ACCESS Newswire
29 Jul 2020, 16:13 GMT+10
Matcha product manufacturers will focus on widening the scope of applications for matcha to include food and personal care products to appeal to a wider consumer demographic during the pandemic.
DUBAI, UAE / ACCESSWIRE / July 29, 2020 / Future Market Insights: The matcha market is expected to witness steady demand for the foreseeable future, despite the threat of the coronavirus outbreak. Matcha is known among users for its polyphenol ingredients, which have proven to have a positive impact on lung function. As the coronavirus largely affects the respiratory system, the demand for matcha nutraceuticals and food products is likely to rise for the duration of the pandemic.
'Matcha comprises high levels of vitamins, minerals, antioxidants, and fibers which aids consumers in weight loss and healthier metabolism. Consequently, stronger demand for functional foods during the coronavirus outbreak will support demand for matcha during and after the pandemic,' says the FMI analyst.
For more insights into the Market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-7863
Matcha Market - Primary Takeaways
Matcha Market - Growth Factors
Matcha Market - Major Constraints
The Projected Impact of Coronavirus
The matcha industry is expected to be moderately impacted by the coronavirus pandemic. The risk of contagion has resulted in a shortage of workers in the matcha cultivation industry. Lockdown restrictions have impacted harvests in 2020, which will hurt supplies in the short term. On the other hand, the nutritional and immunity boosting benefits of matcha products will help to sustain demand throughout and after the crisis period.
Request the Coronavirus Impact Analysis across Industries and Markets@ https://www.futuremarketinsights.com/covid19/rep-gb-7863
Competition Landscape
The matcha market comprises players including but not limited to The Republic of Tea, ITO EN Ltd., Matchaah Holdings Inc., Tata Global Beverages Ltd., McCormick & Co. Inc., Starbucks Corp., The AOI Tea Company, Hain Celestial Group Inc., and Unilever plc.
Market players are investing in the development of new, novel products in the nutraceutical, food, and personal care sectors. In addition, cultivation of organic matcha will also gain prominence in the near future.
For instance, Gion Tsujiri has collaborated with Toshi Yoroizuka and Mister Donut, to create a range of matcha donuts for consumers in Japan. Z Natural Foods has unveiled a new organic matcha green tea latte powder. Further, Sephora has revealed a range of 11 matcha-based personal care products including lip balms, face masks, and shampoo.
More About the Study
The FMI study provides detailed insights on matcha market. The market is broken down in terms of grade (ceremonial, classic, café, and culinary), nature (organic and conventional), end use (food processing, beverage processing, personal care, food service, institutional, and household), packaging (bulk bags, cartons, sachets, standup pouches, and tins) and sales channel (direct and indirect sales) across eight key regions (North America, Latin America, Western Europe, Eastern Europe, China, Japan, South East Asia & Rest of Asia Pacific, and MEA).
For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-7863
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About Future Market Insights
Expert analysis, actionable insights, and strategic recommendations of the experienced research team at FMI helps clients from across the globe with their unique business intelligence requirements. With a repository of more than thousand reports and 1 million+ data points, the team has studied the food and beverage sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.
Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Report: https://www.futuremarketinsights.com/reports/matcha-market
Press Release Source: https://www.futuremarketinsights.com/press-release/matcha-market
SOURCE: Future Market Insights
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