2024 Global Green Tea Market Analysis and Forecast

"The Business Research Company a report, titled, 'Green Tea Global Market Report 2024 - By Type (Green Tea Bags, Green Tea Instant Mixes, Iced Green Tea, Loose Leaf, Capsules, Other Type), By Category (Organic, Conventional), By Flavored (Flavored, Unflavored), By Distribution Channel (Supermarkets And Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, Other Distribution Channel) - Market Size, Trends, And Global Forecast 2024-2033Green Tea Global Market Report 2024 - By Type (Green Tea Bags, Green Tea Instant Mixes, Iced Green Tea, Loose Leaf, Capsules, Other Type), By Category (Organic, Conventional), By Flavored (Flavored, Unflavored), By Distribution Channel (Supermarkets And Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, Other Distribution Channel) - Market Size, Trends, And Global Forecast 2024-2033'. According to the report, The green tea market size is expected to see strong growth in the next few years. It will grow to $23.65 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%.

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Report Coverage & Details:

• Forecast Period: 2024-2033
• Base Year: 2023
• Market Size In 2024: $17.6 billion
• Revenue Forecast In 2033: $23.65 billion
• CAGR: 7.7%

Global Green Tea Market: Segmentation

The green tea market covered in this report is segmented -

1) By Type: Green Tea Bags, Green Tea Instant Mixes, Iced Green Tea, Loose Leaf, Capsules, Other Type
2) By Category: Organic, Conventional
3) By Flavored: Flavored, Unflavored
4) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, Other Distribution Channel

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Green Tea Market Report: Growth Drivers
The consumer trend towards healthier food options is expected to stimulate the growth of the green tea market. Healthy food choices involve selecting and consuming foods that promote overall well-being, support good health, and provide essential nutrients for optimal bodily functions. Green tea, a beverage or dietary supplemen*t, has been associated with benefits such as improved mental alertness, reduced digestive discomfort and headaches, and weight loss support. For instance, in May 2022, the International Food Information Council indicated that around 52% of Americans followed a diet or eating pattern emphasizing clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based diets (12%) in 2022, up significantly from 39% in 2021. Thus, the consumer shift towards healthier food choices is driving the green tea market.

Key Developments:

FFP Acquired T-Bev For Expanding Platform Into Nutraceutical Ingredients
In May 2022, Florida Food Products, a US-based innovator, formulator, and producer of natural and clean-label ingredients, acquired T-Bev, Inc., for an undisclosed amount. With this acquisition, T-Bev is expected to expand the Florida Food Products platform into nutraceutical ingredients while strengthening its presence in value-added, natural tea products. T-Bev Inc. is a US-based manufacturer and distributor of natural and organic caffeine and functional botanical extracts, including green tea.

Top Market Leader Included:

Unilever Group, Associated British Foods plc, Ito En Ltd., Bombay Burmah Trading Corporation Limited, Kirin Beverage Company, Tata Consumer Product Limited, Twinings, Bigelow Tea, The Bigelow Tea Company, Pukka Herbs, Dilmah Ceylon Tea Company PLC, Yogi Tea, Organic India, Vahdam Teas, Celestial Seasonings, Republic of Tea, Mighty Leaf Tea, Tetley, Shangri-la Tea, Stash Tea

Green Tea Industry: Regional Landscape

Asia Pacificwas the largest region in the green tea market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the green tea market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the green tea market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

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What Does The Global Green Tea Market Report Include?

1.Introduction
• Overview of the Green Tea Market
• Comprehensive Analysis of Green Tea Market

2. Green Tea Market Drivers and Restraints
• Drivers and Restraints For Historic And Forecast Period

3. Green Tea Market Segmentation
• By Drug Class
• By Indication
• By Distribution Channel

4. Competitive Landscape And Company Profiles In The Green Tea Market
• Overview
• Products and Services
• Strategy

5. Green Tea Market Regional And Country Analysis
• By Region
• By Country

6. Market Trends And Opportunities In Green Tea Market
• Technological Advancements
• Emerging Trends

7. Green Tea Market Future Outlook and Potential Analysis
• Growth Strategies
• New Opportunities

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