Report Code: CMI28179

Published Date: August 2023

Pages: 220+

Category: Consumer Goods

Report Snapshot

CAGR: 17.5%
334.6M
2022
354.8M
2023
536.9M
2032

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Compass Tea Company
  • Davidson’s Organics
  • Little Red Cup Tea Co.
  • Numi Inc.
  • PepsiCo
  • Others

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Reports Description

As per the current market research conducted by CMI Team, the global Organic Green Tea Market is expected to record a CAGR of 17.5% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 334.6 million. By 2032, the valuation is anticipated to reach USD 536.9 million.

The Organic Green Tea market refers to the segment of the tea industry that focuses on the production, distribution, and consumption of organic green tea. Organic green tea is grown and processed without the use of synthetic chemicals, pesticides, or genetically modified organisms (GMOs). It is cultivated using environmentally friendly and sustainable farming practices that promote soil health, biodiversity, and natural pest management.

Organic green tea has gained popularity due to increasing consumer awareness about the potential health benefits of consuming organic products and the desire to support sustainable and eco-friendly agricultural practices.

Green tea, in general, is known for its potential health-promoting properties, including antioxidants, polyphenols, and other bioactive compounds that may have positive effects on metabolism, heart health, brain function, and more.

The organic green tea market encompasses various aspects:

  • Production: This involves the cultivation of tea plants using organic farming methods. Organic green tea is typically grown without the use of synthetic pesticides, herbicides, or chemical fertilizers.
  • Processing: After harvesting, the tea leaves are processed using organic methods, which may include steaming, pan-firing, rolling, and drying. These processes preserve the natural compounds and flavors of the tea leaves.
  • Packaging: Organic green tea is packaged and labeled as organic, complying with relevant organic certifications and regulations.
  • Distribution: Organic green tea is distributed through various channels, including supermarkets, health food stores, specialty tea shops, and online platforms.
  • Consumption: Consumers purchase and consume organic green tea for its potential health benefits and as a choice aligned with their environmental and ethical values.
  • Varieties: The organic green tea market offers various varieties and blends, such as matcha, sencha, genmaicha, jasmine green tea, and more.
  • Health and Wellness: The market often emphasizes the potential health benefits of consuming organic green tea, which may include antioxidant properties, weight management, and relaxation.

Organic Green Tea Market – Significant Growth Factors

  • Health Consciousness: Growing awareness among consumers about the potential health benefits of consuming organic products, including organic green tea, has driven demand. Green tea is often associated with antioxidants and other bioactive compounds that may contribute to overall health and well-being.
  • Rise in Organic and Natural Trends: The broader trend toward organic and natural foods has influenced the demand for organic green tea. Consumers are seeking products that are free from synthetic chemicals and are produced using sustainable farming practices.
  • Environmental Concerns: Increasing concerns about the environment and sustainability have led consumers to choose products that are produced using eco-friendly methods. Organic farming practices used in cultivating green tea align with these environmental considerations.
  • Preference for Specialty Teas: As consumers become more discerning about their tea choices, there has been a growing interest in specialty teas like organic green tea. These teas offer unique flavors, aromas, and potential health benefits that appeal to a diverse range of consumers.
  • Positive Perception of Green Tea: Green tea, in general, has a positive reputation for its potential health-promoting properties. The perception that organic green tea offers even greater health benefits due to its organic cultivation methods has contributed to its growth.
  • Increased Availability: The availability of organic green tea has expanded through various distribution channels, including supermarkets, health food stores, specialty tea shops, and online platforms. This increased accessibility has made it easier for consumers to find and purchase organic green tea products.
  • Cultural and Traditional Associations: Green tea has deep cultural and traditional roots in countries such as China, Japan, and India. As these cultural influences spread and gain appreciation in other parts of the world, the demand for authentic organic green tea has risen.
  • Marketing and Education: Marketing efforts and educational campaigns that highlight the benefits of organic green tea, its production methods, and its potential impact on health and the environment have contributed to its growth.
  • Innovation and Product Diversity: The organic green tea market has seen innovation in terms of product offerings, such as flavored organic green teas, blends, and convenient packaging formats. This diversification appeals to a wider consumer base.
  • Media and Celebrity Endorsements: Positive coverage in media, as well as endorsements from celebrities and influencers, have helped raise awareness and interest in organic green tea.

