Matcha Market Projected to Witness Vigorous Expansion by 2030
- chhaya chavan
- May 18, 2023
- 3 min read
The global matcha market size was USD 2.75 billion in 2021 and is expected to register a revenue CAGR of 10.9% during the forecast period, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by factors such as increasing health and wellness awareness among people. The market for superfoods is mostly driven by health and wellbeing, but emphasis is now more on advantages of mental health compared to physical health. For instance, matcha is becoming more and more popular as it is a superfood known to have a calming impact superior to that of coffee without jitteriness, spikes, and crashes typically associated with caffeine. Moreover, demand for matcha among health-conscious consumers and tea aficionados is expected to increase at a rapid rate, driving market revenue growth during the forecast period.
The report is a comprehensive research study of the global Matcha market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.
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Key companies operating in the Matcha market include:
The AOI Tea Company, aiya-THE TEA, Nestlé, Tata Global Beverages Ltd, Unilever, ITO EN, LTD., Marukyu-Koyamaen, Encha, Tenzo Tea Inc., Green Foods Corporation, and Hain Celestial
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Matcha market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Matcha Market
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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Matcha Market Segmentation:
Source Type Outlook (Revenue, USD Billion; 2019-2030)
Natural
Conventional
Grade Type Outlook (Revenue, USD Billion; 2019-2030)
Ceremonial
Classic
Café
Culinary
Application Outlook (Revenue, USD Billion; 2019-2030)
Regular Tea
Matcha Beverages
Food
Personal Care
Others
Matcha Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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