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Emerging Matcha Market Trends: Product Advancements Drive Momentum In The Matcha Market Shaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Matcha Market Size Growth Forecast: What to Expect by 2025?
The size of the matcha market has seen a surge in growth recently. It is projected to grow from a market value of $3.84 billion in 2024 to $4.24 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.3%. This growth during the historical period is due to a rise in awareness and popularity, heightened consumer demand, the availability of less expensive matcha options, increased use in food processing, and a climb in the application within the beverage industry.
How Will the Matcha Market Size Evolve and Grow by 2029?
Predictions indicate a swift expansion for the matcha market in the coming years. The market is poised to escalate to a worth of $6.48 billion by 2029, with a notable compound annual growth rate (CAGR) of 11.2%. This forecasted expansion in the specified period may be credited to worldwide industrialisation, economic growth, a rise in personal care application, growing emphasis on health advantages, and the use of all-natural ingredients. The anticipated trends during this period include the deployment of inventive market strategies, advancements in packaging material innovation, implementation of sustainable and eco-friendly practices, adoption of automation and high-tech processing methods, and the introduction of innovative solutions.
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What Drivers Are Propelling the Growth of Matcha Market Forward?
An upward trend in the demand for food and beverages is predicted to spur the expansion of the matcha market. Substances that are edible and drinkable that give individuals nourishment, sustenance, and satisfaction are referred to as food and beverages. Owing to its unique taste, bright hue, nutritional benefits, and cultural relevance, Matcha has a substantial involvement in food and beverages. Its adaptability enables it to be used in a variety of recipes, suiting diverse palates and preferences while potentially conferring health advantages. For instance, evidenced by a report released by Common Thread Collective, a e-commerce growth firm in the United States, in April 2022, global food and beverages sales hit $435.3 billion in 2021 and rose to $506 billion in 2022. Moreover, the global revenue for food and beverages is projected to touch $857 billion by 2025. As a result, the increasing demand for food and beverages is spurring the expansion of the matcha market.
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Which Emerging Trends Are Transforming the Matcha Market in 2025?
Innovation in product design and development is a prominent trend being witnessed in the matcha market. The primary entities in the matcha market are concentrating on curating innovative offerings to consolidate their standing. For illustration, Aiya Co Ltd., a company in Japan that produces matcha, unveiled a new tea line that is imbued with matcha in January 2022. This line boasts of a batch of organic ceremonial matcha-infused Japanese green teas which are cultivated in Kagoshima, Japan. There are ten pyramid-shaped tea bags in each pack that preserve the fragile leaves for a superior infusion. The collection houses a trio of premium Japanese green teas - organic matcha-infused Gyokuro, organic matcha-infused sencha, and organic matcha-infused Genmaicha, offering a unique and pleasurable tea tasting experience for customers.
What Are the Key Segments in the Matcha Market?
The matcha market covered in this report is segmented -
1) By Product: Regular, Flavored
2) By Form: Powder, Liquid
3) By Grade: Café, Ceremonial, Classic, Culinary
4) By Distribution Channel: Hyper market And Super market, Specialty Retail Stores, Online Retail Stores, Other Distribution Channels
5) By Application: Regular Tea, Matcha Beverages, Food, Personal Care, Other Applications
Subsegments:
1) By Regular: Ceremonial Grade, Culinary Grade, Premium Grade
2) By Flavored: Vanilla Matcha, Chocolate Matcha, Berry Matcha, Spiced Matcha
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Who Are the Key Players Shaping the Matcha Market's Competitive Landscape?
Major companies operating in the matcha market include Nestle S.A., Unilever PLC, Starbucks Corporation, McCormick and Company Inc., ITO EN Ltd., The Hain Celestial Group Inc., Akira Matcha, The Republic of Tea, Clearspring Ltd., The AOI Tea Company LLC, Green Foods Corporation, Marukyu-Koyamaen Co. Ltd., Two Hills Tea, Tea Spot Inc., Foodchem International Corporation, Tenzo Tea Inc., Aiya Co. Ltd., My Matcha Life Products Inc., Encha Ceremonial Grade, Grace Matcha, Matchaful, Breakaway Matcha, Kettl, Matchaeologist, MatchaBar, MatchaKari.
What Geographic Markets Are Powering Growth in the Matcha Market?
Asia-Pacific was the largest region in the matcha market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the matcha market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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