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Matcha Tea Market Research Report Information By Application (Regular Tea, Food, Cosmetics, Matcha Beverages, Personal Market), By Form (Ready-To-Drink, Instant Premixes, Powder Form), By Type (Traditional, Sweetened, Unsweetened), By Formulation (Plain, Flavored), By Distribution Channel (Store-Based Distribution Channels And Non-Store-Based Distribution Channels.) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032


ID: MRFR/F-B & N/1757-CR | 129 Pages | Author: Pradeep Nandi| February 2021

Global Matcha Tea Market Overview


Matcha Tea Market Size was valued at USD 3.4 billion in 2023. The matcha tea industry is projected to grow from USD 3.66 Billion in 2024 to USD 6.3 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.00% during the forecast period (2024 - 2032). Increasing consumer awareness and matcha tea import and export are the key market drivers enhancing the market growth.


Matcha Tea Market 1


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Matcha Tea Market Trends



  • Growing health-conscious population fuels market growth.


The increasing health-conscious population is driving the market CAGR for matcha tea. Several countries have recognized lifestyle-related diseases as a major concern, resulting in an increase in consumer health consciousness. Furthermore, increased consumer knowledge of the health benefits of matcha tea boosts demand. Matcha tea stimulates metabolism, detoxifies the body, increases levels of vitamin C, magnesium, and zinc, and lowers cholesterol and blood sugar. Furthermore, an increase in the older population, an increase in life expectancy, and an alarming increase in the frequency of chronic diseases have affected consumer eating patterns. Today's consumers seek beverages that provide them with critical nutrients while also improving their physical and mental wellbeing. As a result, the combination of these factors increases demand for matcha tea and contributes to the growth of the matcha tea.


Additionally, matcha can also be found in a variety of beverages and desserts, such as lattes, frappés, waffles, matcha tea ice cream, cupcakes, cookies, and a variety of other delicacies. However, matcha tea and lattes are in high demand as weight watchers and health-conscious clients reduce their consumption of sweet goodies. Consumers' shifting desire for plant-based, nutritious beverages, as well as the growing impact of social media, where fitness-related items are advertised and pushed ly, all contribute to the matcha tea market's revenue growth.


Segment Insights


Matcha Tea Application Insights


The matcha tea market segmentation, based on application includes regular tea, food, cosmetics, matcha beverages, personal market. In 2022, the regular tea category is predicted to have the largest market share. Matcha tea use is expanding among consumers. Growing consumer health awareness around the world is likely to drive matcha market growth during the forecast period.


Matcha Tea Form Insights


The matcha tea market segmentation, based on form, includes ready-to-drink, instant premixes, powder form. Over the forecast period, the powder form category is expected to account for a significant revenue share. According to multiple studies, various teas have the ability to enhance the immune system, reduce inflammation, and even prevent cancer and heart disease. There is abundant evidence that drinking tea on a daily basis can improve one's health, while some varieties have more health benefits than others. The powdered form of tea is one of the most traditional types of tea, and it provides a variety of health benefits, leading in revenue growth for this category.


Matcha Tea Type Insights


The matcha tea market segmentation, based on type, includes traditional, sweetened, unsweetened. The sweetened category held a significant market share. Sweetened matcha is another simple approach to improve its taste. Non-flavored sweeteners like sugar and agave syrup will preserve matcha's natural flavour, whereas sweets like honey and chocolate will disguise it well. Drinking matcha has numerous health benefits, but going overboard with sweets can sometimes have the opposite impact. If at all feasible, use a natural sweetener or one with as little sugar as possible.


Matcha Tea Formulation Insights


The matcha tea market segmentation, based on formulation, includes plain, flavoured. Flavoured category has the largest market share in 2022. This is primarily due to the wide variety of flavoured teas on the market, which is driving demand based on consumer preferences and taste. Lemon, aloe Vera, cinnamon, wild berry, jasmine, basil, and more flavours are created in response to market demand. Furthermore, this market is expected to grow at the quickest rate of 6.2% between 2022 and 2032, as the combination of health and flavour entices buyers to acquire the product in order to experience both the taste and the benefits.


