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Matcha Products Market Share

ID: MRFR//3194-HCR | 110 Pages | Author: Snehal Singh| May 2024

The realm of frozen desserts is experiencing a paradigm shift, with the ascent of artisanal ice cream as a notable trend reshaping consumer preferences and industry dynamics. The burgeoning popularity of artisanal ice cream can be attributed to its unique characteristics – it offers an array of distinct flavors crafted from natural ingredients and is meticulously hand-crafted, setting it apart from conventional offerings. This shift towards artisanal options is driven by a consumer desire for authenticity, quality, and a heightened awareness of health-conscious choices.

One of the key attributes contributing to the success of artisanal ice cream is its commitment to using natural ingredients while eschewing artificial flavors and additives. This focus on natural ingredients aligns with the growing emphasis on health and wellness among consumers, who are increasingly discerning about the food they consume. By prioritizing natural components, artisanal ice cream manufacturers provide a sense of food safety to a health-conscious consumer base.

Moreover, the artisanal ice cream landscape thrives on the creation of unique and natural flavor combinations that appeal to adventurous palates. Examples such as Humphry Slocombe, a San Francisco-based ice cream company, exemplify this trend by offering unconventional flavors like turmeric-infused honey milk ice cream with chocolate chip gingerbread and candied ginger. This commitment to innovative and distinctive flavors sets artisanal ice cream apart, elevating it beyond the traditional and mundane.

Consumer preferences are evolving from the conventional single-flavor and standard ice cream options such as vanilla, strawberry, and chocolate. Instead, they are seeking out unique flavor blends that push the boundaries of creativity and taste. This shift in preferences has prompted manufacturers across the globe to respond with diverse and inventive offerings, contributing to the global growth of artisanal ice cream.

Cross-category innovation is another strategy employed by manufacturers to captivate consumer interest. This involves blending elements from other food categories, such as confectionery or bakery, into ice cream. An illustrative example is the Breyers 2in1 ice cream by Unilever PLC, which merges different brands within the same frozen dessert product. This cross-category innovation adds an element of surprise and novelty, appealing to consumers who seek a multisensory and immersive culinary experience.

Furthermore, the inclusion of added functional ingredients has become a prominent trend in the artisanal ice cream landscape. Manufacturers are introducing functional elements such as probiotics, proteins, fiber, and even CBD (cannabidiol) to enhance the nutritional profile and appeal of their products. For instance, Van Leeuwen Artisan Ice Cream's Vegan Couch Potato contains approximately 5 milligrams of CBD in each scoop, catering to the growing interest in the wellness benefits associated with CBD consumption. This intersection of indulgence and functionality aligns with the broader trend of consumers seeking not only delicious treats but also products that align with their well-being goals.

The trajectory of increasing sales of artisanal ice cream is poised to drive the growth of the overall global frozen desserts market. As consumers gravitate towards these hand-crafted, natural, and innovative frozen delights, the market is experiencing a renaissance that goes beyond traditional offerings. The shift towards artisanal options underscores a consumer-driven demand for authenticity, uniqueness, and a fusion of flavors that tantalize the taste buds. In the dynamic landscape of frozen desserts, artisanal ice cream stands as a testament to the evolving culinary preferences of a discerning and adventurous consumer base.

Covered Aspects:

Report Attribute/Metric Details

Matcha Products Market Overview


The Matcha Products Market is estimated to be USD 3.90 billion in 2030 and is projected to register a CAGR of 7.50% during the forecast period of 2022 to 2030. Matcha is a fine powder of  processed green tea leaves, specially grown in Japan and China. Matcha is traditionally used in Japanese culture. The matcha is traditionally being used as or in tea; however, recently it is being used in various chocolates, candies, desserts, yogurts or various culinary purposes. It has high antioxidant, vitamin, mineral, and amino acids content than regular black and green tea. The health benefits associated matcha and increasing prevalence of lifestyle diseases have propelled the popularity of match products across the globe. The widening application of matcha has opened new opportunities for matcha producers.  


Segmentation 

 

The matcha products market has been segmented based on grade, application, and region.   By grade, the market has been bifurcated into ceremonial, standard, and culinary.   Based on application, the market has been classified as bakery & confectionery, dairy & frozen desserts, sweet & savory snacks, beverages, and others.   The global  market has been studied with regards to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.   The North American market has further been categorized as the US, Canada, and Mexico. The European market has been divided into Germany, France, Italy, Spain, the UK, and the rest of Europe. The market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The market in the rest of the world has been segmented into South America, the Middle East, and Africa.  

 

Key Players The AOI Tea Company (Canada), Matcha Maiden (Japan), Mizuba Tea Co. (Japan), Kissa Tea GmbH (Austria), AIYA (Japan), Midori Springs Ltd. (Japan), Ippodo Tea Co. (Japan), Andrews & George Co Ltd (Canada), TEAJA Organic (Canada), and ITO EN, LTD (Japan) are some of the key players in the global matcha products industry.  

 

Regional Market Summary Global Matcha Products Market Share (%), by Region, 2021  Type: Secondary Types and MRFR Analysis The market in Asia-Pacific is expected to dominate the market for matcha products during the forecast period. The traditional use of matcha and matcha tea in Japan and China has contributed significantly to the growth of the market in Asia-Pacific. North America is expected to be the fastest growing regional market for matcha products. 

 


By Grade

  • Ceremonial

  • Standard

  • Culinary 


By Application

  • Bakery & Confectionery

  • Dairy & Frozen Desserts

  • Sweet & Savory Snacks

  • Beverages

  • Others


By Region


  • North America

    • US

    • Canada

    • Mexico






  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe






  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific






  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience

  • Matcha Products manufacturers

  • Food Processors

  • Dealers and distributors

  • Raw material suppliers and distributors

  • Traders, exporters, and importers




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