openPR Logo
Press release

Green Tea Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

02-19-2024 02:00 PM CET | Food & Beverage

Press release from: Orion Market Research

Green Tea Market Size, Trends, Latest Insights, Analysis

Global green tea market is expected to grow at a CAGR of 6.3% during the forecast period (2024-2031). The market is anticipated to grow due to the increasing preference for green tea among the young population globally. The preference is backed by its health benefits including weight management, improved digestion, and stress relief. It is also found to fight against cancer cells and possesses anti-inflammatory properties. The other health benefits include the reduction of LDL cholesterol and relief from head and body aches. Additionally, the rising preference for functional beverages among millennials is driving market growth, especially in major tea countries such as China and India and has emerged as the fastest-growing segment. Further, the general rise in tea consumption around the globe is contributing considerably to the industry's growth.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/green-tea-market

The market is segmented by form analysis (into tea bags, loose leaves, loose powder, ready-to-drink, capsules & tablets), by flavor analysis (into flavored and unflavored), and by regions (into North America, Europe, Asia-Pacific, and Rest of the World).

Key Highlights of the Global Green Tea Market

• According, to the Food and Agriculture Organization, the global output of green tea is anticipated to increase at the fat rate of 7.5% annually, to reach 3.6 million tons in 2027.

• The global green tea market is anticipated to be driven by China, with the doubling of green tea production to 3.3 million tons in 2027, as against 1.5 million tons in 2015-2017.

• The green tea market has also reported a huge potential in the US. This is attributed to the high consumption of tea, with tea forming the most common beverage after water in almost 80.0% of US households.

A full report of Green Tea Market is available at: https://www.omrglobal.com/industry-reports/green-tea-market

• In 2021, the US witnessed almost 85.0 billion servings of tea. Of this, 15.0% was green tea. Also, the region represented an increased year-on-year growth of green imports by 3.0% in comparison to 2020.

• The US has been the third largest importer of tea after Russia and Pakistan. More than four in five consumers drink tea, with Millennials demonstrating the highest consumption ratio, with more than 87.0% of millennials consuming tea.

• The global green tea industry can be potentially restrained by the high green tea prices the lack of awareness and climate change. However, the market players are making considerable efforts to address the issue through product portfolio expansion and running promotional campaigns and other marketing activities.

• The industry also faces the challenge of climate change. According to the FAO Intergovernmental Group (IGG) report, tea production is highly sensitive to the increasing climate change. Tea is produced on a limited agricultural stretch, which can also be impacted by climate change. Changes in temperature and rainfall patterns, with more floods and droughts, are already affecting yields, tea product quality, and prices, adversely affecting the market.

The leading tea-producing countries include Argentina, China, India, Indonesia, Japan, Kenya, Malawi, Sri Lanka, Tanzania, Taiwan and Vietnam. The major players in the global green tea market include Tetley GB Ltd., Nestle S.A., Tata DSM Nutritional Products, Associated British Foods LLC, Unilever Group, Oregon Chai Inc., Northern Tea Merchants Ltd., AMORE Pacific Corp., and Numi Organic Tea.

Related Report

https://www.somosxbox.com.mx/noticias-urgente/cuota-de-mercado-de-fotosintesis-artificial-tendencias-perspectivas-futuras-analisis-y-pronostico-2023-2029/115249/

https://ekz-crosstour.ch/news/wachstum-analysebericht-anteil-trends-und-ueberblick-des-online-gaming-marktes-im-asiatisch-pazifischen-raum-2023-2029/120841/

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Green Tea Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031 here

News-ID: 3389664 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for Tea

Scented Tea Market Growing Popularity and Emerging Trends | Numi Tea, Ahmad Tea, …
Latest Study on Industrial Growth of Global Scented Tea Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Scented Tea Market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and
Green Tea Market is Booming Worldwide | Longrun Tea, Dayi Tea, Yabukita
Green Tea Market - Global Trends, Insights to 2028 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Green Tea Market - Global Trends, Insights to 2028 Market. Some of the key players profiled in
Green Tea Market Size | Status | Top Players - Longrun Tea, Dayi Tea Group, Chin …
Green Tea Market describes an in-depth evaluation and Covid19 Outbreak study on the present and future state of the Green Tea market across the globe, including valuable facts and figures. Green Tea Market provides information regarding the emerging opportunities in the market & the market drivers, trends & upcoming technologies that will boost these growth trends. The report provides a comprehensive overview including Definitions, Scope, Application, Production and CAGR (%)
Black Tea Market to see Huge Growth by 2026: Barrys Tea, Tea Leaves AUST, TWG Te …
The "Black Tea - Market Development Scenario " Study has been added to HTF MI database. The study envisage qualitative as well as quantitative market data and follows Industry benchmark classification and NAICS standards to built strong players coverage for final study. Some of the major and emerging players identified are Barrys Tea, Tea Leaves AUST Pty Ltd, TWG Tea, Basilur Tea, The Republic of Tea, Yogi Tea, ITO EN
Pu-erh Tea Market, Business Will Grow in 2026, Prominent Players: Zhongcha, Lang …
AMR team is working exclusively on COVID-19 impact on various Pu-erh Tea market. The COVID-19 update is in progress and our research team is doing primary research activity to find out the revised growth curve of across all the industries at country level. Conducting an exclusive study keeping COVID-19 in mind would help client to interpret the economic impact in near-terms of and long term future. AMR research team is
Organic Tea Market Is Booming Worldwide | Bigelow Green Tea, Dilmah Organic Tea, …
HTF MI recently introduced Global Organic Tea Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Bigelow Green Tea, Dilmah Organic Tea, EDEN, Coconut Pouchong Tea, Allegro