France Tea Market Set for Rapid Growth at 5.6% CAGR: MarkNtel Advisors

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the France Tea Market, The France Tea Market size is estimated to grow at a CAGR of around 5.6% during the forecast period, i.e., 2024–30. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the France Tea Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

• Forecast Period: 2024-2030
• CAGR (2024-2030): 5.6%

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France Tea Market Segmentation Breakdown:

The France Tea Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

By Category 

• Black Tea
• Fruit/Herbal Tea
• Green Tea
• Instant Tea
• Others

Among them, Fruit/Herbal Tea is anticipated to observe strong sales growth during the forecast period in France Tea Market.

By Distribution Channels

• Retail Offline
  • Hypermarkets & Supermarkets
  • Convenience Stores
  • Specialty Stores
• Retail E-Commerce

Geographical Growth Insights:

By Region

• East
• West
• North
• South
• Central

MarkNtel Advisors Highlights Key Market Drivers for France Tea Market:

Growing Demand for Iced Tea Among Consumers – Consumers in France have been actively preferring iced tea, as a replacement for high-sugar concentrated soft beverages, over the past few years. The rising health consciousness, especially after COVID-19 has led to a shift in consumers’ preference for healthier beverages, which has enhanced the adoption of iced tea as a replacement for carbonated drinks. Additionally, iced tea also provides other health benefits like reduction of physical stress and boosted immune system, which has further uplifted its demand among consumers in the forecasted years. Observing the trends of changing consumers’ preferences, several companies have started increasing their portfolio to include iced tea, in the past few years. For instance,

• In 2022, the Coca Cola Company launched Fuze iced tea in France, i.e., based on fruit juices, plant flavorings, & tea extracts.

Hence, with the launch of iced tea by several companies across the country, cold-infused tea is expected to become a major trend again during the forecast period.

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A Comprehensive Analysis of Leading Companies in France Tea Market

• Unilever France SA
• Foods International SAS
• Orientis Groupe
• Groupe Léa Nature
• Bjorg Bonneterre & Cie
• Solinest SAS
• Pagès SAS
• Galec – Centre Distributeur Edouard Leclerc
• Les 2 marmottes SAS
• Golden Temple France Sarl
• Carrefour France SA
• Others

What are the growth Opportunity driving the France Tea Market?

Growing Demand for Low Caffeine Content Tea with Amplifying Number of Consumers Preferring Non-Caffeinated Drinks – In France, the consumption of green & herbal tea was majorly for medicinal purposes only, and consumers preferred it as a medicine during the historical years. However, the healthy positioning of many of these products, especially fruit/herbal tea and green tea, in terms of the absence of caffeine, is likely to be a major factor influencing its sales in the forecast period. It is mainly because of rising consumer concerns over the negative influence of excessive caffeine consumption on health, i.e., likely to support higher demand for tea in the coming years and reduce the coffee consumption. Excessive caffeine consumption has been causing insomnia, headaches, dizziness, fast heart rate, and dehydration, among consumers, which has been observed to cause a shift in consumers’ preference towards non-caffeinated products, thus contributing in elevationg the France Tea Market size.

Furthermore, fruit/herbal tea and green tea are known for their very low energy content and absence of any artificial ingredients, making them the ideal option for those interested in improving their diets and reducing calorie intake as they look towards a healthier lifestyle, especially after the COVID-19 pandemic. Also, much of the fruit/herbal tea available in France can be manufactured from domestically cultivated herbs and plants, including Elephant Mint. This represents an outstanding opportunity for the leading players in fruit/herbal tea to develop a strong image based on sustainability characteristics, which would help in the growth of the France Tea Market in the forecasted years.

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

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