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Tea Extract Market to 2027 - Global Analysis and Forecasts By Source; Application; Nature; Form, and Geography

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    Report

  • 208 Pages
  • February 2020
  • Region: Global
  • The Insight Partners
  • ID: 5006419
UP TO OFF until Jun 30th 2024
The global tea extracts market accounted for US$ 2,520.0 Mn in 2018 and is expected to grow at a CAGR of 6.8% during the forecast period 2019 - 2027, to account for US$ 4,500.7 Mn by 2027. Tea extracts are defined as the concentrated form of tea and is extracted from black tea, green tea, and oolong tea, among others. Tea is considered as the most popular and commonly served beverage in the globe. Tea extracts such as green tea are high in antioxidants and promote heart health. Tea extracts are used in various food and beverages, cosmetic, pharmaceutical applications to enhance the nutritional value of the products. The tea extracts are available in organic and conventional form. The demand for organic tea extract has surged over the past few years due to the increasing demand for certified organic products by the consumers.

Based on application, the tea extracts market has been segmented into food, beverage, cosmetic, and pharmaceutical applications. The beverage segment dominated the tea extracts market in 2018. Moreover, the cosmetic segment is projected to grow at a faster pace over the forecast period. Tea extracts are added in various beverages so as to improve the taste, flavor, and nutritional profile of the beverage. Recent product innovations in the beverages have led to the introduction of many new products and flavors in beverages, which in turn is boosting the tea extracts market for beverages. The trend towards a healthy lifestyle and disease prevention are some of the major factors to high demand for tea extracts beverages. Consumers in developed countries such as the US, Canada, Germany, France, and China, among others, are increasingly taking an interest in their nutrition and expect that their beverages should deliver functional benefits in addition to refreshment.

In 2018, the Europe region dominated the tea extracts market, in terms of value owing to the changes in lifestyle patterns of consumers and preference toward healthy and nutritious food and skin care items. Additionally, changing food habits and rise in disposable income in developed countries such as the Germany, France and United Kingdom has led to a surged the demand for tea extracts. Further, presence of strong manufacturing base for tea extracts along with increased focus over research and development activities is further expected to expand the growth of the market in the region.

Some of the players present in global tea extracts market are ADM WILD Europe GmbH & Co.KG, Allen Flavors, Inc., Amelia Bay, Damin Food (Zhangzhou) Co., Ltd., Dohler, Finlays, Fujian Xian Yang Biotechnology Co., Ltd., Goodricke Group Limited, Martin Bauer Group, Quala, Robertet Group, ShanShan Tea, Shenzhen Shenbao Huacheng Tech.Co., Ltd., Synergy Flavors, Tata Global Beverages, Unilever and Zhejiang MingHuang food shares development co., Ltd., among others.

The overall global tea extracts market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the tea extracts market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the tea extracts market.

Reasons to Buy:
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global tea extract market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Global Tea Extracts Market - by Source
1.3.2 Global Tea Extracts Market - by Nature
1.3.3 Global Tea Extracts Market - by Form
1.3.4 Global Tea Extracts Market - by Application
1.3.5 Global Tea Extracts Market - by Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Tea Extracts Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST analysis
4.2.2 Europe PEST analysis
4.2.3 Asia Pacific PEST analysis
4.2.4 Middle East and Africa PEST analysis
4.2.5 SAM PEST analysis
4.3 Expert Opinion
5. Global Tea Extracts Market Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Growing demand for tea extracts from food, beverages and pharmaceutical industries
