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Written by Mark Smith » Updated on: November 19th, 2024
The latest report published by IMARC Group, titled “Green Tea Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on green tea industry size. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global green tea market size reached US$ 16.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 27.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.
Green tea is a type of tea prepared from the leaves of the Camellia sinensis plant that have undergone minimal oxidation during processing. It has become renowned worldwide for its numerous health benefits and refreshing taste. Compared to black tea, which undergoes full oxidation, green tea leaves are quickly heated after harvesting, preventing oxidation and preserving their natural compounds. This minimal processing helps retain high levels of antioxidants, particularly catechins such as epigallocatechin gallate, which are believed to have various health-promoting properties, including reducing inflammation and aiding in weight loss. Green tea is celebrated for its health benefits and for its diverse flavors, which can range from delicate and grassy to rich and nutty, depending on factors such as growing conditions and processing methods.
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Market Trends:
The global market is primarily driven by the growing awareness of the health benefits associated with green tea consumption. As lifestyles become increasingly hectic, consumers are seeking convenient yet healthy beverage options, and green tea fits the bill perfectly with its easy preparation and versatility. Moreover, the rising prevalence of chronic diseases, such as obesity, diabetes, and heart conditions, has prompted individuals to adopt preventive measures, including dietary changes, further propelling the demand for functional foods and beverages, including green tea. Additionally, the shift towards sustainable and eco-friendly products is influencing consumer preferences, with green tea being perceived as a more environmentally friendly option compared to conventional tea varieties due to its minimal processing and lower carbon footprint. The beverage's association with traditional Asian wellness practices and its cultural significance also adds to its allure, appealing to consumers looking for holistic approaches to well-being.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/green-tea-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Green Tea Market Segmentation:
Our report has categorized the market based on region, type, flavour and distribution channel.
Breakup by Type:
Breakup by Flavour:
Breakup by Distribution Channel:
Breakup by Region:
Key highlights of the report:
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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