Strong demand and the rapid premiumisation of tea and coffee products has driven revenue growth in the Tea and Coffee Manufacturing industry over the past five years. Industry revenue is forecast to rise by an annualised 3.6% over the five years through 2014-15 to total $2.2 billion. Australia's tea and coffee culture has supported demand for industry products over the past five years, with particularly strong growth for products at higher pricepoints. Manufacturers across the industry have worked to meet consumer demand by offering a raft of new premium products, in an effort to attract premium prices. This trend is expected to continue over the next five years.
Firms in this industry primarily process and manufacture tea and coffee from tea leaves and coffee beans. Industry firms are engaged in the production of loose-leaf tea, tea bags, fresh coffee and instant coffee.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.