Global Grocery market
Market development
eCommerce revenue development in the global Teas & Other Hot Drinks market
The global Teas & Other Hot Drinks eCommerce market is expected to increase over the next years. It is predicted to reach US$9,689.6 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 10.6%. The Teas & Other Hot Drinks eCommerce market is a sub-market of the Hot Drinks market and accounts for 42.2% within this market. Further categories within the Hot Drinks market are: Coffee.
eCommerce revenue development in the global Teas & Other Hot Drinks market
eCommerce revenue growth in the global Teas & Other Hot Drinks market
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 28.8 | 78.8 | 47.9 | 14.5 | 3.2 | 14.9 | 83.8 | 47.8 |
Market definition
Definition of the Teas & Other Hot Drinks market within the Grocery market
Market definition: Grocery > Beverages > Non-Alcoholic Beverages > Hot Drinks > Teas & Other Hot Drinks The category Teas & Other Hot Drinks includes the online trade of tea (e.g. loose leaf tea, tea bags, instant tea) and cacao. This category does not cover health teas (e.g. bladder tea, kidney tea), tea accessories (e.g. tea infusers, teapots and kettles, tea cups and mugs) or tea sweeteners and additions (e.g. sugar, milk or cream). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Tea (e.g. loose leaf tea, tea bags, instant tea)
- Cacao
Out-of-scope
- Health Teas (e.g. bladder tea, kidney tea)
- Tea accessories (e.g. tea infusers, teapots and kettles, tea cups and mugs)
- Tea sweeteners and additions (e.g. sugar, milk or cream)
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