Matcha Market Size, Growth Insights, Top Countries Data, Industry Share and Future Forecast 2018 To 2028
Growing health awareness, culinary innovation, globalization, and e-commerce are driving forces behind the global matcha market's expansion.
According
to TechSci Research's report, “Global Matcha
Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029”, the market reached USD 4.09 billion in 2023 and is
projected to grow at a CAGR of 9.51% during 2025-2029. Matcha's appeal stems
from its abundant antioxidants and distinct flavor, leading to its
incorporation into various culinary creations beyond traditional tea.
Globalization has broadened matcha's reach, especially in Western markets,
while e-commerce enhances accessibility. Despite challenges like supply chain
limitations and market saturation, the matcha market remains vibrant,
reflecting evolving consumer preferences and culinary ingenuity.
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The
matcha market thrives globally, driven by factors aligning with modern consumer
preferences. Health awareness is key, with matcha prized for its antioxidants,
vitamins, and minerals, offering both flavor and functional benefits. Culinary
innovation broadens matcha's horizons, expanding from traditional teas to
diverse culinary creations, from lattes to desserts. Globalization sees matcha
transcend cultural barriers, embraced worldwide for its sophistication and
health appeal, with Western markets embracing it fervently.
E-commerce
plays a pivotal role, offering convenience and access to matcha products
online. Despite growth, challenges like supply chain constraints and market
saturation persist. The market is segmented by product type, form, nature,
distribution channel, regional distribution, and company. Notably, online sales
surge as consumers seek diverse matcha options conveniently. Online platforms
not only offer easy purchasing but also educate consumers about matcha
varieties and preparation methods, reflecting a significant shift in consumer
behavior and the influential role of e-commerce in shaping the modern matcha
market.
Major companies
operating in global matcha market are:
- Matcha Maiden Pty Ltd
- Mizuba Tea Co.
- Aiya Europe GmbH
- AOI Tea Company
- Ippodo Tea Co., Ltd.
- Ito En, Ltd.
- McCormick & Company, Inc.
- Tata Consumer Products Limited
- Green Foods Corp.
- Encha Life LLC’s
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"The
matcha market is booming due to rising health consciousness, culinary
creativity, and its expanding global presence. Known for its antioxidants and
versatile flavor, matcha has moved beyond traditional uses, entering various
culinary realms worldwide. Its globalization, fueled by specialty tea shops and
health trends, has gained traction in Western markets. E-commerce has notably
boosted sales, offering diverse matcha products conveniently online. Despite
obstacles like supply chain limitations and market saturation, the matcha
market adapts to changing consumer demands." - Mr. Karan Chechi, Research
Director at TechSci Research.
"Matcha
Market – Global Industry Trends, Size, Share, Forecast, Segmented By Product
Type (Regular Tea, Flavored Tea), Form (Powder, Liquid), Nature (Conventional,
Organic), Distribution Channel (Supermarkets/Hypermarkets, Departmental Stores,
Convenience Stores, Online, Others), Region, Competition, 2019-2029", assesses the future prospects of the
global matcha market, providing insights into its size, structure, and
anticipated growth. The report aims to furnish cutting-edge market intelligence
to facilitate informed investment decisions, identifying emerging trends,
drivers, challenges, and opportunities within the global matcha market.
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