Green Tea Market Overview
The green Tea Market size is estimated to reach $2,651 million by 2026, growing at a CAGR of 5.7% over 2021-2026. The Camellia sinensis plant is used to make green tea containing anthocyanin, phenylpropanoid, tetraterpenoids. These plants' leaf buds and dried leaves are introduced in the manufacture of green tea which is rich in flavanols. Green tea has a high amount of epigallocatechin gallate which has a positive impact on health. These leaves are made by pan-frying and steaming them, then drying them. Green tea has been shown to help with depression, as well as numerous cancers such as lung cancer, liver cancer, colon cancer, and gastric cancer, among other health problems owing to the presence of prebiotics and probiotics. Green tea use has also been shown in several scientific research to assist improve thinking skills and lower cholesterol and triglyceride levels in the body. Green tea has gained popularity among consumers in recent years, owing to its health benefits. Green tea can be used on a regular basis also aids in the reduction of body fat. The worldwide green tea market is being driven by factors such as rising consumer awareness of healthy and safe goods, as well as the benefits of regular green tea intake. Green tea also inhibits the growth of cancer cells, lowers LDL cholesterol, relieves bodily aches and pains, and aids in fat loss. Green tea's attributes will increase demand in the near future.
Report Coverage
The report: “Green Tea Market Forecast (2021-2026)”, by
Industry ARC, covers an in-depth analysis of the following segments of the Green
Tea Market.
By Product Type: Green
Tea Bags, Green Tea Instant Mixes, Iced Green tea, Loose-leaf, and Others.
By Flavor: Flavored Green Tea
and Unflavored Green tea.
By Distribution Channel: Supermarkets/Hypermarkets,
Specialty Stores, Convenience Stores, Online Stores and Others.
By Geography: North America (U.S.,
Canada, Mexico), Europe (U.K, Germany, Italy, France, Spain, Russia, Rest of
Europe), Asia Pacific (China, Australia, Japan, South Korea, India, Rest of
Asia Pacific), South America (Brazil, Argentina, Others) and Rest of the World
(Middle East, Africa).
Key Takeaways
- In 2020, Asia-Pacific dominated the Green Tea Market.
- Increasing consumer awareness of healthy and safe products, as well as an increase in the number of people suffering from obesity, cancer, and other ailments, is boosting demand for green tea in the forecast period of 2021-2026. However, the market's growth is being stifled by changes in climate and the shrinking availability of plantation land in various nations.
- Detailed analysis of the Strength, Weakness,
and Opportunities of the prominent manufacturers operating in the market will
be provided in the Green Tea Market report.
Green Tea Market Size, By Distribution Channel, 2020 (%)
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Green Tea Market Segment Analysis – By Flavor
The Green Tea Market based on flavor can be further segmented into Flavored Green Tea and Unflavored Green tea. In terms of revenue, Flavored Green Tea has the greatest share in 2020. This is primarily owing to the wide range of flavored green teas on the market, which is driving demand based on consumer preferences and taste. Green Tea flavors include lemon, aloe Vera, cinnamon, wild berry, jasmine, basil, and others, which are created in response to market demand. Furthermore, this segment is estimated to register the fastest CAGR of 6.2% for the period 2021-2026, the combination of health and flavor entices customers to buy the product in order to enjoy both the taste and the advantages.
Green Tea Market Segment Analysis – By Distribution Channel
The Green Tea
Market based on distribution channel can be further segmented into Supermarkets/Hypermarkets,
Specialty Store, Convenience Stores, Online Retail and Others. The
supermarkets/hypermarkets segment registers for the highest Green Tea market
share in 2020. This is mainly owing to facts as these stores are incorporated
with numerous alternative flavors and the availability of varieties of Green
Teas and their concentrates from various brands. Furthermore, sales of Green
Teas by hypermarkets is believed to rise effectively as consumers prefer these
retail channels for shopping owing to the in-store promotions by retailers and
price comparisons is anticipated to further expand the consumption rate over
the forecast period 2021-2026.
