logo
logo
AI Products 

Green Tea Market Competitive Landscape 2024-2033 – Major Players and Strategies

avatar
avish
Green Tea Market Competitive Landscape 2024-2033 – Major Players and Strategies

Overview and Scope

Green tea refers to a type of tea made from the leaves and buds of the Camellia sinensis plant that have not undergone the same withering and oxidation process as oolong and black teas. It has been used traditionally to improve heart health, regulate body temperature and blood sugar, promote digestion, and improve mental processes.

Sizing and Forecast

The green tea market size has grown strongly in recent years. It will grow from $16.14 billion in 2023 to $17.6 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to increased awareness of the health benefits, globalization, high prevalence of lifestyle related health conditions, tea plantation expansions, growing adoption of green tea.

The green tea market size is expected to see strong growth in the next few years. It will grow to $23.65 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to e-commerce growth, consumer preference for sustainability, rising tea tourism, increasing demand from an aging population, supportive government initiatives. Major trends in the forecast period include functional green teas, premiumization, convenience and ready-to-drink, fusion flavors, clean label products.

Order your report now for swift delivery, visit the link:

https://www.thebusinessresearchcompany.com/report/green-tea-global-market-report 

Segmentation & Regional Insights

The green tea market covered in this report is segmented –

1) By Type: Green Tea Bags, Green Tea Instant Mixes, Iced Green Tea, Loose Leaf, Capsules, Other Type

2) By Category: Organic, Conventional

3) By Flavored: Flavored, Unflavored

4) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, Other Distribution Channel

Asia Pacificwas the largest region in the green tea market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the green tea market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=13667&type=smp 

Major Driver Impacting Market Growth

The consumer's shift toward healthy food choices is anticipated to fuel the green tea market. Healthy food choices refer to the selection and consumption of foods that contribute to overall well-being, support good health, and provide essential nutrients needed for optimal bodily functions. Green tea is a beverage or dietary supplement that has the potential to enhance mental alertness, alleviate digestive discomfort and headaches, and aid in weight loss. For instance, in May 2022, according to the International Food Information Council, a US-based non-profit organization supported by the food, beverage, and agricultural industries, around 52% of Americans followed a diet or eating pattern including clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based (12%) in 2022, a significant increase from 39% in 2021. Therefore, the consumer's shift toward healthy food choices is driving the green tea market.

Key Industry Players

Major companies operating in the green tea market report are Unilever Group, Associated British Foods plc, Ito En Ltd., Bombay Burmah Trading Corporation Limited, Kirin Beverage Company, Tata Consumer Product Limited, Twinings, Bigelow Tea, The Bigelow Tea Company, Pukka Herbs, Dilmah Ceylon Tea Company PLC, Yogi Tea, Organic India, Vahdam Teas, Celestial Seasonings, Republic of Tea, Mighty Leaf Tea, Tetley, Shangri-la Tea, Stash Tea

The green tea market report table of contents includes:

1. Executive Summary

2. Green Tea Market Characteristics

3. Green Tea Market Trends And Strategies

4. Green Tea Market - Macro Economic Scenario

5. Global Green Tea Market Size and Growth

.

.

.

32. Global Green Tea Market Competitive Benchmarking

33. Global Green Tea Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Green Tea Market

35. Green Tea Market Future Outlook and Potential Analysis

36. Appendix

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company 

Twitter: https://twitter.com/tbrc_info 

Facebook: https://www.facebook.com/TheBusinessResearchCompany 

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ 

Blog: https://blog.tbrc.info/ 

Healthcare Blog: https://healthcareresearchreports.com/ 

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model 

collect
0
avatar
avish
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more