Project Report For Mini Tea Factory
Project report for Mini Tea Factory is as follows.
Tea, which originated in India, is now one of the world’s most popular beverages. It is often produced by pouring hot or boiling water over cured tea plant leaves. Tea growing necessitates certain soil and climatic conditions, which may be found in developing countries such as Kenya, China, India, and Sri Lanka. Tea is high in antioxidants and has various health advantages such as lowering the risk of heart attack and stroke, losing weight, preserving bone health, increasing immunity, and so on. improving digestion Tea products are currently made and sold in a variety of formats, including loose tea, teabags, bottled and canned ice tea, ice tea powders, and milk tea powders.
Tea makers have been able to develop premium and health-oriented goods as customers’ disposable incomes have increased. They have begun to incorporate many beneficial components into their organic tea formulas in order to address some of the most prevalent health issues, such as diabetes, beauty, obesity, heart health, and so on. As a result, a movement toward the consumption of organic tea is a growing trend that is positively impacting the tea market’s growth.
Market potential & Strategy
The important aspect supporting tea’s rise is its widespread consumer acceptability. Currently, it is the world’s second most drank beverage after water. Tea consumption is quite high in Asia and Europe, with individuals drinking tea on a regular basis.
Tea is a low-cost tea that is enjoyed by people of all socioeconomic backgrounds. The fact that tea is inexpensive to the majority of the people, the majority of whom are low-income, has been a significant driver of its appeal in many developing countries such as India and China.
Over the last several years, the out-of-home tea business has grown, with numerous tea lounges appearing throughout the world. These lounges provide a range of perks to customers, such as the availability of selected teas from various areas. Such establishments have given customers gathering areas where they can engage in discussion, which has led to an increase in demand for tea.
During the projected timeframe, the worldwide tea market is predicted to grow at a 4.7 per cent CAGR (2020 – 2025). The black tea sector accounts for a significant portion of the worldwide tea market. Green and herbal/flavoured tea, on the other hand, are expected to expand the most due to increased knowledge of their health advantages. Because tea can only be grown in a restricted range of agro-ecological conditions, tea production is very susceptible to variations in weather. China is the world’s leading exporter of tea, accounting for roughly 31.8 per cent of worldwide exports.
Create 100% Bankable Project Report