Tea Beer Market Size, Trends, Share, Growth, and Opportunity Forecast, 2023 - 2030 Global Industry Analysis By Tea Type (Black Tea, Green Tea, Herbal Tea, and Others), By Alcohol Content (Alcoholic, and Non-Alcoholic), By End-use (Cafes, Bars, Restaurants, and Others), By Distribution Channel (Supermarkets, Specialty Stores, Online Platforms, and Others) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)

Tea Beer Market Size, Trends, Share, Growth, and Opportunity Forecast, 2023 - 2030 Global Industry Analysis By Tea Type (Black Tea, Green Tea, Herbal Tea, and Others), By Alcohol Content (Alcoholic, and Non-Alcoholic), By End-use (Cafes, Bars, Restaurants, and Others), By Distribution Channel (Supermarkets, Specialty Stores, Online Platforms, and Others) and By Geography (North America, Europe, Asia Pacific, South America, and Middle East & Africa)
Region: Global
Published: December 2023
Report Code: CGNFAB208
Pages: 210

The Global Tea Beer Market was valued at USD 2,314.7 Million in 2022 and is anticipated to reach a value of USD 12,644.3 Million by 2030 expanding at a CAGR of 23.7% between 2023 and 2030.

Tea beer is a type of beer infused with tea, that are made with natural ingredients and contain fewer calorie than traditional beers. It is a type of beer that is brewed with tea leaves or tea bags, that infuses the tea flavor into the beer during brewing process. Tea beers use tea leaves that comes in two varieties green and black. Some tea beers are made with herbal teas that provide some health benefits. Different types of tea used in beer during the brewing process, including green tea, black tea, herbal tea, or specialty blends. They offer unique and exotic flavors profiles to the beer, which gaining popularity among consumers. Tea and beer are two of the world’s most popular drinks, and they have a lot in common. Tea beer are brewed using water and can be flavored with a variety of ingredients. The tea beer market demand and production are rising due to growing demand for unique and exotic flavor, increased consumption of infused beer, rising adult population, and consumer trends.

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Tea Beer Market Major Driving Forces

Demand for Unique and Exotic Flavor: The first factor contribute to the robust growth of the tea beer market is the increasing consumer demand for unique and exotic flavors. Consumers are increasingly looking for new flavor profiles. Tea beer offers a unique flavor with the development of tea-infused beers.

Increased Consumption of Infused Beer: The expansion of the market is being driven by the increased consumption of infused beer, particularly among millennials. Consumers are becoming more open to trying new things such as infused beers, tea beers with their unique and exotic flavor.

Rising Adult Population: The market for tea beer is growing globally due to adult population’s rising tea consumption. Rising tea consumption particularly in developing countries, where consumers are seeking for healthy and flavorful beverage options.

Consumer Trends: The global tea market is experiencing significant growth with the changing consumer trends. The health conscious consumer show interest in beverages as healthier alternatives. Consumers are becoming more aware of health benefits which is driving the demand for tea beer.

Tea Beer Market Key Opportunities

Product Innovation: The innovations in products with different types of tea and blends is expected to create immense opportunities for market expansion. Opportunities lie in expanding product lines by introducing a new and innovative tea beer options with different flavors and brewing techniques.

Social Media Influence: Nowadays, social media platforms have a big influence on consumer demand. Consumer demands are greatly influenced by the experiences, recommendations, and reviews that influencers provide. The growing internet penetration is assisting businesses in showcasing to their target market.

Sustainable Practices: With the growing environmental concerns, the growing focus on sustainability in the production is anticipated to provide profitable opportunities for the market growth. Implementing sustainable practices in the production of tea beer such as use of organic tea leaves, eco-friendly packaging, and responsible ingredient sourcing can attract to environmentally conscious consumers.

