Green Tea Market to Reach US$ 22.2 Billion by 2028, Bolstered by Rising Health Consciousness Among Masses

According to the latest report by IMARC Group, titled "Green Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global green tea market size reached US$ 15.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 22.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.

Green tea is a beverage item having a slightly bitter taste that is prepared from the unoxidized leaves and buds of the Camellia sinensis plant. Its preparation involves the pan-frying and steaming of the leaves, followed by drying them, that is widely consumed for regulating body temperature, controlling bleeding, healing wounds, easing digestion, and improving heart and mental health. Additionally, the moderate consumption of green tea can also aid in enhancing thinking skills while reducing cholesterol and triglyceride levels in the body. As a result, it is extensively utilized as a raw material in producing numerous types of dietary supplements, beverages, cosmetic products, and dental care items.

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Industry Growth:

The accelerating health consciousness among the masses majorly drives the global market. This can be attributed to the altering lifestyles of consumers and the rising prevalence of various chronic diseases among individuals. Along with this, the increasing consumer inclination towards green tea, due to its several health benefits and the escalating health consciousness among the masses, is also significantly supporting the market. Additionally, the escalating number of research and development (R&D) activities to develop novel green tea varieties, including organic and flavored versions, along with the introduction of innovative packaging for green tea, is creating a positive market outlook. Some other factors driving the market include continual developments in the e-commerce sector and the advent of home delivery models.

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Key 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:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: 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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