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Market Research Report

US Green Tea Market Forecast to 2027 - COVID-19 Impact and Country Analysis By Type ; Flavor ; Distribution Channel

Published by The Insight Partners Product code 936658
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US Green Tea Market Forecast to 2027 - COVID-19 Impact and Country Analysis By Type ; Flavor ; Distribution Channel
Published: May 9, 2020 Content info: 104 Pages
Description

Title:
US Green Tea Market Forecast to 2027 - COVID-19 Impact and Country Analysis By Type (Green Tea Bags, Green Tea Instant Mixes, Iced Green Tea, Loose Leaf, Others); Flavor (Lemon, Aloe Vera, Cinnamon, Vanilla, Basil, Others); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online, Others).

The US Green tea market was valued at US$ 1,089.40 Mn in 2018 and is projected to reach US$ 1,907.03 Mn by 2027; it is expected to grow at a CAGR of 6.5% during the forecast period.

Green tea is prepared from the leaf buds and dried leaves of the Camellia sinensis plant. It is prepared by pan-frying and steaming these leaves, followed by drying them. Green tea is known to be beneficial against various health issues such as depression and various cancer types such as lung cancer, liver cancer, colon cancer, and gastric cancer. Some of the scientific studies have also proven that the consumption of green tea helps enhance the thinking skills and also is helpful in lowering cholesterol and triglyceride levels in body. Green tea has gained the attention of the US consumers over the past few years, mainly due to its health benefits. Regular consumption of green tea boosts the immune system, helps maintain body weight in limits, reduces physical stress, and keeps check on skin redness. Consumers in the US prefer beverages that offer functional benefits. This further propels the demand for the green tea in the country. Many consumers understand the functional health benefits of green tea and seek for green tea products as a more desirable alternative to sugar-laden beverages.

On the basis of type, the green tea market is segmented into green tea bags, green tea instant mixes, iced green tea, loose leaf, and others. In 2018, the green tea bags segment dominated the US green tea market. The loose leaf segment is expected to register the highest CAGR during forecast period. On the basis of flavor, the green tea is segmented into lemon, aloe vera, cinnamon, vanilla, basil, and others. The market is further segmented on the basis of distribution channel into supermarkets and hypermarkets, convenience stores, online, and others. In 2018, the supermarkets and hypermarkets segment accounted for the largest share of the US green tea market, whereas the others segment is expected to register the fastest CAGR during the forecast period.

TATA Global Beverages, Finlays, Unilever, Nestle, Associated British Foods plc., AriZona Beverage Co., Kirin Holdings Company Ltd, ITO EN, and Dilmah Ceylon Tea Company PLC., are among the major players in the US Green Tea market.

The overall US green tea market size has been derived in accordance with both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the green tea market.

Reasons to Buy

  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the US Green Tea market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Table of Contents
Product Code: TIPRE00010740

TABLE OF CONTENTS

1. Introduction

  • 1.1 Scope of the Study
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. Green tea Market Landscape

  • 4.1 Market Overview

5. US Green tea Market - Key Industry Dynamics

  • 5.1 Market Drivers
    • 5.1.1 Health benefits of flavored green tea
    • 5.1.2 Cumulative M&A activities and product launches
  • 5.2 Market Restraints
    • 5.2.1 Higher price of green tea as compared to other tea
  • 5.3 Market Opportunities
    • 5.3.1 Introduction of new flavours and attractive packaging
  • 5.4 Future Trends
    • 5.4.1 Surge in consumption of premium RTD green tea flavoured beverages
  • 5.5 Impact Analysis of Drivers and Restraints

6. Green tea - US Market Analysis

  • 6.1 US Green Tea Market Overview
  • 6.2 US Green Tea Market Forecast and Analysis

