Report Id: SNS/F&B/2237 | July 2022 | Region: Global | 125 Pages
Report Scope & Overview:
The Matcha Market Size was esteemed at USD 4.10 billion out of 2022 and is supposed to arrive at USD 7.49 billion by 2030, and develop at a CAGR of 7.8% over the forecast period 2023-2030.
Matcha is a fine green powder produced using green tea leaves, which is utilized as a well-being drink and seasoning specialist in various refreshments. A radiant green powder is ready by crushing youthful tea leaves, which are brimming with supplements like nutrients, minerals, and wellbeing gainful polyphenols. The powder is ready by steamed or seared creation innovation, which is utilized for various applications like food, individual consideration, beauty care products, standard tea, and matcha drinks.
Matcha's extraordinary arrangement styles and sweet-smelling claim have been key purposes behind its reception in the food and refreshment enterprises of a few non-local districts and nations. Matcha is produced using conceal ground tea leaves known as tencha, which are crushed into a powder utilizing rock stone factories. Years and years prior, matcha tea was a local drink that a couple of individuals beyond Japan had known about. Notwithstanding, because of the quick development of the food the travel industry, matcha has turned into a perceived type of tea in a few Asian nations.
TATA Consumer Products is fortifying its wellbeing portfolio in the bundled refreshments class to take special care of buyer needs. It has presented two new items - TATA Tea Tulsi Green and TATA Tea Gold Care and reformulated its current Tetley Green Tea with added Vitamin C. These new contributions are created with valuable fixings that are known to assist with working on the body's invulnerability and upgrade generally wellbeing.
The worldwide pervasiveness of constant sicknesses is expanding.
Wide utilization of the application as well as various wellbeing benefits.
The item is fundamentally more costly than its rivals.
Severe development conditions, a superior extraction process, and cautious crushing and handling.
The developing number of wellbeing cognizant clients, joined with client attention to the medical advantages of matcha constituents.
Impact of Covid-19:
The COVID-19 pandemic episode emphatically affects the market. This is because buyers all around the world are searching for well-being and well-being food sources and refreshments, for example, matcha tea, to keep them sound. Accordingly, interest in matcha tea has expanded, decidedly affecting business sector development universally during the worldwide wellbeing emergency.
By Product Type:
Based on item type, the customary fragment represented the most elevated piece of the pie in 2021. Standard or unadulterated matcha tea with practically no mix or extra flavor is uniquely utilized for customary drinking tea or utilized as a fixing in the food administration industry, culinary industry, and corrective industry. Nonetheless, the enhanced section is supposed to observe a huge development during the matcha tea market estimate period.
By structure, in 2021, the powder fragment collected the most elevated share. Be that as it may, the fluid or prepared to-drink section is expected to observe critical development during the gauge time frame.
Based on nature, the regular portion overwhelmed the worldwide matcha tea market in 2021. Be that as it may, the natural section is projected to develop at a prominent rate during the gauge time frame.
By Distribution Channel:
According to the Distribution channel, the grocery store/hypermarket portion enlisted the most elevated matcha tea piece of the pie in 2021. Notwithstanding, the internet-based section is supposed to observe a critical development during the figure time frame.
Key Market Segmentation:
By Product Type:
By Distribution Channel:
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
Based on Geography, The Global Matcha Market is ordered into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific district is supposed to witness the most noteworthy CAGR during the conjecture time frame. This is principal because Matcha's fragrant allure and strange arrangement styles have been significant variables in its prominence in the food and drink ventures of different non-local regions and nations. Matcha tea is a sort of green tea that is made by choosing youthful tea leaves and afterward squashing them into a fine powder.
AOI Tea Company, Ikeda Tea World, Unilever, The Hain Celestial Group Inc., ITO EN Ltd, Encha, Grace & Green, Green Foods, TATA Consumers products Ltd., and Marukyu Koyamaen.
|Market Size in 2022||US$ 4.10 Billion|
|Market Size by 2030||US$ 7.49 Billion|
|CAGR||CAGR 7.8% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Product Type (Regular and Flavored)
• by Form (Powder and Liquid)
• by Nature (Conventional and Organic)
• by Distribution Channel (Supermarket/Hypermarket, Specialty store, Foodservice, Online Store, and Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||AOI Tea Company, Ikeda Tea World, Unilever, The Hain Celestial Group Inc., ITO EN Ltd, Encha, Grace & Green, Green Foods, TATA Consumers products Ltd., and Marukyu Koyamaen.|
|Drivers||•The worldwide pervasiveness of constant sicknesses is expanding.
•Wide utilization of the application as well as various wellbeing benefits.
|Market Opportunities||•Severe development conditions, a superior extraction process, and cautious crushing and handling.|
Frequently Asked Questions (FAQ) :
Ans: The Powder segment is projected to make a foothold in the worldwide Matcha Market.
Ans: Product Type, Form, Nature, and Distribution Channel segments are covered in the Matcha Market.
Ans: The item is fundamentally more costly than its rivals is the restraining factors and challenges faced by the Condensed Milk market.
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: The Global Matcha Market Size was esteemed at USD 3.81 billion out of 2021
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Matcha Market segmentation, by Product Type
9. Global Matcha Market segmentation, by Form
10. Global Matcha Market segmentation, by Nature
11. Global Matcha Market segmentation, by Distribution Channel
11.2 Specialty Store
11.4 Online Store
12. Global Matcha Market, by region/ country
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company profiles
13.1 AOI Tea Company
13.1.2 Products/ Services Offered
13.1.3 Swot Analysis
13.1.4 The SNS View
13.2 Ikeda Tea World
13.4 The Hain Celestial Group Inc.
13.5 ITO EN Ltd
13.7 Grace & Green
13.8 Green Foods
13.9 TATA Consumers products Ltd.
13.10 Marukyu Koyamaen
14. Competitive Landscape
14.1 Competitive Bench Marking
14.2 Market Share Analysis
14.3 Recent Developments
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