On the contrary, the online retail segment is forecasted to register the fastest CAGR of 6.7% over 2021-2026. This is mainly owing to the fact that there is an increase in the number of online retail channels, especially in developing economies, which has augmented the penetration of modern grocery retail chains during the COVID-19, further contributing to the sales of Green Tea’s in the upcoming years.
Green Tea Market Segment Analysis – By Geography
Asia Pacific dominated the Green Tea Market with a major
share of 42.4% in 2020 as a result of increased immense potential in the
production from the countries like Hong Kong, Taiwan, Japan, India and China and thus there is growing deam for green tea in Asia Pacific. China being the largest
producer and the consumption trends have gained importance amongst consumers
owing to the health improving nutrition profile that aid to the discretionary
increase in the global sales.
However, North America is poised to be the fastest-growing
region by registering the highest CAGR of 6.4% from 2021 to 2026. This can be attributed to the rapid growth in
the demand of tea in the region followed by the increasing health benefits of
green tea consumption. This is also followed by greater expenditure, and the
expansion of market players in the region's rural sector are all promoting
regional market growth and better R&D to develop new types of Green Teas
enhanced demand for Green Teas is rapidly increasing.
Green Tea Market Drivers
Increasing The Beneficial Health Effects, Is To Augment Development
The
prominent driver leading the Green Tea market during the forecast period 2021-2026
is green tea which has antioxidant and restorative characteristics that help to treat
and prevent diseases such as cancer, diabetes, tooth decay, and heart disease.
The antioxidants in Green Tea help to keep cholesterol and blood pressure
levels in the body in check. It also works as a natural detoxifier and aids in
scar healing, fat loss reduction, and weight maintenance. As a result, demand
for green tea is expected to increase between 2021 and 2026. Moreover, Green
tea consumption on a regular basis aids in weight loss. According to the World
Health Organization (WHO), the overweight population is expected to reach 1.5
billion by 2015, with rising healthcare costs in the United States alone
expected to reach $117 billion; all of this is creating significant
opportunities for weight management products like green tea to grow in
popularity.
Green Tea Market Challenges
Plantation Area Availability Is Diminishing, Limiting Market Growth
During the forecast period
2021-2026, the market's growth is being stifled by changes in climate, the
promotion of generic tea, and the shrinking availability of plantation land are
only a few of the problems that may limit growth between 2020 and 2025.
However, the greater price of Green Tea compared to Black Tea, as well as a
lack of knowledge in developing nations, are expected to limit growth between
2021 and 2026. In the following years, however, the green tea market is likely
to be driven by continued R&D in this industry in order to create new and
creative products. Furthermore, market growth will be boosted by strategic
initiatives adopted by prominent industry players.
Green Tea Market Landscape
Product
launches, mergers and acquisitions, joint ventures and geographical expansions
are key strategies adopted by players in the Green Tea market. In 2020, Green
Tea market share is fragmented by the top ten players present in the market. The
Green Tea market top 10 companies include:
- The Coca-Cola Company
- Tata Global Beverages
- Unilever
- Cape Natural Tea Products
- Celestial Seasonings
- Finlays Beverages Ltd.
- Frontier Natural Products Co-Op.
- Hambleden Herbs
- Hankook Tea
- Honest Tea, Inc.
- ITO EN
Acquisitions/Product Launches
- In October 2020, Keurig Dr. Pepper Inc. launched a recycled plastic bottles for its RTD green tea brands Snapple and Core.
- n December 2019, OZiva launched a new product Matcha Plus, a healthy blend of organic Japanese matcha, activated charcoal and Ginger root.
