Reasons to make your own tea brand
Here are some numbers that prove the growth of tea industry (as well as food and beverage industry in the country). You can observe the growth of its demand on the domestic market, and the benefits of tea trading. According to the data from Statista:
- Revenue in the tea segment in Vietnam reached $3.22 billion in 2022. The market is expected to grow by 4.48% every year.
- In relation to total population figures, per person revenues from tea amounts of $31.34 in 2022. It is 4% more than it was the previous year.
- In the tea segment, volume is expected to be 109.6mkg by 2025. The market for tea will show a volume growth of 5.8% in 2023.
Vietnamese tea market is growing and expanding with demand on it.