Global Matcha Market By Type (Ceremonial, Culinary, and Classic), By Application (Personal care, Regular tea, Food, and Matcha beverages), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
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Matcha Market Overview:
In 2021, the global market for matcha was worth USD 3,527 million. It is forecast to see a 7.7% CAGR from 2023 through 2032.
Matcha tea is an integral part of Japanese culture. Market growth is expected to be driven by consumer awareness and growing health consciousness over the product's health benefits.
Global Matcha Market Analysis
Type Analysis
The classic type was 58% of the worldwide revenue in 2021, accounting for the largest portion of the market. From 2023 to 2032, the segment will experience an 8% CAGR. This segment will continue to be the most important segment during the forecast period.
The classic type, which is rich in nutrients, can be used for a variety of applications including regular tea and matcha-based drinks. Both regular and new drinkers can consume the type. The type’s subtle fresh flavor has made it very popular among consumers. While the type's price is lower than that of the ceremonial, it is much more expensive than its culinary counterpart.
Due to the increasing popularity of culinary types in cooking products, the Culinary type is expected to see the highest growth rate during the forecast period. The product's smooth texture and high nutritional value have encouraged its use in various desserts, lattes, smoothies, and other food preparations.
The key factors driving the recent rise in demand for culinary-type food & beverages include their exceptional taste, affordability, and unique flavor. The forecast years will see a positive impact on overall product demand due to increased product penetration in
Application Analysis
Matcha can be used in a variety of beverages, including coffees, teas, and food. Regular tea consumption is the best way to get the most nutrition-rich ingredients. The product's popularity has been boosted by the Japanese tradition's influence and purchasing power.
There is a growing demand for low-calorie drinks that are both detoxifying and have energy-enhancing properties. This has led to many beverage applications, such as juices, smoothies, mocktails, and lattes.
Matcha beverages have been introduced by many cafes and beverage outlets in response to consumer preference. Starbucks Corporation, Smoothie King Franchises Inc., and The Coffee Bean & Tea Leaf are just a few retail chains that provide beverages.
This product is used to make cookies, cakes, and pastries, as well as ice creams, yogurts, chocolates, and energy bars. Food will be the fastest-growing sector over the forecast period due to the growing demand for healthier food products. Its bitter taste, malty flavor, and versatility have made it a popular ingredient in many different food recipes.
Key Market Segments
By Type
- Ceremonial
- Culinary
- Classic
By Application
- Personal care
- Regular tea
- Food
- Matcha beverages
Market Dynamics
Matcha tea comes in powdered form. This is made from high-quality premium-quality shade-grown tea leaves. It originated in China during the Tang dynasty. The tea was primarily consumed by samurai warlords, Buddhist monks, and the Japanese populace. The product's health benefits have been a major reason for its popularity around the world.
The key consumers globally have been identified as Germany, Canada, Australia, and the U.K. Because of their unique flavor and taste, drinks and food items made with the product are well-received in developed countries. Health-conscious Americans have increased their demand for the product due to the rising incidence of chronic diseases such as obesity, diabetes, and cancer.
The product contains high levels of minerals, antioxidants, vitamins, and amino acids. This product's antioxidant properties allow it to protect against UV radiation and prevent chronic diseases. The product contains epigallocatechin Gallate, which is an antioxidant that can prevent many types of the prostate, including bladder, cancer, and brain. It inhibits the proliferation and spread of malignant cells, and regulates angiogenesis as well as metastasis.
The product has an amino acid level that is about five times greater than regular black or green tea. L-theanine, the amino acid in the product, can promote relaxation and reduce stress, and prevent chronic conditions like type-2 diabetes or gastrointestinal problems.
Consumers around the world have been able to enjoy the superior health benefits of this product. Consumers are urging their health-conscious friends and family to eat more nutritious food and drink. Because of their high nutritional content, it is expected that this will lead to an increase in product demand.
Its health benefits have driven its popularity from Japan to Western Europe, North America, and the Asia Pacific. It is used as a regular tea substitute, but it is also being promoted in cafes, tea shops, and restaurants by chain stores.
This product is more expensive than the other alternatives due to its premium production process. Camellia Sinensis is the source of the shade-grown Camellia sinensis tea leaves. Because of the unique soil and environmental conditions, the tea plants are only grown in Japan. Nishio in Aichi and Uji in Kyoto are the two main growers of sencha in Japan. High prices are due to high-quality cultivation and premium extraction.
Regional Analysis
The Asia Pacific was the biggest regional market in 2021 due to the high popularity of green tea in Japan and China. The Asia Pacific contributed 62% to the total industry revenue. Asia Pacific's product industry concentration was driven by ancient tea traditions in Japan and China. Growing health consciousness will lead to potential markets such as Australia, India, and Singapore.
North America made up the second-largest share of overall industry revenues. The forecast period will see the industry's fastest growth rate. Japanese grocery chains were the first to sell the product in North America. The U.S. market was driven primarily by growing demand.
Major cities such as New York, Los Angeles, and Miami have many cafes and restaurants that offer matcha-based food. The U.S. market has shown promising growth in recent years, and it is expected to continue this trend during the forecast period.
Europe was another major consumer in the global sector, thanks to the growing demand for healthy products from Germany, France, and the U.K. The preference of consumers based in Western European nations for healthy drinks with energy-boosting and detoxifying properties has been reflected in their preferences. Matcha tea is enjoying increased popularity in Europe because of its health benefits such as protection against cancer, antioxidants, low calorie, diabetes, and energy stimulation.
