Market Overview:
The global tea extract market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into functional component extract, instant tea powder and concentrated tea liquid. Instant tea powder and concentrated tea liquid occupy about 80% of the market share. On the basis of application, beverages account for majority of the share in terms of revenue followed by cosmetics and functional foods. Tea extract is most widely used in drinks accounting for about 90%of th emarket share .
Product Definition:
Tea extract is a type of herbal extract that is made from the leaves and buds of the tea plant (Camellia sinensis). Tea extract is used as a natural flavoring and coloring agent in food products, and it has also been used as a natural medicine for centuries.
Functional Component Extract:
Functional Component Extract (FCE) is a high-grade tea extract, obtained from the leaves of Camellia sinensis plant. It consists of bioactive compounds such as caffeine, theobromine and lutein which are known for their ability to improve physical and mental alertness along with reducing stress and hypertension.
The product has been used in food & beverage industry as well as medical sector owing to its health benefits.
Instant Tea Powder:
Instant tea powder is a concentrated blend of flavoring and tea extract. It contains all the ingredients needed to make perfect cup of tea. The product is available in different flavors such as lemon, vanilla, chamomile, jasmine and ginger with other ingredients like milk powder sugar and artificial sweetener.
The product also provides benefits such as it's easy to store & carry along which makes it more preferable for consumers who like traveling light.
Application Insights:
The functional foods segment is expected to witness the fastest growth over the forecast period. The growing importance of tea extract in functional food applications owing to its antioxidant, anti-inflammatory and anti-microbial properties will drive the demand for tea extracts in this application segment. In addition, increasing awareness regarding health benefits among working class professionals and a growing middle class population will fuel market growth over the forecast period.
The cosmetics application was valued at USD 55 million in 2017 owing to its wide usage as an ingredient for various skin care products such as moisturizers, face creams, eye drops and lipsticks among others.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market at a CAGR of XX% from 2018 to 2030 owing to increasing consumption in countries such as India, China, Japan and South Korea. The region has been witnessing an increase in demand for functional food items due to changing lifestyles and rising disposable incomes of consumers. Furthermore, the growth of key application industries including cosmetics will have a positive impact on tea extract industry over the forecast period.
North America is projected to witness significant growth over the coming years owing to high consumer awareness regarding health benefits associated with different types of extracts such as anti-aging properties or energy boosting effects resulting from green tea extracts or adaptogen herbs like ginseng obtained from Panax Ginseng roots grown in this region which are highly consumed across Asia Pacific especially in China.
Growth Factors:
- Increasing demand for tea extract as a natural flavoring and coloring agent in food and beverage industry.
- Rising awareness about the health benefits of tea extract among consumers.
- Growing popularity of herbal supplements and functional foods containing tea extract.
- Technological advancements in extraction process that improve the quality and purity of tea extracts.
- Expansion of distribution channels for selling tea extracts to various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Tea Extract Market Research Report
By Type
Functional Component Extract, Instant Tea Powder, Concentrated Tea Liquid, , Instant tea powder and concentrated tea liquide, these two categories occupy about 80% of the market share.
By Application
Beverages, Cosmetics, Functional Foods, , Tea extract is the most widely used in drinks, accounting for about 90% of the market share.
By Companies
Finlays, Hunan Sunfull Bio-tech, Taiyo Green Power, Tearevo, Shenzhen Shenbao Huacheng Tech, Fujian Xianyangyang Biological Technology, 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Tea Extract Market Report Segments:
The global Tea Extract market is segmented on the basis of:
Types
Functional Component Extract, Instant Tea Powder, Concentrated Tea Liquid, , Instant tea powder and concentrated tea liquide, these two categories occupy about 80% of the market share.
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
Beverages, Cosmetics, Functional Foods, , Tea extract is the most widely used in drinks, accounting for about 90% of the market share.
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 Green Power
- Tearevo
- Shenzhen Shenbao Huacheng Tech
- Fujian Xianyangyang Biological Technology
- 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 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:
- Functional Component Extract
- Instant Tea Powder
- Concentrated Tea Liquid
- Instant tea powder and concentrated tea liquide, these two categories occupy about 80% of the market share.
- By Application:
- Beverages
- Cosmetics
- Functional Foods
- Tea extract is the most widely used in drinks, accounting for about 90% of the market share.
- 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 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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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?
Tea extract is a concentrated form of the leaves and flowers of the tea plant. It is used as a flavoring agent, preservative, and colorant in food products.
