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Showing posts with the label India Tea Market

India Tea Industry is Projected to Grow at a CAGR of 5.8% during the Forecast period (2017-2025)

According to Goldstein Research, of the total production, India accounts for 3/4th domestic consumption of tea. In 2016, India produced 1,267.36 million kg of tea, all being available for packaging in one or the other forms. India also exports tea and in 2017 the total tea exports increased by 6.3%. Major tea importing countries in 2017 were Russia, United States, United Kingdom, Egypt, Iran, Saudi Arabia, Germany, Morocco, Japan, France, UAE, Canada, Vietnam, Netherlands, and Kazakhstan. India Tea Industry outlook also includes technological innovations, government policies and investment strategies adopted by major market players and regional government in order to expand their business across the country. Geographically, North Eastern region accounted for largest market share of 61.3% in 2017 on the back of major producing region of tea and it is closely followed by Southern India, based on the second tea producing region, which encompasses major packaging industries. Browse Fu...