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As consumers seek alternatives to traditional caffeinated beverages, the demand for fruit and herbal teas has increased. Companies like TeaFruit Brands, HerbalHarvest Farms, and NutriTea Producers play a pivotal role in offering a wide range of flavorful and health-conscious tea options.
See the market overview of Herbal Tea in Philippines at a glance including real-time offers, market prices, news, insights, suppliers, trade data and more.
By product type, the tea market in Philippines has been segmented into black tea, fruit & herbal tea, green tea, instant tea, and others. Based upon packaging, the tea market in Philippines is categorized into flexible packaging, paper containers, and others (glass, metal, etc.).
Product coverage: Black Tea, Fruit/Herbal Tea, Green Tea, Instant Tea, Other Tea. Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data. Why buy this report? Get a detailed picture of the Tea market; Pinpoint growth sectors and identify factors driving change;
In 2023, the bubble tea industry in the Philippines generated approximately 45 billion PHP in revenue, with tapioca pearls being the most popular add-on, followed by pudding and jelly. The market's growth is also supported by the increasing number of health-conscious consumers opting for reduced sugar and dairy-free options.
The Tea in Philippines report includes: Analysis of key supply-side and demand trends; Detailed segmentation of international and local products; Historic volume and value sizes, company and brand market shares; Five year forecasts of market trends and market growth; Robust and transparent research methodology, conducted in-country; This report ...
The global herbal tea market is forecasted to be valued at US$ 3,962.7 million in 2023. During the forecast period from 2023 to 2033, herbal tea sales are expected to grow at a CAGR of 7.3%, valued at US$ 7,693.5 million. With the growing health and wellness trend, the global tea market, particularly for herbal teas, is growing rapidly.