2012-09-18 04:41:25 - Herbal Tea Production in the US - Industry Market Research Report - a new market research report on companiesandmarkets.com
Herbal Tea ProductionA hot commodity: Herbal teas have been growing in popularity for several reasons over the past five years, including increased awareness of their health benefits, an aging population and a greater number of people without healthcare. Consistent demand from the aging population is partly attributable to the intense marketing on the part of industry operators in an effort to boost awareness about the health benefits of herbal teas. And the economic recession benefited industry operators as Americans faced mounting difficulty in accessing and paying for conventional healthcare. Even as people return to work and healthcare programs in the coming years, demand for industry products will be resilient since its consumer base has already expanded. Competition will grow, though,
so producers will increasingly innovate and expand distribution networks.Companies in this industry blend and package plant infusions made from any leaf, root, fruit or flower that comes from a plant other than the tea plant. The industry does not include iced and ready-to-drink herbal teas.This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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