The global green tea market size was USD 15.00 Billion in 2021 and register a revenue CAGR of 8.1% over the forecast period, according to a latest analysis by Emergen Research. Various health benefits associated with drinking green tea and rapid advancement in tea packaging have led to an increase in shelf life and upsurge in export, leading to a rise in the number of new green tea brands are key factors driving revenue growth of the global Green Tea market.
Various health benefits associated with drinking green tea are driving revenue growth of the market. L-theanine, an amino acid found in green tea, slows the absorption of caffeine and aids in blood sugar regulation. This balances out the energy boost to prevent the jitters. Green tea may help reduce the risk of cardiovascular disease by lowering LDL cholesterol and boosting blood flow in blood vessels, according to a study. These benefits are largely attributed to the anti-inflammatory properties of green tea. Long-term green tea consumption has also been associated with a lower risk of certain types of cancer, including prostate cancer. Green tea helps people suffering from obesity to lose weight by accelerating fat oxidation and is a popular weight loss supplement. Rise in the number of new green tea consumers and increasing usage of social media and e-commerce websites for marketing and advertising green tea products are expected to boost sales and drive revenue growth of the market.
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The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
Some major companies in the market report include Unilever plc, Tata Consumer Products Limited, Associated British Foods plc, Bigelow Tea, Tetley, Numi, Inc. P.B.C., The Republic of Tea, Organic India, East West Tea Company, LLC, Northern Tea Merchants Ltd., and The Hybrid Green Tea.
Objectives of the Report:
Industrial structure analysis of the Green Tea market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Green Tea market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Green Tea market
Comprehensive analysis of competitive developments such as expansions, agreements,
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The report studies the historical data of the Green Tea Market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects.
Emergen Research has segmented the global Green Tea market on the basis of type, form, distribution channel, and region:
· Type Outlook (Revenue, USD Billion, 2019–2030)
Loose tea leaves
· Form Outlook (Revenue, USD Billion, 2019–2030)
· Distribution Channel Outlook (Revenue, USD Billion, 2019–2030)
The complete regional analysis covers:
North America (U.S., Canada, Mexico
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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Key Points of Green Tea Market:
On 7 October 2021, The Hybrid Green Tea, which is an Indian-based company, launched its varied ranges of A-Grade Green Teas. The tea mix products are hygienic and are subjected to quality control procedures. The company has also introduced varied flavors of green tea and Kahwa and is currently working on creating hybrid green tea.
The flavored segment revenue is expected to account for largest share over the forecast period due to growing demand for infused herbal green tea which contains various type of herbs that has many medicinal benefits and helps in improving immunity
The tea bags segment revenue accounted for largest share in 2021. Tea bags are useful and practical for making tea preparation quick and easy. They are commonly made from filter paper or food-grade plastic. Paper tea bags are used in Asian countries to retain loose tea leaves. When drinking loose leaf teas, the entire tea bag is dipped into hot water for some time releasing the flavor and aroma of the tea.
The online segment revenue is expected to account for largest revenue share over the forecast period, which can be attributed to the rapid growth of e-commerce and online payment gateway as well as a rapid rise in adoption of digital marketing enabling tea manufacturers and marketers to advertise and increase the visibility and availability of the green tea to a wider customer base.
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