Concerning the eighth selected segments, the segment Others has the largest revenue with 20 percent. Contrastingly, Zhejiang Tea is ranked last, with ten percent. Their difference, compared to Others, lies at ten percentage points.
The Hot Drinks market segment, Tea, consists of black tea, green tea and mate sold in tea bags or as loose-leaf tea. This segment does not include herbal tea, instant tea, iced tea or similar tea-derived Ready-to-Drink beverages. Ready-to-Drink variants are instead aggregated into the subsegment Non-Carbonated Soft Drinks in the Alcoholic Drinks market.
Unilever (Lipton), Associated British Foods (Twinings) and Tata Global Beverages (Tetley) are globally the most important players by revenue.
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Statista. (May 17, 2023). Breakdown of the tea market in China in 2020, by brand [Graph]. In Statista. Retrieved September 26, 2024, from https://www.statista.com/forecasts/1300222/china-distribution-of-tea-market-by-brand
Statista. "Breakdown of the tea market in China in 2020, by brand." Chart. May 17, 2023. Statista. Accessed September 26, 2024. https://www.statista.com/forecasts/1300222/china-distribution-of-tea-market-by-brand
Statista. (2023). Breakdown of the tea market in China in 2020, by brand. Statista. Statista Inc.. Accessed: September 26, 2024. https://www.statista.com/forecasts/1300222/china-distribution-of-tea-market-by-brand
Statista. "Breakdown of The Tea Market in China in 2020, by Brand." Statista, Statista Inc., 17 May 2023, https://www.statista.com/forecasts/1300222/china-distribution-of-tea-market-by-brand
Statista, Breakdown of the tea market in China in 2020, by brand Statista, https://www.statista.com/forecasts/1300222/china-distribution-of-tea-market-by-brand (last visited September 26, 2024)
Breakdown of the tea market in China in 2020, by brand [Graph], Statista, May 17, 2023. [Online]. Available: https://www.statista.com/forecasts/1300222/china-distribution-of-tea-market-by-brand