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Tea Extracts - Global Market Outlook (2018-2027)

Tea Extracts - Global Market Outlook (2018-2027)

4.7 (61 reviews)
Published: December 2019 ID: SMRC18801
4.7 (61 reviews)
Published: December 2019 ID: SMRC18801

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Tea Extracts Market is accounted for $2.30 billion in 2018 and is expected to reach $4.90 billion by 2027 growing at a CAGR of 8.8% during the forecast period. Some of the key factors influencing the market growth include increasing consumption of convenience food and the multifunctionality of tea, rise in health consciousness among consumers, and increase in demand for tea extract. However, drinking large amounts of tea might cause side an effect due to the caffeine content is restricting market growth. 

Tea extract has bioactive ingredients, which include Epigallocatechin (EGCG), theaflavins, polyphenol and caffeine, of which caffeine is the main ingredient. It is used in ready-to-drink and healthy beverages. Tea extract has a calming effect on the nervous system & mind, lowers the level of blood sugar & cholesterol, which helps in maintaining the cardiovascular health of humans, reduces the risk of cancer and other diseases such as Alzheimer, as well as boosts the metabolism & helps burn excess body fat. Tea extracts also find applications in cosmetics for skin and hair care. 

Amongst type, Green tea has already gained traction across the globe as a healthy alternative for caffeinated drinks. Its antioxidant property, complemented with its anti-inflammatory characteristics, has made tea extracts one of the most preferred beverages for consumers. By Geography, North America is estimated to have a lucrative growth during the forecast period, due to high the standard of living and the rise in the disposable income of consumers. Also, due to the increase in the number of obesity cases and heart-related diseases in the region, people are willing to invest in health-related products and services. 

Some of the key players in global Tea Extracts market are Synergy Flavors, Kemin Industries, Inc., Martin Bauer Group, Archer Daniels Midland Company, A. Holliday & Company, Synthite Industries Ltd., Blueberry Agro Products Pvt. Ltd., Dupont, Finlays, Givaudan, Indena S.P.A., Cymbio Pharma Pvt Ltd, Amax Nutrasource, Inc., Phyto Life Sciences P. Ltd., Hälssen & Lyon GmbH, and AVT Tea Services Limited.

Types Covered:
• Black Tea
• Oolong Tea
• Green Tea
• Lemon Tea 
• Other Types

Categories Covered:
• Conventional
• Organic

Forms Covered:
• Powder
• Liquid
• Encapsulated

Water Solubilities Covered:
• Cold Water Soluble Extract
• Hot Water Soluble Extract

Applications Covered:
• Pharmaceuticals
• Functional Food
• Cosmetics
• Beverages
• Dietary Supplements
• Medicines and Nutraceuticals
• Ready to Drink Tea
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand      
o South Korea       
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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