A substantial rise in tea usage and rise in awareness about health among consumers is the key factor boosting the market.
The Global Tea Extracts Market is expected to be valued at USD 3.89 billion by 2027 from USD 2.46 billion in 2019, registering a CAGR of 5.8% through the forecast period, according to the latest report by Emergen Research. Some of the main factors driving the market are health awareness among customers, greater affordability of tea than its alternatives, and increased consumption of soft beverages. For the market, the recent substantial increase in tea consumption has been very beneficial.
Over the last few years, the rejuvenating characteristics of tea extracts that function as an instant energy booster have significantly driven the demand for tea extracts. Some of the drivers of the industry are also advantages in terms of weight loss and de-stressing provided by chemicals in tea extracts.
In a dynamic and highly fragmented world, consisting of a large number of small start-ups, medium-sized companies and large conglomerates, the global market for tea extracts is expected to remain highly competitive. Growing demand for technical innovations and high diversification of the provided goods provide new entrants with high growth potential.
You Can Download Free Sample PDF Copy of Tea Extracts Market at https://www.emergenresearch.com/request-sample/416
Further Key Findings from the Report Suggest:
In June 2019, Givaudan opened a new innovation centre in Switzerland.
For Oolong tea leaves, the degree of oxidation ranges from 8% to 85%, which plays an important role in the taste. Some of the Oolong tea leaves, such as Se Chung, taste fruity and have the scent of honey.
Green tea also has its roots in China, much like Oolong tea. Apart from China, the plant is also grown in India. As it has an organic flavour, green tea tastes similar to vegetables.
Due to the high consumption of the premium range of tea extracts by people in the region, North America is expected to dominate the global market for tea extracts.
Green tea extracts are experiencing high demand due to the rise in the prevalence of heart diseases and obesity, and green tea is an answer to increased antioxidation and higher metabolism.
Key players in the tea extracts market include Teawolf, AVT Tea Sources Ltd, Frutarom, Givaudan, Finlays, and Taiyo International
For the purpose of this report, Emergen Research has segmented the tea extracts market based on form, distribution channel, application, nature, type, and region:
Form Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
Liquid
Powder
Encapsulated
Distribution Channel Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
Supermarkets
Online Retailers
Convenience Stores
Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
Food & Beverage
Cosmetics
Pharmaceuticals
Others
Nature Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
Conventional
Organic
Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
Black Tea
Green Tea
Oolong Tea
Regional Outlook (Revenue, USD Billion; 2017–2027)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/tea-extracts-market
Here are the questions we answer…
At what rate will the Tea Extracts Market grow? What will be the value of the market in 2027?
What are the key technologies driving the Tea Extracts Market?
What would be the impact of Tea Extracts Market across different regions?
What are the strategies adopted by players to enter the APAC region?
What is the critical application of the Tea Extracts Market in the different sectors?
What are future growth strategies in the market?
Table of Content
Chapter 1. Market Synopsis
1.1. Tea Extracts Market Definition
1.2. Tea Extracts Market Research Scope & Premise
1.3. Tea Extracts Market Methodology
1.4. Tea Extracts Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Tea Extracts Market Segmentation & Impact Analysis
4.1. Tea Extracts Market Product Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
Chapter 5. Tea Extracts Market By Method Insights & Trends
Chapter 6. Tea Extracts Market By End-Use Insights & Trends
Chapter 7. Tea Extracts Market By Application Insights & Trends
Chapter 8. Tea Extracts Market Regional Outlook
Chapter 9. Tea Extracts Market Competitive Landscape
Chapter 10. Company Profiles
Continue…
Media ContactCompany Name: Emergen ResearchContact Person: Eric LeeEmail: Send EmailPhone: +1 (604) 757-9756Address:14671 110 Avenue Surrey, British Columbia, V3R2A9City: SurreyState: British ColumbiaCountry: CanadaWebsite: Tea Extracts Market, Tea Extracts Industry, Tea Extracts Market size, Tea Extracts Market share, Tea Extracts Market trend, Tea Extracts Market forecast, Tea Extracts Market growth, Tea Extracts Market Demand, , Tea Extracts Market Research Report, Tea Extracts Market Key Players, Tea Extracts Market Competitive Landscape, Tea Extracts Market Statistics, Tea Extracts Market Drivers, Tea Extracts Market Manufacturers, Tea Extracts Market Revenue