The Business
Research Company’s latest report Coffee And Tea Global Market Report 2020
covers Coffee And Tea market drivers, Coffee And Tea market trends, Coffee And
Tea market segments, Coffee And Tea market growth rate, Coffee And Tea market
major players, and Coffee And Tea market size. The report provides in-depth
analysis of the impact of COVID-19 on the Coffee And Tea industry, along with
revised market numbers due to the effects of the coronavirus.
View Complete Report:
Coffee And Tea
Global Market Report 2020 is the most comprehensive report available on this
market and will help gain a truly global perspective as it covers 60
geographies. The chapter on the impact of COVID-19 gives valuable insights on
supply chain disruptions, logistical challenges, and other economic
implications of the virus on the market. The chapter also covers markets which
have been positively affected by the pandemic.
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The global tea and coffee market is
expected to grow from $142.1 billion in 2019 to $148.5 billion in 2020 at a
compound annual growth rate (CAGR) of 4.6%. The low growth is mainly due to
economic slowdown across countries owing to the COVID-19 outbreak and the
measures to contain it. The market is then expected to recover and grow at a
CAGR of 9% from 2021 and reach $191.1 billion in 2023.
The report covers the Coffee And Tea
market’s segments-
1) By Type: Coffee, Tea
2) By Distribution Channel: Supermarkets/Hypermarkets,
Convenience Stores, E-Commerce, Others
3) By Form: Liquid, Powder, Capsules
4) By Packaging: Containers, Bags, Packets
or Pouches.
Subsegments covered: Roasted Coffee, Coffee
Concentrates, Essences And Extracts, Others - Coffee, Black Tea, Green Tea,
Specialty Tea, Others – Tea.
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