Global Organic Green Tea Market 2023–2032 (By Taste)

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Organic Green Tea Market – Mergers and Acquisitions

In June 2019, Sariwangi, an Indonesian tea brand under the ownership of Unilever, unveiled an innovative addition to its product portfolio. This new line of 3-in-1 organic green tea products introduced two enticing flavors of powdered milk tea: caramel and Teh Tarik.

During the month of May 2019, Wagh Bakri Tea Group, a prominent premium tea company headquartered in Gujarat, India, made a significant announcement as part of its centennial festivities. The company introduced novel packaging solutions for its assortment of organic teas, showcasing its commitment to quality and innovation.

In a strategic move aimed at leveraging technology and expanding market presence, Ajinomoto General Foods Inc., a key player in the organic green tea market, collaborated with the global technology leader, Accenture plc, in November 2019. This joint venture took shape in Japan and reflects a convergence of strengths to capitalize on opportunities in the organic tea industry.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Organic Green Tea Market Organic Coffee Market Tea Tree Oil Market
CAGR 17.5% (Approx) CAGR 9.5% (Approx) CAGR 6% (Approx)
USD 536.9 Million by 2032 USD 14.55 Billion by 2032 USD 85 Million by 2030

Organic Green Tea Market – Significant Threats

  • Competition from Conventional Tea: Conventional tea products, which may be cheaper due to non-organic production methods, can pose a threat by attracting price-sensitive consumers away from organic options.
  • Mislabeling and Fraud: There is a risk of mislabeling or fraudulent claims about the organic status of tea products. Such incidents can erode consumer trust in the authenticity of organic green tea brands.
  • Supply Chain Issues: Challenges in the organic green tea supply chain, such as crop failure, weather-related disruptions, or labor shortages, can impact the availability and quality of products.
  • Regulatory Changes: Changes in organic certification regulations or other relevant regulations could affect the production, labeling, and marketing of organic green tea.
  • Health Scares or Contaminants: Any health-related concerns, such as contamination or the presence of harmful substances, can severely damage the reputation and consumer confidence in organic green tea.
  • Consumer Perception Shifts: A shift in consumer preferences away from tea consumption or organic products could lead to decreased demand for organic green tea.
  • Economic Factors: Economic downturns or fluctuations can impact consumer spending patterns, potentially leading to reduced demand for premium-priced organic products like green tea.
  • Environmental Factors: Climate change and environmental challenges could affect tea cultivation and production, potentially leading to supply disruptions.
  • Global Trade and Political Issues: Trade disputes, tariffs, or political tensions can affect the import and export of organic green tea, impacting the market’s global dynamics.
  • Changing Lifestyle Trends: Shifts in consumer lifestyles and preferences could lead to changes in beverage consumption habits, impacting the demand for organic green tea.
  • Negative Publicity: Negative media coverage, social media trends, or influencer opinions can quickly influence consumer perceptions and impact sales.
  • Counterfeit Products: Counterfeit organic green tea products may enter the market, undermining genuine brands’ reputations and sales.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 354.8 Million
Projected Market Size in 2032 USD 536.9 Million
Market Size in 2022 USD 334.6 Million
CAGR Growth Rate 17.5% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Product, Taste, Form, Distribution Channel and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-Wise Insights

Based on Product:

In 2023, products derived from Camellia sinensis held the largest market share, comprising over 72.6% of the total. The widespread availability of these products has facilitated their global adoption. Industry players have been dedicating increased resources to create novel offerings within the white, black, green, and oolong tea categories, catering to diverse preferences and health considerations.

The herbal tea segment is projected to experience the most rapid expansion during the forecast period, with a remarkable Compound Annual Growth Rate (CAGR) of 17.1% from 2020 to 2027. This accelerated growth can be attributed to the growing awareness of healthy lifestyles among Generation X, Y, and Z. The herbal tea category encompasses a broad spectrum of options, including chamomile, peppermint, ginger, hibiscus, eBrazilcea, rooibos, sage, lemon balm, rosehip, and passionflower, offering a plethora of choices to consumers.

