Sales growth of green tea remains robust globally at an estimated compounded rate of 5.8% through 2025, according to Reportlinker.
“Green tea bags, one of the segments analyzed and sized in this study displays the potential to grow at over 6.3% to $9.2 billion by 2025,” according to the Global Green Tea Industry report.
US growth is projected at 4.9%. Germany is the largest European green tea market, adding $287 million during the next five years while the rest of Europe adds $247 million in sales. Japan will reach a market size of $480 million
China, the world’s largest green tea producer, is expected to add $2.2 billion in sales “exhibiting the potential to grow at 8.5% over the next couple of years,” according to the report.
Learn more: reportlinker.com