North America Matcha Market share was valued at above USD 750 million in 2019 and industry is expected to witness substantial gains at over 7.5% by 2026.
Matcha is a variety of green tea, it is a replacing of black tea in various countries as a regular beverage like India, china, japan& many more. Matcha comes from the camellia Sinensis plant, which is native to China. Matcha is grown differently than regular green tea. Whole leaf powder has higher amounts of antioxidants and caffeine. It has various health benefits owing to diseases including cancer, obesity, heart diseases, and diabetes.
Based on production technology the market is bifurcated into pan-fried and steamed. Matcha market from pan-fried technology expected to grow at a CAGR of 8% by 2026. Pan fire method is used to enhance the aroma of tea leaves and taste. Additionally, the pan-fried method turns green tea brownish color and gives a toasty taste. This will propel the market demand in the forecast period. But this is more expensive compared to steaming which is done by using machines. In this method, leaves are fired in a large work &making it more labor-intensive.
Culinary matcha is commonly known as cooking grade or food grade matcha., the difference in texture, ingredient, color& blend describes various types of matcha. Culinary grade matcha used in various dishes, desserts as a spice. It has five subtypes such as premium, cafe, ingredient, kitchen, classic. Owing to its extensive use in the food and beverages in functional foods, the North American market is anticipated to grow at a CAGR of 7% by 2026.
Classic matcha is the most available of the grades, and it has a strong flavor it is used in food and beverages. Ceremonial matcha is only used for drinking purposes, its highest quality of all matcha tea. It is produced from the youngest tea leaves, each leaf, vein, and stem are removed, and then leaves are used to process to make powder with has a fine texture, sweet flavor, and pure taste. Considering these, the market from Classic matcha size is expected to reach USD 255 million during the forest period.
North America matcha market size is expected to reach USD 1 billion during the forest period. Matcha contains nutrients from the entire tea leaf, which leads to a great amount of caffeine and antioxidant properties which are beneficial for health. Matcha tea can protect the liver, promote heart health, and aid with weight loss. Furthermore, tea is the most popular beverage of matcha, it is the most recognize beverage among developed countries such as the US, Mexico, and Canada. Matcha powder is majorly used as regular tea, food, matcha beverages, personal care & cosmetics.
The major key players in the market include Nestle, Tata Global Beverages Ltd, AOI Tea Company, The Unilever Group, Aiya Co. Ltd., ITO EN, LTD., Sun Time Tea Company, Matcha Maiden, Kissa Tea Gmbh Company, Midori Spring, Vivid Vitality Mizuba Tea Company, Shaanxi Dongyu Tea, Tea's Me Company, Aoi Tea Company, DMatcha, AIYA America, and Encha.