The indicator 'Revenue, Combined' in the 'Tea' segment of the hot drinks market in the United Kingdom was forecast to continuously increase between 2024 and 2029 by in total 0.01 billion GBP (£) (+0.48 percent). The indicator is estimated to amount to 2.1 billion GBP (£) in 2029.
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Data provided by Statista Market Insights are estimates.
Definition:
The Tea market consists of black tea, green tea and mate sold in tea bags or as loose-leaf tea. Not included are herbal tea, instant tea, iced tea or similar tea-derived Ready-to-Drink beverages. Ready-to-Drink variants are instead shown in the corresponding segment in the Non-Alcoholic Drinks market.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per kilogram , as well as sales channels. Per capita figures refer to a country’s or region’s whole population.
At-home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels. Out-of-home market data includes all sales in hotels and restaurants, sales by catering companies, as well as sales in cafés, bars, and similar hospitality service establishments. In the out-of-home market, the price always refers to the price per kilogram of the beverage consumed, regardless of other components in the finished beverage. Combined numbers encompass both the at-home market and the out-of-home market. All prices are valued at retail selling prices, including all sales and consumption taxes.
Key players include Unilever (Lipton), Associated British Foods (Twinings), and Tata Global Beverages (Tetley).
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Statista. (June 27, 2024). Revenue of the tea market in the United Kingdom from 2019 to 2029 (in billion GBP) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/forecasts/1270653/revenue-tea-the-united-kingdom-revenue
Statista. "Revenue of the tea market in the United Kingdom from 2019 to 2029 (in billion GBP)." Chart. June 27, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/forecasts/1270653/revenue-tea-the-united-kingdom-revenue
Statista. (2024). Revenue of the tea market in the United Kingdom from 2019 to 2029 (in billion GBP). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/forecasts/1270653/revenue-tea-the-united-kingdom-revenue
Statista. "Revenue of The Tea Market in The United Kingdom from 2019 to 2029 (in Billion Gbp)." Statista, Statista Inc., 27 Jun 2024, https://www.statista.com/forecasts/1270653/revenue-tea-the-united-kingdom-revenue
Statista, Revenue of the tea market in the United Kingdom from 2019 to 2029 (in billion GBP) Statista, https://www.statista.com/forecasts/1270653/revenue-tea-the-united-kingdom-revenue (last visited August 24, 2024)
Revenue of the tea market in the United Kingdom from 2019 to 2029 (in billion GBP) [Graph], Statista, June 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1270653/revenue-tea-the-united-kingdom-revenue