Tea Extract Market is expected to generate a revenue of USD 8.23 Billion by 2031, Globally, at 7.67% CAGR: Verified Market Research®
Lewes, Delaware, Sept. 23, 2024 (GLOBE NEWSWIRE) -- The Global Tea Extract Market Size is projected to grow at a CAGR of 7.67% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 4.55 Billion in 2024 and is expected to reach USD 8.23 Billion by the end of the forecast period.
As consumers continue to drive demand for organic, clean-label products, and wellness trends accelerate, the Tea Extract Market is projected to see significant growth. The report highlights key factors shaping the market, including:
Key Highlights of the Tea Extract Market Report:
- Market Drivers: Rising awareness of tea extract's health benefits, such as antioxidants and anti-inflammatory properties, making it popular in nutraceuticals, beverages, and cosmetics.
- Emerging Trends: Adoption of tea extract in functional food and beverage sectors, product innovations, and increased investments in R&D by key players to create high-quality, sustainable extracts.
- Market Segmentation: Detailed breakdown by type (green tea extract, black tea extract, oolong tea extract, white tea extract), by form (Powder, Liquid, Capsules/Tablets), by application (Beverages, Dietary Supplements, Cosmetics and Personal Care, Food and Confectionery, Pharmaceuticals) and region, providing targeted insights for strategic decision-making.
- Competitive Landscape: Profiling major players and their strategies for capturing market share, including new product launches, partnerships, and technological advancements.
Why This Report is Essential for Industry Leaders: This report equips decision-makers in the food & beverage, pharmaceutical, and personal care industries with actionable insights to capitalize on emerging opportunities. From identifying lucrative growth segments to understanding market challenges, the Tea Extract Market Report delivers a complete market outlook backed by reliable data and analysis.
Who Should Read This Report:
- C-suite executives looking for strategic opportunities in product development and market expansion.
- R&D teams focused on innovating new tea extract applications across various sectors.
- Business development and marketing professionals aiming to capture growing consumer interest in functional, health-centric ingredients.
The Tea Extract Market report is a must-have resource for companies looking to stay ahead of the curve in an increasingly competitive environment. It equips industry leaders with the knowledge needed to make informed decisions, drive innovation, and capitalize on emerging opportunities.
For more information or to purchase the report, please contact us at: https://www.verifiedmarketresearch.com/download-sample?rid=80758
Browse in-depth TOC on “Global Tea Extract Market Size”
202 - Pages
126 – Tables
37 – Figures
Report Scope
| REPORT ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Archer Daniels Midland, DuPont, Kemin Industries, Givaudan, Synthite Industries Ltd., Frutarom. |
| SEGMENTS COVERED | By Type, By Form, By Application, and By Geography. |
| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Global Tea Extract Market Overview
Rising Health Consciousness: The growing recognition of the health advantages linked to tea extracts, including antioxidants and anti-inflammatory effects, is a primary catalyst for the Tea Extract Market. Consumers are increasingly favoring natural, clean-label items that have practical advantages. This trend is increasing demand in sectors such as nutraceuticals, functional beverages, and cosmetics, generating profitable growth prospects for firms prepared to leverage this transition.
Expanding Functional Beverage Sector: The functional beverage sector is undergoing significant expansion, propelled by consumer demand for health-oriented, energy-enhancing drinks. Tea extracts, characterized by their abundant polyphenols and catechins, are progressively being incorporated into these beverages. This expansion stimulates demand in the Tea Extract Market, fostering innovation and creating possibilities for enterprises to distinguish themselves through product diversity and development.
Growth in Natural Cosmetic Products: The worldwide transition to natural ingredients in personal care and cosmetics has profoundly influenced the Tea Extract Market. Tea extracts, recognized for their anti-aging and skin-calming qualities, are being integrated into numerous cosmetic compositions. This demand creates new chances for market participants to launch innovative skincare products based on tea extracts, enhancing overall market growth and broadening commercial prospects in the beauty sector.