Based on Taste:

In 2023, the dominant share, surpassing 81.3%, was held by flavored organic products. The infusion of flavor into these products is achieved through the incorporation of inclusions and extracts. Inclusions encompass elements such as dried fruit pieces, herbs, spices, and blossoms, which are directly introduced to the tea leaves. This infusion serves both visual and sensory purposes, enhancing the overall tea experience.

Similarly, a diverse range of extracts and essential oils sourced from leaves, fruits, blossoms, roots, and other plant components are employed. These extracts bear distinct aromas or flavors, contributing to the tea’s unique character.

The process of extracting these essences can be intricate. For instance, the creation of vanilla flavor involves immersing the vanilla bean in alcohol, necessitating a meticulous procedure. In contrast, some flavors are more straightforward to obtain; for instance, the extraction of lemon flavor entails pressing lemon peel to yield oil.

Global Organic Green Tea Market 2023–2032 (By Million)

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Organic Green Tea Market – Regional Analysis

Asia-Pacific:

  • Asia-Pacific holds a significant share of the organic green tea market due to its historical association with tea cultivation, particularly in countries like China, Japan, and India.
  • China and Japan are major producers of green tea, both conventionally and organically. The region benefits from its traditional tea culture and growing global demand for organic products.
  • Rising health consciousness, urbanization, and export opportunities have contributed to the growth of the organic green tea market in this region.

North America:

  • North America has witnessed a growing demand for organic products, including green tea, due to increasing health awareness and preference for natural and sustainable options.
  • The United States and Canada are key markets for organic green tea, with consumers seeking products aligned with health trends and ethical considerations.

Europe:

  • Europe has shown a rising interest in organic and healthy beverages, driving the demand for organic green tea.
  • Countries like Germany, the United Kingdom, and France have notable consumption of organic green tea, often due to their well-established health and wellness markets.

Global Organic Green Tea Market 2023–2032 (By Form)

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List of the prominent players in the Organic Green Tea Market:

  • Compass Tea Company
  • Davidson’s Organics
  • Little Red Cup Tea Co.
  • Numi Inc.
  • PepsiCo
  • The Coca-Cola Company
  • The Hain Celestial Group Inc.
  • Tielka
  • Unilever
  • Wessanen
  • Others

The Organic Green Tea Market is segmented as follows:

By Product

  • Camelia Sinesis Based
    • White
    • Black
    • Green
    • Oolong
    • Others
  • Herbal

