The Tea Extracts market was valued at US$ 2,520.0 million in 2018 and is expected to grow at a CAGR of 6.8% from 2019 to 2027 to reach US$ 4,500.7 million by 2027.

Tea is considered as the most popular and commonly served beverage in the globe. Tea extracts are defined as the concentrated form of tea and is extracted from black tea, green tea, and oolong tea, among others. The global tea extract market, by source, has been segmented into black tea, green tea, oolong tea, and others. The black tea segment dominated the global tea extract market in 2018. Moreover, the green tea segment is anticipated to grow at a faster pace over the projected period. Green tea extract has emerged as a natural solution to all health-related issues. This factor is propelling the growth of the green tea extract market over the forecast period.

The market for global tea extract market is concentrated with some very well-established players. Some of the key players in the global tea extract market are ADM WILD Europe GmbH & Co.KG, Allen Flavors, Inc., Amelia Bay, Damin Food (Zhangzhou) Co., Ltd., Dohler, Finlays, Fujian Xian Yang Biotechnology Co., Ltd., Goodricke Group Limited, Martin Bauer Group, Quala, Robertet Group, ShanShan Tea, Shenzhen Shenbao Huacheng Tech.Co., Ltd., Synergy Flavors, Tata Global Beverages, Unilever and Zhejiang MingHuang food shares development co., LTD, among others.

Download Sample PDF Copy@ https://www.theinsightpartners.com/sample/TIPRE00008348/

Tea extracts are being widely used in the production of several food items such as dairy products, cereals, cakes, instant noodles, meat & meat products, and confectionery. Besides adding taste, flavor, and aroma to the food items, these extracts are also known to impart certain health benefits to the products. For instance, the green tea extract adds brightness, hardness, stickiness, astringency, and sweetness in the formation of bread. Further, consumption of black tea is also associated with several health benefits such as lowering the incidence of acute and chronic diseases and ensuring heart health, which makes it a convenient form of tea used across several food and beverage applications. Other than convenience food items, tea extracts are also used in functional and fortified food and beverages such as dietary supplements, nutritional bars, and drinks to enhance the nutritional aspect of the product. Apart from usage in food and beverage applications, tea extracts are widely used in the pharmaceutical industry owing to the presence of a highly bioactive constituent, which causes biochemical and pharmacological effects.

Global Tea Extracts Market – By Source
• Black Tea
• Green Tea
• Oolong Tea
• Others
Global Tea Extracts Market – By Nature
• Organic
• Conventional
Global Tea Extracts Market – By Form
• Powder
• Liquid
Global Tea Extracts Market – By Application
• Food
• Beverages
• Pharmaceuticals
• Cosmetics
Global Tea Extract Market - By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Russia
o Rest of Europe
• Asia Pacific (APAC)
o Australia
o China
o India
o Japan
o South Korea
o Rest of APAC
• Middle East and Africa
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA
• South America
o Brazil
o Argentina
o Rest of SAM