North America Green Tea Market is worth USD xx million in 2021 and estimated to grow at a CAGR of %, to reach USD xx million by 2026. The North America Green Tea market is developing at an exceptionally quick pace.
Green tea is one of the fastest-growing sectors of the North America tea industry. Green tea is prepared from the leaves from camellia Sinensis.The green tea was originated in China and later spread across the world. Some of the popular green teas in Japan are Sencha, gyokuro, kabusecha,etc. Green tea is offered in the market in following categories such as green tea bags, iced green tea and green tea instant mixes. There are various flavors like aloe vera, lemon, vanilla, cinnamon, wild berry and jasmine. It is used in curing and preventing of many disease such as cancer, diabetes, tooth decay, heart disease and maintaining cholesterol and blood level in the body because of its medicinal and antioxidant properties.
The significant drivers is Green Tea high consumption of green tea. Also surge in use of Green Tea is because of the rising public awareness about the health benefits in developed and developing nations. Limited manufacturers for the production of Green Tea and stringent policies limits this industry.
The North America market for Green Tea is segmented on the basis of container type, product type and region. Based on container type, the market is segmented into plastic bottles, cans, and other. In 2016, the plastic bottles segment dominated the green tea market and accounted for a major part of the overall market share. Key factors such as low cost of plastic, desired shape and color, and lighter weight of plastic have proved imperative in the dominance of this segment in the global market. Based on product type, the market is segmented into flavoured and unflavoured.
Geographically the North America Green Tea Market is segmented into US, Canada, Mexico and Rest of North America. North America has the highest no. share in this market. USA has the highest demand followed by Canada and Mexico. The North America region is largely driven by industrial concerns.
Key Players in the Market:
Major Key Players in the North America Green Tea Market are
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