By Taste

  • Flavored
  • Plain

By Form

  • Tea Bag
  • Leaf & Powder
  • Liquid

By Distribution Channel

  • Hypermarkets & Supermarkets
  • Convenience Stores
  • Online & D2C
  • Others

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Organic Green Tea Market, (2024 – 2033) (USD Million)
    • 2.2 Global Organic Green Tea Market : snapshot
  • Chapter 3. Global Organic Green Tea Market – Industry Analysis
    • 3.1 Organic Green Tea Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Health Consciousness
      • 3.2.2 Rise in Organic and Natural Trends
      • 3.2.3 Environmental Concerns
      • 3.2.4 Preference for Specialty Teas
      • 3.2.5 Positive Perception of Green Tea
      • 3.2.6 Increased Availability
      • 3.2.7 Cultural and Traditional Associations
      • 3.2.8 Marketing and Education
      • 3.2.9 Innovation and Product Diversity
      • 3.2.10 Media and Celebrity Endorsements.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product
      • 3.7.2 Market attractiveness analysis By Taste
      • 3.7.3 Market attractiveness analysis By Form
      • 3.7.4 Market attractiveness analysis By Distribution Channel
  • Chapter 4. Global Organic Green Tea Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Organic Green Tea Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Organic Green Tea Market – Product Analysis
    • 5.1 Global Organic Green Tea Market overview: By Product
      • 5.1.1 Global Organic Green Tea Market share, By Product , 2022 and – 2033
    • 5.2 Camelia Sinesis Based
      • 5.2.1 Global Organic Green Tea Market by Camelia Sinesis Based, 2024 – 2033 (USD Million)
    • 5.3 White
      • 5.3.1 Global Organic Green Tea Market by White, 2024 – 2033 (USD Million)
    • 5.4 Black
      • 5.4.1 Global Organic Green Tea Market by Black, 2024 – 2033 (USD Million)
    • 5.5 Green
      • 5.5.1 Global Organic Green Tea Market by Green, 2024 – 2033 (USD Million)
    • 5.6 Oolong
      • 5.6.1 Global Organic Green Tea Market by Oolong, 2024 – 2033 (USD Million)
    • 5.7 Others
      • 5.7.1 Global Organic Green Tea Market by Others, 2024 – 2033 (USD Million)
    • 5.8 Herbal
      • 5.8.1 Global Organic Green Tea Market by Herbal, 2024 – 2033 (USD Million)
  • Chapter 6. Global Organic Green Tea Market – Taste Analysis
    • 6.1 Global Organic Green Tea Market overview: By Taste
      • 6.1.1 Global Organic Green Tea Market share, By Taste , 2022 and – 2033
    • 6.2 Flavored
      • 6.2.1 Global Organic Green Tea Market by Flavored, 2024 – 2033 (USD Million)
    • 6.3 Plain
      • 6.3.1 Global Organic Green Tea Market by Plain, 2024 – 2033 (USD Million)
  • Chapter 7. Global Organic Green Tea Market – Form Analysis
    • 7.1 Global Organic Green Tea Market overview: By Form
      • 7.1.1 Global Organic Green Tea Market share, By Form , 2022 and – 2033
    • 7.2 Tea Bag
      • 7.2.1 Global Organic Green Tea Market by Tea Bag, 2024 – 2033 (USD Million)
    • 7.3 Leaf & Powder
      • 7.3.1 Global Organic Green Tea Market by Leaf & Powder, 2024 – 2033 (USD Million)
    • 7.4 Liquid
      • 7.4.1 Global Organic Green Tea Market by Liquid, 2024 – 2033 (USD Million)
  • Chapter 8. Global Organic Green Tea Market – Distribution Channel Analysis
    • 8.1 Global Organic Green Tea Market overview: By Distribution Channel
      • 8.1.1 Global Organic Green Tea Market share, By Distribution Channel , 2022 and – 2033
    • 8.2 Hypermarkets & Supermarkets
      • 8.2.1 Global Organic Green Tea Market by Hypermarkets & Supermarkets, 2024 – 2033 (USD Million)
    • 8.3 Convenience Stores
      • 8.3.1 Global Organic Green Tea Market by Convenience Stores, 2024 – 2033 (USD Million)
    • 8.4 Online & D2C
      • 8.4.1 Global Organic Green Tea Market by Online & D2C, 2024 – 2033 (USD Million)
    • 8.5 Others
      • 8.5.1 Global Organic Green Tea Market by Others, 2024 – 2033 (USD Million)
  • Chapter 9. Organic Green Tea Industry – Regional Analysis
    • 9.1 Global Organic Green Tea Industry Regional Overview