Tea Beer Market Key Trends

·         The increasing demand for healthy beverages without sacrificing taste, including tea beer is a major trend in market

·         Focus on flavor innovation with exploring a wider range of tea flavors, innovative blends, and herbal infusion

·         Craft and artisanal breweries are at the forefront pf the beer trend that offering unique and authentic flavor profiles

·         Consumers are increasingly look for low-calorie, low-alcohol, and gluten-free beer options which has significant impact on the tea beer market

·         Breweries are investing in the development of new and innovative products since consumers are becoming more interested in trying new products

·         The health-conscious trend among consumers has also played a vital role in tea beer market, as tea is often perceived as a natural and wholesome ingredient

·         With the growing focus on sustainability, breweries are incorporating sustainable practices into their production processes, and exploring eco-friendly packaging options

Region-wise Market Insights

North America accounted for the largest market share at 36.7% in 2022 whereas, North America is expected to register the fastest growth, expanding at a CAGR of 24.0% between 2023 and 2030.

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In North America, the demand is driven by an increase in the consumption of beer, growing awareness of environmental issues, and the rising inclination of consumers toward tea beer in the region. Additionally, the North American consumer has shown a growing interest in craft and artisanal breweries, including tea-infused beers, and growing demand from health-conscious consumers, contributing to the market growth in the region. In Europe, the increased demand for healthy beverages, growing focus on sustainability, and growing demand for eco-friendly products drives the market growth. In Asia-Pacific, the market is characterized by rising disposable incomes, increasing awareness of environmental issues, and strong tea-drinking culture in the region which has created a growing demand for tea beers. The Middle East and Africa has been witnessing a growing demand due to rising disposable income, growing awareness of environmental issues, and favorable government support for sustainable practices.

Market Competition Landscape

The global tea beer market is characterized by high degree of competition among a large number established players. Established brands are introducing tea-infused beer variants to diversify their product range. Additionally, these major companies are expanding distribution channels and responding to changing consumer preferences including online platforms, specialty stores, and other stores to reach a wider consumer base. Key players in the tea beer market engage in strategies aimed at gaining a competitive edge. These strategies include product innovation, design differentiation, and the incorporation of sustainable and eco-friendly materials to meet evolving consumer preferences. Established brands leverage their reputation for quality and reliability to maintain market share, while newer entrants focus on disruptive innovations and unique selling propositions.

Key players in the global tea beer market implement various organic and inorganic strategies to strengthen and improve their market positioning. Prominent players in the market include:

·         Boston Beer Company

·         Wild Ohio Brewing Company

·         Twisted Tea Company

·         Stone Brewing

·         Breakside Brewery

·         Lakefront Brewery

·         Dogfish Head Craft Brewery

·         Marz Community Brewing

·         Three Taverns Craft Brewery  

·         Dangerous Man Brewing

·         I & I Brewing

·         Carlsberg Group

·         Hitachino Nest Beer

·         Blue Moon Brewing Company

Report Attribute/Metric

Details

Market Revenue in 2022

USD 2,314.7 Million

Market Revenue in 2030

USD 12,644.3 Million

CAGR (2023 – 2030)

23.7%

Base Year

2022

Forecast Period

2023 – 2030

Historical Data

2018 to 2022

Forecast Unit

Value (US$ Mn)

Key Report Deliverable

Revenue Forecast, Growth Trends, Market Dynamics, Segmental Overview, Regional and Country-wise Analysis, Competition Landscape

Segments Covered

·   By Tea Type (Black Tea, Green Tea, Herbal Tea, and Others)

·   By Alcohol Content (Alcoholic, and Non-Alcoholic)

·   By End-use (Cafes, Bars, Restaurants, and Others)

·   By Distribution Channel (Supermarkets, Specialty Stores, Online Platforms, and Others)

Geographies Covered

North America: U.S., Canada and Mexico

Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

South America: Brazil, Argentina, and Rest of Latin America

Middle East & Africa:  GCC Countries, South Africa, and Rest of Middle East & Africa

Key Players Analyzed

Boston Beer Company, Wild Ohio Brewing Company,Stone Brewing,Breakside Brewery,Lakefront Brewery,Dogfish Head Craft Brewery,Marz Community Brewing, Three Taverns Craft Brewery,Dangerous Man Brewing, I & I Brewing, Carlsberg Group,Hitachino Nest Beer, and Blue Moon Brewing Company

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Available on Request (10% Customization is Free)

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