Green Tea Market 1

Global Green Tea Market Research Report
Green Tea Market Research Report – Global
Forecast till 2024
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Global Green Tea Market Research Report
Green Tea Market Scenario
Green Tea Market is made from camellia sinensis leaves that have undergone minimal oxidation during
processes. The various health benefits of green tea are increasing the demand for it among
consumers. One of the significant reasons for the growth of the green tea market is the medicinal
benefits of green tea. The antioxidant property of green tea aids blocking the oxidation of low-density
lipoprotein and cholesterol. Thus, the increasing prevalence of cardiovascular diseases and obesity
cases are anticipated to increase the consumption of green tea during the forecast period
The global Green Tea Industry is expected to garner a revenue of USD 9 billion by 2024, with a
CAGR of 5.8% during the forecast period, 2019–2024.
The Global Green Tea Market is witnessing an impressive growth over the last few years. This is
attributed by the rising health conscious people both in developed and developing economies. Also,
increasing disposable income of the consumer is anticipated to be the significant reason of the growth
of green tea during the forecast period. Increasing cardiovascular diseases and obesity cases are
anticipated to fuel the sales of green tea during the forecast period.
Key Players
Arizona Beverages USA (US), Tata Global Beverages Limited (India), The Republic of Tea (US),
Unilever PLC (UK), East West Tea Company, LLC (US), The Bigelow Tea Company (US), Numi, Inc.
(US), Starbucks Corporation (US), Organic India (India), Associated British Foods plc (UK), Mekor
Corporation (US), Koninklijke DSM N.V. (the Netherlands), Cape Natural Tea Products Pty Ltd
(South Africa), Celestial Seasonings (US), and Hankook Tea USA, Inc. (US) are some of the key
players in the global green tea market.
Segmentation
The Global Green Tea Market has been segmented based on form, category, distribution channel,
and region.
By form, the global Green Tea Market has been classified as powder, tea bags, loose-leaf, and
others. The tea bag segment held a significant market share in the global green tea market, and the
same segment is expected to be the fastest-growing segment.
Based on category, the global Green Tea Market has been bifurcated into organic and conventional.
The conventional segment holds a larger market share in the global green tea market.
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Regional Market Summary
Asia-Pacific accounted for the largest market share in 2018. The region’s dominance and growth can
be attributed to the increasing consumption of healthy food and beverages among health-conscious
people. North America is expected to be the fastest-growing region in the green tea market. The
rise in consumer awareness regarding the benefits associated with green tea is majorly driving the
growth of green tea market in this region.
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Copyright © 2017 Market Research Future.

Global Green Tea Market Research Report
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Copyright © 2017 Market Research Future.