    • 9.2 Global Organic Green Tea Industry Share, by Region, 2022 & – 2033 (USD Million)
    • 9.3. North America
      • 9.3.1 North America Organic Green Tea Industry, 2024 – 2033 (USD Million)
        • 9.3.1.1 North America Organic Green Tea Industry, by Country, 2024 – 2033 (USD Million)
    • 9.4 North America Organic Green Tea Industry, by Product , 2024 – 2033
      • 9.4.1 North America Organic Green Tea Industry, by Product , 2024 – 2033 (USD Million)
    • 9.5 North America Organic Green Tea Industry, by Taste , 2024 – 2033
      • 9.5.1 North America Organic Green Tea Industry, by Taste , 2024 – 2033 (USD Million)
    • 9.6 North America Organic Green Tea Industry, by Form , 2024 – 2033
      • 9.6.1 North America Organic Green Tea Industry, by Form , 2024 – 2033 (USD Million)
    • 9.7 North America Organic Green Tea Industry, by Distribution Channel , 2024 – 2033
      • 9.7.1 North America Organic Green Tea Industry, by Distribution Channel , 2024 – 2033 (USD Million)
    • 9.8. Europe
      • 9.8.1 Europe Organic Green Tea Industry, 2024 – 2033 (USD Million)
        • 9.8.1.1 Europe Organic Green Tea Industry, by Country, 2024 – 2033 (USD Million)
    • 9.9 Europe Organic Green Tea Industry, by Product , 2024 – 2033
      • 9.9.1 Europe Organic Green Tea Industry, by Product , 2024 – 2033 (USD Million)
    • 9.10 Europe Organic Green Tea Industry, by Taste , 2024 – 2033
      • 9.10.1 Europe Organic Green Tea Industry, by Taste , 2024 – 2033 (USD Million)
    • 9.11 Europe Organic Green Tea Industry, by Form , 2024 – 2033
      • 9.11.1 Europe Organic Green Tea Industry, by Form , 2024 – 2033 (USD Million)
    • 9.12 Europe Organic Green Tea Industry, by Distribution Channel , 2024 – 2033
      • 9.12.1 Europe Organic Green Tea Industry, by Distribution Channel , 2024 – 2033 (USD Million)
    • 9.13. Asia Pacific
      • 9.13.1 Asia Pacific Organic Green Tea Industry, 2024 – 2033 (USD Million)
        • 9.13.1.1 Asia Pacific Organic Green Tea Industry, by Country, 2024 – 2033 (USD Million)
    • 9.14 Asia Pacific Organic Green Tea Industry, by Product , 2024 – 2033
      • 9.14.1 Asia Pacific Organic Green Tea Industry, by Product , 2024 – 2033 (USD Million)
    • 9.15 Asia Pacific Organic Green Tea Industry, by Taste , 2024 – 2033
      • 9.15.1 Asia Pacific Organic Green Tea Industry, by Taste , 2024 – 2033 (USD Million)
    • 9.16 Asia Pacific Organic Green Tea Industry, by Form , 2024 – 2033
      • 9.16.1 Asia Pacific Organic Green Tea Industry, by Form , 2024 – 2033 (USD Million)
    • 9.17 Asia Pacific Organic Green Tea Industry, by Distribution Channel , 2024 – 2033
      • 9.17.1 Asia Pacific Organic Green Tea Industry, by Distribution Channel , 2024 – 2033 (USD Million)
    • 9.18. Latin America
      • 9.18.1 Latin America Organic Green Tea Industry, 2024 – 2033 (USD Million)
        • 9.18.1.1 Latin America Organic Green Tea Industry, by Country, 2024 – 2033 (USD Million)
    • 9.19 Latin America Organic Green Tea Industry, by Product , 2024 – 2033
      • 9.19.1 Latin America Organic Green Tea Industry, by Product , 2024 – 2033 (USD Million)
    • 9.20 Latin America Organic Green Tea Industry, by Taste , 2024 – 2033
      • 9.20.1 Latin America Organic Green Tea Industry, by Taste , 2024 – 2033 (USD Million)
    • 9.21 Latin America Organic Green Tea Industry, by Form , 2024 – 2033
      • 9.21.1 Latin America Organic Green Tea Industry, by Form , 2024 – 2033 (USD Million)
    • 9.22 Latin America Organic Green Tea Industry, by Distribution Channel , 2024 – 2033
      • 9.22.1 Latin America Organic Green Tea Industry, by Distribution Channel , 2024 – 2033 (USD Million)
    • 9.23. The Middle-East and Africa
      • 9.23.1 The Middle-East and Africa Organic Green Tea Industry, 2024 – 2033 (USD Million)
        • 9.23.1.1 The Middle-East and Africa Organic Green Tea Industry, by Country, 2024 – 2033 (USD Million)
    • 9.24 The Middle-East and Africa Organic Green Tea Industry, by Product , 2024 – 2033
