Matcha Market size was valued at US$ 3.50 Bn in 2022 and the total revenue is expected to grow at 8.1 % through 2023 to 2029, reaching nearly US$ 6.04 Bn.
Market Overview:
The research study on the Matcha market endeavors to furnish contemporary market insights, facilitating prudent investment decisions for stakeholders. It offers a comprehensive analysis of the worldwide Matcha market, encompassing Product Types, End Users/Applications, Key Manufacturers, and Multiple Key Regions.
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Scope of the Market:
The research report delves into growth prospects, limitations, and market assessments. Employing Porter’s five forces analysis, it evaluates the impact of various factors on market trends, including supplier bargaining power, competitive rivalry among industry players, the threat of substitutes, buyer power, and more.
Drivers:
Matcha market expansion is anticipated during the projected period as a result of rising consumption rates and increased consumer awareness of the health advantages of nutrient-dense foods and drinks. The global consumer desire for products high in antioxidant and vitamin content is fueling the expansion of the matcha market. Due to matcha’s distinctive flavor, texture, and nutritional advantages, the global matcha market is expanding rapidly. Due to its exceptional adaptability to be used in a variety of bread, dairy, and beverage applications, the matcha market is anticipated to flourish throughout the projected period.
Segmentation:
by Grade
Ceremonial
Classic
Culinary
by Application
Regular Tea
Matcha Beverages
Food
Personal Care and Cosmetic
by Production Technology
Pan Fried
Steamed
Key Players:
The prominent players in this sector comprise:
1. Kissa Tea
2. AOI Tea
3. AIYA America
4. Midori Spring
5. Sun Time
6. Mizuba Tea
7. Ippodo Tea
8. DoMatcha
9. Encha
10. Jade Monk LLC.
11. ITO EN, LTD.
12. TEAJA Organic
13. Vivid Vitality Ltd.
14. Marushichi Seicha
15. Shaoxing Royal Tea
16. Marukyu Koyamaen
17. Nestle SA
18. Tata Global Beverages Ltd.
19. The Unilever Group
20. Tea’s Me Company
21. Shaanxi Dongyu Tea
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Regional Analysis:
Our analysts have conducted a thorough examination of the global Matcha market across the following regions:
• North America (comprising the United States and Canada)
• European Union (encompassing Germany, France, the United Kingdom, and Russia)
• Asia-Pacific region (including China, Japan, Korea, India, Southeast Asia, and Australia)
• Latin America (spanning Brazil, Argentina, and Colombia)
• Africa and the Middle East (covering Saudi Arabia, UAE, Egypt, and South Africa)
COVID-19 Impact Analysis on Matcha Market:
The report incorporates a detailed analysis of the impact of the COVID-19 pandemic on the global Matcha market, offering insights into the challenges and opportunities arising from the crisis.
Key Questions Addressed in the Matcha Market Report:
• What is the projected CAGR of the Matcha market during the forecast period (2021-2027)?
• Which segment emerged as the leading one in the Matcha market in 2020?
• Who are the key players driving the Matcha market?
• What are the significant trends anticipated to emerge in the Matcha market within the forecast period?
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