Global Green Tea Market Size, Share And Industry Forecast 2022-2028
Green tea is a light-green beverage with a little bitter flavour that is produced from the unoxidized leaves of the Camellia sinensis plant. It was traditionally used as a medication in China and India to treat several conditions, including soothing digestion, reducing bleeding, regulating body temperature, enhancing heart and brain health, and repairing wounds.
The Green Tea Market was estimated at USD 15.7 Billion in 2021, and is projected to reach USD 23.76 Billion by 2028, growing at a CAGR of 6.1% over the analysis period.
Green tea is a light-green beverage with a little bitter flavour that is produced from the unoxidized leaves of the Camellia sinensis plant. It was traditionally used as a medication in China and India to treat several conditions, including soothing digestion, reducing bleeding, regulating body temperature, enhancing heart and brain health, and repairing wounds. Due to consumer lifestyle changes, an increase in the prevalence of chronic diseases, and growing knowledge of the health advantages of green tea, it is quickly expanding in popularity as a beverage around the world. Green tea is also frequently utilised as a raw ingredient in the creation of beverages, dietary supplements, dental care products, and cosmetics.
Green tea includes bioactive compounds including polyphenols and caffeine that help break down fat cells and release them into the circulatory system, causing weight reduction. Green tea is increasingly in demand worldwide as a result of consumers' rising propensity to spend on weight-management goods. Additionally, green tea lowers cholesterol and triglyceride levels as well as the risk of heart attacks. Additionally, drinking green tea regularly protects against cavities, inhibits plaque growth, lowers saliva acidity, and stops oral bacteria from creating acids that erode tooth enamel. Rising health consciousness, value addition, the rapid expansion of online retail, and other variables are some of the additional major factors influencing the demand for green tea.
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The Major Players in The Global Green Tea Market:
- Arizona Beverage Company(U.S)
- Associated British Foods LLC (UK)
- Tata Global Beverages (India)
- Unilever (UK)
- Cape Natural Tea Products (South Africa)
- Celestial Seasonings (US)
- Finlays Beverages Ltd (US)
- Frontier Natural Products Co-Op (US)
- Hambleden Herbs(Cambridgeshire)
- Hankook Tea (USA)
- Honest Tea, Inc (US)
- Kirin Beverage Corp (Tokyo)
- Metropolitan Tea Company (Ontario)
- Northern Tea Merchants Ltd (UK)
- Numi Organic Tea (US), and other major players.
Market has segmented the Global Green Tea Market on the basis of type, application, and region:
- Green Tea Bags
- Instant Green Tea Mixes
- Loose Green Tea Leaves
By Distribution Channel:
- Specialty Stores
- Convenience Stores
- Online Stores
By Regional Outlook (Revenue, USD Billion, 2022 – 2028)
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
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Covid-19 Impact and Recovery Analysis on Industry:
Initially, the Covid-19 epidemic had a negative impact on the countries that produce tea. More than 80 million people depend on the growing and production of tea for their livelihoods globally, therefore the rapid appearance of the virus had a significant impact on both industrialised and developing countries. This was similar to many other labor-intensive businesses, but the timing alone caused a severe and unusual blow to the tea goods sector. One of the most popular drinks worldwide is green tea, especially in Asian nations where COVID-19 mortality and morbidity rates are very low. However, as the pandemic situation progressed, green tea consumption increased globally as a result of the beverage's numerous health advantages.
Reasons to purchase the report:
- Visualize the composition of the Global Green Tea Market products in terms of Product and application highlighting the critical commercial assets and players.
- Identify commercial opportunities in the Global Green Tea Market by analyzing trends and co-development deals.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Form
3.3 By Distribution Channel
To be continued…….
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