Global Butterfly Pea Flower Tea Market Overview
Butterfly Pea Flower Tea Market Size was valued at USD 0.5 Billion in 2022. The butterfly pea flower tea market industry is projected to grow from USD 0.526 Billion in 2023 to USD 0.7924 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.25% during the forecast period (2023 - 2032). Rising consumer awareness of the health benefits of butterfly pea flower tea, rising demand for organic goods, and the expanding popularity among millennials are some of the key market drivers driving the market's expansion.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Butterfly Pea Flower Tea Market Trends
- Growing Interest in Herbal Products and Their Health Advantages to Accelerate Market Growth
The demand for herbal beverages is driven by rising customer concern for health and well-being. Drinks that improve bodily functions are more appealing to consumers. The butterfly pea flower tea market has expanded due to the rising popularity of herbal beverages. As a result, tea producers are providing cutting-edge solutions to meet customer health concerns. For instance, blue tea has catechins, which are thought to help with weight loss and belly fat burning. Drinking warm water infused with butterfly pea flowers is a powerful approach to increasing metabolism, which aids in burning more calories. Tea is a fantastic beverage to include in the detox diet because it contains antioxidants. Antioxidants assist in defending the body from the effects of free radicals. It has an earthy flavor that lifts your spirits. The tea also has stress-relieving properties, which aid in easing anxiety symptoms. It is also renowned for revitalizing the mind. Since the butterfly pea flower tea offers so many advantages, there will likely be a high demand for it over the projection period.
Additionally, the consumption of cocktail drinks such as Little Violeta, Purple Rain, the Wild Indigo Yander, and others is one of the trends in the butterfly pea flower market. Customers are drawn to these cocktails by their color and better health properties than those of more conventional drinks. "Blue Rice" is a different fad. In comparison to other artificially flavored rice that contains unhealthy food colors, blue rice is healthier. Unpolished, high-fiber, easy-to-digest blue rice from the North East or Thailand aids in metabolism.
Furthermore, as customers grow more aware of organic products, the health hazards connected with synthetic colors, and the advantages of natural food colors, natural food colors are becoming more popular than synthetic food colors. Numerous health problems have been brought on by the increasing adoption of artificial production sources to improve food output. A growing interest in ecologically friendly products and increased health consciousness drive demand for naturally cultivated food products worldwide. Food producers are increasingly adopting natural food colors to preserve foods and beverages aesthetically pleasing after processing as a result of the rising demand for natural food items. Thus, driving the butterfly pea flower tea market revenue.
Butterfly Pea Flower Tea Market Segment Insights
Butterfly Pea Flower Tea Form Insights
The butterfly pea flower tea market segmentation, based on form, includes tea bags and loose leaves. The tea bags category generated the most income. Due to their ease of use, storage, and transportation, tea bags have a larger market share.
Butterfly Pea Flower Tea Category Insights
The butterfly pea flower tea market segmentation, based on category, includes Conventional and Organic. The organic segment dominated the market. The term "organic" refers to goods produced or processed without dangerous chemicals like pesticides, herbicides, or chemical fertilizers. Organic foods are produced or grown without artificial ingredients like antibiotics and growth hormones and do not have any artificial flavors, colors, or chemicals. The blooms and leaves of the butterfly pea plant are used to make organic butterfly pea flower tea.
Butterfly Pea Flower Tea Distribution Channel Insights
The butterfly pea flower tea market segmentation, based on distribution channel, includes store based and non-store based. The non-store-based category generated the most income due to well-established commercial farming and traditional flower use, especially in Thailand and Malaysia. An increase in social media use and online buying also fuels the expansion of this market.
