Latin America Slimming Tea Market Size & Outlook
Latin America slimming tea market, 2016-2028 (US$M)
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Latin America slimming tea market highlights
- The Latin America slimming tea market generated a revenue of USD 549.6 million in 2021.
- The market is expected to grow at a CAGR of 6.3% from 2022 to 2028.
- In terms of segment, green tea was the largest revenue generating product in 2021.
- Green Tea is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2028.
Latin America data book summary
| Market revenue in 2021 | USD 549.6 million |
| Market revenue in 2028 | USD 844.7 million |
| Growth rate | 6.3% (CAGR from 2021 to 2028) |
| Largest segment | Green tea |
| Fastest growing segment | Green Tea |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Black Tea, Green Tea, Herbal Tea |
| Key market players worldwide | ITO EN Ltd Preferred Shs Class 1, The Hain Celestial Group Inc, Nestle SA, Unilever PLC, Tata Consumer Products |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.7% of the global slimming tea market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Europe is the fastest growing regional market and is projected to reach USD 3,771.8 million by 2028.
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Slimming Tea Market Scope
Slimming Tea Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America slimming 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 slimming tea market will help companies and investors design strategic landscapes.
Green tea was the largest segment with a revenue share of 32.46% in 2021. Horizon Databook has segmented the Latin America slimming tea market based on black tea, green tea, herbal tea covering the revenue growth of each sub-segment from 2016 to 2028.
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Target buyers of Latin America slimming tea market databook
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Our clientele includes a mix of slimming 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 Latin America slimming tea market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America slimming tea market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America slimming tea market size, by country, 2016-2028 (US$M)
Latin America Slimming Tea Market Outlook Share, 2021 & 2028 (US$M)
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