Matcha Products Market - Global Industry Analysis and Forecast – 2027


Posted April 7, 2021 by Vaibhavwa_mrfr21

MarketResearchFuture Presents “Matcha Products Market Research Report –Global Forecast to 2027” New Document to its Studies Database
 
Market Overview

Matcha is a fine grounded powder of green tea leaves which is grown in China and Japan. Matcha based products are rich in anti-oxidants, vitamins, minerals and amino acids. Matcha powder is mostly used in beverage industry to manufacture green tea and smoothies. Matcha helps in curing chronic diseases such as diabetes and obesity, this has increased the consumer shift towards the use of matcha products. Increasing population demand for superior quality healthy drinks and consumer acceptance in the population is primarily driving the global market for matcha products.

Competitive Analysis

The major players in the matcha products Industry

AIYA (Japan)

AOI Tea Company (Canada)

Ippodo Tea Co., Ltd (Japan)

Encha (Japan)

TEAJA Organic (Canada)

Midori Spring LTD. (Japan)

ITO EN, LTD.(Japan)

Matcha products market is growing rapidly owing to increasing demand from most of the countries, and intensifying market opportunities. Moreover, focus is on R&D to boost the matcha products market over the forecast period 2017-2023.

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Downstream Analysis

Matcha products industry is segmented on the basis of grade, which includes ceremonial, classic, culinary, others. Among all, classic grade dominates the market, owing to because high nutrient contents and has wide range applicability. This grade is also comparatively cheaper than ceremonial and culinary grade.

The global matcha products industry is segmented on the basis of application, which includes food, beverage, cosmetic & personal care, nutraceuticals, others. Among all, application in beverages show a high share. However, demand in food and nutraceuticals industry are projected to rise during the forecast period.

Match products industry has been segmented on the basis of distribution channel, which comprises of store based (supermarkets/hypermarkets, specialty retailers, convenience stores, and others), and non-store based (e-commerce). Sale through store based channels is dominating the market due to convenient one-stop shopping experience of the consumers.

Regional Analysis

The global matcha products market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific region is dominating the matcha products market followed by North America. In Asia Pacific region, Japan and China are the major consumers of matcha products and matcha-based beverages. High consumption rate of nutrient-rich beverage and food owing to its health benefits has led to the growth of the matcha products market in this region, However, North America is projected to grow rapidly owing to its consumer shift towards nutrient-rich food and beverages.

Furthermore, Australia, India & Singapore are expected to show a high market share of the global matcha products market in Asia Pacific region.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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Issued By MRFR
Business Address Office No. 528/524, Amanora Chambers, Magarpatta Road, Hadapsar Pune, Maharashtra 411028
Country India
Categories Business , Food
Tags matcha products market
Last Updated April 7, 2021