5.1.2 Increasing health concerns and shift towards health benefits among consumers.
5.2 Restraints
5.2.1 Availability of substitutes such as coffee extract and plant extracts
5.3 Opportunities
5.3.1 Rising use of tea extracts in cosmetic applications
5.4 Future Trends
5.4.1 Rising adoption of RTD teas
5.5 Impact Analysis Of Drivers and Restraints
6. Tea Extracts- Global Market Analysis
6.1 Global Tea Extracts Market Overview
6.2 Tea Extracts Market Forecast and Analysis
7. Tea Extracts Market Analysis - by Source
7.1 Overview
7.2 Tea Extracts Market Breakdown, by Source, 2018 & 2027
7.3 Black Tea
7.3.1 Overview
7.3.2 Black Tea in Tea Extracts Market, Revenue Forecast to 2027 (US$ Mn)
7.4 Green Tea
7.4.1 Overview
7.4.2 Green Tea in Tea Extracts Market, Revenue and Forecast to 2027 (US$ Mn)
7.5 Oolong Tea
7.5.1 Overview
7.5.2 Oolong Tea in Tea Extracts Market, Revenue and Forecast to 2027 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Others in Tea Extracts Market, Revenue and Forecast to 2027 (US$ Mn)
8. Tea Extracts Market Analysis - by Nature
8.1 Overview
8.2 Tea Extracts Market Breakdown, by Nature, 2018 & 2027
8.3 Organic
8.3.1 Overview
8.3.2 Organic in Tea Extracts Market, Revenue Forecast to 2027 (US$ Mn)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional in Tea Extracts Market, Revenue and Forecast to 2027 (US$ Mn)
9. Tea Extracts Market Analysis - by Form
9.1 Overview
9.2 Tea Extracts Market Breakdown, by Form, 2018 & 2027
9.3 Powder
9.3.1 Overview
9.3.2 Powder in Tea Extracts Market, Revenue Forecast to 2027 (US$ Mn)
9.4 Liquid
9.4.1 Overview
9.4.2 Liquid in Tea Extracts Market, Revenue and Forecast to 2027 (US$ Mn)
9.4.3 Concentrates
9.4.3.1 Concentrates in Liquid Tea Extracts Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.4 Aroma
9.4.4.1 Aroma in Liquid Tea Extracts Market Revenue and Forecasts to 2027 (US$ Mn)
10. Tea Extracts Market Analysis - by Application
10.1 Overview
10.2 Tea Extracts Market Breakdown, by Application, 2018 & 2027
10.3 Food
10.3.1 Overview
10.3.2 Food Application in Tea Extracts Market, Revenue Forecast to 2027 (US$ Mn)
10.4 Beverages
10.4.1 Overview
10.4.2 Beverages Application in Tea Extracts Market, Revenue and Forecast to 2027 (US$ Mn)
10.5 Pharmaceuticals
10.5.1 Overview
10.5.2 Pharmaceuticals Application in Tea Extracts Market, Revenue and Forecast to 2027 (US$ Mn)
10.6 Cosmetics
10.6.1 Overview
10.6.2 Cosmetics Application in Tea Extracts Market, Revenue and Forecast to 2027 (US$ Mn)
11. Global Tea Extract Market - Geographic Analysis
11.1 Overview
11.2 North America Tea extract Market Revenue and Forecasts to 2027
11.2.1 North America Tea extract Market Revenue and Forecast to 2027 (US$ Mn)
11.2.2 North America Tea Extract Market Breakdown by Source
11.2.3 Table 1. North America Tea Extract Market Revenue and Forecasts to 2027 - by Source (US$ Mn)
11.2.4 North America Tea Extract Market Breakdown by Application
11.2.5 North America Tea Extract Market Breakdown by Nature
11.2.6 North America Tea Extract Market Breakdown by Form
11.2.7 North America Tea Extract Market Breakdown, by Key Countries
11.2.7.1 US Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.2.7.1.1 U.S Tea Extract Market Breakdown by Source
11.2.7.1.2 U.S Tea Extract Market Breakdown by Application
11.2.7.1.3 U.S Tea Extract Market Breakdown by Nature
11.2.7.1.4 U.S Tea Extract Market Breakdown by Form
11.2.7.2 Canada Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.2.7.2.1 Canada Tea Extract Market Breakdown by Source
11.2.7.2.2 Canada Tea Extract Market Breakdown by Application
11.2.7.2.3 Canada Tea Extract Market Breakdown by Nature