Figure1: Matcha Tea Market, by Formulation, 2022&2032 (USD billion)


Matcha Tea Market, by Formulation, 2022&2032 (USD billion)


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Matcha Tea Distribution Channel Insights


The matcha tea market segmentation, based on distribution channel, includes store-based distribution channels, non-store-based distribution channels. The market was dominated by store-based distribution channels. Store-based distribution channels are further classified as specialized stores and hypermarkets/supermarkets. Supermarkets/Hypermarkets are expected to create a greater proportion of USD 1,735 million, with a GAGR of 6.4%. Hypermarkets and supermarkets are becoming more popular as a result of their large assortment of consumer goods under one roof, ample parking space, and convenient business hours.


Matcha Tea Regional Insights


By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. Asia Pacific dominated the matcha tea market with a substantial share of 42.4% in 2022 as a consequence of expanded vast potential in production from nations such as Hong Kong, Taiwan, Japan, India, and China, and thus there is growing demand for matcha tea in Asia Pacific.


Further, the major countries studiedin the market reportare The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure2: MATCHA TEA MARKET SHARE BY REGION 2022 (%)


MATCHA TEA MARKET SHARE BY REGION 2022 (%)


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Europe’s matcha tea market accounts for the second-largest market share due to rising demand for fortified, nutrient-dense beverages. Further, the German matcha tea held the largest market share, and the UK matcha tea industry was the fastest-growing market in the European region.


The North America Matcha Tea Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the increased prevalence of diabetes and obesity prompting consumers to focus more on healthy living, which is driving up demand for organic and healthy ingredients. Moreover, China’s matcha tea held the largest market share, and the Indian matcha tea industry was the fastest-growing market in the North American region.


Matcha Tea Key Market Players& Competitive Insights


Leading market players are investing heavily in R&D to expand their product lines, which will help the matcha tea market grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, matcha tea industry must offer cost-effective items.


Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the matcha tea industry to benefit clients and increase the market sector. In recent years, the matcha tea industry has offered some of the most significant advantages to medicine. Major players in the matcha tea market, including The Unilever Group (U.K.), AOI Tea Company (U.S.), Aiya Co. Ltd. (Japan), ITO EN LTD (Japan), Marukyu Koyamaen Co. Ltd. (Japan) and others, are attempting to increase market demand by investing in R&D operations.


Keurig Dr Pepper Inc. is a publicly traded American beverage and coffeemaker corporation headquartered in Burlington, Massachusetts. It was originally known as Green Mountain Coffee Roasters (1981-2014) and Keurig Green Mountain (2014-2018). Keurig Dr Pepper, formed in July 2018 by the merging of Keurig Green Mountain and Dr Pepper Snapple Group, offers over 125 hot and cold beverages. Keurig Dr Pepper Canada is the company's Canadian subsidiary. In October 2020, Keurig Dr. Pepper Inc. has introduced recycled plastic bottles for its Snapple and Core RTD matcha tea brands.


Nestlé S.A. is a Swiss multinational food and beverage industry firm based in Vevey, Vaud, Switzerland. Since 2014, it has become the world's largest publicly traded food firm in terms of revenue and other measures. It was placed No. 64 on the Fortune 500 in 2017 and No. 33 on the Forbes 2000 list of the world's largest public corporations in 2016. Nestlé's products include baby food (some of which contain oligosaccharides derived from human milk), medical food, bottled water, breakfast cereals, coffee and tea, confectionery, dairy products, ice cream, frozen food, pet meals, and snacks. Nestlé's brands with annual sales of over 1 billion CHF (about US$1.1 billion) include Nespresso, Nescafé, Kit Kat, Smarties, Nesquik, Stouffer's, Vittel, and Maggi. In February 2019, In Europe, Nestlé introduced KitKat Green Tea Matcha. The product is created by combining UTZ certified cocoa beans with matcha tea from China and Japan.


Key Companies in the matcha tea market include



  • Nestle SA (Switzerland)

  • Tata Beverages Ltd. (India)

  • The Unilever Group (U.K.)

  • AOl Tea Company (U.S.)

