Matcha Products Market Analysis 20172023: Key Findings, Regional Analysis, Key Players Profiles and Future Prospects Market Overview: Matcha is a fine grounded powder of green tea leaves which is grown in China and Japan. Matcha based products are rich in anti-oxidants, vitamins, minerals and amino acids. Matcha powder is mostly used in beverage industry to manufacture green tea and smoothies. Matcha helps in curing chronic diseases such as diabetes and obesity, this has increased the consumer shift towards the use of matcha products. Increasing population demand for superior quality healthy drinks and consumer acceptance in the population is primarily driving the global market for matcha products. Matcha products have a wide range product applicability, which makes them an important ingredient to be used in beverage and nutraceuticals industry. They are used as a substitute of conventional tea in the beverage industry. Also, matcha powder is now used in nutraceuticals industry to manufacture supplements which is rich in anti-oxidants and helps in reducing stress, curing gastrointestinal problems and others. Matcha based creams, face packs and face wash are attracting consumers, owing to high demand from cosmetic industry. Furthermore, demand for a substitute of conventional tea beverage, increasing health conscious working population is driving the demand for nutrient-rich beverages, which is driving the growth of the global matcha products market. All these factors are expected to contribute to the estimated CAGR of 7.3% of matcha products market during the forecast period 2017-2023.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4615 Downstream Analysis: Matcha products market is segmented on the basis of grade, which includes ceremonial, classic, culinary, others. Among all, classic grade dominates the market, owing to because high nutrient contents and has wide range applicability. This grade is also comparatively cheaper than ceremonial and culinary grade.
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