(Entertainment-NewsWire.com, December 21, 2023 ) As per the MMR research, the market size of Oolong Tea Market reached USD 440 Thousend in 2023, with anticipated growth at a CAGR of 3.6% from 2023 to 2030. This trajectory is expected to generate revenue of USD 583.89 thousand by the year 2030.
This report examines the global Oolong tea market. A report shows from where the leaves get plucked of Camellia sinensis to the crispness of green tea and the richness of black tea. In addition to that, the highly demanding Chinese oolongs grown in rugged terrains, which boast a bold flavor where Taiwanese have less oxidation, have a lighter greener taste.
Oolong Tea Market Dynamics
The global oolong tea market trend is driven by health-conscious people. A semi-oxidized oolong tea gains popularity because of its rich antioxidant content. This tea offers potential health benefits comparable to regular green and black teas. Such high demand for unique tea production faces challenges like limited availability of high-quality of rare tea varieties, high prices and limited consumer base.
Oolong Tea Market Regional Insights (The APAC Dominance)
According to recent research the oolong market is driven by Taiwan and China's rich tea cultures. The diversity in nature is habitable to grow variety of oolong teas. APAC including Alishan and Tie Guan Yin, is globally appriciated.
