Global Tea Extracts Market, By Type (Green Tea, Black Tea, Oolong Tea, Lemon Tea, Others (White Tea)), Application (Food & Beverages, Pharmaceuticals, Cosmetics, Others), Distribution Channel (Store Based, Non-Store Based), Form (Liquid and Powder), Category (Organic, Conventional), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Tea Extracts Market
Tea extracts market is expected to reach USD 4.10 billion by 2027 growing at a growth rate of 7.10% in the forecast period of 2020 to 2027. The increase in demand for instant drinking beverages and the application of tea extracts which are used in cosmetics and nutraceuticals are the driving factors for the tea extracts market in the forecast period of 2020- 2027.
Tea is one of the most popular beverages in the world and is sourced from the camellia sinensis plant. Depending on the leaf processing of the camellia sinensis plant, various tea extracts are available in the market including white tea extract, green tea extract, black tea extract and oolong long tea extract.
High consumption of beverages worldwide, increased awareness of the health and well-being of the population, consumers have become more inclined towards health and natural products, growing inclination of people and the food industry towards vegetable ingredients such as flavoring or flavoring ingredients helps to increase the demand for tea extracts market during the forecast period of 2020- 2027.
On the other hand, the consumption of large amount of tea causes side effects and climatic changes which affect the tea cultivation and may hinder the growth of the tea extracts industry in the forecast period of 2020- 2027.
Increasing consumption of premium foods and increasing popularity of functional foods will also increase the opportunity for the tea extracts market. Innovative applications of green tea extract in cosmetics have also expanded the growth opportunities in the tea extracts market.
This tea extracts market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on tea extracts market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Tea Extracts Market Scope and Market Size
Tea extracts market is segmented on the basis of type, application, distribution channel, form and category. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the tea extracts market is segmented into green tea, black tea, oolong tea, lemon tea, and others (white tea).
- On the basis of application, the tea extracts market is segmented into food & beverages, pharmaceuticals, cosmetics, and others.
- On the basis of distribution channel, the tea extracts market is segmented into store based, and non-store based.
- On the basis of form, the tea extracts market is segmented into liquid and powder.
- On the basis of category, the tea extracts market is segmented into organic, and conventional.
Tea Extracts Market Country Level Analysis
Tea extracts market is analysed and market size, volume information is provided by country, type, application, distribution channel, form and category as referenced above.
The countries covered in the tea extracts market report are the U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The tea extracts market in Asia-Pacific is smaller than in the North American and European markets. In addition, in the Asia-Pacific region the tea extracts market is fragmented with multiple emerging and small-scale companies developing generic tea extracts on the Chinese market. The increase in FDI and the rise in living standards will make countries such as China, India, Malaysia and Thailand a promising market opportunity for tea extracts.
The country section of the tea extracts market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries.
Competitive Landscape and Tea Extracts Market Share Analysis
Tea extracts market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to tea extracts market.
The major players covered in the tea extracts market report are Finlay Tea Solutions UK Ltd., Akbar Brothers (Pvt) Ltd., Martin Bauer GmbH & Co KG, Tata Global Beverages Limited, Amax NutraSource Inc., Cymbio Pharma Pvt Ltd., Kemin Industries, Inc., AVT Natural Products Ltd., The Republic of Tea, Inc., Nestle S.A. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Tea Extracts Market
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