The green tea market was valued at US$ 12,777.6 million in 2018 and is expected to grow at a CAGR of 6.0% from 2019 to 2027 to reach US$ 21,456.2 million by 2027.
In 2018, Asia Pacific region holds the largest share in the global green tea market. The largest market share of the Asia Pacific region is primarily attributed to changes in lifestyle patterns of consumers and preference toward healthy and natural food products. The demand for green tea is expected to increase in the region with the growing awareness of the health benefits attributed with the consumption of green tea. The green tea manufacturers are expanding their production activities in developed countries such as China, India, Japan, and South Korea so as to meet the rising demands of green tea in the region which is further expected to expand the growth of the Green tea market in the region.
(**Note: The sample of this report is updated with COVID-19 impact analysis**)
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- AriZona Beverage Co.
- Associated British Foods plc
- Dilmah Ceylon Tea Company PLC.
- Hankook Tea
- ITO EN
- Kirin Holdings Company Ltd
- Nestle S.A.
- Tata Global Beverages
Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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