Asia Pacific Matcha Market Size & Outlook, 2023-2030
Asia Pacific matcha market highlights
- The Asia Pacific matcha market generated a revenue of USD 2,512.2 million in 2023.
- The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, ceremonial grade was the largest revenue generating grade in 2023.
- Ceremonial grade is the most lucrative grade segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,512.2 million |
| Market revenue in 2030 | USD 3,842.4 million |
| Growth rate | 6.3% (CAGR from 2024 to 2030) |
| Largest segment | Ceremonial grade |
| Fastest growing segment | Ceremonial grade |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceremonial grade |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 57.8% of the global matcha market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 2,431.4 million by 2030.
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Matcha Market Scope
Matcha Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jade Monk | View profile | 1-10 | Austin, Texas, United States, North America | http://www.jademonk.com |
| Garden to Cup Organics | View profile | 11-50 | Richmond, British Columbia, Canada, North America | https://gardentocup.com |
| Encha | View profile | 1-10 | San Jose, California, United States, North America | https://encha.com |
| DoMatcha | View profile | - | https://domatcha.com/ | |
| Vivid Vitality | View profile | 1-10 | London, England, United Kingdom, Europe | https://vividdrinks.com/ |
| Ippodo | View profile | - | New York, New York, United States, North America | https://www.ippodo-tea.co.jp |
| Aoi Matcha | View profile | 51-100 | Huntington Beach, California, United States, North America | https://aoimatcha.com |
| Aiya America | View profile | 11-50 | Torrance, California, United States, North America | https://aiya-america.com |
Asia Pacific matcha market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to matcha market will help companies and investors design strategic landscapes.
Ceremonial grade was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific matcha market based on ceremonial grade covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Asia Pacific matcha market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific matcha market databook
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Our clientele includes a mix of matcha market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific matcha market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific matcha market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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