PUBLISHER: Lucintel | PRODUCT CODE: 1417845
PUBLISHER: Lucintel | PRODUCT CODE: 1417845
Matcha Trends and Forecast
The future of the global matcha market looks promising with opportunities in the regular tea, matcha beverage, food, and personal care markets. The global matcha market is expected to reach an estimated $6.2 billion by 2030 with a CAGR of 8.6% from 2024 to 2030. The major drivers for this market are increasing health consciousness combined with consumer knowledge of the product's health advantages, improvements in the global food and beverage industry, as well as, rising availability of bagged matcha leaves sold under various brand names.
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Matcha by Segment
The study includes a forecast for the global matcha by grade, application, and region.
List of Matcha Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies matcha companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the matcha companies profiled in this report include-
Matcha Market Insights
Lucintel forecasts that classic will remain the largest segment over the forecast period because it is is nutrient-dense and excellent for a variety of uses, including ordinary tea and other matcha tea-based drinks.
APAC will remain the largest region over the forecast period due to the considerable popularity of green tea in Japan and China, as well as the region's developing health consciousness.
Features of the Global Matcha Market
Market Size Estimates: Matcha market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Matcha market size by grade, application, and region in terms of value ($B).
Regional Analysis: Matcha market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different grade, application, and regions for the matcha market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the matcha market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the matcha market size?
Answer: The global matcha market is expected to reach an estimated $6.2 billion by 2030.
Q2. What is the growth forecast for matcha market?
Answer: The global matcha market is expected to grow with a CAGR of 8.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the matcha market?
Answer: The major drivers for this market are increasing health consciousness combined with consumer knowledge of the product's health advantages, improvements in the global food and beverage industry, as well as, rising availability of bagged matcha leaves sold under various brand names.
Q4. What are the major segments for matcha market?
Answer: The future of the global matcha market looks promising with opportunities in the regular tea, matcha beverage, food, and personal care markets.
Q5. Who are the key matcha market companies?
Answer: Some of the key matcha companies are as follows.
Q6. Which matcha market segment will be the largest in future?
Answer: Lucintel forecasts that classic will remain the largest segment over the forecast period because it is is nutrient-dense and excellent for a variety of uses, including ordinary tea and other matcha tea-based drinks.
Q7. In matcha market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to the considerable popularity of green tea in Japan and China, as well as the region's developing health consciousness.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.