The revenue, combined in the 'Tea' segment of the hot drinks market in the United States was forecast to continuously increase between 2024 and 2029 by in total 1.8 billion U.S. dollars (+10.98 percent). After the ninth consecutive increasing year, the revenue, combined is estimated to reach 18.2 billion U.S. dollars and therefore a new peak in 2029.
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.
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Statista. (August 29, 2024). Revenue of the tea market in the United States from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1082472/north-american-tea-market-size-by-type
Statista. "Revenue of the tea market in the United States from 2019 to 2029 (in billion U.S. dollars)." Chart. August 29, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1082472/north-american-tea-market-size-by-type
Statista. (2024). Revenue of the tea market in the United States from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1082472/north-american-tea-market-size-by-type
Statista. "Revenue of The Tea Market in The United States from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/forecasts/1082472/north-american-tea-market-size-by-type
Statista, Revenue of the tea market in the United States from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1082472/north-american-tea-market-size-by-type (last visited November 05, 2024)
Revenue of the tea market in the United States from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista, August 29, 2024. [Online]. Available: https://www.statista.com/forecasts/1082472/north-american-tea-market-size-by-type