The global matcha market was valued at USD 4.3 billion in 2023 and is projected to reach USD 7.43 billion by 2030, growing at a CAGR of 7.9% from 2024 to 2030. Market growth is primarily driven by rising health consciousness and increasing consumer awareness of the nutritional and functional benefits of matcha.
Matcha is a minimally processed green tea rich in antioxidants, particularly catechins, which are associated with improved metabolism, reduced risk of chronic diseases, and enhanced cognitive function. According to a study published by the National Institutes of Health (2023), matcha green tea may positively influence gut health due to its high content of tea catechins and insoluble dietary fiber. These health benefits, combined with growing awareness of the adverse effects of sugary beverages, are significantly boosting global demand for matcha-based products.
The increasing incorporation of matcha into beverages, functional foods, dietary supplements, and ready-to-drink formats is further expanding its consumer base across both traditional and emerging markets.
Key Market Trends & Insights
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Market Size & Forecast
Competitive Landscape
The matcha market is moderately competitive, with key players focusing on product innovation, organic certifications, clean-label formulations, and expanded retail distribution. Leading companies shaping the market include:
Recent Developments
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Conclusion
The global matcha market is poised for sustained growth through 2030, supported by increasing health awareness, expanding applications across food and beverage categories, and rising demand for natural and functional ingredients. Asia Pacific is expected to maintain its leadership position, while product innovation, premiumization, and digital retail expansion will continue to shape competitive dynamics. Companies that emphasize quality sourcing, clean-label credentials, and diversified product offerings are likely to gain a competitive edge in the evolving matcha industry.