Report Overview

The Australia iced tea market reached a value of approximately AUD 754.05 million in 2023. The market is projected to grow at a CAGR of 4.84% between 2024 and 2032 reaching a value of around AUD 1153.83 million by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • As per industry reports, in 2022, Australia witnesses an increase of 22.91% in imports of coffee, tea, mate, and spices.
  • Ongoing development include sustainable packaging for iced tea, crafted by brands which are 100% biodegradable and are plant-based.
  • In May 2024, household spending for hotels, cafes and restaurants in Queensland witnessed an annual growth of 0.7%.

Australia Iced Tea Market Growth

Compound Annual Growth Rate

Value in AUD million

4.84%

2024-2032


Australia Iced Tea Market Outlook

*this image is indicative*

The health benefits of Iced tea are opening up Australia iced tea market opportunities. Iced tea may be a sweetened or unsweetened drink containing numerous antioxidants that provide health benefits such as supporting the immune system, reducing inflammation, and helping with weight loss. It can be served in various flavours such as lemon, orange, passion fruit and peach.

Australia Iced Tea Market Summary Description Value
Base Year AUD Million 2023
Historical period AUD Million 2018-2023
Forecast Period AUD Million 2024-2032
Market Size 2023 AUD Million 754.05
Market Size 2032 AUD Million 1,153.83
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 4.8%
CAGR 2024-2032 - Market by Region Western Australia 5.2%
CAGR 2024-2032 - Market by Region Victoria 4.7%
CAGR 2024-2032 - Market by Product Type Herbal 6.2%
CAGR 2024-2032 - Market by Form Liquid/Ready-to-drink 5.4%
2023 Market Share by Region Western Australia 16.2%

Australia Iced Tea Market Report

Imports of coffee, tea, mate, and spices in Australia increased from USD 772,298,815 in 2021 to USD 949,301,882 in 2022 indicating the growth in Australia iced tea market.

Australia Iced Tea Market Trends

The Australia iced tea market growth is attributed to brands crafting various flavour ranges that are naturally sourced and organic which provide benefits to individuals to combat health problems. Iced tea works as a healthier alternative for working professionals in a fast-paced lifestyle as this is convenient and portable for consumption.

As per the Australia iced tea market report, companies such as, Eat the Change, have launched an organic iced tea range named Just Iced Tea with new flavours. Companies have adopted sustainable packaging solutions which are 100% plant-based and plastic-free.

Australia Iced Tea Market Segmentation

Australia Iced Tea Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • Black
  • Green
  • Herbal
  • Others

Market Breakup by Form

  • Powder/Premix
  • Liquid/Ready-to-drink
  • Concentrates

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Channels
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Iced Tea Market Share 

Based on product type, herbal tea has driven Australia iced tea market, as these are organic and naturally sourced from plants.

Herbal teas are generally loose leaves of different flavours that are infused in water to create a mix, they provide added benefits such as strengthening of immune system and are also lower in caffeine. Consumption of black iced tea gives a relaxing effect, reduces blood pressure, and supports heart health which eventually drives the Australia iced tea market.

Based on form, Australia iced tea market share is led by liquid and ready-to-drink iced tea.

Ready-to-drink iced tea is convenient and is considered a healthy alternative to sugary beverages and carbonated drinks. Vegan-friendly and naturally made ready-to-drink iced tea is created to provide individuals with a healthy lifestyle. Powder/premixes and concentrates are infused with water to create an iced tea.

Based on the distribution channel, online stores are driving the Australia iced tea market growth.

Online stores are convenient for individuals as they provide a seamless shopping experience allowing them to explore various ranges of iced teas from different brands providing a wide range of flavours and price options.

However, offline platforms such as supermarkets, hypermarkets, and convenience stores are still estimated to constitute a significant portion of the market.

Competitive Landscape

Companies brew loose-leaf tea and fresh herbs while competing on various tea products for the food service and manufacturing industries while also providing a remedial tea range.

Chapter Tea

Chapter Tea, headquartered in Australia, brews loose-leaf tea, fresh herbs, and fruits to create iced tea with herbs and fruit flavour.

Asahi Holdings (Australia) Pty Ltd

Asahi Holdings (Australia) Pty Ltd, founded in 1889 and headquarters in Japan, is a manufacturer of food, beer, alcoholic, and non-alcoholic beverages. They satisfy customers with their high level of integrity and quality.

XOTea Pty Ltd

XOTea Pty Ltd, headquartered in Australia, offer various tea products for the food service and manufacturing industries. They develop products to connect with individuals.

Teascapes Australia

Teascapes Australia, headquartered in Australia, provides a remedial tea range including loose-leaf and tea bags. They also serve their products to the food service industry.

Other Australia iced tea market key players are Iced Tea Co., The Tea Hut, and Ito En Australia Pty Ltd, among others. 

Australia Iced Tea Market Analysis by Region

New South Wales, particularly Sydney, is a major consumer hub for iced tea, driven by its diverse population and vibrant café culture. The urban lifestyle and high disposable income contribute to a strong demand for premium and ready-to-drink iced tea options. Health-conscious consumers in NSW are increasingly opting for iced teas with natural ingredients, lower sugar content, and functional benefits, such as antioxidants and vitamins. The market in this region is characterized by a competitive landscape with both international brands and local artisanal producers vying for market share.

CAGR 2024-2032 - Market by Region
Western Australia 5.2%
Victoria 4.7%
New South Wales 4.4%
Queensland XX%
Australian Capital Territory XX%
Others XX%

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The Australia iced tea market was valued at AUD 754.05 million in 2023.

The market is projected to grow at a CAGR of 4.84% between 2024 and 2032.

The revenue generated from the market is expected to reach AUD 1153.83 million in 2032.

Based on the form, the iced tea market is bifurcated into powder/premix, liquid/ready-to-drink, and concentrates.

Key players in the industry are Chapter Tea, Asahi Holdings (Australia) Pty Ltd, XOTea Pty Ltd, Teascapes Australia, Iced Tea Co., The Tea Hut, and Ito En Australia Pty Ltd, among others.

Based on product type, the iced tea market is divided into black, green, herbal, and others.

The different distribution channels in the market include supermarkets and hypermarkets, convenience stores, online Channels, and others.

The market is broken down into several regions such as New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Form
  • Distribution Channel
  • Region
Breakup by Product Type
  • Black
  • Green
  • Herbal
  • Others
Breakup by Form
  • Powder/Premix
  • Liquid/Ready-to-drink
  • Concentrates
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Channels
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Chapter Tea
  • Asahi Holdings (Australia) Pty Ltd.
  • XOTea Pty Ltd.
  • Teascapes Australia
  • Iced Tea Co.
  • The Tea Hut
  • Ito En Australia Pty Ltd.
  • Others

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