11.2.7.2.4 Canada Tea Extract Market Breakdown by Form
11.2.7.2.5 Mexico Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.2.7.2.6 Mexico Tea Extract Market Breakdown by Source
11.2.7.2.7 Mexico Tea Extract Market Breakdown by Application
11.2.7.2.8 Mexico Tea Extract Market Breakdown by Nature
11.2.7.2.9 Mexico Tea Extract Market Breakdown by Form
11.3 Europe Tea extract Market Revenue and Forecasts To 2027
11.3.1 Europe Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.3.2 Europe Tea Extract Market Breakdown by Source
11.3.3 Europe Tea Extract Market Breakdown by Application
11.3.4 Europe Tea Extract Market Breakdown by Nature
11.3.5 Europe Tea Extract Market Breakdown by Form
11.3.6 Europe Tea Extract Market Breakdown, by Key Countries
11.3.6.1 Germany Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.3.6.1.1 Germany Tea Extract Market Breakdown by Source
11.3.6.1.2 Germany Tea Extract Market Breakdown by Application
11.3.6.1.3 Germany Tea Extract Market Breakdown by Nature
11.3.6.1.4 Germany Tea Extract Market Breakdown by Form
11.3.6.2 France Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.3.6.2.1 France Tea Extract Market Breakdown by Source
11.3.6.2.2 France Tea Extract Market Breakdown by Application
11.3.6.2.3 France Tea Extract Market Breakdown by Nature
11.3.6.2.4 France Tea Extract Market Breakdown by Form
11.3.6.3 Italy Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.3.6.3.1 Italy Tea Extract Market Breakdown by Source
11.3.6.3.2 Italy Tea Extract Market Breakdown by Application
11.3.6.3.3 Italy Tea Extract Market Breakdown by Nature
11.3.6.3.4 Italy Tea Extract Market Breakdown by Form
11.3.6.4 United Kingdom Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.3.6.4.1 United Kingdom Tea Extract Market Breakdown by Source
11.3.6.4.2 United Kingdom Tea Extract Market Breakdown by Application
11.3.6.4.3 United Kingdom Tea Extract Market Breakdown by Nature
11.3.6.4.4 United Kingdom Tea Extract Market Breakdown by Form
11.3.6.5 Russia Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.3.6.5.1 Russia Tea Extract Market Breakdown by Source
11.3.6.5.2 Russia Tea Extract Market Breakdown by Application
11.3.6.5.3 Russia Tea Extract Market Breakdown by Nature
11.3.6.5.4 Russia Tea Extract Market Breakdown by Form
11.3.6.6 Rest of Europe Tea extract Market Revenue and Forecast to 2027 (US$ Mn)
11.3.6.6.1 Rest of Europe Tea Extract Market Breakdown by Source
11.3.6.6.2 Rest of Europe Tea extract Market Breakdown by Application
11.3.6.6.3 Rest of Europe Tea extract Market Breakdown by Nature
11.3.6.6.4 Rest of Europe Tea Extract Market Breakdown by Form
11.4 Asia Pacific Tea extract Market Revenue and Forecasts To 2027
11.4.1 Asia Pacific Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.4.2 Asia Pacific Tea Extract Market Breakdown by Source
11.4.3 Asia Pacific Tea Extract Market Revenue and Forecasts to 2027 - by Source (US$ Mn)
11.4.4 Asia Pacific Tea Extract Market Breakdown by Application
11.4.5 Asia Pacific Tea Extract Market Breakdown by Nature
11.4.6 Asia Pacific Tea extract Market Breakdown by Nature
11.4.7 Asia Pacific Tea extract Market Breakdown by Form
11.4.8 Asia Pacific Tea Extract Market Breakdown, by Key Countries
11.4.8.1 Australia Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.4.8.1.1 Australia Tea Extract Market Breakdown by Source
11.4.8.1.2 Australia Tea Extract Market Breakdown by Application
11.4.8.1.3 Australia Tea Extract Market Breakdown by Nature
11.4.8.1.4 Australia Tea extract Market Breakdown by Form
11.4.8.2 China Tea extract Market Revenue and Forecast to 2027 (US$ Mn)
11.4.8.2.1 China Tea Extract Market Breakdown by Source
