San Francisco 2 May 2019 The
Report Matcha Market Analysis By Grade (Ceremonial, Classic, Culinary), By Application
(Regular Tea, Matcha Beverages, Food, Personal Care), By Region, And Segment
Forecasts, 2018 - 2025
The global matcha market is expected to reach USD 5.07 billion by 2025, according
to a new report by Grand View Research, Inc. Rising prevalence of chronic
diseases has augmented the demand for healthy and nutrient-rich food &
beverage alternatives. Anti-oxidant and vitamin-rich composition of matcha tea
has fueled the product demand across the globe.
Anti-oxidants, including epigallocatechin
gallate (EGCG), prevent diseases such as cancer, Type-2 diabetes,
cardiovascular problems. EGCG present in the product can repair DNA damage
caused by UV radiation and controls the proliferation of cancerous cells. The
product also has the potential to reduce stress and promotes a state of
relaxation. L-theanine present in the product acts in a synergistic way to
activate alpha waves in the brain and thus improves brain functioning.
Furthermore, high chlorophyll content of the product prevents toxin
accumulation in body.
Key product grades available in the
industry include ceremonial, classic, and culinary. Ceremonial accounts to be
the most expensive product grade owing to its superior and high-quality
production process. Classic grade is the most widely consumed variety, owing to
its enhanced taste and flavor. The demand for culinary grade is predicted to
grow at a robust pace, due to emerging use in bakery and cooking applications.
Asia Pacific held the largest share of the
global industry revenues in 2016, owing to traditional tea culture in Japan and
China. The product was majorly consumed in form of regular tea, followed by
other beverages in Asia Pacific. Experiment and innovation led to the
preparation of various beverages, including smoothies, lattes, and juices.
Various cafes and food chains have incorporated various matcha tea-based foods
and beverages in their product portfolios. North America has exhibited spurring
demand over the recent past, owing to heightened consumer awareness in the U.S.
Access Research Report of Matcha Market@ http://www.grandviewresearch.com/industry-analysis/matcha-market
Further key findings from the report suggest:
· The global matcha market was valued at USD
2.62 billion in 2016 and is expected to grow at a CAGR of 7.6% from 2017 to
2025, owing to rising consumer awareness regarding product features, such as
detoxification, anti-ageing, and improvements to immune system
· Culinary grade is estimated to be the
fastest-growing segment of the overall product industry, over the forecast
period, driven by the rapidly growing use of the product in formulation of
snacks, desserts, bakery, and confectionery items
· Classic grade was the largest segment of
the industry, accounting for around 56% share of the global revenue in 2016,
owing to the superior health benefits offered by this product grade
· Regular tea application segment is
expected to dominate the global market, owing to energy stimulation and
detoxifying properties of the product
· North America is expected to witness
considerable growth over the forecast years, drive by the rising number of
outlets selling matcha-based beverages in the U.S. market
· Key players in the industry are focusing on
expanding their product portfolios along with organizing events to boost
consumer awareness, with the objective of sustaining major shares of the
overall industry revenues
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has
segmented the global matcha market on the basis of grade, application and
region:
Matcha Grade Outlook (Volume, Tons;
Revenue, USD Million, 2014 - 2025)
·
Ceremonial
·
Classic
·
Culinary
Matcha Application Outlook (Volume, Tons;
Revenue, USD Million, 2014 - 2025)
·
Regular tea
·
Matcha beverages
·
Food
·
Personal care
Matcha Regional Outlook (Volume, Tons;
Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
Access Press Release of
Matcha Market@ https://www.grandviewresearch.com/press-release/global-matcha-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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