North America Chrysanthemum Tea Market

North America Chrysanthemum Tea Market Size, Share & Industry Trends Analysis Report By Distribution Channel (Offline, and Online), By Type, By Packaging (Loose, Tea Bags, and Bottled/Canned), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-17355 Publication Date: September-2023 Number of Pages: 121
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Market Report Description

The North America Chrysanthemum Tea Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 509.5 Tonnes, showcasing a growth of 4.5% (2019-2022).

Chrysanthemum tea is a translucent yellow beverage infusing dried chrysanthemum blossoms in boiled water. This herbal elixir, known as a tisane, steers the chrysanthemum plant's leaves, stems, and flowers in boiling water. Chrysanthemum tea differs from traditional black or green tea kinds by not containing caffeine, which sets it apart from its contemporaries that contain caffeine.

It is positioned within the herbal tea category and provides a caffeine-free alternative with a distinct flavour profile derived from chrysanthemum blossoms. This tea has garnered recognition for its association with various health benefits, including enhanced immune reactivity, reduced inflammation, and decreased blood pressure.

These active ingredients have a variety of beneficial effects on human skin. Tea polysaccharides (TPS) and tea polyphenols (TPP) provided skin protection and moisture retention in dry settings. Green tea, primarily green tea leaf water and extract, is one of the critical advantages of skin care products. Green tea is a wonderful ingredient for skincare products because of its ability to absorb and retain hydration and its antioxidant properties.

The risk of heart disease and stroke, the two primary causes of death in the United States, is increased by high blood pressure, which is also extremely prevalent. In the United States, tens of millions of adults have high blood pressure, and many do not have it under control. Heart disease and stroke, which are among the primary causes of death in the United States, are hypertension-related risks. According to the Centers for Disease Control and Prevention (CDC), in the United States, 691,095 deaths in 2021 had hypertension as a major or secondary cause. Chrysanthemum tea aids in relaxation by reducing blood pressure and calming the body. The high potassium content of the tea expands blood vessels and improves blood flow. With improved blood flow, the body can regulate itself more effectively and eliminate excess stress hormones from the blood.

The US market dominated the North America Chrysanthemum Tea Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $42,319.8 Thousands by 2030. The Canada market is experiencing a CAGR of 6.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.8% 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 U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Chrysanthemum Tea Market is Predict to reach $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)

Scope of the Study

Market Segments Covered in the Report:

By Application (Volume, Tonnes, USD Thousands, 2019-2030)

  • Commercial
  • Residential

By Distribution Channel (Volume, Tonnes, USD Thousands, 2019-2030)

  • Offline
  • Online

By Type (Volume, Tonnes, USD Thousands, 2019-2030)

  • Chrysanthemum indicum
  • Chrysanthemum morifolium

By Packaging (Volume, Tonnes, USD Thousands, 2019-2030)

  • Loose
  • Tea Bags
  • Bottled/Canned

By Country (Volume, Tonnes, USD Thousands, 2019-2030)

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • 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)
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