11.4.8.2.2 China Tea extract Market Breakdown by Application
11.4.8.2.3 China Tea extract Market Breakdown by Nature
11.4.8.2.4 China Tea Extract Market Breakdown by Form
11.4.8.2.5 India Tea extract Market Revenue and Forecast to 2027 (US$ Mn)
11.4.8.2.6 India Tea Extract Market Breakdown by Source
11.4.8.2.7 India Tea Extract Market Breakdown by Application
11.4.8.2.8 India Tea Extract Market Breakdown by Nature
11.4.8.2.9 India Tea Extract Market Breakdown by Form
11.4.8.3 Japan Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.4.8.3.1 Japan Tea Extract Market Breakdown by Source
11.4.8.3.2 Japan Tea Extract Market Breakdown by Application
11.4.8.3.3 Japan Tea Extract Market Breakdown by Nature
11.4.8.3.4 Japan Tea Extract Market Breakdown by Form
11.4.8.4 South Korea Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.4.8.4.1 South Korea Tea Extract Market Breakdown by Source
11.4.8.4.2 South Korea Tea Extract Market Breakdown by Application
11.4.8.4.3 South Korea Tea Extract Market Breakdown by Nature
11.4.8.4.4 South Korea Tea Extract Market Breakdown by Form
11.4.8.5 Rest of Asia Pacific Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.4.8.5.1 Rest of Asia Pacific Tea Extract Market Breakdown by Source
11.4.8.5.2 Rest of Asia Pacific Tea Extract Market Breakdown by Application
11.4.8.5.3 Rest of Asia Pacific Tea Extract Market Breakdown by Nature
11.4.8.5.4 Rest of Asia Pacific Tea Extract Market Breakdown by Form
11.5 Middle East and Africa Tea extract Market Revenue and Forecasts to 2027
11.5.1 Middle East & Africa Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.5.2 Middle East & Africa Tea Extract Market Breakdown by Source
11.5.3 Middle East & Africa Tea extract Market Breakdown by Application
11.5.4 Middle East & Africa Tea extract Market Breakdown by Nature
11.5.5 Middle East & Africa Tea Extract Market Breakdown by Form
11.5.6 Middle East and Africa Tea Extract Market Breakdown, by Key Countries
11.5.6.1 South Africa Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.5.6.1.1 South Africa Tea Extract Market Breakdown by Source
11.5.6.1.2 South Africa Tea Extract Market Breakdown by Application
11.5.6.1.3 South Africa Tea Extract Market Breakdown by Nature
11.5.6.1.4 South Africa Tea extract Market Breakdown by Form
11.5.6.2 Saudi Arabia Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.5.6.2.1 Saudi Arabia Tea Extract Market Breakdown by Source
11.5.6.2.2 Saudi Arabia Tea Extract Market Breakdown by Application
11.5.6.2.3 Saudi Arabia Tea Extract Market Breakdown by Nature
11.5.6.2.4 Saudi Arabia Tea Extract Market Breakdown by Form
11.5.6.3 U.A.E Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.5.6.3.1 U.A.E Tea Extract Market Breakdown by Source
11.5.6.3.2 U.A.E Tea Extract Market Breakdown by Application
11.5.6.3.3 U.A.E Tea Extract Market Breakdown by Nature
11.5.6.3.4 U.A.E Tea extract Market Breakdown by Form
11.5.6.4 Rest of Middle East and Africa Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.5.6.4.1 Rest of Middle East and Africa Tea Extract Market Breakdown by Source
11.5.6.4.2 Rest of Middle East and Africa Tea Extract Market Breakdown by Application
11.5.6.4.3 Rest of Middle East and Africa Tea Extract Market Breakdown by Nature
11.5.6.4.4 Rest of Middle East and Africa Tea Extract Market Breakdown by Form
11.6 South America Tea Extract Market Revenue and Forecasts to 2027
11.6.1 South America Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.6.2 South America Tea extract Market Breakdown by Source
11.6.3 South America Tea Extract Market Breakdown by Application
11.6.4 South America Tea Extract Market Breakdown by Nature
11.6.5 South America Tea Extract Market Breakdown by Form
