Press release
Green Tea Market Vision 2032: Expansion Plans and Investment Priorities
Green Tea Market
Global Green Tea Market size was valued at USD 16.01 Billion in 2023 and is poised to grow from USD 17.33 Billion in 2024 to USD 32.55 Billion by 2032, growing at a CAGR of 8.2% during the forecast period (2025-2032)
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On the contrary, high competition from other beverages, changes in taste preferences, price sensitivity for premium products, and limited availability in some regions are slated to impede the consumption of green tea across the forecast period and beyond.
This Green Tea Market report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future. Production and consumption patterns are being carefully compared to forecast the Green Tea Market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth. The Green Tea Market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. To determine the growth of the Green Tea Market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Market Segmentation:
Form
Tea Bags, Loose Leaves, Loose Powder, Ready-to-drink, Capsules & Tables
Flavor
Flavored, Unflavored
Distribution Channel
Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail
Green Tea Market Key Players:
Pansari Group
Teaflex
Lipton
Associated British Foods plc (London, U.K.)
Unilever plc (London, U.K.)
Tata Consumer Products Limited (Mumbai, India)
The Bigelow Tea Company (Connecticut, U.S.)
East West Tea Company, LLC (Oregon, U.S.)
Numi, Inc. (California, U.S.)
Tazo Tea Company (Washington, U.S.)
Shangri La Tea Company (Nevada, U.S.)
The Republic of Tea, Inc. (California, U.S.)
Keurig Dr. Pepper, Inc. (Texas, U.S.)
Essential regions of the Green Tea market are:
• Green Tea North America Market includes (Canada, Mexico, USA)
• Green Tea Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Green Tea Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Green Tea South America Market includes (Brazil, Argentina)
Green Tea Key Market Trends:
Growth in Consumption of Ready-to-Drink (RTD) Green Tea Beverages: The demand for convenient, on-the-go beverages has led to the growth of ready-to-drink (RTD) green tea. Consumers are increasingly seeking beverages that are healthy, easy to consume, and fit into their busy lifestyles. RTD green tea comes in various flavors, often with added ingredients like honey, lemon, or matcha, making it an appealing option for health-conscious individuals. This green tea market trend is particularly prevalent in developed regions such as Europe and North America.
Demand for Green Tea with Functional Ingredients: Consumers are looking for beverages that not only provide basic hydration but also offer additional health benefits. As a result, green tea brands are innovating by adding functional ingredients such as turmeric, ginger, ginseng, to enhance the health benefits. These functional blends target specific health concerns, including inflammation, digestion, and stress relief, making green tea a more versatile product in the wellness space.
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Green Tea industry.
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Objectives of the Study:
• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market
Looking ahead, the Green Tea Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Green Tea Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.
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