Global Tea Extracts Market Size, Forecasts, And Opportunities – Includes Tea Extracts Market Demand
Learn about the global tea extracts market through The Business Research Company, which provides information on tea extracts market size, tea extracts market drivers and restraints, tea extracts market players, the COVID-19 impact on the tea extracts market, and more.
The global tea extracts market size is expected to grow from $3.46 billion in 2021 to $3.83 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The global tea extract market size is expected to grow to $5.05 billion in 2026 at a CAGR of 7.1%.
The rise in demand for dietary supplements is expected to propel the growth of the tea extract market going forward.
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The tea extract market consists of sales of tea extracts by entities (organizations, sole traders, and partnerships) that is used to promote weight loss, blood sugar regulation, and disease prevention. Tea extracts refer to supplements that are derived from the tea plant. It contains concentrated compounds of antioxidants, polyphenols, vitamins, and flavonoids. Tea extracts have been linked to a variety of health benefits, including supporting heart, liver, and brain function, as well as enhancing skin appearance and lowering cancer risk.
Global Tea Extracts Market Segments Include:
By Type: Black Tea, Oolong Tea, Green Tea, Others
By Nature: Organic, Conventional
By Form: Powder, Liquid
By Application: Food and Beverages, Pharmaceuticals, Cosmetics, Others
By Distribution Channel: Online, Offline
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the tea extracts market in 2021.
New product innovations have emerged as the key trend gaining popularity in the tea extracts market. Major companies operating in the tea extract market are focused on new product innovations to meet consumer demand and strengthen their position.
TBRC’s tea extracts market report covers:
Major Market Players: Taiyo International, AVT Tea Sources Ltd., Dupont, Futureceuticals, Kemin Industries, Synthite Industries Ltd, Archer Daniels Midland, Frutarom, Martin Bauer Group, Indena SPA, Teawolf, Phyto Life Sciences Pvt Ltd, Halssen & Lyon GmbH, Harrisons Tea, Synergy Flavors, FInlay Tea Solutions Ltd., Tata Global Beverages, Givaudan, Dehe Bio-tech CO. LTD, Hainan Qunli, Sichuan Yujia Tea, ADM WILD Europe GmbH & Co.KG, Allen Flavors Inc., Amelia Bay, Damin Food (Zhangzhou) Co. Ltd., Dohler, Goodricke Group Limited, Quala, Robertet Group, ShanShan Tea, and Shenzhen Shenbao Huacheng Tech.Co. Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Tea Extracts Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides tea extracts market overviews, analyzes and forecasts market size, share, tea extracts market players, tea extracts market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s tea extracts market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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