The latest report by IMARC Group, titled “Green Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global green tea industry share. The report also includes competitor and regional analysis, and contemporary advancements in the market. 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 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.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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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.
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
Key Market Segmentation:
- Green Tea Bags
- Green Tea Instant Mixes
- Iced Green Tea
- Loose Leaf
- Aloe Vera
- Wild Berry
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
- 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.
|Base Year of the Analysis||2022|
|Segment Coverage||Type, Flavour, Distribution Channel, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||AMORE Pacific Corp, Arizona Beverage Company, Associated British Foods LLC, The Coca-Cola Company, Tata Global Beverages, Unilever, Cape Natural Tea Products, Celestial Seasonings, Finlays Beverages Ltd., Frontier Natural Products Co-Op., Hambleden Herbs, Hankook Tea, Honest Tea, Inc., ITO EN, Kirin Beverage Corp., Metropolitan Tea Company, Northern Tea Merchants Ltd, Numi Organic Tea, Oishi Group Plc., Oregon Chai Inc. and Yogi Tea|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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