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Tea: In-depth Industry Report in Macedonia

  • February 2017
  • 21 pages
  • ID: 198351
In this report:
Tea retail value sales at constant 2016 prices are expected to grow at a CAGR of ##% over the forecast period to reach MKD## billion in 2021.
Tea is expected to witness more new product developments over the forecast period as manufacturers move to respond to trends like rising health awareness and increasing demand for more novel or exotic flavours among consumers.

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Tea retail current value sales grew by 3.0 percent in 2016 to attain MKD1.7 billion. Retail volume sales meanwhile grew by 1.0 percent to reach 1,055 tonnes, while on-trade volume sales growth was marginal. Despite this mostly positive performance, the tea-drinking culture in Macedonia remained comparatively underdeveloped, as coffee continued to dominate the local hot drinks market. Coffee was responsible for 64.0 percent of hot drinks retail current value sales, while the corresponding shares for tea and other hot drinks were...

Euromonitor International's Tea in Macedonia report provides a thorough outline of the market magnitude and design at a national level. It offers the latest retail sales data 2012-2016, permitting you to recognize the sectors generating growth. It highlights top firms and presents a strategic overview of main factors impacting the market, i.e. distribution, legislative or pricing issues. Projections to 2021 expose how the segment might evolve.

Product coverage: Black Tea, Fruit/Herbal Tea, Green Tea, Instant Tea, Other Tea.

Data coverage: market values (historic and estimations), number of company shares and market shares.

Few good reasons for buying this report

Get an in-depth picture of the Tea market;

Point out growth segments and apprehend elements driving change;

Comprehend the competitive environment, the segment's main actors and major brands;

Use 5-year projections to apprehend how the segment is forecasted to change.

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