North America Matcha Tea Market Size, Share & Industry Trends Analysis Report By Product Type (Regular and Flavored), By Form (Powder and Liquid), By Nature (Conventional and Organic), By Distribution Channel, By Country and Growth Forecast, 2022 - 2028
The North America Matcha Tea Market would witness market growth of 6.1% CAGR during the forecast period (2022-2028).
Matcha effectively decreases inflammation and calms sensitive skin due to its high antioxidant content. Matcha includes a substantial quantity of Epigallocatechin Gallate (ECGC), a potent chemical that reduces oxidative stress in the skin and hastens the aging of cells. Matcha used topically facilitates caffeine absorption, resulting in an increase in skin firmness over time. In addition, the methylxanthines included within matcha or matcha green tea increase microcirculation, which promotes healthy skin and improves complexion.
In addition, Matcha's polyphenols protect against environmental degradation and ultraviolet radiation. Yet, both adolescents and adults regularly have hormonal acne. Stress and excess androgen hormones, which encourage sebaceous glands to produce excessive oil, are usually aggravating factors. In addition, acne breakouts can be prevented due to the anti-androgenic properties of ECGC in matcha, which also aid in stress reduction and regulating androgen hormones. Many of these elements are boosting demand and market revenue expansion.
Mexico had considerable growth in household expenditures, a trend towards spending on appearance, and an increase in the number of expatriates settling there. In addition, the rising desire for natural or organic, non-animal-tested, cruelty-free cosmetics and eco-friendly packaging designs is anticipated to boost the industry. Increasing aesthetic consciousness among male consumers and a rise in companies entering the online retail industry are driving the expansion of cosmetics in Mexico. The rise in the demand for organic cosmetic products is expected to increase the utilization of matcha tea as it is used in various organic cosmetic products due to its high level of antioxidants and other nutrients, which will propel the market growth in the region.
The US market dominated the North America Matcha Tea Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $720.5 million by 2028. The Canada market is poised to grow at a CAGR of 8.2% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.9% during (2022 - 2028).
Based on Product Type, the market is segmented into Regular and Flavored. Based on Form, the market is segmented into Powder and Liquid. Based on Nature, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Specialty Store, Foodservice, Online Store, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A., The Hain Celestial Group, Inc., Ito En, Ltd., Tata Consumer Products Limited (Tata Group), The AOI Tea Company, Ikeda Tea World, Marukyu Koyamaen Co., Ltd., Encha Life LLC, Mizuba Tea Co. and Green Foods Corp.
Scope of the Study
Market Segments covered in the Report:
By Product Type
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