Global Oolong Tea Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Oolong Tea Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global oolong tea market report has been segmented as per variety, nature, form, application, and region.

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Global Oolong Tea Market: Overview

Oolong tea is relaxing to drink and it has a distinct color and flavors. It is partially oxidized green tea. This tea is widely used among several applications in the food and beverage industry. The conventional and organic oolong tea coupled with its health beneficial properties is most popular across the globe.

Global Oolong Tea Market: Dynamics

Growing demand for oolong tea in developed and developing countries due to a rising inclination towards the healthy lifestyle is a key factor projected to boost growth of the global oolong tea market over the forecast period. In addition, increasing awareness among individuals about health benefits associated with this tea such as diabetes control, helps in weight loss, lower cancer risk, improve brain and cardiovascular health, and others resulting in rising demand for oolong tea across the globe. This is another factor anticipated to drive growth of the target market.

Increasing consumption of various flavors oolong tea among individuals due to the rising popularity of ready to drink oolong tea across the globe. Increasing demand for a variety of oolong tea among individuals such as Phoenix oolong tea, Wuyi oolong tea, high mountain oolong tea, milk oolong tea, and others. These are some of the major factors projected to fuel growth of the target market over the forecast period.

However, high consumption of oolong tea is harmful and may cause various health issues such as heart problems, diabetes, high blood pressure, diarrhea, and others is a major factor expected to hamper growth of the global oolong tea market. In addition, the availability of oolong tea alternatives in the market is a challenging factor that may affect the growth of the target market.

Global Oolong Tea Market: Segment Analysis

Among the product type segment, the Fujian oolong tea is projected to register the highest growth in the target market, owing to the rising popularity of Fujian oolong tea among individuals and several health benefits associated with it such as reduce Obesity, avoid tooth decay, and others.

Increasing consumption of conventional oolong tea across the globe, owing to its health beneficial properties such as enhance bone health, reduced anxiety and stress, and others is a factor driving the revenue growth of the conventional oolong tea segment among the nature segments.

Global Oolong Tea Market: Region Analysis

The Asia Pacific oolong tea market accounted for the highest share in terms of revenue in the global market and is expected to dominate the target market over the forecast period. the rapid adoption of oolong tea and high oolong tea production in countries such as China and India in this region. The market in North America and Europe are expected to witness significant growth in the global market, owing to the high popularity of Fujian, Taiwan, and other oolong tea among individuals and rising number of oolong tea producers in countries such as US, Canada, Italy, France, Germany, and UK in these regions. The market in Middle East & Africa and Latin America are anticipated to register moderate growth in terms of revenue due to rising consumption of conventional oolong tea and organic oolong tea in the countries in these regions.

Global Oolong Tea Market Segmentation:

Segmentation by Variety:

Fujian
Guangdong
Taiwan

Segmentation by Nature:

Conventional Oolong Tea
Organic Oolong Tea

Segmentation by Form:

Powder
Loose Leaf
Tea Bags

Segmentation by Application:

Personal Care
Food and Beverage
Nutraceuticals