The Matcha Tea Market is expected to grow at a high CAGR of 7.88% with a size value of approximately USD 5.23 billion by the end of the forecasted period of 2022–2030.
The Matcha Tea Market is expected to grow at a high CAGR of 7.88% in the global market to account for a higher market share value of approximately USD 5.23 billion by the end of the forecasted period 2022-2030.The shade-grown premium-quality tea leaves which are an integral part of Japanese culture mostly available in green-colored powder and vibrant form are commonly known as matcha tea. It is high consumed by the Japanese population and samurai warriors of China. This matcha tea is becoming more popular as it contains a high amount of minerals, amino acids, magnesium, chromium, zinc, selenium, antioxidants, and vitamins which boost the sales of the matcha tea market in the global market. Those who drink matcha tea on daily basis get higher protection from UV rays as it contains a high amount of anti-oxidants properties. Matcha tea also helps in reducing the cholesterol level in the blood and hence preferred by many doctors to heart patients which boosts the growth of the matcha tea market.
COVID 19 Analysis
The global pandemic of COVID 19 has affected the normal life of people adversely. The growing outbreak of COVID 19 has pushed the economies into forced recession and with this situation now, one has to deal with financial crises along with health issues. The lockdown situation and post lockdown situation have to lead to a steep downfall in the matcha tea market as most of the manufacturing units of the matcha tea market were shut down which also resulted in decreased profit margins.
Value Chain Analysis
The matcha tea market is growing at an alarming rate in the global market and owing to various benefits associated with the consumption of market adds value to society. It helps in dealing with various health issues and also helps in reducing weight. It helps in boosting memory, concentration, and the immune system. It also increases the energy level in the body to endure heavy work out.
The market has been divided based on the application, form, type formulation, and distribution channels.
Based on the Application
Based on the Form
Based on the Type
Based on the Formulation
Based on the Distribution Channels
The matcha tea market in the global market has been divided based on the regions into European region, Asia-Pacific region, North American region, Latin American region, Middle East region, and the rest of the world. The largest market share in the market is held by the Asia-Pacific region, and hence it dominates this market and it is expected that it will sustain its position by growing at a high CAGR of approximately 9.69% during the forecasted period.
The second-largest market share in this market is held by the European region as this is the fastest-growing region in the matcha tea market, and it is expected to grow at a CAGR of 10% during the forecasted period. The third-largest market share in the matcha tea market is held by the Latin American region. This is because of the increasing growth opportunities and health awareness in the region followed by the North American region and Middle East region respectively.
The most prominent major key players in the matcha tea market in the global market are as follows:
These most prominent major key players in the matcha tea market in the global market uses various strategic policies to attract more customer base from the potential market in the global market by doing innovation in the development of a new product, collaboration, merger, and acquisition, partnership, joint ventures, development of new production process, expansion of business in the international market to capture the global market.
The global matcha tea market research report consists of the following elements:
The global matcha tea market research report consists of various factors that drive the market along with the factors that hamper the growth of the market. This research report also contains various growth opportunities available during the forecasted period. The impact of the global pandemic of COVID 19 on this market is mentioned. The future growth rate of the market is also estimated and mentioned.
Matcha tea manufacturers, raw material suppliers, end users (food industry), retailers and wholesalers, e-commerce companies, traders, importers, exporters, and many others.
|Market Size||USD 5.23 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Application, By Form, By Type, By Distribution Channels, By Region|
|Geographies Covered||North America, Europe, Asia-Pacific, and the Rest of the World (RoW)|
|Key Vendors||Nestle SA (Switzerland), Tata Global Beverages Ltd. (India), The Unilever Group (U.K.), AOI Tea Company (U.S.), Aiya Co. Ltd. (Japan), ITO EN LTD (Japan), Marukyu Koyamaen Co. Ltd. (Japan)|
|Key Market Opportunities||Increasing concern about health awareness|
|Key Market Drivers||Owing to various health benefits associated with consuming matcha tea|
The matcha tea market is expected to grow at a high CAGR of 7.88% in the global market during the forecasted period.
The matcha tea market is expected to account for a higher market value of approximately USD 5.23 billion in the global market by the end of the forecasted period.
Nestle SA (Switzerland), Tata Global Beverages Ltd. (India), The Unilever Group (U.K.), AOI Tea Company (U.S.), Aiya Co. Ltd. (Japan), ITO EN LTD (Japan), Marukyu Koyamaen Co. Ltd. (Japan)
The largest market share in the matcha tea market is held by the Asia-Pacific region in the global market.