The Latin America, Middle East and Africa Chrysanthemum Tea Market would witness market growth of 6.5% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 194.6 Tonnes, showcasing a growth of 7.8 % (2023-2030).
Collaborations with tea artisans allow them to leverage their expertise and craftmanship, creating exceptional tea blends that captivate a large customer base. In addition, packaging innovation is a key market trend, as eye-catching packaging designs contribute to the overall allure of specialty teas and attract consumers who value the product's artistry and sophistication. Thus, during the anticipated time, these characteristics may offer the opportunity to expand the market.
The market is seeing an increase in consumer demand for organic and healthy beverages. This is primarily due to consumers' growing awareness of the health benefits of consuming such products. The increased disposable income of consumers, which enables them to spend more on premium tea products, is a significant driver fuelling the expansion of the market. The market is expanding due to the growing popularity of tea culture. This is due to customers' increasing preference for tea over coffee and carbonated beverages.
According to studies, tea polysaccharides may have anti-inflammatory qualities, which may benefit individuals with sensitive or irritated skin conditions such as rosacea or acne. Tea polysaccharides may help to lessen the visibility of black spots and hyperpigmentation. They might make skin appear more luminous by reducing melanin production, the pigment responsible for skin colour. Tea polysaccharides are utilized increasingly commonly in cosmetics due to all these benefits for skin health.
The Brazil market dominated the LAMEA Chrysanthemum Tea Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,802.8 Thousands by 2030. The Argentina market is showcasing a CAGR of 7.1% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.3% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Chrysanthemum Tea Market is Projected to reach USD 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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