Press release
Matcha Market 2024 Opportunity, Challenge, Drivers, Restraint, Trend, Demand and Global Business Growth by 2031 |
The Matcha Market is anticipated to reach USD 6.4 billion by 2031 from USD 2.9 billion in 2022, at a CAGR of 10.2% during the forecast period.DataM Intelligence has published a new research report on "Matcha Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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The Matcha market centers around the growing popularity of matcha, a finely ground powder made from specially grown green tea leaves. Originating in Japan, matcha is recognized for its vibrant green color and unique flavor profile. It is rich in antioxidants, vitamins, and minerals, making it a sought-after ingredient in various beverages, food products, and health supplements. The rising consumer awareness of health benefits associated with matcha has significantly contributed to its market growth.
Key Developments:
In March 2023, Kataoka & Co., Ltd. launched Matcha Direct, a new e-commerce platform that allows customers in Japan to order freshly ground matcha directly from a Kyoto tea factory. Known for its high-quality matcha and innovative products, Kataoka aims to enhance the accessibility of its offerings through this platform.
In January 2023, Tenzo, a leading manufacturer of organic ceremonial matcha, introduced its latest product: Single Serve Matcha Packets. This convenient offering features 10 individually wrapped sachets, making it easy for customers to enjoy matcha on the go.
In December 2022, MatchaKo made waves in the beverage industry with the launch of the first ready-to-drink premium matcha drink that is certified organic, Non-GMO Project Verified, and vegan. MatchaKo proudly claims it is the only shelf-stable matcha drink that meets these high standards, utilizing only the finest ceremonial-grade matcha sourced from Japan.
Research Process:
Both primary and secondary data sources have been used in the global Matcha Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
List of the Key Players in the Matcha Market:
Aiyo Co. Ltd., The AOI Tea Company, Ippodo Tea Co., Ltd., Vivid Vitality Ltd., DoMatcha, Encha, TEAJA Organic, ITO EN, LTD., Midori Spring LTD, and Jade Monk LLC.
Segment Covered in the Matcha Market:
By Grade: Ceremonial, Classic, Culinary.
By Application: Regular Tea, Matcha Beverages, Food, Personal Care & Cosmetics.
Regional Analysis:
The global Matcha Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Matcha Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Matcha Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Matcha manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Matcha in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
Q1) How Big is the Matcha Market?
A) The Global Matcha Market reached USD 2.9 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 6.4 billion by 2031.
Q2) Who are the key players of Matcha Market?
A) The major global players are Aiyo Co. Ltd., The AOI Tea Company, Ippodo Tea Co., Ltd, Vivid Vitality Ltd., DoMatcha, Encha, TEAJA Organic, ITO EN, LTD., Midori Spring LTD, and Jade Monk LLC.
Q3) What are the regions covered in this report?
A) The global Matcha Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa
4) What are the Segments Coverd in this report?
A) The Matcha market is segmented as
By Grade: Ceremonial, Classic, Culinary.
By Application: Regular Tea, Matcha Beverages, Food, Personal Care & Cosmetics.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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