7. Green Tea Market Analysis - By Type

  • 7.1 Overview
  • 7.2 Green Tea Market, by Type, (2018 & 2027)
  • 7.3 Green Tea Bags
    • 7.3.1 Overview
    • 7.3.2 Green Tea Bags in Green Tea Market, Revenue Forecast to 2027 (US$ Mn)
  • 7.4 Green Tea Instant Mixes
    • 7.4.1 Overview
    • 7.4.2 Green Tea Instant Mixes in Green Tea Market, Revenue and Forecast to 2027 (US$ Mn)
  • 7.5 Iced Green Tea
    • 7.5.1 Overview
    • 7.5.2 Iced Green Tea in Green Tea Market, Revenue and Forecast to 2027 (US$ Mn)
  • 7.6 Loose Leaf
    • 7.6.1 Overview
    • 7.6.2 Loose Leaf in Green Tea Market, Revenue and Forecast to 2027 (US$ Mn)
  • 7.7 Others
    • 7.7.1 Overview
    • 7.7.2 Others in Green Tea Market, Revenue and Forecast to 2027 (US$ Mn)

8. Green Tea Market Analysis - By Flavours

  • 8.1 Overview
  • 8.2 Green Tea Market Breakdown, by Flavours, 2018 & 2027
  • 8.3 Lemon
    • 8.3.1 Overview
    • 8.3.2 Lemon Green Tea Market, Revenue Forecast to 2027 (US$ Mn)
  • 8.4 Aloe Vera
    • 8.4.1 Overview
    • 8.4.2 Aloe Vera Green Tea Market, Revenue and Forecast to 2027 (US$ Mn)
  • 8.5 Cinnamon
    • 8.5.1 Overview
    • 8.5.2 Cinnamon Green Tea Market, Revenue and Forecast to 2027 (US$ Mn)
  • 8.6 Vanilla
    • 8.6.1 Overview
    • 8.6.2 Vanilla Green Tea Market, Revenue and Forecast to 2027 (US$ Mn)
  • 8.7 Basil
    • 8.7.1 Overview
    • 8.7.2 Basil Green Tea Market, Revenue and Forecast to 2027 (US$ Mn)
  • 8.8 Others
    • 8.8.1 Overview
    • 8.8.2 Others Green Tea Market, Revenue and Forecast to 2027 (US$ Mn)

9. US Green Tea Market Analysis - By Distribution Channel

  • 9.1 Overview
  • 9.2 US Green Tea Market Breakdown, By Distribution Channel, 2018 & 2027
  • 9.3 Hypermarkets and Supermarkets
    • 9.3.1 US Green Tea Market Revenue Via Hypermarkets and Supermarkets Revenue and Forecast, to 2027 (US$ Mn)
  • 9.4 Convenience Store
    • 9.4.1 US Green Tea Market Revenue Via Convenience Stores Revenue and Forecast, to 2027 (US$ Mn)
  • 9.5 Online Stores
    • 9.5.1 US Green Tea Market Revenue Via Online Stores Revenue and Forecast, to 2027 (US$ Mn)
  • 9.6 Others
    • 9.6.1 US Green Tea Market Via Other Retailers Forecasts to 2027 (US$ Mn)

