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Pandemic Widens Gap Between Large And Small Tea Producers
HUL, Tata Consumer and Tata Global Beverages-Dhunseri have seen their market share increase during the pandemic.
05 Aug 2021, 01:06 PM IST
Large tea producers increased their dominance during the pandemic as a wave of consolidation and formalisation helped them gain at the expense of regional and smaller peers.The combined market share of the top three producers in the world’s second-biggest market for the commodity—Hindustan Unilever Ltd., Tata Consumer Products Ltd. and Tata Global Beverages-Dhunseri Ltd.—rose by nearly four percentage points to over 67% in the year t...
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