TodayÕs millennials are consuming tea as on-the-go beverages. According to World Tea News, in a forecast by Packaged Facts, the foodservice tea market will likely have an edge in future growth momentum as sales are expected to increase through 2018 and beyond further driving the sales of alcoholic tea market. Millennials are seeking innovation and variety when it comes to current tea offerings. The growing interest in health and wellness as well as the demand for transparently simple, whole food offerings continue to drive interest in alcoholic tea market. Innovations, underpinned by a great tasting, healthful product, means that alcoholic tea market will continue to grow in the U.S. New versions of tea-infused alcoholic beverage specialties have opened an entirely new, young alcoholic tea market. The tea-infused cocktails are becoming the hottest trending island-inspired flavors with the crisp, clear taste of premium tea on the backdrop of which the alcoholic tea market is surging at a healthy CAGR.
Scope of the Report:This report focuses on the Alcoholic Tea in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Tea is the second most consumed drink in the world, behind water. Canada, where the average tea drinker has 11 different varieties in their kitchen cupboards has a particularly progressive tea-drinking population primarily influencing the alcoholic tea market. Alcoholic ice tea are among the alcoholic teas to have hit the market in 2014 thanks to a growing on-trade trend for tea cocktails and beers. Following that trend, Scottish tea brand Eteaket, launched three tea beers this year and is preparing to unveil a fourth. Alcoholic ice tea brand Harry BromptonÕs became the first to enter a UK supermarket after winning a listing for its 4% ABV tea in 56 Waitrose stores in February 2014, and the company went on winning listings in SainsburyÕs and Ocado. In November 2013, Japanese restaurant chain Wagamama became the only UK restaurant to offer iKi beer Ð a ÔfusionÕ of wheat beer and green tea.
However the alcoholic tea market has also gone through its dark days for instance when American ice tea brand Twisted Tea launched hard iced tea, a 5% ABV blend of tea and beer in Tesco the year 2005, its sales did not reach the criteria required for continuing to import the product.Ê Moreover in 2010, Whole Foods Market Inc, an American supermarket chain yanked kombucha teas from its store shelves after discovering the popular fermented drinks contained elevated levels of alcohol, a company spokeswoman said Friday.
The worldwide market for Alcoholic Tea is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers Red Diamond
Tea Venture
Harry Brompton's London Ice Tea
Eteaket
Synergy Flavors
Dšhler
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Gin
Vodka
Bourbon
Rum
Irish Cream
Others
Market Segment by Applications, can be divided into Retail
Industrial
There are 15 Chapters to deeply display the global Alcoholic Tea market.
Chapter 1, to describe Alcoholic Tea Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Alcoholic Tea, with sales, revenue, and price of Alcoholic Tea, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Alcoholic Tea, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Alcoholic Tea market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Alcoholic Tea sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
