Insights on the Green Tea Industry in North America to 2027 - by Type, Flavour, Distribution Channel and Geography - ResearchAndMarkets.com

DUBLIN--()--The "North America Green Tea Market to 2027 - Regional Analysis and Forecasts by Type; Flavour; Distribution Channel, and Geography" report has been added to ResearchAndMarkets.com's offering.

The North American green tea market was valued at US$ 1,244.4 million in 2018 and is projected to reach to US$ 2,167.1 million by 2027; it is expected to grow at a CAGR of 6.4% from 2019 to 2027.

Green tea is prepared by pan-frying and steaming the leaf buds and dried leaves of the Camellia sinensis plant, followed by drying them. The manufacturing of green tea does not involve the process of withering and oxidation. The tea leaves are not fermented and therefore do not undergo the process of oxidation as in the case of black tea. The tea is known to be effective in managing various health issues, such as depression and various cancer types, such as lung cancer, liver cancer, colon cancer, and gastric cancer. A few of the scientific studies have also proven that the consumption of green tea is beneficial in enhancing the thinking skills, and lowering cholesterol and triglycerides levels in the body.

Moreover, its consumption is known to prevent cancer, liver cirrhosis, obesity, blood pressure, and many other chronic diseases. Several research studies have also proved that drinking green tea helps to speed up metabolism and also helps to control weight. A drink made by combining green tea and lemon juice offers numerous health benefits through anti-inflammatory and antimicrobial properties. The availability of this tea in unique flavors, with rich aroma and taste is driving the demand for green tea. Currently, the RTD green tea beverage consumption is continuously growing with the rise in disposable income and increasing buying power of consumers.

Several green team market players present in North America include Finlays, Kirin Holdings Company, AriZona Beverage Co., Associated British Foods plc., Nestle, ITO EN, Tata Global Beverages, and Unilever.

The overall North American green tea market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North American green tea market.

Reasons to Buy:

  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America green tea market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Market Dynamics

Drivers

  • Health Benefits of Flavored Green Tea
  • Cumulative M&A Activities and Product Launches

Restraints

  • Higher Price of Green Tea as Compared to Other Tea

Opportunities

  • Introduction of New Flavours and Attractive Packaging

Trends

  • Surge in Consumption of Premium RTD Green Tea Flavoured Beverages

Companies Mentioned

  • Finlays
  • Kirin Holdings Company
  • AriZona Beverage Co.
  • Associated British Foods plc.
  • Nestle
  • ITO EN
  • Tata Global Beverages
  • Unilever

For more information about this report visit https://www.researchandmarkets.com/r/tagizn

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900