Tea is an infusion made by steeping the leaves, buds, or twigs of Camellia sinensis in hot water to produce a flavorful, aromatic drink. It is available in several varieties like white, black, green, and oolong. It aids in the reduction of oxidative stress and the risk of chronic diseases such as cancer and cardiovascular diseases due to the plentiful antioxidant properties of flavonoids and catechins. It assists in boosting the level of focus and cognitive ability because caffeine is known to enhance alertness and promote cognitive function. It is majorly used for weight management because the catechins and caffeine in tea increase metabolism, stimulate fat oxidation, and also reduce appetite. It also strengthens the immunity system to fight against diseases.
Tea companies in India are producing flavored teas, ready-to-drink teas, tea bags, and instant tea blends instead of the more conventional loose-leaf teas. This helps them to expand into new domestic and international markets as well as new revenue streams in addition to meeting the ever-evolving needs of consumers. Indian tea companies are increasingly adopting environment-friendly practices in their operations, including organic farming and discarding synthetic fertilizers and pesticides. They also focus on the induction of water conservation practices to reduce the use of water in tea plantations and processing and waste-reduction practices.
According to IMARC Group, The India tea market size reached US$ 11.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.18% during 2024-2032.
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Indian tea companies are harnessing the power of technology to improve efficiency, quality, and traceability throughout the tea production process. Advanced tea-processing equipment and machinery give more precision and consistency in the final product. Packaging processes are automated to ensure optimally functioning operations, reduced labor cost, and organizational function integration. These tools are used in applying data analytics to help companies make the best decisions and customize their offerings according to consumer choices and market trends. Moreover, Indian tea companies are using on blockchain technology as a way to ensure supply chain transparency with regard to the authenticity and traceability of their tea products. These companies have realized and leveraged technology to gain a competitive advantage in the world driven by digital means and to be positioned for growth in the future.
List of Top Companies Operating in the Indian Tea Industry:
- Amar Tea Pvt. Ltd.
- Duncans Industries Ltd.
- Hindustan Unilever Limited
- Organic India Private Limited
- Pataka Group, Society Tea
- Tata Consumer Products Limited
- Wagh Bakri Tea Group.
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