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LIST OF TABLES
1.Global GREEN TEA MARKET BY TYPE Market 2023-2030 ($M)1.1 FLAVORED GREEN TEA Market 2023-2030 ($M) - Global Industry Research
1.1.1 LEMON Market 2023-2030 ($M)
1.1.2 ALOE VERA Market 2023-2030 ($M)
1.1.3 CINNAMON Market 2023-2030 ($M)
1.1.4 WILD BERRY Market 2023-2030 ($M)
1.1.5 JASMINE Market 2023-2030 ($M)
1.1.6 BASIL Market 2023-2030 ($M)
1.2 UNFLAVORED GREEN TEA Market 2023-2030 ($M) - Global Industry Research
2.Global GREEN TEA MARKET BY FORM Market 2023-2030 ($M)
2.1 GREEN TEA BAGS Market 2023-2030 ($M) - Global Industry Research
2.2 GREEN TEA INSTANT MIXES Market 2023-2030 ($M) - Global Industry Research
2.3 ICED GREEN TEA Market 2023-2030 ($M) - Global Industry Research
2.4 LOOSE LEAF Market 2023-2030 ($M) - Global Industry Research
2.5 CAPSULES Market 2023-2030 ($M) - Global Industry Research
3.Global GREEN TEA MARKET BY DISTRIBUTION CHANNEL Market 2023-2030 ($M)
3.1 SUPERMARKETS/HYPERMARKETS Market 2023-2030 ($M) - Global Industry Research
3.2 CONVENIENCE STORES Market 2023-2030 ($M) - Global Industry Research
3.3 SPECIALIST RETAILERS Market 2023-2030 ($M) - Global Industry Research
3.4 E-COMMERCE Market 2023-2030 ($M) - Global Industry Research
4.Global GREEN TEA MARKET BY TYPE Market 2023-2030 (Volume/Units)
4.1 FLAVORED GREEN TEA Market 2023-2030 (Volume/Units) - Global Industry Research
4.1.1 LEMON Market 2023-2030 (Volume/Units)
4.1.2 ALOE VERA Market 2023-2030 (Volume/Units)
4.1.3 CINNAMON Market 2023-2030 (Volume/Units)
4.1.4 WILD BERRY Market 2023-2030 (Volume/Units)
4.1.5 JASMINE Market 2023-2030 (Volume/Units)
4.1.6 BASIL Market 2023-2030 (Volume/Units)
4.2 UNFLAVORED GREEN TEA Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global GREEN TEA MARKET BY FORM Market 2023-2030 (Volume/Units)
5.1 GREEN TEA BAGS Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 GREEN TEA INSTANT MIXES Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 ICED GREEN TEA Market 2023-2030 (Volume/Units) - Global Industry Research
5.4 LOOSE LEAF Market 2023-2030 (Volume/Units) - Global Industry Research
5.5 CAPSULES Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global GREEN TEA MARKET BY DISTRIBUTION CHANNEL Market 2023-2030 (Volume/Units)
6.1 SUPERMARKETS/HYPERMARKETS Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 CONVENIENCE STORES Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 SPECIALIST RETAILERS Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 E-COMMERCE Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America GREEN TEA MARKET BY TYPE Market 2023-2030 ($M)
7.1 FLAVORED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
7.1.1 LEMON Market 2023-2030 ($M)
7.1.2 ALOE VERA Market 2023-2030 ($M)
7.1.3 CINNAMON Market 2023-2030 ($M)
7.1.4 WILD BERRY Market 2023-2030 ($M)
7.1.5 JASMINE Market 2023-2030 ($M)
7.1.6 BASIL Market 2023-2030 ($M)
7.2 UNFLAVORED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
8.North America GREEN TEA MARKET BY FORM Market 2023-2030 ($M)
8.1 GREEN TEA BAGS Market 2023-2030 ($M) - Regional Industry Research
8.2 GREEN TEA INSTANT MIXES Market 2023-2030 ($M) - Regional Industry Research
8.3 ICED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
8.4 LOOSE LEAF Market 2023-2030 ($M) - Regional Industry Research
8.5 CAPSULES Market 2023-2030 ($M) - Regional Industry Research
9.North America GREEN TEA MARKET BY DISTRIBUTION CHANNEL Market 2023-2030 ($M)
9.1 SUPERMARKETS/HYPERMARKETS Market 2023-2030 ($M) - Regional Industry Research
