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๐ณ Food
Matcha conquers the world, but Japan lost the market battle to China
Matcha, the prized powdered green tea, is experiencing a global surge in demand, but Japan failed to set international production standards in time. China exploited the gap, capturing a large share of the market with cheaper products that often fall short of Japanese quality benchmarks. Japanese producers warn they are losing ground in a market they historically pioneered.
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