  • Aiya Co. Ltd. (Japan)

  • ITO EN LTD (Japan)

  • Marukyu Koyamaen Co. Ltd. (Japan)


Matcha Tea Industry Developments


March 2024- India's most trusted FMCG brand, Pansari Group, is now ready to blaze the audience with its launch of TVOY GREEN TEA at AAHAR 2024. Lately, the company introduced its new tea range, Pansari Chai, which comes in four distinct flavors, each of which provides an intense tea-drinking experience. After getting a massive response from their customers for Pansari Chai, the team thought of bringing their green tea range to the market as well. 
The company is now ready to enter the world of excellent green tea sourced from the prestigious Nilgiris in Tamil Nadu, South India. The TVOY GREEN TEA is expanded in one of the top-tier tea estates, situated at an altitude of 1900 meters above MSL. Set by crystal-clear streams and natural forests, this eco-friendly sanctuary offers the ideal setting for responsible tea farming. The director of Pansari Group, Shammi Agarwal, shows his pursuit of the launch by mentioning that the launch of TVOY GREEN TEA is not just about introducing a product but about supporting a lifestyle. In a time when health awareness is on the ascent, TVOY provides a mix of wellness and culture. 

The distinct flavors of these products include Classic green tea, Kahwa green tea, and chamomile. At present, no leading players are in the green tea market. Hence, the brand thinks it is high time it entered the market. Everyone is quite excited about the journey ahead and believes that TVOY GREEN TEA will become an indication of health and indulgence for our consumers. In addition, Pansari's products are ISO 9001 2008 certified, HACCP 2006 certified, and Fair Trade Certified by the Fair Trade Labeling Organization.


In March 2023, Tenzo Tea, a luxury line of matcha tea, will be partnering with boutique tequila brand Lo Siento to create three exclusive match-infused cocktails. In this alliance, both brands are committed to providing exceptional quality and pioneering taste experiences.

 In November 2023, Hojicha Co., responding to client requests for reliable brands of matcha online, partnered with Marukyu Koyamaen to provide genuine Uji matcha on their website. The partnership will make available different customer preferences ranging from ceremonial occasion cocktails like ‘Match Yugen’ or ‘Match Isuzu Latte’ lattes, etc.


February 2022, Nestlé Health Science acquired a stake in Orgain. Nestlé Health Science's nutrition products would complement the company's existing product line as a result of this agreement.


January 2022, Aiya America's newest product line is the Matcha Infused Tea Line. Three superb Japanese matcha teas in the collection are Organic Matcha Infused Sencha, Organic Matcha Infused Gyokuro, and Organic Matcha Infused Genmaicha.


Matcha Tea Market Segmentation


Matcha Tea By Application Outlook



  • Regular Tea

  • Food

  • Cosmetics

  • Matcha Beverages

  • Personal Market


Matcha Tea By Form Outlook



  • Ready-To-Drink

  • Instant Premixes

  • Powder Form


Matcha Tea By Type Outlook



  • Traditional

  • Sweetened

  • Unsweetened


Matcha Tea By Formulation Outlook



  • Plain

  • Flavored


 Matcha Tea By Distribution Channel Outlook



  • Store-Based Distribution Channels

  • Non-Store-Based Distribution Channels


Matcha Tea Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe





  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific





  • Rest of the World

    • Middle East

    • Africa

    • Latin America






Report Attribute/Metric Details
Market Size 2023 USD 3.4 billion
Market Size 2024 USD 3.66 billion
Market Size 2032 USD 6.3 billion
Compound Annual Growth Rate (CAGR) 7.00% (2024-2032)
Base Year 2023
Market Forecast Period 2024-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Application, Form, Type, Formulation, Distribution Channel, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Nestle SA (Switzerland), Tata 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 Growing concern about health consciousness.
Key Market Dynamics Because of the numerous health benefits connected with the use of matcha tea.


Frequently Asked Questions (FAQ) :

The matcha tea market size was valued at USD 3.4 Billion in 2023.

The market is projected to grow at a CAGR of 7.00% during the forecast period, 2024-2032.

Asia Pacific had the largest share of the market.

The key players in the market are The Unilever Group (U.K.), AOI Tea Company (U.S.), Aiya Co. Ltd. (Japan), ITO EN LTD (Japan), Marukyu Koyamaen Co. Ltd. (Japan).

The powder form category dominated the market in 2023.

The store-based distribution channel had the largest share in the market.

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