The Europe Chrysanthemum Tea Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 401.6 Tonnes, showcasing a growth of 4.7% (2019-2022).
The surge in demand for beverages with floral flavours has significantly impacted the expansion of the market. These beverages offer a distinctive flavour experience that appeals to consumers who seek novel tea Flavors. With its distinctive floral flavours, chrysanthemum tea effectively satisfies this demand, making it an ideal alternative to conventional beverages. The visual appeal of floral-infused drinks, distinguished by vibrant hues and delicate flower petals, is popular among consumers who place a premium on presentation in tea beverages.
Additionally, the growing preference for floral-infused beverages presents substantial opportunities for market players in the market to cater to diverse consumer demands, capitalize on natural and botanical trends, and attract a larger customer base, especially health-conscious individuals. Tea polysaccharides (TPS) containing skincare products are anticipated to experience considerable growth because of their skin-brightening and antioxidant qualities. These factors indicate that the regional market will grow substantially in the future.
Multiple studies have discovered that tea consumption is associated with a reduced incidence of multiple cancers, including breast, ovarian, and colorectal cancer. This may be because tea contains antioxidants, protecting against DNA damage and decreasing the chance of developing cancer. Compounds in tea may reduce the risk of gum disease and tooth decay. Notably, green tea has been demonstrated to possess antibacterial qualities that may aid in eliminating the bacteria that cause these conditions.
In recent years, European tea plantations have developed in unexpected places. Tea bushes are flourishing in Switzerland, Holland, and the Scottish Highlands. The vast majority of European tea plantations were planted with seedlings from Georgia. A study of half a million tea consumers in the United Kingdom revealed a modestly lower risk of death was related to increased tea consumption.
The Germany market dominated the Europe Chrysanthemum Tea Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $13,154.9 Thousands by 2030. The UK market is exhibiting a CAGR of 3.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.3% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Type, the market is segmented into Chrysanthemum indicum, and Chrysanthemum morifolium. Based on Packaging, the market is segmented into Loose, Tea Bags, and Bottled/Canned. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Chrysanthemum Tea Market will Hit $217 Million by 2030, at a CAGR of 4.8%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Yunnan Sourcing Tea Shop Bravo Teas & Herbs, Inc., Asha Tea House, Teasenz (Hong Kong Oriental Tea Co., Limited), The Chinese Tea Company, Ten Ren Tea Co., Ltd., Grand Tea & Imports, Onyx Coffee Lab, Chymey Teas, Yeo Hiap Seng Ltd. (Far East Organization)
By Application (Volume, Tonnes, USD Thousands, 2019-2030)
By Distribution Channel (Volume, Tonnes, USD Thousands, 2019-2030)
By Type (Volume, Tonnes, USD Thousands, 2019-2030)
By Packaging (Volume, Tonnes, USD Thousands, 2019-2030)
By Country (Volume, Tonnes, USD Thousands, 2019-2030)
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