Latin America Blue Tea Market Size & Outlook, 2023-2030
The blue tea market in Latin America is expected to reach a projected revenue of US$ 11.3 million by 2030. A compound annual growth rate of 5.8% is expected of Latin America blue tea market from 2024 to 2030.
Revenue, 2023 (US$M)
$7.6
Forecast, 2030 (US$M)
$11.3
CAGR, 2024 - 2030
5.8%
Report Coverage
Latin America
Latin America blue tea market, 2018-2030 (US$M)
Latin America blue tea market highlights
- The Latin America blue tea market generated a revenue of USD 7.6 million in 2023.
- The market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, loose leaves was the largest revenue generating product in 2023.
- Loose Leaves is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 7.6 million |
| Market revenue in 2030 | USD 11.3 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Loose leaves |
| Fastest growing segment | Loose Leaves |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Loose Leaves |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.3% of the global blue tea market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 80.2 million by 2030.
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Blue Tea Market Scope
Blue tea market segmentation & scope
Type
Conventional
Organic
Distribution Channel
Off-Trade
On-Trade
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Brazil
Argentina
Australia
China
India
Japan
South Korea
Thailand
UAE
South Africa
Saudi Arabia
Kuwait
Blue Tea Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America blue tea market
Related regional statistics
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