Matcha Products Market Research with Quality Analysis of Top Companies with Demand and Forecast


 Matcha Products Market Scope

The matcha products market is poised to expand at 7.50 % CAGR over the forecast period. It was valued at USD 3.90 billion in 2032.

The shift from tea to other applications such as foods, beverages, bakery items, and others can provide scope for growth in the market. Health benefits of consumption of matcha and huge prevalence of lifestyle diseases can bode well for the matcha products market share and drive sales. The increasing wave of health-consciousness can facilitate market growth.

The outbreak of the COVID-19 pandemic is likely to fuel sales of matcha products as consumers stay indoors. In addition, efforts by customers to enhance their immunity levels can bode well for the market. The potential of matcha to lower stress levels and improve brain functioning can lead to procurement of matcha-based foods and beverages.

Competition Outlook

Mizuba Tea Co., Ippodo Tea Co., ITO EN, LTD, AIYA, Midori Springs Ltd., Andrews & George Co Ltd, Kissa Tea GmbH, TEAJA Organic, Matcha Maiden, and The AOI Tea Company are key players of the global matcha products market.

Segmentation

The global matcha products market has been segmented by grade and application.

By grade, the global matcha products market has been bifurcated into ceremonial, standard, and culinary. The standard grade is expected to gain revenue in the market due to affordable prices of its products and its heavy consumption as compared to ceremonial.

Based on application, the global matcha products market has been classified into beverages, sweet & savory snacks, bakery & confectionery, dairy & frozen desserts, and others. Beverages and bakery & confectionery applications can evoke a huge demand in the market. The penchant of customers for trying exotic foods and a palate for new tastes can bode well for the market till the end of the forecast period.

Regional Analysis

The matcha products market research has been studied with regards to four key regions—North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

APAC is expected to lead the global matcha products market due to traditional use of matcha for tea in China and Japan. Huge levels of anti-oxidants can drive customers towards purchasing these items. In addition, prevalence of diseases due to lifestyle changes will lead to huge sales of matcha due to its health benefits. Consumption of low-calorie beverages as well as establishment of cafes and restaurants which serve matcha products lead to a bullish growth for the market in the region.

North America is set to grow at a rapid pace during the forecast period due to a sizeable vegan population and inclination towards healthy products. The move by various cafes and beverage chains attempting to capitalize on the trend of health-consciousness has launched matcha-based items. High awareness levels may also play a vital role in the global matcha products market.

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About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

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