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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Green Tea Market Size
The global green tea market reached a value of about USD 16.26 billion in 2023. The market is further estimated to grow at a CAGR of 7.40% in the forecast period of 2024-2032 to reach a value of around USD 30.92 billion by 2032.
Green Tea Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global green tea market attained a value of nearly USD 16.26 billion.
The market is assessed to grow at a CAGR of 7.40% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach almost USD 30.92 billion by 2032.
The major market drivers include the rising inclination towards healthy ready-to-drink beverages, worldwide production of green tea leaves, convenience and skincare benefits associated with green tea bags, expanding distribution channels, emergence of e-commerce, improved living standards, and initiatives taken by market players to promote premium range.
The key market trends guiding the growth of the market include the growing awareness about the health benefits of green tea, favourable government initiatives, and increasing research activities.
The major regions are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant forms of green tea include green tea bags, green tea instant mixes, iced green tea, and loose leaf, among others.
The various types of green tea include flavoured and unflavoured.
The different distribution channels of the product include supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.
The major players in the market are Amorepacific, Tata Consumer Products Limited, Hindustan Unilever Limited, The Hain Celestial Group, Inc., Finlays Beverages Ltd., Hambleden Herbs, and Hankook Tea, among others.
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