The Latin America, Middle East and Africa Slimming Tea Market would witness market growth of 8.7% CAGR during the forecast period (2023-2030).
In recent years, the market has been growing rapidly. As individuals become increasingly health-conscious and seek effective and convenient methods for weight management, the popularity of slimming teas has soared. This beverage, often made from a blend of herbs and natural ingredients, is touted for its potential to aid in weight management and promote overall well-being. The application of slimming teas extends far beyond just weight loss. While their primary purpose is to help shed those extra pounds, these teas are also valued for their digestive benefits, detoxifying properties, and potential to boost metabolism. They have established a specific position in the health and wellness sector.
The primary application of slimming tea is to support weight management efforts. These teas often contain natural ingredients like green tea, oolong tea, and herbs that boost metabolism and promote fat burning. Many slimming teas include ginger, peppermint, and fennel, which can soothe digestive discomfort, reduce bloating, and enhance overall gastrointestinal health. Slimming teas are marketed as detox beverages. They contain antioxidants that help the body flush out toxins and impurities, contributing to a feeling of vitality and well-being.
Obesity rates vary significantly across different regions of Brazil. Generally, the southern and southeastern regions of the country tend to have higher rates of obesity than the northern and northeastern regions. As per the Government of Brazil, according to the most recent data, the prevalence of obesity among adults in Brazil experienced a more than twofold increase over 17 years, with a change from 12.2% between 2002 and 2003 to 26.8% in 2019. In the same period, the proportion of overweight adults changed from 43.3% to 61.7%, representing almost two-thirds of the Brazilian population. In the group aged 18 and over, 25.9% were obese in 2019, 41.2 million persons. Another 96 million, or 60.3% of the population in this age group, were overweight. s a result, the demand for slimming tea will increase significantly in the upcoming years.
The Brazil market dominated the LAMEA Slimming Tea Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $311.3 Million by 2030. The Argentina market is showcasing a CAGR of 9.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.4% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Online, and Others. Based on Product, the market is segmented into Green Tea, Herbal Tea, Black Tea, and Others. 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 Slimming Tea Market is Projected to reach USD 14.3 Billion by 2030, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A, Tata Consumer Products Limited (Tata Group), Ito En, Ltd., Unilever PLC, Associated British Foods PLC (Wittington Investments Limited), The Hain Celestial Group, Inc., Adagio Teas, Triple Leaf Tea, Inc., Dilmah Ceylon Tea Company PLC (Dilmah), and Hankook Tea.
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