9.2 CONVENIENCE STORES Market 2023-2030 ($M) - Regional Industry Research
9.3 SPECIALIST RETAILERS Market 2023-2030 ($M) - Regional Industry Research
9.4 E-COMMERCE Market 2023-2030 ($M) - Regional Industry Research
10.South America GREEN TEA MARKET BY TYPE Market 2023-2030 ($M)
10.1 FLAVORED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
10.1.1 LEMON Market 2023-2030 ($M)
10.1.2 ALOE VERA Market 2023-2030 ($M)
10.1.3 CINNAMON Market 2023-2030 ($M)
10.1.4 WILD BERRY Market 2023-2030 ($M)
10.1.5 JASMINE Market 2023-2030 ($M)
10.1.6 BASIL Market 2023-2030 ($M)
10.2 UNFLAVORED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
11.South America GREEN TEA MARKET BY FORM Market 2023-2030 ($M)
11.1 GREEN TEA BAGS Market 2023-2030 ($M) - Regional Industry Research
11.2 GREEN TEA INSTANT MIXES Market 2023-2030 ($M) - Regional Industry Research
11.3 ICED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
11.4 LOOSE LEAF Market 2023-2030 ($M) - Regional Industry Research
11.5 CAPSULES Market 2023-2030 ($M) - Regional Industry Research
12.South America GREEN TEA MARKET BY DISTRIBUTION CHANNEL Market 2023-2030 ($M)
12.1 SUPERMARKETS/HYPERMARKETS Market 2023-2030 ($M) - Regional Industry Research
12.2 CONVENIENCE STORES Market 2023-2030 ($M) - Regional Industry Research
12.3 SPECIALIST RETAILERS Market 2023-2030 ($M) - Regional Industry Research
12.4 E-COMMERCE Market 2023-2030 ($M) - Regional Industry Research
13.Europe GREEN TEA MARKET BY TYPE Market 2023-2030 ($M)
13.1 FLAVORED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
13.1.1 LEMON Market 2023-2030 ($M)
13.1.2 ALOE VERA Market 2023-2030 ($M)
13.1.3 CINNAMON Market 2023-2030 ($M)
13.1.4 WILD BERRY Market 2023-2030 ($M)
13.1.5 JASMINE Market 2023-2030 ($M)
13.1.6 BASIL Market 2023-2030 ($M)
13.2 UNFLAVORED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
14.Europe GREEN TEA MARKET BY FORM Market 2023-2030 ($M)
14.1 GREEN TEA BAGS Market 2023-2030 ($M) - Regional Industry Research
14.2 GREEN TEA INSTANT MIXES Market 2023-2030 ($M) - Regional Industry Research
14.3 ICED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
14.4 LOOSE LEAF Market 2023-2030 ($M) - Regional Industry Research
14.5 CAPSULES Market 2023-2030 ($M) - Regional Industry Research
15.Europe GREEN TEA MARKET BY DISTRIBUTION CHANNEL Market 2023-2030 ($M)
15.1 SUPERMARKETS/HYPERMARKETS Market 2023-2030 ($M) - Regional Industry Research
15.2 CONVENIENCE STORES Market 2023-2030 ($M) - Regional Industry Research
15.3 SPECIALIST RETAILERS Market 2023-2030 ($M) - Regional Industry Research
15.4 E-COMMERCE Market 2023-2030 ($M) - Regional Industry Research
16.APAC GREEN TEA MARKET BY TYPE Market 2023-2030 ($M)
16.1 FLAVORED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
16.1.1 LEMON Market 2023-2030 ($M)
16.1.2 ALOE VERA Market 2023-2030 ($M)
16.1.3 CINNAMON Market 2023-2030 ($M)
16.1.4 WILD BERRY Market 2023-2030 ($M)
16.1.5 JASMINE Market 2023-2030 ($M)
16.1.6 BASIL Market 2023-2030 ($M)
16.2 UNFLAVORED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
17.APAC GREEN TEA MARKET BY FORM Market 2023-2030 ($M)
17.1 GREEN TEA BAGS Market 2023-2030 ($M) - Regional Industry Research
17.2 GREEN TEA INSTANT MIXES Market 2023-2030 ($M) - Regional Industry Research
17.3 ICED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
17.4 LOOSE LEAF Market 2023-2030 ($M) - Regional Industry Research
17.5 CAPSULES Market 2023-2030 ($M) - Regional Industry Research
