Matcha Market CAGR Status, Growth Opportunities and Covid-19 Impact Analysis on Forecast 2029


Posted March 12, 2024 by Shitalmax

The global Matcha Market displayed significant growth, with a valuation of USD 2.98 Billion in 2022. Forecasts indicate a steady increase, with Matcha Tea revenue expected to grow at a CAGR of 11.03%
 
Market Overview

As of the most recent Matcha Market update, the global economic landscape reflects a dynamic interplay of various factors. Major financial markets continue to navigate the aftermath of the unprecedented events that unfolded in recent years, such as the global pandemic and geopolitical shifts. Equities have demonstrated resilience amid ongoing uncertainties, propelled by technological advancements, innovation, and accommodative monetary policies. However, challenges persist, including inflationary pressures, supply chain disruptions, and regulatory changes in various sectors. Investors are closely monitoring central bank decisions, fiscal policies, and emerging trends to assess potential opportunities and risks. The market's response to evolving conditions underscores the importance of adaptability and strategic planning for both businesses and investors in this complex and ever-changing environment.

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Report Scope:

The report analyzes the global Matcha Market, focusing on market size, growth trends, key drivers, restraints, segmentation, and regional insights.

Research Methodology:

The research methodology employed a comprehensive analysis of market dynamics, including primary and secondary research, to provide accurate insights into the global Matcha Market.

Drivers:

Rising health consciousness among consumers.
Versatility of matcha as a beverage and ingredient.
Growing demand for organic and sustainably sourced products.
Restraints:

Price sensitivity among consumers in emerging economies.
Segmentation:

The market is segmented based on form and product, with powder and regular matcha holding significant market shares, respectively.

by Product

Regular
Flavored

by Form

Powder
Liquid

by Distribution Channel

Offline
Hypermarket/Supermarket
Grocery Stores
Others
Online store
E-commerce Platforms
Company Owned Websites

Regional Insights: Asia Pacific:

Dominated the market in 2022, with over 60% market share, driven by increased awareness of matcha's health benefits and rising disposable incomes.

North America and Europe:

Significant markets, with consumers recognizing the health advantages of matcha.


Market Key Players

1. The AOI Tea Company (U.S.),
2. benzoate.co (U.S.),
3. Green Foods Corporation (U.S.),
4. Nature's Way (U.S.),
5. Aiya America Inc. (U.S.),
6. DōMatcha (Canada),
7. Vivid Vitality Ltd. (U.K.),
8. Starbucks Coffee Company. (U.S.),
9. Tata Consumer Products Limited (India),
10. Aiya Europe GmbH (Austria),
11. Unilever (U.K.),
12. Marukyu Koyamaen (Japan),
13. Midori Spring Ltd. (Japan),
14. Sasaki Green Tea Company (Japan),
15. IPPODO TEA (Japan),
16. Mizuba Tea Co. (Japan),
17. Sun Time Tea Company (China),
18. Matcha Maiden (Australia)
19. Thaitee Tea Merchant Sdn Bhd
20. Legend Of Tea
21. John Tea Merchant Trading Company Sdn Bhd
22. TWG
23. Matcha Hero
24. Fulleaf Tea Store
25. Gryphon Tea Company
26. The Tea Republic
27. Roleaf Sdn Bhd
28. ETTE TEA COMPANY

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Key questions answered in the Matcha Market report include:

What is Matcha?
What factors drive Matcha Market growth?
What are the main challenges for Matcha Market growth?
What was the Matcha market size in 2023?
Which trends are expected to contribute to Matcha market growth?
What recent industry trends can generate additional revenue streams for the Matcha Market?
What growth strategies are players considering to increase their foothold in the Matcha Market?
Who held the largest market share in the Matcha Market?

Key Offerings:

Past Market Size and Competitive Landscape (2021 to 2023)
Past Pricing and price curve by region (2021 to 2023)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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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Issued By MMR
Country India
Categories Food
Tags matcha market industry matcha market size matcha market share matcha market growth matcha market trend matcha market dynamics matcha market scope matc
Last Updated March 12, 2024