The Green Tea Market was estimated at USD 15.7 Billion in 2021, and is projected to reach USD 23.76 Billion by 2028, growing at a CAGR of 6.1% over the analysis period.
The Green Tea Market was estimated at USD 15.7 Billion in 2021, and is projected to reach USD 23.76 Billion by 2028, growing at a CAGR of 6.1% over the analysis period.
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Key Players Covered In The Green Tea Market Are:
Arizona Beverage Company(U.S),Associated British Foods LLC (UK),Tata Global Beverages (India),Unilever (UK),Cape Natural Tea Products (South Africa),Celestial Seasonings (US),Finlays Beverages Ltd (US),Frontier Natural Products Co-Op (US),Hambleden Herbs(Cambridgeshire),Hankook Tea (USA),Honest Tea, Inc (US),Kirin Beverage Corp (Tokyo),Metropolitan Tea Company (Ontario),Northern Tea Merchants Ltd (UK),Numi Organic Tea (US), and other major players.
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Green tea is a pale green beverage or dietary supplement made from the unoxidized leaves of Camellia sinensis and has a slightly bitter taste. Green tea is a type of tea that is least processed and is employed as a medicine in India and China for easing digestion, improving heart and mental health, regulating body temperature, healing wounds as well as controlling bleeding problems. Green tea is also used as a raw material in the production of dietary supplements, cosmetic products, beverages, and dental care items widely.
Market Segmentation
By Type, Green Tea has been segmented into:
By Form, Green Tea has been segmented into:
By Distribution Channel, Green Tea has been segmented into
Global Green Tea Segmented By Region:
· North America (U.S., Canada, Mexico)
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Covid-19 Impact Analysis On Green Tea Market:
The Covid-19 pandemic had adverse effects on the tea-producing nations at the initial stage. Tea growing and production provide livelihoods for more than 80 million people worldwide, and thus the sudden emergence of the virus heavily impacted the developed and developing nations worldwide. In this regard, tea products were like many other labor-intensive industries but suffered a cruel and unique blow based on timing alone. Green tea is one of the most widely consumed beverages in the world, particularly in Asian countries where the mortality and morbidity of COVID-19 are relatively low. However, in the later half of the pandemic situation, the population across the world began consuming green tea at a relatively higher rate owing to its several health benefits.
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Sep 25, 2023
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