      • 9.24.1 The Middle-East and Africa Organic Green Tea Industry, by Product , 2024 – 2033 (USD Million)
    • 9.25 The Middle-East and Africa Organic Green Tea Industry, by Taste , 2024 – 2033
      • 9.25.1 The Middle-East and Africa Organic Green Tea Industry, by Taste , 2024 – 2033 (USD Million)
    • 9.26 The Middle-East and Africa Organic Green Tea Industry, by Form , 2024 – 2033
      • 9.26.1 The Middle-East and Africa Organic Green Tea Industry, by Form , 2024 – 2033 (USD Million)
    • 9.27 The Middle-East and Africa Organic Green Tea Industry, by Distribution Channel , 2024 – 2033
      • 9.27.1 The Middle-East and Africa Organic Green Tea Industry, by Distribution Channel , 2024 – 2033 (USD Million)
  • Chapter 10. Company Profiles
    • 10.1 Compass Tea Company
      • 10.1.1 Overview
      • 10.1.2 Financials
      • 10.1.3 Product Portfolio
      • 10.1.4 Business Strategy
      • 10.1.5 Recent Developments
    • 10.2 Davidson’s Organics
      • 10.2.1 Overview
      • 10.2.2 Financials
      • 10.2.3 Product Portfolio
      • 10.2.4 Business Strategy
      • 10.2.5 Recent Developments
    • 10.3 Little Red Cup Tea Co.
      • 10.3.1 Overview
      • 10.3.2 Financials
      • 10.3.3 Product Portfolio
      • 10.3.4 Business Strategy
      • 10.3.5 Recent Developments
    • 10.4 Numi Inc.
      • 10.4.1 Overview
      • 10.4.2 Financials
      • 10.4.3 Product Portfolio
      • 10.4.4 Business Strategy
      • 10.4.5 Recent Developments
    • 10.5 PepsiCo
      • 10.5.1 Overview
      • 10.5.2 Financials
      • 10.5.3 Product Portfolio
      • 10.5.4 Business Strategy
      • 10.5.5 Recent Developments
    • 10.6 The Coca-Cola Company
      • 10.6.1 Overview
      • 10.6.2 Financials
      • 10.6.3 Product Portfolio
      • 10.6.4 Business Strategy
      • 10.6.5 Recent Developments
    • 10.7 The Hain Celestial Group Inc.
      • 10.7.1 Overview
      • 10.7.2 Financials
      • 10.7.3 Product Portfolio
      • 10.7.4 Business Strategy
      • 10.7.5 Recent Developments
    • 10.8 Tielka
      • 10.8.1 Overview
      • 10.8.2 Financials
      • 10.8.3 Product Portfolio
      • 10.8.4 Business Strategy
      • 10.8.5 Recent Developments
    • 10.9 Unilever
      • 10.9.1 Overview
      • 10.9.2 Financials
      • 10.9.3 Product Portfolio
      • 10.9.4 Business Strategy
      • 10.9.5 Recent Developments
    • 10.10 Wessanen
      • 10.10.1 Overview
      • 10.10.2 Financials
      • 10.10.3 Product Portfolio
      • 10.10.4 Business Strategy
      • 10.10.5 Recent Developments
    • 10.11 Others.
      • 10.11.1 Overview
      • 10.11.2 Financials
      • 10.11.3 Product Portfolio
      • 10.11.4 Business Strategy
      • 10.11.5 Recent Developments
List Of Figures

Figures No 1 to 34

List Of Tables

Tables No 1 to 102

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Players

  • Compass Tea Company
  • Davidson’s Organics
  • Little Red Cup Tea Co.
  • Numi Inc.
  • PepsiCo
  • The Coca-Cola Company
  • The Hain Celestial Group Inc.
  • Tielka
  • Unilever
  • Wessanen
  • Others

FAQs

The key factors driving the Market are Health Consciousness, Rise in Organic and Natural Trends, Environmental Concerns, Preference for Specialty Teas, Positive Perception of Green Tea, Increased Availability, Cultural and Traditional Associations, Marketing and Education, Innovation and Product Diversity And Media and Celebrity Endorsements.

The “Product” category dominated the market in 2022.

The key players in the market are Compass Tea Company, Davidson’s Organics, Little Red Cup Tea Co., Numi Inc., PepsiCo, The Coca-Cola Company, The Hain Celestial Group Inc., Tielka, Unilever, Wessanen, Others.

“Asia Pacific” had the largest share in the Organic Green Tea Market.

The global market is projected to grow at a CAGR of 17.5% during the forecast period, 2023-2032.

The Organic Green Tea Market size was valued at USD 334.6 Million in 2022.

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