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 pale green beverage or dietary supplement made from the unoxidized leaves of Camellia sinensis and has a slightly bitter taste. Green tea is a type of tea that is least processed and is employed as a medicine in India and China for easing digestion, improving heart and mental health, regulating body temperature, healing wounds as well as controlling bleeding problems.
Green tea market research includes a thorough competitor study analysis and SWOT analysis. According to the market study, report covers key players market share and global impression through collaborations, mergers and acquisitions, joint ventures, partnerships, agreements and product launches. The research examines macroeconomic and microeconomic variables that may affect market demand and growth. The research reports covers COVID-19 impact on current market position as well as regional analysis for future growth. The market size, share, production, revenue, production, gross margin, pricing, and market-influencing factors are all covered in research report. The market research report is in-depth examined for the relevant time frame.
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Report Scope:
| Report Attribute | Details |
| Market Size In 2021 | USD 15.7 Billion |
| Market Size in 2028 | USD 23.76 Billion |
| CAGR Growth Rate | 6.1 %. |
| Base Year | 2021 |
| Forecast Period | 2022 to 2028 |
Leading Key Players:
- 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.
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Market Dynamics and Factors:
Drivers:
- Flourishing Demand among Consumers Owing to the Health Benefits
- Increasing Usage of Green Tea to Treat Skin Conditions
Restraints:
- Expensive Costs and Lack of Awareness among consumers in Rural Areas
Opportunities:
- Expansion of Product Portfolio
Market Segment by Type:
- Flavoured
- Unflavoured
Market Segment by Form:
- Green Tea Bags
- Instant Green Tea Mixes
- Loose Green Tea Leaves
Market Segment by Distribution Channel:
- Supermarkets/Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
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Market Segment by Application:
Market Segment by Region:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
Key Industry Development In The Green Tea Market
In January, 2021, Dwayne “The Rock” Johnson announced the development of ZOA Energy, a healthy energy drink infused with 160 mg of green tea and unroasted green coffee extracts. The drink is available in five flavors, namely, pineapple, wild orange, lemon-lime, super berry, coconut, and original. The drink aims to improve the immunity and health of people with regular consumption.
In April, 2021, Honest Tea, an organic tea company announced the launch of the new product- Honest Yerba Mate. The Honest Yerba Mate is a caffeinated ready-to-drink bottled beverage and to expand its portfolio the company made this RTD available in various flavors, such as Strawberry Pomegranate Matcha, Peach Mango Green Tea, and Lemon Ginger Black Tea.
In November, 2021, Unilever declared its entrance into an agreement to sell its global Tea business, Ekaterra, to CVC Capital Partners Fund VIII for €4.5 billion on a cash-free, debt-free basis. Illustration of two people picking tea leaves in a field Ekaterra is the world’s leading Tea business, with a portfolio of 34 brands including Lipton, PG tips, Pukka, T2, and TAZO®.
Table of Contents
Chapter 1: Introduction
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
Chapter 4: Market Landscape
Chapter 5: Market by Type
Chapter 6: Market by Application
Chapter 7: Market by End-User
Chapter 8: Company Profiles and Competitive Analysis
Chapter 9: Global Market Analysis, Insights and Forecast, 2016-2028
Chapter 10: North America Market Analysis, Insights and Forecast, 2016-2028
Chapter 11: Europe Market Analysis, Insights and Forecast, 2016-2028
Chapter 12: Asia-Pacific Market Analysis, Insights and Forecast, 2016-2028
Chapter 13: Middle East & Africa Market Analysis, Insights and Forecast, 2016-2028
Chapter 14: South America Market Analysis, Insights and Forecast, 2016-2028
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
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Key Benefits of Global Market Research Report:
- Market Segmented by Types, Applications, Regions, and key players
- Potential Market Drivers. restraints, opportunities and challenges in the study
- Recent Key industry news, developments and trends
- Leading Competitive landscape & strategies of industry players
- Research coves market historical, current, and projected market size and share value
- In-depth analysis of market in terms of sales, price, revenue, market share, and growth rate
- Research covers the porter analysis Bargaining Power of Suppliers and consumers, Threats of New Entrants, Substitute Product and Services
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