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Green Tea Market
TM Z FORTUNE BUSINESS INSIGHTS
Green Tea Market
shared by meenavinodhinge on Dec 17
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The global green tea market size is projected to reach USD 23.66 billion by 2027, exhibiting a CAGR of 8.0% during the forecast period. Increasing research into the potential benefits of this tea in f...
ighting the coronavirus is expected to open new avenues of expansion for this market, finds Fortune Business Insights™ in its report, titled “Green Tea Market Size, Share & COVID-19 Impact Analysis, Form (Tea Bags, Loose Leaves, Loose Powder, Ready-to-drink, and Capsules & Tablets), Flavor (Flavored and Unflavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Online Retail) and Regional Forecast, 2020 – 2027”. With the COVID-19 vaccine still being developed, medical researchers are intensely engaged in finding alternative cost-effective treatment and prevention methods to curtail the spread of the coronavirus. This tea has emerged as a promising disease-fighting mechanism owing to its natural detoxifying properties and chemicals. For example, according to researchers from the Indian Institute of Technology, Delhi, extracts from green and black tea have antiviral properties and can destroy the protein structure of the virus. Similarly, the UPASI Tea Research Institute in Tamil Nadu has collaborated with the Tea Board of India to investigate the antiviral potential of Theaflavins-3, a compound commonly found in catechins in green tea, for controlling the coronavirus. Thus, a growing body of research exploring the possibility of fighting COVID-19 with green tea consumption will support the growth of this market.
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