Global Green Tea Market Anticipated to Expand at a CAGR of 7.5% During 2016-2024 To Reach USD 50.0 Billion by 2024

According to Goldstein Research, global green tea market is expected to reach USD 50 billion by 2024, growing at a CAGR of 7.5% over the forecast period 2016-2024. Global green tea production in 2016 was estimated at nearly 1.7 million metric ton, which is expected to reach over 3.5 million metric tons by 20024. Global green tea market segmentation has been done on the basis of product type, packaging, distribution channel and geography. Medicinal aspects of green tea are fuelling the demand of green tea throughout the world. Moreover, introduction of innovative flavored products is likely to increase the consumption rate of green tea in near future.

Global green tea industry is largely dominated by Asia-Pacific and accounted for nearly 62% revenue share of global green tea market in 2016. Europe is expected to witness healthy growth for green tea market, owing to the increasing health awareness among consumers and shifting towards healthy life style.

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Market Segmentation

On the basis of our in-depth analysis, Global Green Tea Market can be segmented as follows:

Based on Product Type

o Flavored
o Lemon
o Cinnamon
o Basil
o Others (Jasmine, Vanilla)
o Unflavored

Based on Packaging

o Loose Leaf
o Tea Bags

Based on Distribution Channel

o Online
o Offline (Super market, Tea Shops)

By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Green Tea Market Outlook 2024” contains detailed overview of the global green tea market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, packaging and distribution channel.

Further, for the in-depth analysis, Global Green Tea Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Tetley GB Ltd, Tata Global Beverage, Associated British Foods LLC., Nestle S.A., etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global green tea market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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