The global food landscape is witnessing a profound shift driven by rising health concerns and a growing awareness of the impact of conventional food products on well-being. This transformation is particularly evident in the increasing demand for natural and organic ingredients in food products, reflecting a consumer-driven push towards healthier alternatives. A pivotal aspect of this shift is the preference for green-label products, as consumers seek to mitigate health risks associated with artificial flavors commonly found in food items.
The detrimental health effects linked to artificial flavors have prompted a self-motivated consumer shift towards natural and organic options. The incorporation of artificial additives to simulate flavors, such as mint, citrus, and cinnamon, has drawn attention from regulatory bodies like the US Food and Drug Administration (FDA). In response, the FDA has taken decisive action by removing seven synthetic flavoring substances – benzophenone, ethyl acrylate, eugenyl methyl ether, myrcene, pulegone, and pyridine – from the list of permitted additives in ice cream. This regulatory intervention underscores the gravity of health concerns associated with artificial additives and emphasizes the need for cleaner, more natural alternatives.
In this evolving landscape, the market for organic frozen desserts is poised for significant growth, presenting lucrative opportunities for industry players. The increasing demand for frozen desserts made from organic ingredients aligns with consumer preferences for products that are not only indulgent but also health-conscious. This trend is expected to shape the market dynamics during the forecast period, as consumers actively seek out frozen desserts that prioritize natural and organic components.
Furthermore, the surge in the adoption of veganism and the escalating prevalence of lactose intolerance contribute to the growing demand for vegan and lactose-free desserts, with a particular emphasis on ice cream and frozen yogurt. To cater to this expanding consumer base, market players can adapt their production methods to incorporate plant-based ingredients like soy and nut milk. This strategic modification aligns with the broader consumer shift towards plant-based alternatives and positions companies to meet the evolving demands of health-conscious and ethically minded consumers.
As the specter of obesity looms large, consumer preferences are veering towards low-calorie and sugar-free products, influencing market players to introduce specialty frozen desserts. An illustrative example of this trend is the launch of a dairy-free frozen dessert by McConnell’s Fine Ice Creams in 2018, leveraging pea protein as a key ingredient. Positioned as low in fat and sugar, cholesterol-free, and non-GMO, McConnell’s dairy-free offering reflects the convergence of health-conscious choices and innovative product development.
In a parallel development, Danone SA entered the market with a line of probiotic vegan yogurts under its popular Light & Fit brand in 2018. This strategic move caters to the growing demand for dairy alternatives while tapping into the flourishing market for probiotic-rich products, aligning with the broader trend of consumers seeking functional benefits from their food choices.
The Matcha Products Market is estimated to be USD 3.90 billion in 2032 and is projected to register a CAGR of 7.50% during the forecast period of 2024 to 2032. Matcha is a fine powder of processed green tea leaves, specially grown in Japan and China. Matcha is traditionally used in Japanese culture. The matcha is traditionally being used as or in tea; however, recently it is being used in various chocolates, candies, desserts, yogurts or various culinary purposes. It has high antioxidant, vitamin, mineral, and amino acids content than regular black and green tea. The health benefits associated matcha and increasing prevalence of lifestyle diseases have propelled the popularity of match products across the globe. The widening application of matcha has opened new opportunities for matcha producers.
The matcha products market has been segmented based on grade, application, and region. By grade, the market has been bifurcated into ceremonial, standard, and culinary. Based on application, the market has been classified as bakery & confectionery, dairy & frozen desserts, sweet & savory snacks, beverages, and others. The global market has been studied with regards to four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American market has further been categorized as the US, Canada, and Mexico. The European market has been divided into Germany, France, Italy, Spain, the UK, and the rest of Europe. The market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The market in the rest of the world has been segmented into South America, the Middle East, and Africa.
The AOI Tea Company (Canada), Matcha Maiden (Japan), Mizuba Tea Co. (Japan), Kissa Tea GmbH (Austria), AIYA (Japan), Midori Springs Ltd. (Japan), Ippodo Tea Co. (Japan), Andrews & George Co Ltd (Canada), TEAJA Organic (Canada), and ITO EN, LTD (Japan) are some of the key players in the global matcha products industry.
Regional Market Summary Global Matcha Products Market Share (%), by Region, 2021
Type: Secondary Types and MRFR Analysis The market in Asia-Pacific is expected to dominate the market for matcha products during the forecast period. The traditional use of matcha and matcha tea in Japan and China has contributed significantly to the growth of the market in Asia-Pacific. North America is expected to be the fastest growing regional market for matcha products.
By Grade
North America
Intended Audience
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