Canada Blue Tea Market Size & Outlook, 2024-2030
The blue tea market in Canada is expected to reach a projected revenue of US$ 5.4 million by 2030. A compound annual growth rate of 6.6% is expected of Canada blue tea market from 2024 to 2030.
Revenue, 2023 (US$M)
$3.5
Forecast, 2030 (US$M)
$5.4
CAGR, 2024 - 2030
6.6%
Report Coverage
Canada
Related Markets
Canada blue tea market highlights
- The Canada blue tea market generated a revenue of USD 3.5 million in 2023 and is expected to reach USD 5.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, loose leaves was the largest revenue generating product in 2023.
- Powder is the most lucrative product segment registering the fastest growth during the forecast period.
Blue tea market data book summary
| Market revenue in 2023 | USD 3.5 million |
| Market revenue in 2030 | USD 5.4 million |
| Growth rate | 6.6% (CAGR from 2024 to 2030) |
| Largest segment | Loose leaves |
| Fastest growing segment | Powder |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Loose Leaves, Powder |
| Key market players worldwide | Yum Cha Tea |
Other key industry trends
- In terms of revenue, Canada accounted for 2.9% of the global blue tea market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. blue tea market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 5.4 million by 2030.
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Blue Tea Market Scope
Blue tea market segmentation & scope
Blue Tea Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Yum Cha Tea | View profile | 1-10 | Jacksonville, Florida, United States, North America | https://www.drinkteaa.com |
Canada blue tea market size, by product, 2018-2030 (US$M)
Canada Blue Tea Market Outlook Share, 2023 & 2030 (US$M)
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