11.6.6 South America Tea Extract Market Breakdown, by Key Countries
11.6.6.1 Brazil Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.6.6.1.1 Brazil Tea Extract Market Breakdown by Source
11.6.6.1.2 Brazil Tea Extract Market Breakdown by Application
11.6.6.1.3 Brazil Tea Extract Market Breakdown by Nature
11.6.6.1.4 Brazil Tea extract Market Breakdown by Form
11.6.6.2 Argentina Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.6.6.2.1 Argentina Tea Extract Market Breakdown by Source
11.6.6.2.2 Argentina Tea Extract Market Breakdown by Application
11.6.6.2.3 Argentina Tea Extract Market Breakdown by Nature
11.6.6.2.4 Argentina Tea Extract Market Breakdown by Form
11.6.6.3 Rest of South America Tea Extract Market Revenue and Forecast to 2027 (US$ Mn)
11.6.6.3.1 Rest of South America Tea Extract Market Breakdown by Source
11.6.6.3.2 Rest of South America Tea Extract Market Breakdown by Application
11.6.6.3.3 Rest of South America Tea Extract Market Breakdown by Nature
11.6.6.3.4 Rest of South America Tea Extract Market Breakdown by Form
12. Industry Landscape
12.1 Strategy and Business Planning
12.2 Expansion
12.3 Merger and Acquisition
12.4 Product News
12.5 Market Positioning - Top 5 Players Ranking
13. Company Profiles
13.1 ADM WILD Europe GmbH & Co.KG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Finlays
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Unilever
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Fujian Xian Yang Yang Biotechnology Co., Ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Martin Bauer Group
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Shenzhen Shenbao Huacheng Tech Co., Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Synergy Flavors
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Goodricke Group Limited
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Zhejiang MingHuang food shares development co., Ltd
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Allen Flavors Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 TATA Global Beverages
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services/Brands
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 Amelia Bay
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
13.13 Damin Food (Zhangzhou) Co., Ltd.
13.13.1 Key Facts
13.13.2 Business Description
13.13.3 Products and Services
13.13.4 Financial Overview
13.13.5 SWOT Analysis
13.13.6 Key Developments
13.14 Dohler
13.14.1 Key Facts
13.14.2 Business Description
13.14.3 Products and Services
13.14.4 Financial Overview
13.14.5 SWOT Analysis
13.14.6 Key Developments
13.15 Quala
13.15.1 Key Facts
13.15.2 Business Description
13.15.3 Products and Services
13.15.4 Financial Overview
13.15.5 SWOT Analysis
13.15.6 Key Developments
13.16 Robertet Group
13.16.1 Key Facts
13.16.2 Business Description
13.16.3 Products and Services
13.16.4 Financial Overview
13.16.5 SWOT Analysis
13.16.6 Key Developments
13.17 ShanShan Tea
13.17.1 Key Facts
13.17.2 Business Description
13.17.3 Products and Services
13.17.4 Financial Overview
13.17.5 SWOT Analysis
13.17.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Glossary of Terms

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ADM WILD Europe GmbH & Co.KG
  • Allen Flavors Inc.
  • Amelia Bay
  • Damin Food (Zhangzhou) Co
  • Dohler
  • Finlays
  • Goodricke Group Limited
  • Martin Bauer Group
  • Robertet Group
  • Shanshan Tea
  • SShenzhen Shenbao Huacheng Tech Co., Ltd
  • Synergy Flavors
  • Tata Global Beverages
  • Unilever
  • Fujian Xian Yang Yang Biotechnology Co., Ltd
  • Zhejiang MingHuang food shares development co., Ltd
  • Quala