Global Green Tea Market Overview:
According to the latest report by IMARC Group, titled “Global Green Tea Market Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, 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 prepared from the Camellia sinensis plant. It is made by pan-frying and steaming the leaves of this plant, followed by drying them. Its consumption is known to be effective against depression and various types of cancers. It also aids in boosting metabolism in the body while offering numerous health benefits to consumers.
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Global Green Tea Market Trends and Drivers:
The global market is majorly driven by the rising awareness about the health benefits of green tea among the masses. This, in confluence with the changing lifestyle preferences of the consumers, is positively influencing the market growth. Furthermore, the widespread popularity of functional beverages across the globe is offering lucrative opportunities to the leading players to introduce innovative green tea variants, which is stimulating the market growth. Moreover, the increasing popularity of flavored green teas, such as honey, citrus, floral, and fruity, is creating a positive outlook for the green tea market. Additionally, the rapid expansion of online retail channels is also providing an impetus to market growth.
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
Breakup by Flavour:
- Aloe Vera
- Wild Berry
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
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
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