To Purchase a Comprehensive Report Analysis: https://www.verifiedmarketresearch.com/select-licence?rid=80758
High Production Costs: The increasing demand for tea extracts is hindered by substantial production costs in the Tea Extract Market. The expenses related to extraction methods, along with stringent quality control measures, pose obstacles for smaller firms. This may restrict market penetration and complicate competitive pricing, consequently hindering expansion in cost-sensitive regions or sectors such as mass-market beverages and cosmetics.
Limited Awareness in Developing Regions: Regardless its expanding global prominence, the utilization of tea extract remains constrained in certain emerging markets. Insufficient consumer understanding on the advantages of tea extracts in food, beverages, and personal care products may impede demand. This limitation in the Tea Extract Market hampers growth prospects, especially in emerging regions where economic circumstances may further obstruct the widespread use of premium tea extract products.
Supply Chain Disruptions: The Tea Extract Market is susceptible to supply chain disruptions caused by climate change, labor shortages, and trade rules affecting tea cultivation. Variations in the supply of raw tea leaves can lead to price volatility and irregular availability of tea extracts. These factors elevate operational expenses for manufacturers, engendering unpredictability and constraining enterprises' ability to satisfy increasing demand at consistent prices.
Geographical Dominance:
The Asia-Pacific region leads the Tea Extract Market, propelled by substantial tea production in nations such as China, India, and Japan. These regions benefit from ample raw material availability and robust traditional tea consumption, driving market expansion. The increasing demand for tea-based products in Europe and North America enhances global expansion. This geographical advantage provides a competitive benefit, improving supply chain efficiency and allowing enterprises to access new markets.
Key Players
The “Global Tea Extract Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Archer Daniels Midland, DuPont, Kemin Industries, Givaudan, Synthite Industries Ltd., Frutarom.
Tea Extract Market Segment Analysis
Based on the research, Verified Market Research has segmented the global Tea Extract Market into Type, Form, Application and Geography.
- Tea Extract Market, by Type
- Green Tea Extract
- Black Tea Extract
- Oolong Tea Extract
- White Tea Extract
- Tea Extract Market, by Form
- Powder
- Liquid
- Capsules/Tablets
- Tea Extract Market, by Application
- Beverages
- Dietary Supplements
- Cosmetics and Personal Care
- Food and Confectionery
- Pharmaceuticals
- Tea Extract Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
Browse Related Reports:
Global Ready-To-Drink Green Tea Market Size By Type (Flavored, Unflavored), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online stores), By Geography, And Forecast
Global Oolong Tea Market Size by Form (Loose Leaf, Powder), Flavor (Flavored, Plain), Distribution Channel (Store-Based, Non-Store-Based), By Geography, And Forecast
Global Tea Tree Oil Market Size By Product Type (Pharmaceutical Grade Oil, Premium Grade Oil), Application (Cosmetics and Toiletries, Therapeutics), Distribution Channel (Supermarket/Hypermarket, Wholesaler/Distributor, Departmental Stores), By Geography, And Forecast
Global Green Tea Market Size By Flavors (Aloe-Vera, Cinnamon, Lemon), By Form (Loose Leaf, Tea Bags, Powder), By Distribution Channel (Supermarkets/Hypermarkets, Online Retail), By Geography, And Forecast
Top 10 Tea Companies defining the taste of luxury across the world
Visualize Tea Extract Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, VMR has been instrumental in providing founders and companies with precise, up-to-date research data.
With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.
VMR's domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.
Verified Market Research® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights VMR's dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.
Mr. Edwyne Fernandes Verified Market Research® US: +1 (650)-781-4080 US Toll Free: +1 (800)-782-1768 Email: sales@verifiedmarketresearch.com Web: https://www.verifiedmarketresearch.com/ Follow Us: LinkedIn | Twitter SOURCE – Verified Market Research®
© Copyright Globe Newswire, Inc. All rights reserved. The information contained in this news report may not be published, broadcast or otherwise distributed without the prior written authority of Globe Newswire, Inc.
