The North America green tea leaves market size was valued at $1,191.1 million in 2019, and is projected to grow at a CAGR of 6.8% from 2020 to 2027 to reach the market value of $1,519.9 million by 2027. By type, matcha was the most prominent segment in 2019, accounting for the highest share, and is expected to continue this trend throughout the forecast period. Green tea is an aromatic beverage derived from the plant, Camellia sinensis. This beverage is often prized by consumers due to rich micronutrients such as antioxidants, potassium, manganese, magnesium, and calcium. Regular consumption of tea helps reduce cell damage caused due to free radicals as well as lowers cholesterol levels and facilitates healthy weight loss.
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The players in the North America green tea leaves industry have adopted business expansion as their key development strategy to increase profitability and to improve stance in the North America green tea leaves market share. The key players have relied on product launch to improve their product portfolio and stay competitive in the market. The key players profiled in the report include Harney And Sons, Matchabar, Chacha Matcha, Matchaful, Mizubatea Co., Aiya Matcha, Encha, Kettl Tea, ITO-EN, Hibiki-An, In Pursuit Of Tea, Mariage Freres, and Rishi Tea.
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The North America green tea leaves market is segmented on type, nature, distribution channel, and country. By type, the market is divided into matcha, sencha, gyokuro, longjing, and others. On the basis of nature, it is fragmented into organic and conventional. Depending on distribution channel, it is categorized into supermarkets/hypermarkets, specialty stores, food service, & others. Country wise, the North America green tea leaves market is analyzed across the U.S., Canada, and Mexico.
Key Benefits of the Report:
- The report provides a quantitative analysis of the current North America green tea leaves market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
- Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis and the market size and segmentation assists to determine the prevailing North America green tea leaves market opportunities.
- The major countries in North America region are mapped according to their revenue contribution to the regional market.
- The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the industry.
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