Green tea Market Estimated to Flourish by 2028

The global green tea market size is estimated to generate a revenue of $34,044.28 million by 2028, increasing from $13,850.94 million in 2020, at a noteworthy CAGR of 11.9%.

Green Tea Market Analysis:

Green tea is an excellent source of antioxidants, minerals, and vitamins and therefore provides various health benefits such as reducing body weight, increasing metabolism, and helping in skin rejuvenation. Also, it is studied that green tea is helpful in managing chronic diseases such as diabetes. For instance, according to an article published in A Sweet Pea Chef, a food blogging site, in 2020, green tea may be helpful in managing various types of cancers such as mouth, tongue, and throat cancer. Such advantages of green tea have made it a popular beverage among millennials and is expected to drive the market of green tea in the forecast time period. Also, growing cases of lifestyle diseases such as stress, diabetes, and anxiety among young working professionals are anticipated to contribute to the growth of the market in the coming years.

However, lack of awareness among rural population in developing countries about the market presence of green tea and its high benefits on the person’s body and mind is likely to hinder the market growth. Also, high cost of the green tea due to its expensive processing cost is likely to restrain the market growth in the future.

Growing demand for green tea and matcha green tea in the market by the consumers to reduce their weight and stress level has provided various opportunities to the tea manufacturing companies to launch new green tea products and develop their product portfolio. Such factors are likely to boost the market growth of green tea in the coming years.

Get Access to the Exclusive PDF Sample of Green Tea market@ https://www.researchdive.com/download-sample/8503

Green Tea Market Segmentation

The green tea market is segmented based on type, form, distribution channel, and region.

Type:

The global green tea market by type is segmented into flavored and unflavored. Flavored green tea sub segment is anticipated to have the fastest market growth and the market shall generate a revenue of $26,330.39 million in 2028.

Form:

The global green tea market by form is segmented into green tea bags, loose green tea leaves, and instant green tea mixes. Green tea bags sub-segment is anticipated to have the highest market share and generate a revenue of $17,997.87 million in 2028.

Distribution Channel:

The global green tea market by distribution channel is segmented into supermarket/hypermarket, convenience store, and online. Online sub-segment is anticipated to have the fastest market growth and generate a revenue of $1,859.13 million in 2028.

Region:

The share of Europe green tea market is anticipated to grow at a CAGR of 13.6%, by registering a revenue of $6,230.10 million by 2028.

Impact Analysis of COVID-19 on the Green Tea Market

During the prevalence of COVID-19 pandemic, green tea market observed a positive growth owing to its high nutrition level and health benefits on the patient’s body. Green tea is rich in antioxidants and nutrients like vitamin C which helps in boosting the person’s immunity. Many researchers have also studied the positive effects of green tea on the patients to cope up from corona virus symptoms. For instance, according to a research paper ‘COVID -19: could green tea catechins reduce the risks?’ published on December 11, 2020, green tea contains various constituents which can be helpful in reducing overall health risks related to COVID-19. Also, many people have focused their preference towards consuming functional beverages like matcha green tea and green tea to boost their immunity. These factors are likely to contribute towards the growth of the market in the pandemic period.

Know-How COVID-19 Pandemic has Impact on the Green Tea Market? Get in Touch with our Expert Analyst@ https://www.researchdive.com/connect-to-analyst/8503

Top 10 Major Key Players in the Green Tea Market are -

1. Unilever Plc.
2. Tata Consumer Products ltd.
3. Typhoo Tea
4. Associated British Foods Plc.
5. The Begilow Tea Company
6. Tazo Tea Company
7. Numi Organic Tea
8. The Republic of Tea, Inc.
9. East West Tea Company LLC.
10. Northern tea Merchants Ltd.

Covaxin vs Covishield: A Comparison between the Covid-19 Vaccines of India

The second wave of Covid-19 pandemic has reminded people the hard times faced during the coronavirus outbreak in 2020 in India. However, there is still an upper hand in 2021 in the fight against Covid-19, and this can be attributed to the nationwide vaccination drive. It has been clear that getting vaccinated is one of the simple yet effective ways to combat the pandemic. Vaccination helps in producing antibodies and boosts the immune system to fight against any infection. Besides, getting Covid-19 vaccination is known to reduce the severity of the infection and helps in lowering the chances of getting hospitalized due to the severe infection caused due to Covid-19. Covaxin Vs Covishield Currently, the Indian Government has approved two vaccines namely Covaxin and Covishield to fight Covid-19. Many people are wondering which vaccine is better among the two, and here is a quick read to help them answer all their queries. Covaxin Covaxin was given approval for by the Indian

Contactless Payment Market size share growth analysis market demand

Contactless payment, also called as a tap-and-go system is a secure mode where the transactions are done using technologies such as NFC (near field communication), RFID (radio frequency identification), infrared, and bluetooth. Contactless payment is hassle-free and convenient for customers as it takes only one-tenth of the time taken by the old-style electronic transaction.Contactless payment is becoming popular owing to its benefits such as secure and fast payments without any need for cash or identifying details. Initially, these type of payments or cards were used for the purpose oftravelling tickets only. But today, this technology has evolved and is helping customers to make payments for almost anything. However, the permissible amount for a contactless payment varies by country and by the bank. Access to PDF Sample Report Here! @ https://www.researchdive.com/download-sample/181 Recent Developments in the Contactless Payment Industry As per a Research Dive blog, the digital e

2-ethylhexyl Caprate Market to Incur Meteoric Growth During 2018-2026

Introduction: 2-Ethylhexyl Caprate Market 2-ethylhexyl caprate , also known as 2-ethylhexyl decanoate, is an organic chemical compound with the molecular formula C18H32O2. In the manufacturing of 2-ethylhexyl caprate, ethyl reacts with hexyl in the presence of caproic acid as a catalyst to form 2-ethylhexyl caproic acid, which on further treatment with esterification process forms a mixture of 2-ethylhexyl caprate crude. This mixture of 2-ethylhexyl caprate crude is distilled to obtain pure 2-ethylhexyl caprate. 2-ethylhexyl caprate finds several applications in chemical, pharmaceutical and textile industries as a reagent, catalyst and excipient. Along with this, 2-ethylhexyl caprate is used in the manufacturing of elastomers and coatings. On the basis of safety, 2-ethylhexyl caprate is the least harmful in the available caprate group and has low vapor pressure, which can reduce hazards while handling as compared to other caprates, such as ethylhexyl palmitate and oth

Industrial Research World

Search This Blog