North America Fruit Tea Market Size & Outlook, 2019-2027
North America fruit tea market, 2016-2027 (US$M)
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North America fruit tea market highlights
- The North America fruit tea market generated a revenue of USD 295.4 million in 2019.
- The market is expected to grow at a CAGR of 10.5% from 2020 to 2027.
- In terms of segment, conventional was the largest revenue generating product in 2019.
- Organic is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2020 to 2027.
North America data book summary
| Market revenue in 2019 | USD 295.4 million |
| Market revenue in 2027 | USD 658.4 million |
| Growth rate | 10.5% (CAGR from 2019 to 2027) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional, Organic |
| Key market players worldwide | Associated British Foods PLC, The Hain Celestial Group Inc, Unilever PLC, Tata Consumer Products, Dilmah, Tiesta Tea, Taylors of Harrogate, Harney & Sons Fine Teas, Bigelow Tea |
Other key industry trends
- In terms of revenue, North America region accounted for 12.1% of the global fruit tea market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- North America is the fastest growing regional market and is projected to reach USD 658.4 million by 2027.
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Fruit Tea Market Scope
Fruit Tea Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America fruit tea market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fruit tea market will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 81.04% in 2019. Horizon Databook has segmented the North America fruit tea market based on conventional, organic covering the revenue growth of each sub-segment from 2016 to 2027.
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Target buyers of North America fruit tea market databook
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Our clientele includes a mix of fruit tea market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America fruit tea market , including forecasts for subscribers. This continent databook contains high-level insights into North America fruit tea market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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North America fruit tea market size, by country, 2016-2027 (US$M)
North America Fruit Tea Market Outlook Share, 2019 & 2027 (US$M)
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