Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 2.45 Billion |
| USD 5.33 Billion | |
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Global Matcha Tea Market, By Production Technology (Pan Fried and Steamed), Grade (Ceremonial, Classic and Culinary), Application (Regular Tea, Matcha Beverages, Food, Personal Care and Cosmetics), Form (Powder, Ready to Drink and Instant Premixes), Product Type (Traditional, Unsweetened, Sweetened and Flavoured), Nature (Organic and Conventional), Distribution Channel (Supermarkets, Hypermarkets, Specialty Stores, Online Stores, Retail Stores and Departmental Stores) – Industry Trends and Forecast to 2030.
Industry experts predict that the global sweet and confectionary market will reach a value of USD 255 billion by 2026. Changes in consumers' tastes and preferences have led to the rising number of confectionary product innovations in the market. On the similar lines, global players and producers of sugar decorations and inclusions such as jimmies are making the best of this opportunity to excel in the local as well as international market.
Data Bridge Market Research analyses that the macha tea market, valued at USD 2.45 billion in 2022, will reach USD 5.33 billion by 2030, growing at a CAGR of 10.20% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Production Technology (Pan Fried and Steamed), Grade (Ceremonial, Classic and Culinary), Application (Regular Tea, Matcha Beverages, Food, Personal Care and Cosmetics), Form (Powder, Ready to Drink and Instant Premixes), Product Type (Traditional, Unsweetened, Sweetened and Flavoured), Nature (Organic and Conventional), Distribution Channel (Supermarkets, Hypermarkets, Specialty Stores, Online Stores, Retail Stores and Departmental Stores)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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The AOI Tea Company (U.S.), tenzotea.co (U.S.), Green Foods Corporation (U.S.), Nature's Way (U.S.), Aiya America Inc. (U.S.), DōMatcha (Canada), Vivid Vitality Ltd. (U.K.), Starbucks Coffee Company. (U.S.), Tata Consumer Products Limited (India), Aiya Europe GmbH (Austria), Unilever (U.K.), Marukyu Koyamaen (Japan), Midori Spring Ltd. (Japan), Sasaki Green Tea Company (Japan), IPPODO TEA (Japan), Mizuba Tea Co. (Japan), Sun Time Tea Company (China), and Matcha Maiden (Australia)
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Market Opportunities
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Market Definition
High-quality green tea in the form of powder is called matcha. It has more caffeine and antioxidants than conventional green tea since it is grown and brewed differently. Matcha is rich in antioxidants and has many health advantages, including the ability to lower heart disease risk and promote weight loss, relaxation, and alertness. Additionally, matcha is a great component for the skin. Additionally, antioxidants are believed to lessen acne and improve skin suppleness.
Drivers
Growing consumer awareness for products such as macha tea, that offer a great number of health benefits is a major market growth determinant. Matcha tea is high in antioxidants and essential vitamins that aids in healthy weight managements. Macha tea also contains EGCg, another antioxidant that helps reducing risk of cancer. L-theanine in macha tea improves the memory and boosts the concentration.
The exports and imports of matcha have expanded over the past few years because to its rising popularity. Matcha holds a special place among the numerous types of Japanese tea, and as a result, Japan's exports of green tea have greatly expanded. China, Sri Lanka, India, and the United States are the major matcha importers from Japan. Japan's green tea exports in 2021 were driven by the rising demand for matcha powdered green tea in the US.
Opportunities
A rising number of product innovations coupled with the introduction of new blends and mixes is a lucrative market growth opportunity for the global macha tea market. For instance, in 2019, Nestlé launched KitKat Green Tea and produced it in combination with UTZ certified cocoa beans. This was produced using the green tea imported from Japan and China. In 2019, A. Loacker Spa/AG launched matcha green tea wafers called Tortina Triple Dark which offered higher antioxidants.
Restraints/Challenges
Foods and dietary components could prevent or treat a variety of disorders, but little research and study is being done to pinpoint useful substances and confirm their security and efficacy. Adequate rules are a key component in enabling this study. Major food and beverage companies desire to expand into producing foods that enhance health, but there is little incentive to do so when products can be successfully marketed using just vague references. Consumers can suffer a great deal as a result of this approach. All of this in turn, will challenge the market growth rate.
This macha tea market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the macha tea market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact
The matcha tea market was significantly impacted by the COVID-19 epidemic. The shutdown of production facilities and temporary layoff of supply chain activities created a dent in the supply rate to the consumers. However, growing consumer consciousness towards maintaining health and fitness and rising awareness pertaining to the advantages of macha tea improved the demand during and after the pandemic. Restoration of production and supply chain facilities have resulted in escalating the overall market demand and supply. Growing number of product innovations, offering effective antioxidants and vitamins to consumers will further promote the market demand.
Recent Developments
The macha tea market is segmented on the basis of production technology, grade, application, form, product type, nature, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Production Technology
Grade
Application
Form
Product Type
Nature
Distribution Channel
The macha tea market is analyzed and market size insights and trends are provided by country, production technology, grade, application, form, product type, nature, and distribution channel as referenced above.
The countries covered in the macha tea market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The largest share of the market was in Asia-Pacific. It is projected that high consumption in nations like China and Japan will fuel the rise. Asia-Pacific is home to many major tea growers, and drinking tea is a long-standing custom in both Japan and China.
As a result of rising health consciousness and the availability of a wide range of products, North America is anticipated to grow at the quickest CAGR during the forecast period. It is projected that increased product penetration through grocery chains in China and Japan will further accelerate growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The macha tea market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to macha tea market.
Some of the major players operating in the macha tea market are:
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Matcha Tea Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Matcha Tea Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.