Global Matcha Tea Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Match Tea is famous for its taste and bright green hue; its a finely ground green tea mainly made and enjoyed in Japan known for its health benefits and antioxidant effects worldwide too! its been added to a range of treats from drinks like lattes and smoothies to snacks like pastries and cereals, beyond traditional Japanese tea ceremonies. The diverse uses of this item along, with the growing popularity of cafes have led to trends that are greatly boosting its demand.
Market Key Insights
- The Matcha Tea market is projected to grow from $5.1 billion in 2024 to $10.2 billion in 2034. This represents a CAGR of 7.1%, reflecting rising demand across Culinary Uses, Cosmetics & Personal Care and Nutraceuticals & Dietary Supplements.
- The market leaders Aiya America and DoMatcha and Encha operate as major competitors which define the competitive dynamics of this market.
- Japan and U.S. are the top markets within the Matcha Tea market and are expected to observe the growth CAGR of 4.6% to 6.8% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and UAE are expected to observe highest growth with CAGR ranging between 8.2% to 9.8%.
- The Going Green transition will drive $700.0 million worth of growth for the Matcha Tea market throughout 2030.
- The Matcha Tea market is set to add $5.0 billion between 2024 and 2034, with manufacturer targeting Nutraceutical & Dietary Supplements & Cosmetics & Skincare End-User Applications projected to gain a larger market share.
- With Health and wellness trend, and Versatile applications, Matcha Tea market to expand 99% between 2024 and 2034.
Opportunities in the Matcha Tea
The progress in technology presents an opportunity, for enhancing the processing and packaging of Match Tea by improving preservation techniques that can prolong its shelf life and maintain its quality when consumed. With the incorporation of ML and AI production and distribution processes can also be streamlined for efficiency.
Growth Opportunities in North America and Asia Pacific
North America Outlook
Asia Pacific Outlook
Market Dynamics and Supply Chain
Driver: Health and Wellness Trend
Matchа Tea isnt about sipping on a hot beverage. Its distinct taste and health perks have also paved the way for its inclusion in various food items and skincare essentials too! From chocolates, with a dash of matchа to skincare goodies harnessing its goodness the possibilities are also endless! This adaptability not only boosts its popularity but also attracts a wider audience to indulge in the world of Matchа Tea.
Restraint: High-Price Point
Opportunity: Venturing into Untapped Segments and Strategic Collaborations with Fitness and Lifestyle Brands
Established partnerships and alliances with wellness companies and lifestyle influencers well as collaboration with fitness platforms have the potential to increase the visibility of Match Tea to a wider audience group. By presenting Match Tea as an addition, to fitness regimens and dietary plans it can attract individuals looking for organic and health conscious lifestyle alternatives.
Challenge: Limited Consumer Awareness
Supply Chain Landscape
Yamamasa Koyamaen
Marukyu Koyamaen
Ito En Ltd.
Aiya America Inc
Unilever
Mighty Leaf Tea Company
Starbucks Corporation
Whole Foods Market Inc
Yamamasa Koyamaen
Marukyu Koyamaen
Ito En Ltd.
Aiya America Inc
Unilever
Mighty Leaf Tea Company
Starbucks Corporation
Whole Foods Market Inc