The tea industry is offering increased specialization to satiate consumer demands
Implications - The premiumization of tea continues, as manufacturers and retailers liken the typically low-key beverage with its more sophisticated counterparts, wine and coffee. Whether it's by focusing on specialized preparation or presentation, the beverage itself is being elevated to fit the rising culture surrounding it.
Workshop Question - How can you tweak your messaging to give your consumers the perception of exclusivity?
Trend Themes
1. Premiumization of Tea - As the culture surrounding tea rises, it's being elevated to fit the sophistication of wine and coffee, leading to the development of premium tea products.
2. Functional and Beautifying Teas - Rise in health consciousness has sparked an interest in teas that provide specific health, wellness or beauty benefits through natural ingredients.
3. Direct Sourcing and Modernization of Traditional Ceremonial Teas - Direct sourcing from native lands and a modern twist on traditional ceremonial teas aligns with urban dwellers' appreciation for tradition and stir up greater interest.
Industry Implications
1. Tea Industry - Tea manufacturers and retailers are increasing specialization in terms of preparation, presentation and packaging.
2. Health and Wellness Industry - The rise of functional and beautifying tea blends addresses consumers' increasing health consciousness.
3. Culinary Industry - The direct sourcing and modern twist on traditional ceremonial teas and hybrid drinks encourage experimentation with taste experiences.