A new Report by Delvens, titled "Green Tea Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global Green Tea Market size is projected to reach a CAGR of 7.50% from 2023-2030.
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Green tea is prepared from the Camellia sinensis plant. The leaf buds and dried leaves of these plants are used in the preparation of green tea. It is prepared by pan-frying and steaming these leaves, followed by drying them. Green tea is known to be effective against depression, and various types of cancers such as lung cancer, liver cancer, colon cancer, and gastric cancer, among various health issues. Some scientific studies have also proven that the consumption of green tea helps enhance thinking skills and lower cholesterol as well as triglyceride levels in the body.
Green tea has gained the attraction of Indian consumers over the past few years, mainly due to its health benefits. Regular consumption of green tea boosts the immune system, helps maintain weight within desired limits, reduces physical stress, and keeps check on skin redness.
Regional Analysis
Asia Pacific to Dominate the Market
- The Green Tea Market in Asia Pacific is estimated to expand at a rapid pace during the forecast period. This expansion of the market in the Asia Pacific can be attributed to the high rate of adoption of autonomous forklifts in countries, such as China, which produced a maximum number of vehicles across the globe.
- Development of infrastructure and rapid industrialization coupled with the expansion of construction and transportation industries are likely to boost the Green Tea Market in India and consequently, propel the Green Tea Market in Asia Pacific.
Competitive Landscape
- Celestial Seasonings
- Finlays Beverages Ltd.
- Frontier Natural Products Co-Op.
- Tata Global Beverages
- The Coca-Cola Company
- Unilever
- Cape Natural Tea Products
- Associated British Foods LLC
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Key Findings
- The type segment is further segmented into Green Tea Bags, Green Tea Instant Mixes, Iced Green Tea, Loose Leaf, and Others. The market for the loose-leaf segments is expected to grow at the highest CAGR during the forecast period;
- The flavor segment is bifurcated into Lemon, Aloe Vera, Cinnamon, Vanilla, Basil, and Others. The other segment is expected to register the highest CAGR in the market during 2022–2030.
- The distribution channel segment is further segmented into Supermarkets and Hypermarkets, Convenience Stores, Online, and Others. the supermarkets and hypermarkets segment accounted for the largest share of the market, whereas the other segment is expected to register the fastest CAGR during the forecast period.
Recent Developments
- Keurig Dr. Pepper launched fully recycled plastic bottles for ready-to-eat green tea brands named Snapple and Core.
- Oziva, a leading nutrition brand in India launched Matcha Plus, which is a healthy blend of Japanese Matcha, licorice, activated charcoal, etc.
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In addition to the market data for Green Tea Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.
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