According to the latest report by IMARC Group, titled “Green Tea Market: Global Industry 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 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 market growth. Moreover, the increasing popularity of flavored green teas, such as honey, citrus, floral, and fruity, is creating a positive outlook for the market. Additionally, the rapid expansion of online retail channels is also providing an impetus to market growth.
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Key Market 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
- Unilever
- 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
- Capsules
- Others
Breakup by Flavour:
- Lemon
- Aloe Vera
- Cinnamon
- Vanilla
- Wild Berry
- Jasmin
- Basil
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
- Others
Breakup by Region:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
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
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.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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