Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Herbal Tea market in this environment.
In terms of revenue, this research report indicated that the global Herbal Tea market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Herbal Tea industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ???Adagio Teas aims at producing XX Herbal Tea in 2020, with XX % production to take place in global market, ????Associated British Foods accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Herbal Tea Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Herbal Tea Market?
Adagio Teas
Associated British Foods
Dilmah Tea
ITO EN
Tata Global Beverages
Unilever
Alvita
Barry's Tea
Bigelow Tea
Bettys and Taylors of Harrogate
Celestial Seasonings
Harney and Sons
Mighty Leaf Tea
Numi
The Republic of Tea
Tazo Tea Company
Teavana
...
Major Type of Herbal Tea Covered in XYZResearch report:
Bottled
Canned
Other
Application Segments Covered in XYZResearch Market
Supermarkets and Hypermarkets
Independent Retailers
Convenience Stores
Specialist Retailers
Online Retailers
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Herbal Tea Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Bottled -Product Introduction and Major Manufacturers
1.1.2 Canned -Product Introduction and Major Manufacturers
1.1.3 Other -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Herbal Tea Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Herbal Tea Market
3.1.1 Top Companies leading Herbal Tea Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Herbal Tea Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Herbal Tea Market
3.2.1 Top Companies leading Herbal Tea Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Herbal Tea Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Herbal Tea Market
3.3.1 Top Companies leading Herbal Tea Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Herbal Tea Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Herbal Tea Market
3.4.1 Top Companies leading Herbal Tea Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Herbal Tea Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Herbal Tea Market
3.5.1 Top Companies leading Herbal Tea Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Herbal Tea Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Herbal Tea Market
3.6.1 Top Companies leading Herbal Tea Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Herbal Tea Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Herbal Tea Market
3.7.1 Top Companies leading Herbal Tea Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Herbal Tea Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Herbal Tea Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Herbal Tea Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Herbal Tea Sales and Growth Rate (2021-2026)
5.2 Global Herbal Tea Sales Value and Growth Rate (2021-2026)
6 Herbal Tea Competitive Analysis
6.1 Adagio Teas
6.1.1 Adagio Teas Company Profiles
6.1.2 Adagio Teas Product Introduction
6.1.3 Adagio Teas Herbal Tea Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Associated British Foods
6.2.1 Associated British Foods Company Profiles
6.2.2 Associated British Foods Product Introduction
6.2.3 Associated British Foods Herbal Tea Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Dilmah Tea
6.3.1 Dilmah Tea Company Profiles
6.3.2 Dilmah Tea Product Introduction
6.3.3 Dilmah Tea Herbal Tea Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 ITO EN
6.4.1 ITO EN Company Profiles
6.4.2 ITO EN Product Introduction
6.4.3 ITO EN Herbal Tea Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Tata Global Beverages
6.5.1 Tata Global Beverages Company Profiles
6.5.2 Tata Global Beverages Product Introduction
6.5.3 Tata Global Beverages Herbal Tea Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Unilever
6.6.1 Unilever Company Profiles
6.6.2 Unilever Product Introduction
6.6.3 Unilever Herbal Tea Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Alvita
6.7.1 Alvita Company Profiles
6.7.2 Alvita Product Introduction
6.7.3 Alvita Herbal Tea Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Barry's Tea
6.8.1 Barry's Tea Company Profiles
6.8.2 Barry's Tea Product Introduction
6.8.3 Barry's Tea Herbal Tea Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Bigelow Tea
6.9.1 Bigelow Tea Company Profiles
6.9.2 Bigelow Tea Product Introduction
6.9.3 Bigelow Tea Herbal Tea Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Bettys and Taylors of Harrogate
6.10.1 Bettys and Taylors of Harrogate Company Profiles
6.10.2 Bettys and Taylors of Harrogate Product Introduction
6.10.3 Bettys and Taylors of Harrogate Herbal Tea Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 Celestial Seasonings
6.12 Harney and Sons
6.13 Mighty Leaf Tea
6.14 Numi
6.15 The Republic of Tea
6.16 Tazo Tea Company
6.17 Teavana
7 Conclusion
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