Global Green Tea Market Size, Share, Segmentation, Features Category & Forecast to 2019-2024 | IMARC Group
According to the latest report by IMARC Group titled, “Green Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024, the market reached a value of US$ 17.4 Billion in 2018. Looking forward, the global green tea market is projected to reach a value of US$ 25.2 Billion by 2024, exhibiting a CAGR of around 6% during 2019-2024.
Green tea is a pale green drink made from the unoxidized leaves of Camllia Sinesis. Originated in China and Japan, brewed green tea exhibits different flavor profiles ranging from sweet and seaweed-like to grass-like and toasted. It contains polyphenols, caffeine and antioxidants as well as other beneficial compounds such as EGCG, epicatechin-3-gallate, epicatechin and epigallocatechin. Owing to this, green tea is said to help in losing weight, curing digestive problems, regulating body’s temperature, and improving cardiac and mental health. Additionally, it helps in reducing the risk of several cancers such as skin cancer, breast cancer, prostate cancer, liver cancer and gastric cancer.
Owing to a rise in health concerns, consumers are adopting healthy lifestyles which is providing strong support to the consumption of green tea across the globe. In addition, on account of numerous health benefits of green tea, doctors have started recommending it to patients suffering from obesity and cardiovascular diseases. Moreover, different products such as chocolates, cosmetics, beverages and confectionary items are being infused with green tea which is further driving its demand on a global level.
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Market Segmentation:
Breakup by Type:
- Green Tea Bags
- Green Tea Instant Mixes
- Iced Green Tea
- Loose Leaf
- Capsules
- Others
- Lemon
- Aloe Vera
- Cinnamon
- Vanilla
- Wild Berry
- Jasmin
- Basil
- Others
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online
- Others
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
The report has also examined the competitive landscape of global green tea market.
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Competitive Structure
- Profiles of Key Players
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