Green Tea Market Price, Industry Size, Share By Top Companies, Growth Factors, In-Depth Analysis Report 2023-2028
According to the latest report by IMARC Group, titled “Green
Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028”, the global green tea market size reached US$ 15.1
Billion in 2022. Looking forward, IMARC Group expects the market to reach US$
22.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during
2023-2028. Green tea represents a beverage item having a
slightly bitter taste that is prepared from the unoxidized leaves and buds of
the Camellia sinensis plant. It was traditionally used as a medicine for easing
digestion, regulating body temperature, improving heart and mental health,
controlling bleeding, and healing wounds. Additionally, the moderate
consumption of green tea can also aid in enhancing thinking skills while
reducing cholesterol and triglyceride levels in the body. As a result, it is
extensively utilized as a raw material in the production of beverages, dietary
supplements, dental care items, and cosmetic products.
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Industry Growth:
The inflating usage of the product, as it contains bioactive
substances, such as caffeine and polyphenols, which aid in breaking down fat
cells and discharging them into the circulatory system, thereby resulting in
weight loss, is among the key factors stimulating the green tea market.
Moreover, the increasing consumption of the item, owing to the rising consumer
tendency to spend on weight management products, is acting as another
significant growth-inducing factor. Besides this, the growing utilization of
green tea assist in decreasing cholesterol and triglyceride levels and lowering
the chances of heart attacks is positively influencing the global market.
Furthermore, the widespread adoption of the product provides cavity protection,
lowers the acidity of saliva, reduces the development of plaque, and prevents
oral bacteria from producing tooth enamel-dissolving acids is also propelling
the market growth. Apart from this, extensive R&D activities to develop
novel varieties of the item, including organic and flavored versions, and the
introduction of innovative packaging for the product are anticipated to fuel
the green tea market over the forecasted period.
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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
- Unilever
- 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
Key Market Segmentation:
Breakup by Type:
- Green Tea Bags
- Green Tea
Instant Mixes
- Iced Green Tea
- Loose Leaf
- Capsules
- Others
Breakup by Flavour:
- Lemon
- Aloe Vera
- Cinnamon
- Vanilla
- Wild Berry
- Jasmin
- Basil
- Others
Breakup by Distribution Channel:
- Supermarkets and
Hypermarkets
- Specialty Stores
- Convenience
Stores
- Online Stores
- Others
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
- Market
Outlook
- 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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IMARC’s information products include major market, scientific,
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industrial, and high technology organizations. Market forecasts and industry
analysis for biotechnology, advanced materials, pharmaceuticals, food and
beverage, travel and tourism, nanotechnology and novel processing methods are
at the top of the company’s expertise.
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