Green Tea Chocolate Market Size Worth $514.83 Million By 2032 | CAGR: 4.7%

The global green tea chocolate market size is expected to reach USD 514.83 million by 2032, according to a new study by Polaris Market Research. The report “Green Tea Chocolate Market Share, Size, Trends, Industry Analysis Report, By Type (Dark Chocolate, and White Chocolate); By Form; By Application; By Region; Segment Forecast, 2023- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rising health benefits of green tea for various diseases are the major factor boosting the market growth over the forecast period. Green tea's health advantages are becoming more widely known; thus, chocolate makers are concentrating more on using tea to make chocolates. Since green tea chocolates are the most convenient and palatable form of green tea, they are likely to grow in popularity worldwide.

Global obesity rates are expected to rise dramatically, which will likely further expand the market. Green tea chocolate also considerably reduces fat. The World Health Organisation estimates that 650 million persons worldwide or around 2 billion adults are classified to be overweight or obese. That works out to 39% of adults (18 and older) who are overweight and 13% who are obese. According to current estimates, most people reside in nations where being overweight or obese poses a greater health risk than underweight.

According to the World Obesity Federation, 770 million adults worldwide were estimated to be obese by 2020 and is expected to rise to more than one billion by 2030. In obese people at risk for insulin resistance, extracts high in flavanols from cocoa and green tea may lower inflammatory and oxidative stress markers. Also, Green tea aids in the treatment of body aches and headaches as well as the reduction of the effects of cholesterol and cancer cells.

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Additionally, the major players' rising developments of green tea chocolates and wafers is the major factor propelling the market growth over the forecast period. For instance, in March 2019, Loacker, which produces wafers and chocolates, unveiled new flavors, including Matcha-Green tea wafers. Matcha cream filling made from carefully chosen, finely ground Japanese green tea leaves is sandwiched between four crisp, light wafers to create three mouthwatering layers. It's a popular flavor, and the final wafer has a highly nuanced and well-balanced sweetness. These launches of flavored green tea chocolates are driving the market's growth over the forecast period.

Green Tea Chocolate Market Report Highlights

• Dark chocolate segment is anticipated to grow at a significant CAGR over the forecast period owing to the rising benefits for obese people
• Offline channels accounted largest revenue share which is accelerated by the availability of dark chocolates in the supermarkets
• Asia-Pacific is expected to grow at a substantial CAGR over the projected period on account of the rising health benefits, huge obesity population base
• The global players include Amul Group, Galler Corporation, Hershey, Meiji Holdings, Nestle , Rebel Chocolate, Tummy Train, Y-Id-z Holding

Polaris Market Research has segmented the Green Tea Chocolate market report based on type, application, form, and region:

Green Tea Chocolate, Type Outlook (Revenue - USD Million, 2019 - 2032)

• Dark Chocolate
• White Chocolate

Green Tea Chocolate, Application Outlook (Revenue - USD Million, 2019 - 2032)

• Online Sales
• Offline Sales

Green Tea Chocolate, Form Outlook (Revenue - USD Million, 2019 - 2032)

• Bar
• Cookies
• Chocolate Powder
• Others

Green Tea Chocolate, Regional Outlook (Revenue - USD Million, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Green Tea Chocolate Market Report Scope