Tea Processing Equipment Market to Increase by 2030; New Report Highlights Some of the Key Players

According to Fortune Business Insights, the global tea processing equipment market size is projected to reach US$3.11 billion by 2030 from its US$2.24 billion value in 2022, at a CAGR of 4.4 percent during the forecast period.

The tea processing equipment market size is expected to reach a valuation of USD$2.31 billion in 2023.

Tea processing equipment completes essential tasks such as withering, sorting, fermenting, rolling and drying. Tea manufacturers use orthodox tea machines, tea sorting equipment, tea drying equipment, CTC tea processing equipment, fiber extractors, tea powder grinding and tea grading equipment on a daily basis. It’s used highly for commercial purposes, which are set to propel market growth.

The new report from Fortune Business Insights is titled, Tea Processing Equipment Market, 2023-2030.

The report provides a detailed analysis of the top segments and the latest trends in the market, and it comprehensively discusses the driving and restraining factors of the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

RELATED: Six Secrets of Purchasing Tea Processing Equipment

According to the report, some of the key players in the market – all featured in the report – include:

Drivers and Restraints, Analysis of the Tea Processing Equipment Market

Government initiatives and advancements in technology are projected to drive the tea processing equipment market growth. Many governments have been actively supporting the tea processing industry, which has helped to increase the market share. In addition, there has been a constant evolution with new technologies and innovations. This has led to an increase in demand for high-tech equipment, which can improve the quality of tea, reduce processing time and cost, and increase efficiency. However, low-cost competition and lack of skilled labor may impede market expansion.

According to processing technique, the market is split into CTC tea processing machines and orthodox tea processing machines. The CTC tea processing machine segment will hold the largest share as it is a modern, highly automated tea processing method involving machines to crush, tear and curl tea leaves.

Regarding processing component, the market is divided into tea sorting equipment, tea powder grinding, tea rolling machines, fermenting machines and tea drying equipment. The tea sorting equipment sector is set to dominate, as it helps ensure consistent quality and flavor in the final product.

Asia Pacific is expected to hold the majority in the tea processing equipment market, due to the presence of the largest tea producers. China and India are the largest tea producing countries, which helps in the demand for the processing equipment. China is set to dominate in the region due to its high population and increasing green tea demand.

North America has seen steady growth due to the growing demand for high-quality tea and tea-based beverages such as iced tea, bubble tea and specialty teas.

South America is anticipated to show stable growth, as the region has a range of climates and tea-growing regions, such as Argentina, Brazil and Colombia.

The European market is set to grow steadily due to the increasing popularity of green tea, and a growing trend to use organic and sustainability-sourced teas.

In addition, market players have been steadily upgrading their equipment portfolios with new products and technologies, per the report.

Fortune Business Insights delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions.

To learn more about Fortune Business Insights, visit FortuneBusinessInsights.com. For a free sample of the research report, click here.

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