Global Green Tea Market Overview:
The latest report by IMARC Group, titled “Green Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global Green Tea Market Size. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global green tea market reached a value of US$ 14.04 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 21.37 Billion by 2027, exhibiting at a CAGR of 7.36% during 2022-2027.
Green tea is a type of tea made from the leaves of the plant Camellia Sinensis. It is prepared by pan-frying and steaming the leaf buds and leaves, which are then dried and brewed for consumption. A brewed green tea is usually green, yellow, or light brown in colors and is available in a variety of flavors such as grass, toasted, vegetal, steamed, and sweet. In countries, including China and India, green tea was consumed to aid digestion, regulate body temperature, improve heart and mental health, as well as control bleeding and heal wounds.
However, it is also known to reduce the risk of depression and various types of cancer such as lung, liver, colon, and gastric cancer. Green tea is proven to lower cholesterol and triglyceride levels in the body and enhance the thinking skills of individuals. As a result, green tea is becoming one of the most preferred beverages across the globe.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.
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Global Green Tea Market Trends and Drivers:
The market is primarily driven by the increasing awareness regarding the health benefits associated with the consumption of green tea. In addition, the rising preference for leading an active lifestyle is also providing an impetus to market growth.
Besides this, the growing expenditure on weight management products, along with the increasing instances of lifestyle diseases such as chronic heart diseases and cancer, are propelling the demand for green tea. Nowadays, the significant growth of the food and beverage, pharmaceutical, and personal care industries is also fueling market growth. Green tea is widely used as a raw material in producing beverages, dietary supplements, dental care, and cosmetic products. Furthermore, manufacturers are introducing new green tea flavors like aloe vera, lemon, vanilla, cinnamon, wild berry, and jasmine, which is creating a positive outlook for the market.
Global Green Tea Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the market has been analyzed with the key players being:
- AMORE Pacific Corp.
- Cape Natural Tea Products
- Celestial Seasonings
- Finlay’s Beverages Ltd.
- Arizona Beverage Company
- Associated British Foods LLC
- The Coca-Cola Company
- Tata Global Beverages
- Metropolitan Tea Company
- Northern Tea Merchants Ltd.
- Numi Organic Tea
- Oishi Group Plc.
- Frontier Natural Products Co-Op.
- Hambleden Herbs
- Hankook Tea
- Honest Tea, Inc.
- ITO EN
- Kirin Beverage Corp.
- Oregon Chai Inc.
- Yogi Tea
Breakup by Type:
- Green Tea Bags
- Green Tea Instant Mixes
- Iced Green Tea
- Loose Leaf
Market Breakup by Flavour:
- Aloe Vera
- Wild Berry
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance 2016-2021
- Market Outlook 2022-2027
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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