North America Blue Tea Market Size & Outlook, 2024-2030
The blue tea market in North America is expected to reach a projected revenue of US$ 45.9 million by 2030. A compound annual growth rate of 5.3% is expected of North America blue tea market from 2024 to 2030.
Revenue, 2023 (US$M)
$31.9
Forecast, 2030 (US$M)
$45.9
CAGR, 2024 - 2030
5.3%
Report Coverage
North America
Related Markets
North America blue tea market highlights
- The North America blue tea market generated a revenue of USD 31.9 million in 2023.
- The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, loose leaves was the largest revenue generating product in 2023.
- Powder is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 31.9 million |
| Market revenue in 2030 | USD 45.9 million |
| Growth rate | 5.3% (CAGR from 2024 to 2030) |
| Largest segment | Loose leaves |
| Fastest growing segment | Powder |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Loose Leaves, Powder |
| Key market players worldwide | Yum Cha Tea |
Other key industry trends
- In terms of revenue, North America region accounted for 26.5% of the global blue tea market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 80.2 million by 2030.
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Blue Tea Market Scope
Blue tea market segmentation & scope
Blue Tea Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Yum Cha Tea | View profile | 1-10 | Jacksonville, Florida, United States, North America | https://www.drinkteaa.com |
North America blue tea market size, by country, 2018-2030 (US$M)
North America Blue Tea Market Outlook Share, 2023 & 2030 (US$M)
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