industry and has been a great contributor to the expansion of the food industry. Frozen food items may be canned, cooked, or pre-cooked and are stored below the temperature of -9.5°C in order to increase their shelf life. Such freezing temperatures help in preventing the growth of microorganisms in food and delay the process of decomposition.

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The two processes used for freezing food are mechanical freezing and cryogenic or flash freezing. The type of method used for freezing and packing food is determined by the texture of the item. The food packaging industry has been opting for the cryogenic method since it allows quick freezing, making smaller ice crystals and thus preserving the texture and quality of the food.

Busy Lives Driving Global Frozen Food Market

The biggest factor driving the global frozen food market is convenience. In times that are dictated by work and busy schedules, there is little or no room for cooking elaborate meals. Owing to these reasons, several city dwellers are opting for frozen food items, which can be prepared in minutes with simple heat treatments. In addition to this, the global frozen food market offers a wide range of items of various cuisines. These offerings are an added advantage for the frozen food market as global citizens are provided with local solutions to satisfy their taste buds even when miles away from home.

Ready-to-Eat Meals Leads the Frozen Food Market

The product segment in the global frozen food market is inclusive of frozen fish or seafood, ready meals, frozen potatoes, frozen soup, and frozen fruits and vegetables. The frozen ready-to-eat meal segment is further fragmented into products such as desserts, pizza, snacks, and entrees. Out of these sub-segments, the frozen ready meals category is expected to grow at a CAGR of 3.9% from 2013 to 2019. Furthermore, the frozen potatoes segment, which has held a minor share so far, is also expected to grow at a rapid pace with increasing applications of these food products. By 2019, the frozen vegetables and fruits market will have also reached new heights as innovative technological advancements are slowly moving towards making these vegetables and fruits last longer. In order to reap heavy returns on investments, manufacturers in the global frozen food market are working towards tapping into the “next-generation” demographic group that is likely to buy more frozen food.

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Brazil and Argentina to Fulfill Great Expectations of the Global Frozen Food Market

Geographically, the global frozen food market is divided into North America, Asia Pacific, Europe, and Rest of the World. Analysts predict that countries from the Rest of the World region such as Brazil and Argentina will witness the highest growth rate in the coming five years as new markets open up for frozen food. Historic data suggests that Europe was leading the global frozen food market in 2012 with a share of over 35%. In the next five years, the frozen food market is expected to grow at a CAGR of 3.8% with Germany being the biggest consumer and grabbing a market share of over 15%. Furthermore, Asia Pacific is showing a promise of winning a share of 24.8% of the market. The biggest contributors to this stupendous growth will be the emerging economies of China and India. Lastly, the frozen food market in North America will grow at a slower rate compared to the other regions in this market.

The key players in the global frozen food market include H.J. Heinz, Nestle, ConAgra, The Schwan Food Company, and McCains. The innovative approaches taken by these companies and their marketing efforts will decide the fate of the global frozen food market in the coming five years.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Organic Food and Beverages Market Governed by Changing Consumer Preferences across the Globe:Transparency Market Research

Transparency Market Research, in its latest report, states that the global organic food and beverages market stands to grow at a strong CAGR of 15.5% from 2013 to 2019. The report, titled “Organic Food Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, indicates that if the projected growth rate holds true, the demand for organic food and beverages will rise from US$70.70 billion in 2012 to US$187.85 billion in 2019.

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Organic food and beverages are edibles that are not processed using irradiation, industrial solvents, or any form of synthetic food additives, thereby adhering to the requirements of USDA’s National Organic Program. The use of organic food products not only conserves biodiversity but helps maintain the ecological balance and promotes resource cycling.There has been a significant shift in consumer perception when it comes to organic food and beverages and an increased number of consumers have been leaning towards an organic way of life. Governments all over the world have also realized the importance of organic food and beverages and have been formulating regulations that support the consumption of organic food. Distribution channels across the globe have not only expanded but strengthened their presence, catering to a larger target audience. This has greatly supported the growth of the organic food and beverages market. An observation of consumer trends and preferences shows that there is a massive scope for R&D in this field, which is projected to fuel the global market for organic food and beverages in the near future.

