"Tea in Uzbekistan" now available at Fast Market Research
New Beverages market report from Euromonitor International: "Tea in Uzbekistan"
[USPRwire, Wed Aug 05 2015] Although tea is neither produced nor grown in Uzbekistan, it represents a national drink for Uzbekistani consumers. Tea is consumed in all formats: hot, cooled, with and without sugar. Tea accompanies meals at all times: consumers drink it for breakfast, lunch and dinner. Such consumption habits emerged historically, which made tea the most traditional and common hot drink consumed in the country. These unchanging preferences and drinking culture make consumption and sales of tea stable, helping to drive sales in 2014.
Competitive Landscape
Two major brands accounted for 51% of sales – Bayce of Beta Algoritm and Ahmad Tea by Ahmad Tea London Ltd. Bayce accounted for 36% of retail sales in 2014, thanks to its widest portfolio/range of packs and tea (leaf) types. Its highest share is also supported by affordable prices. Similarly, Ahmad Tea also enjoys a wide variety of packs and tea types but, unlike Bayce, it is positioned in the upper standard price band and is comparatively more expensive. In 2014 Ahmad Tea accounted for a 14% value share.
Tea will continue benefiting from the positive environment, taking advantage of consumers’ drinking habits and strong demand. This will help to maintain sales at a positive tempo, ensuring stability of growth over the forecast period. Total volume sales of tea are set to record a CAGR of 3%, and retail value sales are also to post a CAGR of 2% at constant 2014 prices over the forecast period.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Tea industry in Uzbekistan with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Tea industry in Uzbekistan, our research will save you time and money while empowering you to make informed, profitable decisions.
The Tea in Uzbekistan market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions suchas:
* What is the market size of Tea in Uzbekistan?
* What are the major brands in Uzbekistan?
* Is loose leaf tea available in Uzbekistan?
* Is there a shift from unpackaged to packaged tea in Uzbekistan?
* Is there a market for tea pods in Uzbekistan?
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)
You may also be interested in these related reports:
