Functional Tea Market To Reach USD 12.2 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]
Unilever PLC (UL)
US:NYSE Investor Relations:
unilever.com/investor-relations
Company Research
Source: Yahoo! Finance
Fort Collins, Colorado, April 19, 2024 (GLOBE NEWSWIRE) -- The rise in emphasis on health and wellness and the availability of various tea flavors drive the industry growth. The functional tea market is experiencing significant growth, driven by consumers' increasing emphasis on health and wellness. Functional teas offer a range of health benefits, including improved digestion, stress relief, and immune system support, and they are gaining popularity among health-conscious individuals. Additionally, the growing disposable income and willingness to invest in health-enhancing products further propel the expansion of this market. Manufacturers are diversifying their product offerings in the functional tea market, introducing innovative blends and flavors to meet consumers' evolving preferences. Moreover, the broader availability of functional teas across various distribution channels such as supermarkets, health food stores, and online platforms has made these products more access
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