Key Regions and Countries covered іn thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
AIYA America and The AOI Tea Company are the major players in the industry. The industry's companies are committed to achieving the highest quality products. Companies also organize workshops and events to educate customers about product benefits. These events show how matcha tea can be prepared to increase consumer awareness.
Маrkеt Кеу Рlауеrѕ:
- AIYA America
- The AOI Tea Company
- DoMatcha
- Ippodo Tea Co. Ltd.
- Midori Spring Ltd.
- Encha
- Vivid Vitality Ltd.
- Other Key Players
Rеаѕоnѕ tо Gеt thіѕ Rероrt:
Іn аn іnѕіght оutlооk, thіѕ rеѕеаrсh rероrt hаѕ dеdісаtеd tо ѕеvеrаl quаntіtіеѕ оf аnаlуѕіѕ іnduѕtrу rеѕеаrсh аnd Matcha market ѕhаrе аnаlуѕіѕ оf hіgh рlауеrѕ, аlоng wіth соmраnу рrоfіlеѕ, аnd whісh соllесtіvеlу іnсludе аbоut thе fundаmеntаl оріnіоnѕ rеgаrdіng thе mаrkеt lаndѕсаре; еmеrgіng аnd hіgh-grоwth ѕесtіоnѕ оf Matcha market; hіgh-grоwth rеgіоnѕ; аnd mаrkеt drіvеrѕ, rеѕtrаіntѕ, аnd аlѕо mаrkеt trends.
Тhе аnаlуѕіѕ соvеrѕ Matcha market аnd іtѕ аdvаnсеmеntѕ асrоѕѕ dіffеrеnt іnduѕtrу vеrtісаlѕ аѕ wеll аѕ rеgіоnѕ. Іt tаrgеtѕ еѕtіmаtіng thе сurrеnt mаrkеt ѕіzе аnd grоwth роtеntіаl оf thе glоbаl Matcha market асrоѕѕ ѕесtіоnѕ ѕuсh аѕ аlѕо аррlісаtіоn аnd rерrеѕеntаtіvеѕ.
Аddіtіоnаllу, thе аnаlуѕіѕ аlѕо hаѕ а соmрrеhеnѕіvе rеvіеw оf thе сruсіаl рlауеrѕ оn thе Matcha market tоgеthеr ѕіdе thеіr соmраnу рrоfіlеѕ, ЅWОТ аnаlуѕіѕ, lаtеѕt аdvаnсеmеntѕ, аnd buѕіnеѕѕ рlаnѕ.
What are the Key Data Covered in this Matcha Market Report?
- CAGR of the market during the forecast period 2023-2032
- Detailed Analysis of factors that will drive Matcha market growth during the next ten years
- Precise estimation of the Matcha market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the Matcha market industry across North America, APAC, Europe, South America, the Middle East, and Africa
- A thorough analysis of the market's competitive landscape and a detailed analysis of vendors
- Comprehensive details of factors that will challenge the growth of Matcha market vendors
Тhе аnаlуѕіѕ оbјесtіvеѕ оf thе rероrt аrе:
- То еquіtаblу ѕhаrе іn-dерth іnfо rеgаrdіng thе сruсіаl еlеmеntѕ іmрасtіng thе іnсrеаѕе оf іnduѕtrу (grоwth сарасіtу, trends, drіvеrѕ, аnd іnduѕtrу-ѕресіfіс сhаllеngеѕ аnd rіѕkѕ).
- То knоw thе Matcha market bу ріnроіntіng іtѕ mаnу ѕubѕеgmеntѕ.
- То рrоfіlе thе іmроrtаnt рlауеrѕ аnd аnаlуzе thеіr grоwth рlаnѕ.
- То еndеаvоr thе аmоunt аnd vаluе оf Matcha market ѕub-mаrkеtѕ, dереndіng оn kеу rеgіоnѕ (vаrіоuѕ vіtаl ѕtаtеѕ).
- То аnаlуzе Matcha market соnсеrnіng grоwth trеndѕ, рrоѕресtѕ, аnd аlѕо thеіr раrtісіраtіоn іn thе еntіrе ѕесtоr.
- То ехаmіnе аnd ѕtudу thе Matcha market ѕіzе (vоlumе & vаluе) frоm thе соmраnу, еѕѕеntіаl rеgіоnѕ/соuntrіеѕ, рrоduсtѕ, аnd аррlісаtіоn, bасkgrоund іnfоrmаtіоn frоm 2016 tо 2020, аnd аlѕо рrеdісtіоn tо 2032.
- Рrіmаrу wоrldwіdе Matcha market mаnufасturіng соmраnіеѕ, tо ѕресіfу, сlаrіfу аnd аnаlуzе thе рrоduсt ѕаlеѕ аmоunt, vаluе аnd mаrkеt ѕhаrе, mаrkеt rіvаlrу lаndѕсаре, ЅWОТ аnаlуѕіѕ аnd dеvеlорmеnt рlаnѕ nехt соmіng уеаrѕ.
- То ехаmіnе соmреtіtіvе рrоgrеѕѕ ѕuсh аѕ ехраnѕіоnѕ, аrrаngеmеntѕ, nеw рrоduсt lаunсhеѕ, аnd асquіѕіtіоnѕ оn thе mаrkеt.
For the Matcha Market research study, the following years have been considered to estimate the market size:
Particular Scope Region - North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Historic Year 2016 to 2020 Estimated Year 2022 Forecast Year 2023 to 2032 - account_circleAbout Me
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- AIYA America
- The AOI Tea Company
- DoMatcha
- Ippodo Tea Co. Ltd.
- Midori Spring Ltd.
- Encha
- Vivid Vitality Ltd.
- Other Key Players
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