Matcha Market is estimated at USD 104.94 Billion in 2022 and is expected to reach USD 441.91 Billion by 2029, at a CAGR of 22.8% between 2023 and 2029.
Matcha Market Overview:
A research team conducted extensive primary and secondary research for the worldwide industry’s Matcha market study. Secondary research was conducted to supplement existing data, segment the market, assess total market size, anticipate market size, and growth rate.
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Market Scope:
Our team at Maximize collects market information and data from a number of sources in order to provide a more realistic regional perspective. The study’s country-level analysis is based on a review of several regional stakeholders, regional tax laws and policies, consumer behaviour, and macroeconomic statistics.
Drivers:
The Matcha market is experiencing significant growth due to rising awareness of its health benefits and an increase in the consumption of nutritious foods and beverages globally. The unique flavor, texture, and nutritional benefits of Matcha are driving its popularity. However, the high cost of the product and low awareness may hinder market growth in the forecast period.
Segmentation:
- Grade: Ceremonial, Classic, and Culinary. Classic grade holds the largest market share.
- Application: Regular Tea, Matcha Beverages, Food, Personal Care, and Cosmetics. Regular Tea is expected to lead in market share.
- Production Technology: Pan Fried and Steamed.
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 key players are
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:
A country-level examination of the Matcha Market focuses on categories identified as potentially high-growth, countries with the largest market share, and countries with the highest development potential. The regional breakdowns in the Matcha Market report include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other countries.
COVID-19 Impact Analysis on Matcha Market:
The impact of COVID-19 on global Matcha market has also been included in the report.
Key Questions answered in the Matcha Market Report are:
- Which product segment had the largest share in the Matcha market in 2022?
- How is the projected competitive landscape of the Matcha market in the forecast period (2023-2029)?
- Which are the key factors aiding the Matcha market growth?
- Which region is responsible for the maximum share in the Matcha market in 2022?
- What will be the CAGR of the global Matcha market in the forecast period (2023-2029)?
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A detailed Market Overview
Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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