Market Overview:
The global functional component tea extract market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for tea polyphenols, tea polysaccharide, and theaflavins in pharmaceuticals, cosmetics, health food, and other applications. North America is expected to lead the global functional component tea extract market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Tea extract is a functional component derived from tea leaves. It is rich in antioxidants and has been shown to have anti-inflammatory and antimicrobial properties. Tea extract can be used in skin care products to help protect against UV damage, reduce inflammation, and fight bacteria.
Tea Polyphenols:
Polyphenols are naturally occurring plant derivatives and their antioxidant properties have been known to science for many years. Recent research has shown that polyphenols may also be used as a source of bio-active ingredients in functional foods and beverages. Tea polyphenol extract is one such product, which contains high levels of the substance. It is mainly found in green tea leaves, but can also be found in other teas like Oolong tea and black tea as well.
Tea Polysaccharide:
Tea polysaccharide is a polymer, which is extracted from the leaves of Camellia sinensis plant. Tea polysaccharide also helps in reducing the risk of cardiovascular diseases by improving blood circulation in the body.
Application Insights:
The cosmetics application segment led the market and accounted for more than 30.0% share of the global revenue in 2017. The product is widely used as a functional ingredient owing to its antioxidant, anti-inflammatory and skin-soothing properties. Furthermore, it helps reduce pore clogging by improving skin's natural ability to cleanse itself.
Functional tea extract finds applications in various cosmetic products such as skincare creams, eye care gels and lotions, hair care products including shampoos and conditioners along with oral care products such as toothpaste.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing consumption of tea as a hot beverage, growing health concerns among consumers regarding exposure to environmental pollutants, and rising disposable income levels. The Asia Pacific functional component tea extract market is expected to grow at a significant rate owing to increasing awareness about these extracts benefits coupled with an increase in per capita expenditure on nutritional products by consumers.
The Middle East & Africa region is anticipated witness considerable growth over the forecast period owing to high product demand from various end-use industries including cosmetics, pharmaceuticals, food & beverages and other sectors due primarilyto factors such as changing lifestyles of people along with their willingness towards adopting new products that offer health benefits are driving industry growth in this region.
Growth Factors:
- Increasing demand for tea extract as a functional ingredient in food and beverage products
- Rising awareness about the health benefits of tea extract among consumers
- Growing popularity of herbal supplements and functional foods among health-conscious consumers
- Proliferation of new product launches containing tea extract as a key ingredient
- Increasing investment by manufacturers in research and development to create innovative tea extract-based products
Scope Of The Report
Report Attributes
Report Details
Report Title
Functional Component Tea Extract Market Research Report
By Type
Tea Polyphenols, Tea Polysaccharide, Theaflavins, Other
By Application
Pharmaceutical, Cosmetics, Health Food, Other
By Companies
Finlays, Hunan Sunfull Bio-tech, Taiyo, Tearevo, AVT Natural Products, Archer Daniels Midland, Dehe, Jiangxi Rich Source Biotechnology, Liming Biotech, Hainan Qunli, Kemin, Sichuan Yujia Tea, Martin Bauer Group, Tata Global Beverages
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Functional Component Tea Extract Market Report Segments:
The global Functional Component Tea Extract market is segmented on the basis of:
Types
Tea Polyphenols, Tea Polysaccharide, Theaflavins, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical, Cosmetics, Health Food, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Finlays
- Hunan Sunfull Bio-tech
- Taiyo
- Tearevo
- AVT Natural Products
- Archer Daniels Midland
- Dehe
- Jiangxi Rich Source Biotechnology
- Liming Biotech
- Hainan Qunli
- Kemin
- Sichuan Yujia Tea
- Martin Bauer Group
- Tata Global Beverages
Highlights of The Functional Component Tea Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tea Polyphenols
- Tea Polysaccharide
- Theaflavins
- Other
- By Application:
- Pharmaceutical
- Cosmetics
- Health Food
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Functional Component Tea Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Functional Component Tea Extract is a natural extract made from the leaves and buds of Camellia sinensis. It has been traditionally used in Asia to improve cognitive function and overall well-being.
