Herbal tea, also known as tisane, is a beverage made by steeping herbs, fruits, flowers, and spices in hot water. Unlike traditional tea, which is made from the leaves of the Camellia sinensis plant, herbal tea can be made from a variety of plants and does not contain caffeine.
The Market Scope for Herbal tea has been growing rapidly in recent years as consumers seek healthier beverage alternatives to traditional tea and coffee. According to a report by ResearchAndMarkets.com, the global herbal tea market size was valued at $3.6 billion in 2020 and is expected to reach $4.6 billion by 2027, growing at a CAGR of 3.6% from 2021 to 2027. Factors driving the market growth include increasing awareness about the health benefits of herbal tea, rising demand for organic and natural products, and the availability of a wide range of flavors and varieties.
There are several major players in the Market for Herbal tea, including
1. Traditional Medicinals
2. Yogi Tea
3. Bigelow Tea Company
4. Stash Tea Company
5. Twinings
These companies offer a variety of herbal tea blends and flavors, using high-quality ingredients and innovative packaging to attract consumers.
Commercial production of Herbal tea involves sourcing high-quality herbs, fruits, flowers, and spices, and blending them in precise proportions to create a unique flavor profile. The ingredients are then dried and packaged for distribution. Some companies also use organic and fair-trade ingredients to appeal to consumers looking for sustainable and ethical products. The production process may involve strict quality control measures and adherence to industry standards to ensure the safety and quality of the final product.