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The herbal tea market size is forecast to increase by USD 848.1 million at a CAGR of 4.6% between 2023 and 2028. The market exhibits significant growth due to several key factors. Firstly, the increasing preference for alcohol-free beverages and the desire for natural, healthier alternatives to traditional tea and coffee have fueled market expansion. Secondly, the wide array of herbal tea flavors, such as licorice, apple, cinnamon, and star anise, cater to diverse consumer tastes and preferences. Additionally, the rapid growth of e-commerce has made these products more accessible to consumers, increasing their reach and demand. Quality remains a crucial factor in the market, as consumers seek out herbal teas with authentic and consistent flavors, ensuring a positive drinking experience.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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