The extracts are derived from the leaves of the Camellia sinensis plant, which is often cultivated in China, India, Korea, and Japan. They are used for several purposes, most of which are to improve the flavor and nutritive value of food and drinks. However, recent studies show that tea extracts also have some antibacterial properties, antiviral, anti-fungal, anti-bacterial, and anti-cancer activity. More importantly, tea extracts are known to have nutritional benefits, particularly the catechin polyphenols that are major ingredients of green tea.
Increasing demand for natural ingredient based beverage is driving growth of the tea extracts market. Moreover, growing popularity of ready-to-drink tea, sparkling beverages, and cold brew as key players are launching such drinks with tea extracts is again fostering growth of the market.
Moreover, increasing focus of key players to introduce innovative beverages that consist of tea extracts is again fostering growth of the market. For instance, in January 2018, Taiyo has launched a new range of tea extracts called Sunphenon, which enable manufacturers to produce tea-based products with “valuable health benefits and a full tea flavor.
Market Dynamics
Increasing demand for natural ingredient based beverage is driving growth of the tea extracts market. Moreover, growing popularity of ready-to-drink tea, sparkling beverages, and cold brew as key players are launching such drinks with tea extracts is again fostering growth of the market.
Moreover, increasing focus of key players to introduce innovative beverages that consist of tea extracts is again fostering growth of the market. For instance, in January 2018, Taiyo has launched a new range of tea extracts called Sunphenon, which enable manufacturers to produce tea-based products with “valuable health benefits and a full tea flavor.
Key features of the study:
- This report provides in-depth analysis of tea extracts market, and provides market size (US$ Million and KT) and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global tea extracts based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include AVT Natural, Archer Daniels Midland Company, Blueberry Agro, Cymbio Pharma Pvt Ltd., Harrisons Malayalam Ltd., Indena S.p.A., Martin Bauer Group, Synthite Industries Ltd., Synergy Flavors, Teawolf, and Taiyo International
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology market expansion, and marketing tactics
- The global tea extracts market report caters to various stakeholders in this industry including investors, suppliers, tea extracts manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global tea extracts market
Detailed Segmentation:
- Extract Type
- Green Tea
- Oolong Tea
- Black Tea
- Herbal/Fruit Tea
- White Tea
- Others
- Nature
- Organic
- Conventional
- Form
- Liquid
- Powder
- Encapsulated
- Application
- Food & Beverages
- Dietary Supplements
- RTD Beverages
- Cosmetics
- Others
Frequently Asked Questions about the Tea Extracts Market
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Report Attribute | Details |
---|---|
No. of Pages | 180 |
Published | October 2021 |
Forecast Period | 2020 - 2028 |
Estimated Market Value ( USD | $ 13585.2 Million |
Forecasted Market Value ( USD | $ 22694.4 Million |
Compound Annual Growth Rate | 6.6% |
Regions Covered | Global |
Table of Contents
1. Research Objectives and Assumptions
2. Market Purview
3. Market Dynamics, Regulations, and Trends Analysis
4. Global Tea Extracts Market - Impact of Coronavirus (Covid-19) Pandemic
5. Global Tea Extracts Market, By Extract Type, 2017- 2028 (US$ Mn & KT)
6. Global Tea Extracts Market, By Nature, 2017- 2028 (US$ Mn & KT)
7. Global Tea Extracts Market, By Form, 2017- 2028 (US$ Mn & KT)
8. Global Tea Extracts Market, By Application, 2017- 2028 (US$ Mn & KT)
9. Global Tea Extracts Market, By Region, 2017- 2028 (US$ Mn & KT)
10. Competitive Landscape
11. Section
Companies Mentioned
A selection of companies mentioned in this report includes:
- AVT Natural
- Archer Daniels Midland Company
- Blueberry Agro
- Cymbio Pharma Pvt Ltd.
- Harrisons Malayalam Ltd.
- Indena S.p.A.
- Martin Bauer Group
- Synthite Industries Ltd.
- Synergy Flavors
- Teawolf
- Taiyo International