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.
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 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 is also used as a raw material in the production of dietary supplements, cosmetic products, beverages, and dental care items widely. Regular consumption of green tea helps maintain an ideal weight within desired limits, boosts the immune system, relieves physical and mental stress, and keeps check on skin redness.
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Market Dynamics and Factors:
Green tea has several restorative and antioxidant characteristics that help to treat and prevent diseases such as diabetes, tooth decay, and heart disease. The antioxidant properties present in green tea play a vital role in maintaining blood pressure and cholesterol levels in the body. It further helps in detoxifying the body and healing scars. The rising obesity problem all over the world has also contributed in driving the growth of the green tea market worldwide. Owing to the major characteristics of reducing extra fat and maintaining weight, the green tea market is estimated to gain a significant traction in coming years.
Scope of the Report:
Overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Green Tea Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Green Tea Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Top Key Players Covered In The 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.
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
Green Tea Market Segmentation:
For this report, Introspective Market Research has segmented the Green Tea Market based on region:
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
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Green Tea Market by Type
To be continue………
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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
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Dec 28, 2023
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