Charts & Stats

Global Herbal Tea market [2017-2025] by Europe

By Europe, the market is segmented into Europe, Germany, Spain, France, United Kingdom, Italy, and Rest of Europe (2017-2025)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global Herbal Tea market [2017-2025] by Europe — full underlying data
LabelEuropeGermanySpainFranceUnited KingdomItalyRest of Europe
2017969.20 USD Mn183.66 USD Mn68.04 USD Mn118.24 USD Mn272.34 USD Mn88.39 USD Mn238.51 USD Mn
20181013.40 USD Mn192.55 USD Mn70.94 USD Mn123.94 USD Mn284.37 USD Mn92.53 USD Mn249.10 USD Mn
20191060.10 USD Mn202.05 USD Mn73.78 USD Mn129.97 USD Mn296.83 USD Mn96.89 USD Mn260.57 USD Mn
20201110.00 USD Mn212.34 USD Mn76.92 USD Mn136.53 USD Mn310.35 USD Mn101.56 USD Mn272.28 USD Mn
20211163.10 USD Mn223.32 USD Mn80.26 USD Mn143.53 USD Mn324.51 USD Mn106.54 USD Mn284.97 USD Mn
20221219.40 USD Mn235.22 USD Mn83.89 USD Mn150.84 USD Mn339.60 USD Mn111.82 USD Mn298.02 USD Mn
20231278.80 USD Mn247.84 USD Mn87.60 USD Mn158.58 USD Mn355.26 USD Mn117.40 USD Mn312.16 USD Mn
20241342.10 USD Mn261.17 USD Mn91.40 USD Mn167.36 USD Mn371.62 USD Mn123.47 USD Mn327.07 USD Mn
20251409.30 USD Mn275.65 USD Mn95.41 USD Mn176.44 USD Mn388.96 USD Mn129.79 USD Mn343.01 USD Mn

Data Source: Wantstats Repository

Wantstats

Market Dynamics

United Kingdom accounted for the largest market share in 2018 in the Europe herbal tea market, and is expected to reach USD 388.96 Million in 2025 from USD 284.37 Million in 2018. However, Germany is the fastest growing market, which is expected to grow at a CAGR of 5.31% during the forecast period 2019 - 2025. store based segment accounted for the larger market share in 2018, this market is expected to reach USD 985.73 Million in 2025 from USD 717.53 Million in 2018. This market is projected to grow at a CAGR of 4.68% during the forecast period from 2019 - 2025. However, non store based segment is the fastest growing market, which is expected to grow at a CAGR of 5.29% during the forecast period 2019 - 2025. tea bags segment accounted for the larger market share in 2018, this market is expected to reach USD 1076.16 Million in 2025 from USD 768.96 Million in 2018. This market is projected to grow at a CAGR of 4.96% during the forecast period from 2019 - 2025.

However, tea bags segment is the fastest growing market, which is expected to grow at a CAGR of 4.96% during the forecast period 2019 - 2025. blends segment accounted for the largest market share in 2018, this market is expected to reach USD 475.89 Million in 2025 from USD 336.03 Million in 2018. This market is projected to grow at a CAGR of 5.14% during the forecast period from 2019 - 2025. multifunctional segment accounted for the largest market share in 2018, this market is expected to reach USD 577.91 Million in 2025 from USD 408.49 Million in 2018. This market is projected to grow at a CAGR of 5.10% during the forecast period from 2019 - 2025.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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