Press release
Comprehensive Green Tea Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Which drivers are expected to have the greatest impact on the over the green tea market's growth?The inclination of consumers towards healthier dietary options is projected to stimulate the green tea market. Consuming health-beneficial foods, which promote overall wellness, good health, and provide important nutrients necessary for ideal body processes, is what is meant by healthy food choices. Green tea comes under the category of either a beverage or a dietary supplement* and is capable of improving alertness, reducing digestive issues and headaches, and assisting in weight reduction. To illustrate, reports from the International Food Information Council, a US-based non-profit organization backed by the food, beverage, and agricultural sector, stated that in May 2022, roughly 52% of Americans pursued a diet or eating regimen including clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based (12%). This depicts a substantial rise from 39% in 2021. Therefore, the transition of consumers towards healthier food preferences is propelling the green tea market.
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What is the future CAGR of the green tea market, and how will it impact industry expansion?
The market for green tea has witnessed robust growth in the past years. The industry is forecasted to expand from $15.05 billion in 2024 to $16.01 billion in 2025, experiencing a compound annual growth rate (CAGR) of 6.4%. Factors such as heightened awareness of health advantages, globalization, the rise of lifestyle-related health issues, expansion of tea plantations, and an escalating acceptance of green tea have contributed to the growth seen in the historical period.
The market size for green tea is projected to witness significant growth in the upcoming years, reaching a value of $20.4 billion in 2029 and exhibiting a compound annual growth rate (CAGR) of 6.2%. The expansion anticipated during the forecast period can be ascribed to factors such as the progression of e-commerce, a shift in consumer attitudes towards sustainability, the surge in tea tourism, rising demand from an older demographic, and advantageous governmental initiatives. Important trends anticipated throughout this forecast period entail functional green teas, premiumization, convenience and ready-to-drink options, fusion flavors, and products with clean labels.
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How are the latest trends influencing the growth of the green tea market?
Prominent players in the green tea industry are concentrating on the creation of plant-derived and vegan commodities, including plant-based energy beverages, as they serve as healthier substitutes and aid in profit amplification. A plant-based energy drink is an extract-based beverage that presents an organic and eco-friendly alternative to conventional energy drinks, often incorporating plant extracts and functional components like green tea. To illustrate, Lipton, a consumer goods manufacturer from the Netherlands, rolled out its revamped green tea bags range in May 2024. These redefined blends are engineered to provide a smooth fruit taste while also offering functional advantages from naturally present flavonoids. The initial lineup comprises the brand's iconic blend, decaffeinated green tea, peach-infused green tea, lemon green tea, and honey ginger green tea.
Which key market segments comprise the green tea market and drive its revenue growth?
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: Super markets And Hyper markets, Specialty Stores, Convenience Stores, Online Stores, Other Distribution Channel
Subsegments:
1) By Green Tea Bags: Standard Green Tea Bags, Pyramid Tea Bags
2) By Green Tea Instant Mixes: Powdered Mixes, Ready-To-Drink Formulations
3) By Iced Green Tea: Bottled Iced Green Tea, Brew-At-Home Iced Green Tea
4) By Loose Leaf: Whole Leaf Green Tea, Specialty Blends
5) By Capsules: Green Tea Extract Capsules, Convenient Single-Serving Capsules
6) By Other Types: Matcha Green Tea, Flavored Green Tea Blends
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What regions are at the forefront of green tea market expansion?
Asia Pacificwas the largest region in the green tea market in 2024. 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.
Who are the leading players fueling growth in the green tea market?
Major companies operating in the green tea market report are 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
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What Is Covered In The Green Tea Global Market Report?
• Market Size Forecast: Examine the green tea market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the green tea market for a structured understanding.
• Key Players Overview: Analyze major players in the green tea market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the green tea market.
• Segment Contributions: Evaluate how different segments drive overall growth in the green tea market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the green tea market.
• Industry Challenges: Identify potential risks and obstacles affecting the green tea market.
• Competitive Landscape: Review strategic developments in the green tea market, including expansions, agreements, and new product launches.
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