18.APAC GREEN TEA MARKET BY DISTRIBUTION CHANNEL Market 2023-2030 ($M)
18.1 SUPERMARKETS/HYPERMARKETS Market 2023-2030 ($M) - Regional Industry Research
18.2 CONVENIENCE STORES Market 2023-2030 ($M) - Regional Industry Research
18.3 SPECIALIST RETAILERS Market 2023-2030 ($M) - Regional Industry Research
18.4 E-COMMERCE Market 2023-2030 ($M) - Regional Industry Research
19.MENA GREEN TEA MARKET BY TYPE Market 2023-2030 ($M)
19.1 FLAVORED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
19.1.1 LEMON Market 2023-2030 ($M)
19.1.2 ALOE VERA Market 2023-2030 ($M)
19.1.3 CINNAMON Market 2023-2030 ($M)
19.1.4 WILD BERRY Market 2023-2030 ($M)
19.1.5 JASMINE Market 2023-2030 ($M)
19.1.6 BASIL Market 2023-2030 ($M)
19.2 UNFLAVORED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
20.MENA GREEN TEA MARKET BY FORM Market 2023-2030 ($M)
20.1 GREEN TEA BAGS Market 2023-2030 ($M) - Regional Industry Research
20.2 GREEN TEA INSTANT MIXES Market 2023-2030 ($M) - Regional Industry Research
20.3 ICED GREEN TEA Market 2023-2030 ($M) - Regional Industry Research
20.4 LOOSE LEAF Market 2023-2030 ($M) - Regional Industry Research
20.5 CAPSULES Market 2023-2030 ($M) - Regional Industry Research
21.MENA GREEN TEA MARKET BY DISTRIBUTION CHANNEL Market 2023-2030 ($M)
21.1 SUPERMARKETS/HYPERMARKETS Market 2023-2030 ($M) - Regional Industry Research
21.2 CONVENIENCE STORES Market 2023-2030 ($M) - Regional Industry Research
21.3 SPECIALIST RETAILERS Market 2023-2030 ($M) - Regional Industry Research
21.4 E-COMMERCE Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Green Tea Market Revenue, 2023-2030 ($M)2.Canada Green Tea Market Revenue, 2023-2030 ($M)
3.Mexico Green Tea Market Revenue, 2023-2030 ($M)
4.Brazil Green Tea Market Revenue, 2023-2030 ($M)
5.Argentina Green Tea Market Revenue, 2023-2030 ($M)
6.Peru Green Tea Market Revenue, 2023-2030 ($M)
7.Colombia Green Tea Market Revenue, 2023-2030 ($M)
8.Chile Green Tea Market Revenue, 2023-2030 ($M)
9.Rest of South America Green Tea Market Revenue, 2023-2030 ($M)
10.UK Green Tea Market Revenue, 2023-2030 ($M)
11.Germany Green Tea Market Revenue, 2023-2030 ($M)
12.France Green Tea Market Revenue, 2023-2030 ($M)
13.Italy Green Tea Market Revenue, 2023-2030 ($M)
14.Spain Green Tea Market Revenue, 2023-2030 ($M)
15.Rest of Europe Green Tea Market Revenue, 2023-2030 ($M)
16.China Green Tea Market Revenue, 2023-2030 ($M)
17.India Green Tea Market Revenue, 2023-2030 ($M)
18.Japan Green Tea Market Revenue, 2023-2030 ($M)
19.South Korea Green Tea Market Revenue, 2023-2030 ($M)
20.South Africa Green Tea Market Revenue, 2023-2030 ($M)
21.North America Green Tea By Application
22.South America Green Tea By Application
23.Europe Green Tea By Application
24.APAC Green Tea By Application
25.MENA Green Tea By Application
26.TETLEY GB LTD., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.TATA GLOBAL BEVERAGES, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.AMORE PACIFIC CORP, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.ASSOCIATED BRITISH FOODS LLC., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.NESTLE S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.CELESTIAL SEASONINGS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.CAPE NATURAL TEA PRODUCTS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.FINLAY BEVERAGES LTD., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.HAMBLEDEN HERBS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.HANKOOK TEA, Sales /Revenue, 2015-2018 ($Mn/$Bn)