10. Impact of COVID-19 Pandemic on US Green Tea Market

  • 10.1 US: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

  • 11.1 Product News

12. Company Profiles

  • 12.1 TATA Global Beverages
    • 12.1.1 Key Facts
    • 12.1.2 Business Description
    • 12.1.3 Products and Services
    • 12.1.4 Financial Overview
    • 12.1.5 SWOT Analysis
    • 12.1.6 Key Developments
  • 12.2 Finlays
    • 12.2.1 Key Facts
    • 12.2.2 Business Description
    • 12.2.3 Products and Services
    • 12.2.4 Financial Overview
    • 12.2.5 SWOT Analysis
    • 12.2.6 Key Developments
  • 12.3 Unilever
    • 12.3.1 Key Facts
    • 12.3.2 Business Description
    • 12.3.3 Products and Services
    • 12.3.4 Financial Overview
    • 12.3.5 SWOT Analysis
    • 12.3.6 Key Developments
  • 12.4 Nestle
    • 12.4.1 Key Facts
    • 12.4.2 Business Description
    • 12.4.3 Products And Services
    • 12.4.4 Financial Overview
    • 12.4.5 SWOT Analysis
    • 12.4.6 Key Developments
  • 12.5 Associated British Foods plc
    • 12.5.1 Key Facts
    • 12.5.2 Business Description
    • 12.5.3 Products and Services
    • 12.5.4 Financial Overview
    • 12.5.5 SWOT Analysis
    • 12.5.6 Key Developments
  • 12.6 AriZona Beverage Co.
    • 12.6.1 Key Facts
    • 12.6.2 Business Description
    • 12.6.3 Products and Services
    • 12.6.4 Financial Overview
    • 12.6.5 SWOT Analysis
    • 12.6.6 Key Developments
  • 12.7 Kirin Holdings Company Ltd
    • 12.7.1 Key Facts
    • 12.7.2 Business Description
    • 12.7.3 Products and Services
    • 12.7.4 Financial Overview
    • 12.7.5 SWOT Analysis
    • 12.7.6 Key Developments
  • 12.8 ITO EN
    • 12.8.1 Key Facts
    • 12.8.2 Business Description
    • 12.8.3 Products and Services
    • 12.8.4 Financial Overview
    • 12.8.5 SWOT Analysis
    • 12.8.6 Key Developments
  • 12.9 Dilmah Ceylon Tea Company PLC
    • 12.9.1 Key Facts
    • 12.9.2 Business Description
    • 12.9.3 Products and Services
    • 12.9.4 Financial Overview
    • 12.9.5 SWOT Analysis
    • 12.9.6 Key Developments

13. Appendix

  • 13.1 About the Insight Partners
  • 13.2 Glossary

LIST OF TABLES

  • Table 1. US Green Tea Market Revenue and Forecasts to 2027 (US$ Mn)
  • Table 2. Glossary of Terms, US Green Tea Market

LIST OF FIGURES

  • Figure 1. US Green Tea Market Segmentations
  • Figure 3. US Green Tea Market Overview
  • Figure 4. Food and Beverages Held Largest Share in The US Green Tea Market by Type
  • Figure 5. US Green Tea Market, Industry Landscape
  • Figure 6. Blueberry Extract Market Impact Analysis of Driver and Restraints
  • Figure 7. US Green Tea Market Forecast and Analysis, (US$ Mn)
  • Figure 8. Green Tea Market Breakdown, by Type, 2018 & 2027 (%)
  • Figure 9. Green Tea Bags in Green Tea Market, Revenue and Forecast, 2017-2027 (US$ Mn)
  • Figure 10. Green Tea Instant Mixes in Green Tea Market, Revenue and Forecast, 2017-2027 (US$ Mn)
  • Figure 11. Iced Green Tea in Green Tea Market, Revenue and Forecast, 2017-2027 (US$ Mn)
  • Figure 12. Loose Leaf in Green Tea Market, Revenue and Forecast, 2017-2027 (US$ Mn)
  • Figure 13. Others in Green Tea Market, Revenue and Forecast, 2017-2027 (US$ Mn)
  • Figure 14. Green Tea Market Breakdown, by Flavours, 2018 & 2027 (%)
  • Figure 15. Lemon Green Tea Market, Revenue and Forecast, 2017-2027 (US$ Mn)
  • Figure 16. Aloe Vera Green Tea Market, Revenue and Forecast, 2017-2027 (US$ Mn)
  • Figure 17. Cinnamon Green Tea Market, Revenue and Forecast, 2017-2027 (US$ Mn)
  • Figure 18. Vanilla Green Tea Market, Revenue and Forecast, 2017-2027 (US$ Mn)
  • Figure 19. Basil Green Tea Market, Revenue and Forecast, 2017-2027 (US$ Mn)
  • Figure 20. Others Green Tea Market, Revenue and Forecast, 2017-2027 (US$ Mn)
  • Figure 21. US Green Tea Market Breakdown by Distribution Channel, 2018 & 2027 (%)
  • Figure 22. US Green Tea Market Revenue Via Hypermarkets and Supermarkets Forecast, to 2027 (US$ Mn)
  • Figure 23. US Green Tea Market Revenue Via Convenience Stores Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 24. US Green Tea Market Revenue Via Online Revenue and Forecasts to 2027 (US$ Mn)
  • Figure 25. US Green Tea Market Revenue Via Other Retailers Forecasts to 2027 (US$ Mn)
  • Figure 26. Impact of Covid-19 Pandemic In US Markets
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