Figure 1: Butterfly Pea Flower Tea Market, by Distribution Channel, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Butterfly Pea Flower Tea Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American butterfly pea flower tea market area will dominate this market. This growth can be ascribed to expanding consumer desire for natural products, rising demand from the healthcare and wellness industry, and rising knowledge of the health advantages of tea. Supermarkets, department stores, convenience stores, internet shopping, and other establishments are among the biggest North American users of international butterfly pea flower tea.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: BUTTERFLY PEA FLOWER TEA MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe butterfly pea flower tea market accounts for the second-largest market share due to the growing range of uses for butterfly pea flowers, the development of the healthy food & ingredients trend, and the growing knowledge of the health advantages of butterfly pea flowers. Further, the German butterfly pea flower tea market held the largest market share, and the UK butterfly pea flower tea market was the fastest growing market in the European region
The Asia-Pacific Butterfly pea flower tea Market is expected to grow at the fastest CAGR from 2023 to 2032 due to rising interest in nutritious food and food items, expanded application areas, and growing knowledge of the health advantages of butterfly pea flowers. In Thailand, butterfly pea flowers are grown commercially in well-established fields, and the proliferation of butterfly pea flower producers accelerates expansion. Moreover, China’s butterfly pea flower tea market held the largest market share, and the Indian butterfly pea flower tea market was the fastest growing market in the Asia-Pacific region.
Butterfly Pea Flower Tea Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the butterfly pea flower tea market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, butterfly pea flower tea industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the butterfly pea flower tea industry to benefit clients and increase the market sector. In recent years, the butterfly pea flower tea industry has offered some of the most significant advantages to market. Major players in the butterfly pea flower tea market attempting to increase market demand by investing in research and development operations include Siam Industries International (Thailand), Yumchaa (London), Manila Superfoods (Philippines), Woodland Foods (US), My Blue Tea (Australia), ÉsahTea (India), Shyali Products Private Limited (India), Wild Hibiscus Flower Co. (Australia), Blue Tea. (India), and Longevity Warehouse (US).
Headquarters of Woodland Foods are in Waukegan, Illinois. Groceries are offered by Woodland Foods, Ltd. The business provides wholesale distribution of food items and related goods. Customers in the US are served by Woodland Foods. By strategically acquiring items that satisfy the greatest requirements for food safety and quality, Woodland Foods offers its clients genuine goods.
Siam Industries International (Thailand), a division of CP All Public Company Ltd, is a wholesaler of cash and carry chains that provides a range of goods and services to its clientele. Fresh food, dry food, non-food products, electronics, home goods, clothing, spirits and tobacco products are all part of the company's product line. Through its subsidiaries, it also imports, distributes, and sells food items, along with related services, management consulting services, and technical consulting services.
Key Companies in the butterfly pea flower tea market include
- Siam Industries International (Thailand)
- Yumchaa (London)
- Manila Superfoods (Philippines)
- Woodland Foods (US)
- My Blue Tea (Australia)
- ÉsahTea (India)
- Shyali Products Private Limited (India)
- Wild Hibiscus Flower Co. (Australia)
- Blue Tea (India)
- Longevity Warehouse (US)
Butterfly Pea Flower Tea Industry Developments
October 2022: Wize Tea announced a partnership with Vancouver-based muralist and artist Chairman Ting to produce a limited-edition design for their brand-new sparkling iced tea cans.
July 2022: The tea-infused skincare range by BYROE includes products including English Breakfast Tea Treatment Essence, Hibiscus Tea Glow Mist, and Rose Tea Eye Cream.
Butterfly Pea Flower Tea Market Segmentation
Butterfly Pea Flower Tea Form Outlook (USD Billion, 2018-2032)
Butterfly Pea Flower Tea Category Outlook (USD Billion, 2018-2032)
Butterfly Pea Flower Tea Distribution Channel Outlook (USD Billion, 2018-2032)
- Store-based
- Non-Store-based
Butterfly Pea Flower Tea Regional Outlook (USD Billion, 2018-2032)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
-
Rest of the World
- Middle East
- Africa
- Latin America
The Competitive Landscape of the Butterfly Pea Flower Tea Market is influenced by a blend of established players and new entrants responding to the growing consumer interest in unique and health-conscious beverage options.