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On the other hand, shorter life span and higher costs compared to conventional food is estimated to restrict the growth of the organic food and beverages market.The global organic food and beverages market is extremely fragmented and players operating at different levels hold meager shares of the overall market. The report studies the vendor landscape of the organic food and beverages market and identifies some key participants – Organic Valley, Kraft Foods Group Inc., Groupe Danone SA, Amy’s Kitchen Inc., Whole Foods Market, Starbucks Corporation, Kellogg Company, Dean Foods Co., Nestle SA, PepsiCo Inc.,Eden Foods, The Coca-Cola Company, and The Hain Celestial Group, Inc. Owing to a wide range of brands as well as products in its portfolio, The Hain Celestial Group, Inc. dominates the global organic food and beverages market.

The presence of premium brands catering to high-end retailers is just as responsible for strengthening the organic food and beverages market as the presence of other brands that target club stores, supermarkets, health food stores, and discount stores. In addition to this, private labels have established themselves as an invaluable part of the overall organic food and beverages market, with superb service from Starbucks, Whole Food’s 365 Everyday Value, and Amy’s Kitchen Inc.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

North America Milk Market Rides on Growing Health Concerns and Change in Food Habits

If there is one aspect of daily diet that is universal, it has to be milk. No matter where you live or which language you speak, milk forms an irreplaceable part of one’s diet due to the high nutritional value and health benefits it offers. In recent years, North America has emerged as a flourishing market for milk and dairy products. Factors such as growing health concerns, shift in lifestyle preferences, and growing inclination towards healthier food habits have fuelled the demand for milk and dairy products in the region. In fact, reports indicate steadily rising market share of private labels across Canada and Mexico owing to high quality and low price of milk available in the region. The market for milk in North America is expected to reach US$35.8 billion by the end of 2019 at a CAGR of 3.5%. In terms of volume, the consumption of milk in North America is anticipated to grow from 17.96 billion kgin 2013 to 21.05 billion kg in 2019 at a CAGR of 2.13%.

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Canada and the U.S. Lead the Milk Market in North America

The milk market in North America is highly fragmented and competitive by nature. This has led to greater product innovation and availability of milk in different forms such as buttermilk, flavored milk, powder milk, and liquid milk, which has further contributed to the growth in demand for milk in the region. Given theavailability of different types of dairy products in the region and the increasing influx of immigrants and their families in countries such as the United States and Canada,the demand for milk and other dairy products will substantially increase.

The milk market in North America has been country-wise segmented into the United States, Mexico, and Canada. The market share for private labels is rising steadily in Canada and Mexico due to the ongoing competition among milk processors. The intensity of prevailing competition is further aggravated by the availability of high quality milk at pocket-friendly prices. It has been observed that consumers across North America are more inclined towards private label brands compared to national brands for milk owing to their cost-effectiveness. This trend has resulted in a sizeable increase in market share for private labelsin the United States over the last couple of years.

In the United States the demand for dairy alternative beverages are quite high, while in Mexico and Canada animal milk is preferred over plant milk at any given point.

Change in Consumer Preference to Buoy Demand for Milk in North America

There are many factors contributing to the steady growth of the milk market in North America.Firstly, the market for milk in North America is supported by a strong network of distribution channels that ensures easy availability of milk across retail outlets. Moreover, consumers in the region are becoming increasingly conscious about the nutritional value of the food they consume. This has significantly contributed to the rise in demand for milk and dairy products because they are preferred sources of nutrients especially calcium. According to industry sources, change in eating habits among consumers in North America is expected to buoy the demand for milk in the region.

North America Milk Market Needs to Contend With Substitutes Such as Soy and Almond Milk

It is important to note here that in spite of such flourishing opportunities, the market for milk in North America is not free from its share of restraints. Factors such as short shelf-life of milk and availability of close substitutes such as soy and almond milk often appear as bottlenecks hindering the growth of the market. However, growing demand for milk as a daily nutrient requirement to avoid health deficiency of any kind is expected to create significant opportunities for the market to thrive in North America.

Private Labels Hold Prominent Share of the Market

In the United States, the Dairy Farmers of America was reported to have the maximum share of market in 2013 compared to private labels in the region. The milk market in Canada was dominated by private labels such as Neilson, Parmalat, and Dairy Land in the same year. GrupoLala on the other hand, registered the maximum share of market in Mexico in 2013.

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About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.