According to the report published by Zion Market Research, global Green Tea market was valued at approximately USD 15,550 million in 2019, and is expected to generate revenue of around USD 26,700 million by end of 2026, growing at a CAGR of around 8.1% between 2020 and 2026.
According to the report published by Zion Market Research, global Green Tea market was valued at approximately USD 15,550 million in 2019, and is expected to generate revenue of around USD 26,700 million by end of 2026, growing at a CAGR of around 8.1% between 2020 and 2026.
Global Green Tea Market: Overview
Green tea is a type of tea that is made from the leaves of Camellia sinensis, which have not undergone any of the withering and oxidation applied when processing Camellia sinensis as in other types of tea. Although green tea is originated in China, its production has proliferated to many countries in Asia. Green tea can be classified into various types based on different factors such as the variety of the tea plant, growing conditions, production processing, horticulture, and time of harvest. Some of the Japanese green teas are sencha, gyokuro, kabusecha, matcha, tencha, genmaicha, and hojicha.
Global Green Tea Market: Growth Factors
Owing to its properties such as health benefits provided to the consumers, green tea is witnessing high demand globally. Also, regular intake of green tea helps in reducing the overweight of body. Factors such as growing consumer awareness for healthy and safe products, the increasing number of people suffering from obesity, cancer digestive disorders, and many more diseases, and advantages by the regular consumption of green tea are acting as growth driving factors of the global green tea market. Green tea also reduces the effect of cancer cells, LDL cholesterol, cures body and headaches, and helps in fat reduction. These properties of green tea will spur the demand in the near future.
Global Green Tea Market: Segmentation
The global green tea market is segmented on the basis of type, flavors, and by region. On the basis of type, the global green tea market is segmented as green tea bags, green tea instant mixes, iced green tea, and other types. Based on the flavors, the market is segmented as lemon, cinnamon, aloe vera, vanilla, basil, jasmin, wild berry, and others. Geographically, the global green tea market is segmented as North America, Asia-Pacific, Europe, and Rest of the World (RoW).
Global Green Tea Market: Regional Analysis
Asia Pacific is considered to represent the largest market for green tea. Also, China is the biggest producer and exporter of green tea. Countries such as China, Middle East, Hong Kong, Taiwan, and Japan are the major markets for green tea in Asia Pacific. Furthermore, Europe is anticipated to the fastest growing market for green tea due to rising health awareness among consumers.
Global Green Tea Market: Competitive Players
Some of the major companies dominating the global green tea market are Arizona Beverage Company, AMORE Pacific Corp., Associated British Foods LLC, Celestial Seasonings, Cape Natural Tea Products, Finlays Beverages Ltd., Hambleden Herbs, Hankook Tea, Frontier Natural Products Co-Op., Honest Tea, Inc., Kirin Beverage Corp., ITO EN, Metropolitan Tea Company, Numi Organic Tea, Northern Tea Merchants Ltd., and Oishi Group Plc. Othe key players influencing the global market are Oregon Chai Inc., Pukka Herbs Ltd., PG Tips, Qi Teas, The Republic Of Tea, The Kent Tea & Trading Company, The Stash Tea Company, Yogi Tea, and Uncle Lee’s Tea, Inc.
Green Tea Market: Regional Segment Analysis
In recent years, health awareness among consumers has increased owing to rising prevalence of obesity, digestive disorders, diabetes, etc. Consumers are willing to spend more on healthy lifestyle, which has driven the consumption of green tea, as it helps in preventing cardiovascular diseases, high cholesterol levels, overweight.
According to the report published by Zion Market Research, global Green Tea market was valued at approximately USD 15,550 million in 2019, and is expected to generate revenue of around USD 26,700 million by end of 2026, growing at a CAGR of around 8.1% between 2020 and 2026.
The Asia-Pacific Green Tea market held a major share in the global Green Tea market in 2019 and is expected to maintain the market dominance in years ahead, mainly due to increasing population in countries such as India and China as well as growing consumer awareness among middle income families.
Some main participants of the Green Tea market are Arizona Beverage Company, AMORE Pacific Corp., Associated British Foods LLC, Celestial Seasonings, Cape Natural Tea Products, Finlays Beverages Ltd., Hambleden Herbs, Hankook Tea, Frontier Natural Products Co-Op., Honest Tea, Inc., Kirin Beverage Corp., ITO EN, Metropolitan Tea Company, Numi Organic Tea, Northern Tea Merchants Ltd., and Oishi Group Plc.
Corporate Office
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Asia Pacific Office
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No 020-46277770
Contact #
US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.