Some of the key players operating in the tea extract market are Finlays, Hunan Sunfull Bio-tech, Taiyo Green Power, Tearevo, Shenzhen Shenbao Huacheng Tech, Fujian Xianyangyang Biological Technology, 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.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 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. 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. Tea Extract Market - Supply Chain
4.5. Global Tea Extract Market Forecast
4.5.1. Tea Extract Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tea Extract Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tea Extract Market Absolute $ Opportunity
5. Global 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. Tea Extract Market Size and Volume Forecast by Type
5.3.1. Functional Component Extract
5.3.2. Instant Tea Powder
5.3.3. Concentrated Tea Liquid
5.3.5. Instant tea powder and concentrated tea liquide, these two categories occupy about 80% of the market share.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global 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. Tea Extract Market Size and Volume Forecast by Application
6.3.1. Beverages
6.3.2. Cosmetics
6.3.3. Functional Foods
6.3.5. Tea extract is the most widely used in drinks, accounting for about 90% of the market share.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global 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. 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 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. 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 Tea Extract Demand Share Forecast, 2019-2026
9. North America 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 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 Tea Extract Market Size and Volume Forecast by Application
9.4.1. Beverages
9.4.2. Cosmetics
9.4.3. Functional Foods
9.4.5. Tea extract is the most widely used in drinks, accounting for about 90% of the market share.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tea Extract Market Size and Volume Forecast by Type
9.7.1. Functional Component Extract
9.7.2. Instant Tea Powder
9.7.3. Concentrated Tea Liquid
9.7.5. Instant tea powder and concentrated tea liquide, these two categories occupy about 80% of the market share.
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 Tea Extract Demand Share Forecast, 2019-2026
10. Latin America 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 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 Tea Extract Market Size and Volume Forecast by Application
10.4.1. Beverages
10.4.2. Cosmetics
10.4.3. Functional Foods
10.4.5. Tea extract is the most widely used in drinks, accounting for about 90% of the market share.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tea Extract Market Size and Volume Forecast by Type
10.7.1. Functional Component Extract
10.7.2. Instant Tea Powder
10.7.3. Concentrated Tea Liquid
10.7.5. Instant tea powder and concentrated tea liquide, these two categories occupy about 80% of the market share.
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 Tea Extract Demand Share Forecast, 2019-2026
11. Europe 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 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 Tea Extract Market Size and Volume Forecast by Application
11.4.1. Beverages
11.4.2. Cosmetics
11.4.3. Functional Foods
11.4.5. Tea extract is the most widely used in drinks, accounting for about 90% of the market share.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tea Extract Market Size and Volume Forecast by Type
11.7.1. Functional Component Extract
11.7.2. Instant Tea Powder
11.7.3. Concentrated Tea Liquid
11.7.5. Instant tea powder and concentrated tea liquide, these two categories occupy about 80% of the market share.
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 Tea Extract Demand Share, 2019-2026
12. Asia Pacific 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 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 Tea Extract Market Size and Volume Forecast by Application
12.4.1. Beverages
12.4.2. Cosmetics
12.4.3. Functional Foods
12.4.5. Tea extract is the most widely used in drinks, accounting for about 90% of the market share.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tea Extract Market Size and Volume Forecast by Type
12.7.1. Functional Component Extract
12.7.2. Instant Tea Powder
12.7.3. Concentrated Tea Liquid
12.7.5. Instant tea powder and concentrated tea liquide, these two categories occupy about 80% of the market share.
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 Tea Extract Demand Share, 2019-2026
13. Middle East & Africa 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 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 Tea Extract Market Size and Volume Forecast by Application
13.4.1. Beverages
13.4.2. Cosmetics
13.4.3. Functional Foods
13.4.5. Tea extract is the most widely used in drinks, accounting for about 90% of the market share.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tea Extract Market Size and Volume Forecast by Type
13.7.1. Functional Component Extract
13.7.2. Instant Tea Powder
13.7.3. Concentrated Tea Liquid
13.7.5. Instant tea powder and concentrated tea liquide, these two categories occupy about 80% of the market share.
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 Tea Extract Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tea Extract Market: Market Share Analysis
14.2. Tea Extract Distributors and Customers
14.3. 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 Green Power
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. Shenzhen Shenbao Huacheng Tech
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fujian Xianyangyang Biological Technology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AVT Natural Products
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Archer Daniels Midland
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dehe
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jiangxi Rich Source Biotechnology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Liming Biotech
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hainan Qunli
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kemin
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sichuan Yujia Tea
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Martin Bauer Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Tata Global Beverages
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
