Global Matcha Market Valued at USD 3.4 Billion in 2022, Expected to Grow at a CAGR of 12.4% from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Matcha market size accounted for USD 3.4 Billion in 2022, growing at a CAGR of 12.4% from 2023 to 2033. The matcha market refers to the market for matcha, a finely ground powdered green tea that is traditionally consumed in East Asia, particularly in Japan. Matcha has gained popularity worldwide due to its unique flavor, health benefits, and versatility in various culinary applications. Matcha is known for its potential health benefits, which include high levels of antioxidants, vitamins, minerals, and amino acids. It is believed to promote relaxation, boost metabolism, enhance focus and concentration, and support overall well-being. As consumers prioritize health and wellness, the demand for matcha as a healthy beverage option has grown.
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Key Highlights:
• The global Matcha Market size was valued at USD 3.4 billion in 2022 growing at a CAGR of 12.4% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Matcha Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Matcha market report also includes the following data points:
• COVID19 Impact on Matcha market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Matcha market
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Key Players
Some of the major Matcha players holding high market share include Matcha Maiden, Kissa Tea, Mizuba Tea, and Midori Spring. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Matcha Maiden
• Kissa Tea
• Mizuba Tea
• Midori Spring
• AOI Tea Company
• AIYA America
• Encha
• Ippodo Tea Co., Ltd
• DoMatcha
• UNILEVER PLC.
Segmental Analysis
Market Segment By Grade with focus on market share, consumption trend, and growth rate of Matcha Market:
o Classic
o Ceremonial
o Culinary
Market Segment By application with a focus on market share, consumption trend, and growth rate of the Matcha Market:
o Regular Tea
o Matcha Beverages
o Food
o Personal Care and Cosmetics
Parameters Details
Market Size (2022) $ 3.4 Billion
CAGR (2023 to 2033) 12.4%
Market Segmentation Type, Application
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Matcha Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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