Some of the major players in the functional component tea extract market are Finlays, Hunan Sunfull Bio-tech, Taiyo, Tearevo, AVT Natural Products, Archer Daniels Midland, Dehe, Jiangxi Rich Source Biotechnology, Liming Biotech, Hainan Qunli, Kemin, Sichuan Yujia Tea, Martin Bauer Group, Tata Global Beverages.
The functional component tea extract market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Functional Component Tea Extract Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Functional Component Tea Extract Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Functional Component Tea Extract Market - Supply Chain
4.5. Global Functional Component Tea Extract Market Forecast
4.5.1. Functional Component Tea Extract Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Functional Component Tea Extract Market Size (000 Units) and Y-o-Y Growth
4.5.3. Functional Component Tea Extract Market Absolute $ Opportunity
5. Global Functional Component Tea Extract Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Functional Component Tea Extract Market Size and Volume Forecast by Type
5.3.1. Tea Polyphenols
5.3.2. Tea Polysaccharide
5.3.3. Theaflavins
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Functional Component Tea Extract Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Functional Component Tea Extract Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical
6.3.2. Cosmetics
6.3.3. Health Food
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Functional Component Tea Extract Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Functional Component Tea Extract Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Functional Component Tea Extract Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Functional Component Tea Extract Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Functional Component Tea Extract Demand Share Forecast, 2019-2026
9. North America Functional Component Tea Extract Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Functional Component Tea Extract Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Functional Component Tea Extract Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical
9.4.2. Cosmetics
9.4.3. Health Food
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Functional Component Tea Extract Market Size and Volume Forecast by Type
9.7.1. Tea Polyphenols
9.7.2. Tea Polysaccharide
9.7.3. Theaflavins
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Functional Component Tea Extract Demand Share Forecast, 2019-2026
10. Latin America Functional Component Tea Extract Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Functional Component Tea Extract Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Functional Component Tea Extract Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical
10.4.2. Cosmetics
10.4.3. Health Food
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Functional Component Tea Extract Market Size and Volume Forecast by Type
10.7.1. Tea Polyphenols
10.7.2. Tea Polysaccharide
10.7.3. Theaflavins
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Functional Component Tea Extract Demand Share Forecast, 2019-2026
11. Europe Functional Component Tea Extract Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Functional Component Tea Extract Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Functional Component Tea Extract Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical
11.4.2. Cosmetics
11.4.3. Health Food
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Functional Component Tea Extract Market Size and Volume Forecast by Type
11.7.1. Tea Polyphenols
11.7.2. Tea Polysaccharide
11..3. Theaflavins
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Functional Component Tea Extract Demand Share, 2019-2026
12. Asia Pacific Functional Component Tea Extract Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Functional Component Tea Extract Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Functional Component Tea Extract Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical
12.4.2. Cosmetics
12.4.3. Health Food
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Functional Component Tea Extract Market Size and Volume Forecast by Type
12.7.1. Tea Polyphenols
12.7.2. Tea Polysaccharide
12.7.3. Theaflavins
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Functional Component Tea Extract Demand Share, 2019-2026
13. Middle East & Africa Functional Component Tea Extract Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Functional Component Tea Extract Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Functional Component Tea Extract Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical
13.4.2. Cosmetics
13.4.3. Health Food
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Functional Component Tea Extract Market Size and Volume Forecast by Type
13.7.1. Tea Polyphenols
13.7.2. Tea Polysaccharide
13.7.3. Theaflavins
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Functional Component Tea Extract Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Functional Component Tea Extract Market: Market Share Analysis
14.2. Functional Component Tea Extract Distributors and Customers
14.3. Functional Component Tea Extract Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Finlays
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hunan Sunfull Bio-tech
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Taiyo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tearevo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AVT Natural Products
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Archer Daniels Midland
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dehe
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jiangxi Rich Source Biotechnology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Liming Biotech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hainan Qunli
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kemin
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sichuan Yujia Tea
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Martin Bauer Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tata Global Beverages
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook