The Global Green Tea Market size was valued at USD 11.90 billion by 2019 which is expected to reach at USD 25.66 billion by 2030 at a CAGR 8.3%.
Green tea is made from the leaves of Camellia sinensis, which have not undergone any of the withering & oxidation applied when processing Camellia sinensis as in other types of tea. The leaf buds & dried leaves of these plants are utilized in the preparation of green tea. It is prepared by pan-frying & steaming these leaves. Some of the scientific studies have also proven that the consumption of green tea helps enhance thinking skills as well as lower cholesterol and triglycerides levels in the body. Green tea has gained the popularity of Indian consumers over the past few years, owing to its health benefits. Regular consumption of green tea helps to boost the immune system, reduces physical stress, helps maintain weight within desired limits, and keeps check on skin redness.
The global market is experiencing tremendous growth due the increase in awareness regarding the health benefits of green tea among consumers. Also, the rise in prevalence of lifestyle-related health conditions has fuel the demand for tea as a source of nutrients to delay the occurrence of these types of disorders. The green tea has anti-oxidant property which aids blocking the oxidation of low-density lipoprotein and cholesterol. Thus, the growing prevalence of cardiovascular diseases & obesity cases are expected to increase the consumption of green tea over the forecast period.
Green tea is gaining popularity across the world, due to the increase in health-related issues among the population. In addition to that, due to the increasing costs of healthcare, consumers are inclining towards the green tea. Moreover, the growing demand for functional food & beverages is also propelling the growth of global green tea market. Additionally, continuous research and development activities in this field to launch new & innovative products is anticipated to drive the global green tea market in the upcoming years.
Market Restraints
High cost of green tea is the major restraint which expected to hamper the global green tea market growth over the forecast period. The lack of awareness regarding good farming practices as well as safe use of agrochemicals among farmers generally limit the production of green tea and increases the cost of the product.
Market Segmentation
The Global Green Tea Market is segmented into form such as Powder, Loose Leaf, Tea Bags, and Others, by category such as Organic, and Conventional. Further, market is segmented into distribution channel such as Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Online.
Also, the Global Green Tea Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The Asia Pacific region is expected to hold the largest revenue share in the overall market, due to the increase in consumption of healthy food & beverages among health-conscious people. Also, the North America is anticipated to be the fastest-growing region in the global green tea market, owing to the growing consumer awareness regarding to the benefits associated with green tea is majorly boosting the growth of green tea market in the region. Lower acidity & antioxidant properties of green tea have positive impact on health, which, in turn, is expected to fuel the market growth.
Various key operating players are listed in this report such as Arizona Beverages, The Republic of Tea, Unilever PLC, The Bigelow Tea Company, Numi, Inc., Starbucks Corporation, Mekor Corporation, Koninklijke DSM N.V., Cape Natural Tea Products Pty Ltd, Hankook Tea USA, Celestial Seasonings, etc.
Market Taxonomy
By Form
By Category
By Distribution Channel
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Green Tea Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Green Tea Market, By Form
5.1 Y-o-Y Growth Comparison, By Form
5.2 Global Green Tea Market Share Analysis, By Form
5.3 Global Green Tea Market Size and Forecast, By Form
5.3.1 Powder
5.3.2 Loose Leaf
5.3.3Tea Bags
5.3.4 Others
6 Global Green Tea Market, By Category
6.1 Y-o-Y Growth Comparison, By Category
6.2 Global Green Tea Market Share Analysis, By Category
6.3 Global Green Tea Market Size and Forecast, By Category
6.3.1 Organic
6.3.2Conventional
7 Global Green Tea Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Green Tea Market Share Analysis, By Distribution Channel
7.3 Global Green Tea Market Size and Forecast, By Distribution Channel
7.3.1 Supermarkets/Hypermarkets
7.3.2 Convenience Stores
7.3.3 Specialty Stores
7.3.4 Online
8Global Green Tea Market, By Region
8.1 Global Green Tea Market Share Analysis, By Region
8.2 Global Green Tea Market Share Analysis, By Region
8.3 Global Green Tea Market Size and Forecast, By Region
9 North America Green Tea Market Analysis and Forecast (2017 – 2030)
9.1 Introduction
9.2 North America Green Tea Market Share Analysis, By Form
9.3 North America Green Tea Market Size and Forecast, By Category
9.4 North America Green Tea Market Size and Forecast, By Distribution Channel
9.5 North America Green Tea Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10Europe Green Tea Market Analysis and Forecast (2017 – 2030)
10.1 Introduction
10.2 Europe Green Tea Market Share Analysis, By Form
10.3 Europe Green Tea Market Size and Forecast, By Category
10.4 Europe Green Tea Market Size and Forecast, By Distribution Channel
10.5 Europe Green Tea Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Green Tea Market Analysis and Forecast (2017 – 2030)
11.1 Introduction
11.2 Asia Pacific Green Tea Market Share Analysis, By Form
11.3 Asia Pacific Green Tea Market Size and Forecast, By Category
11.4 Asia Pacific Green Tea Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Green Tea Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Green Tea Market Analysis and Forecast (2017 – 2030)
12.1 Introduction
12.2 Latin America Green Tea Market Share Analysis, By Form
12.3 Latin America Green Tea Market Size and Forecast, By Category
12.4 Latin America Green Tea Market Size and Forecast, By Distribution Channel
12.5 Latin America Green Tea Market Size and Forecast, Country
13Middle East Green Tea Market Analysis and Forecast (2017 – 2030)
13.1 Introduction
13.2 Middle East Green Tea Market Share Analysis, By Form
13.3 Middle East Green Tea Market Size and Forecast, By Category
13.4 Middle East Green Tea Market Size and Forecast, By Distribution Channel
13.5 Middle East Green Tea Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Arizona Beverages
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 The Republic of Tea
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Unilever PLC
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 The Bigelow Tea Company
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Numi, Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Starbucks Corporation
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Mekor Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Koninklijke DSM N.V.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Cape Natural Tea Products Pty Ltd
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Hankook Tea USA
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Celestial Seasonings
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies