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Phase-Xs | Biologics & Biosimilars | Coherent Market Insights

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Tea extracts derived from plants such as Camellia Sinensis contain natural molecules named Catechins (polyphenols) which have antioxidant properties. The popularity of green tea extracts is increasing at a rapid pace over the last few years due to the belief of tea extracts assisting the process of weight loss and facilitating skin and hair care. Thus, several tea manufacturers have started leveraging these properties by selling tea extracts across several industrial sectors like food & beverages, cosmetics, and pharmaceuticals.

The global tea extracts market is estimated to surpass US$ 21,091.5 Mn by the end of 2027 in terms of revenue, exhibiting a CAGR of 7.6% during the forecast period (2020 to 2027).

Drivers

Health-related issues among the millennial population have been on the rise for the past few years, owing to consumption of junk food, work-life imbalance, and hectic daily routine, which leaves no time for exercise. For instance, as per the NHANES (National Health and Nutrition Examination 2017-18 Survey), obese adults above the age of 20 years accounted for around 42.4% of the overall U.S. population.

Thus, the need for the consumption of natural or organic tea extracts is being foreseen across the globe. Moreover, a research article published by Anticancer Research in November 2018 stated that the consumption of oolong tea extracts helps in fighting against breast cancer. These extracts induce DNA cleavage and thus damage the breast cancer cells, thereby delaying their growth. As per the report by the U.S. Breastcancer Organization published on 4th February 2021, around 13% of U.S. women are prone to develop breast cancer in their lifetime. Thus, the popularity of tea extracts to prevent such diseases is expected to gain traction in the upcoming years.

Among regions, North America held dominant position in the global tea extracts market in 2019, accounting for 37.6% market share in terms of revenue, followed by Europe and Asia Pacific.

Figure 1. Global Tea Extracts Market Revenue Share (%), By Region, 2019

Tea Extracts  | Coherent Market Insights

Market Restraints

Rapid discoveries and research in food technology has opened up doors for several other alternatives to tea extracts. For instance, roots and extracts of Ginseng, an important medicinal plant widely popular across Asia, provides similar advantages as that of tea extracts. Moreover, Maca, a cruciferous vegetable found in central Peru, helps in combating fatigue and thus, can act as an alternative to tea extracts with regards to the production of energy boosting beverages. Thus, key players in this market like CWAY GROUP, a prominent food and beverage manufacturer, developed 100% caffeine-free Maca energy drink, which claims to provide many health benefits to the human body.

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Tea Extracts Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 12,625.7 Mn
Historical Data for: 2017 to 2018 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 7.6% 2027 Value Projection: US$ 21,091.5 Mn
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Brazil, Argentina, Mexico, Rest of Latin America
  • Europe: U.K., Germany, France, Italy, Spain, Russia, Rest of Europe
  • Asia Pacific: China, Japan, India, South Korea, ASEAN, Australia, Rest of Asia Pacific
  • Middle East & Africa: Middle East, Africa
Segments covered:
  • By Type: Green Tea, Oolong Tea, Black Tea, Herbal/ Fruit Tea, White Tea, and Others
  • By Nature: Organic, and Conventional
  • By Form: Liquid, Powder, and Encapsulated
  • By Application: Food & Beverages, Dietary Supplements, RTD Beverages, Cosmetics, and Others
Companies covered:

AVT Natural, Archer Daniels Midland Company, Blueberry Agro, Cymbio Pharma Pvt Ltd., Harrisons Malayalam Ltd., Indena S.p.A., Martin Bauer Group, Synthite Industries Ltd., Synergy Flavors, Teawolf, and Taiyo International

Growth Drivers:
  • Increasing awareness about health benefits of tea extracts
  • Surging popularity of innovative and fortified beverages
Restraints & Challenges:
  • Increasing number of substitute products

Market Trends

Various types of tea extracts are widely used across the cosmetics industry. This can be attributed to the anti-inflammatory and antioxidant properties of tea extracts. Moreover, the shifting inclination towards natural and organic cosmetic products across the globe is expected to trigger the demand for tea extracts. For example, in March 2017, Amway Inc. launched its G&H lotion collection that included G&H Refresh+, a body milk & body wash gel that contains green tea extracts.

Figure 2. Global Tea Extracts Market – Opportunity Analysis

Tea Extracts  | Coherent Market Insights

Based on application, in 2019, the food & beverages segment accounted for 32.4% of the revenue share across the global tea extracts market. Tea extracts are known to have natural antioxidants, which help them in gaining popularity across the food industry. Thus, a majority of the beverage manufacturers are expanding their product line to plant-based functional extracts. For instance, in October 2017, (ADM) Archer Daniels Midland Company expanded its plant-based functional extracts product line to include green tea, an antioxidant blend, and acerola, a tropical fruit that is rich in vitamin C and bioflavonoids among other nutritional ingredients. Apart from its usage as seasonings in the food industry, tea extracts are also used for bread, frozen dairy desserts, candies, and other food items. On the other hand, tea extracts are used in the beverage industry as a flavor in alcoholic beverages

Figure 3. Global Tea Extracts Market Revenue Share (%), By Application, 2019

Tea Extracts  | Coherent Market Insights

Global Tea Extracts Market - Impact of Coronavirus (Covid-19) Pandemic

The outbreak of coronavirus has negatively impacted the supply chain of the tea extracts industry. This can be attributed to the imposition of lockdown, travel restrictions, and shutting down of restaurants and cafes. Moreover, challenges associated with procurement of raw materials i.e. tea leaves, etc. owing to disruption in the supply chain have further hampered the tea extracts market growth. However, as per the guidelines prescribed by WHO (World Health Organization), the increasing need for the development of immunity booster medicines and vaccines has forced several pharmaceutical industries to test a variety of natural and plant-based products such as tea extracts over the post-pandemic period.

Competitive Section

Key players operating in the global tea extracts market include AVT Natural, Archer Daniels Midland Company, Blueberry Agro, Cymbio Pharma Pvt Ltd., Harrisons Malayalam Ltd., Indena S.p.A., Martin Bauer Group, Synthite Industries Ltd., Synergy Flavors, Teawolf, and Taiyo International

Tea extracts are supplements derived from tea plants. These extracts contain active ingredients such as concentrated antioxidants, vitamins, polyphenols, and flavonoids.  Tea extracts are used in the production of dietary supplements, food & beverages, cosmetics, and RTD (Ready-To-Drink) beverages. Consumption of tea extracts is believed to promote healthy functioning of the skin, liver, heart, and brain.  Also, other health benefits associated with tea extracts such as improvement in the urinal output of individuals, proper functioning of brain messengers, and improvement in alertness are promoting the demand for tea extracts across the globe.

Market Dynamics

The growing demand for antioxidants and natural ingredient-based beverages due to the increasing consumption of low calorie food around the globe is expected to provide potential opportunities for tea extract manufacturers. Thus, several newly derived beverage formats like ready-to-drink tea, sparkling tea, cold brew, and sparkling beverages are including tea extracts as one of their major ingredients.

Major players operating in the beverages market are focusing on various strategies such as product development and innovating products using tea extracts to widen their product portfolio. For instance, in May 2017, Tata Global Beverages launched a ready-to-drink tea named Tata Tea Fruski, which comprised of tea extracts as one of their key ingredients.

Moreover, the rising need to develop cleaner alternatives as compared to conventional beverages is driving various manufacturers to develop innovative products. For example, in June 2020, a prominent brand of sparkling water named Phocus launched cola-flavored sparkling water. Also, players like CWAY GROUP, a prominent food and beverage manufacturer, developed 100% caffeine-free Maca Energy Drink, which provides good health benefits to human body.

Key features of the study:

  • This report provides in-depth analysis of tea extracts market, and provides market size (US$ Million and KT) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global tea extracts based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include AVT Natural, Archer Daniels Midland Company, Blueberry Agro, Cymbio Pharma Pvt Ltd., Harrisons Malayalam Ltd., Indena S.p.A., Martin Bauer Group, Synthite Industries Ltd., Synergy Flavors, Teawolf, and Taiyo International
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology market expansion, and marketing tactics
  • The global tea extracts market report caters to various stakeholders in this industry including investors, suppliers, tea extracts manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global tea extracts market

Detailed Segmentation:

  • Global Tea Extracts Market, By Type:
    • Green Tea
    • Oolong Tea
    • Black Tea
    • Herbal/ Fruit Tea
    • White Tea
    • Others
  • Global Tea Extracts Market, By Nature:
    • Organic
    • Conventional
  • Global Tea Extracts Market, By Form:
    • Liquid
    • Powder
    • Encapsulated
  • Global Tea Extracts Market, By Application:
    • Food & Beverages
    • Dietary Supplements
    • RTD Beverages
    • Cosmetics
    • Others
  • Global Tea Extracts Market, By Region:
    • North America
      • U.S.
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Canada
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
    • Latin America
      • Brazil
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Argentina
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Mexico
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Rest of Latin America
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
    • Europe
      • U.K.
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Germany
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • France
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Italy
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Spain
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Russia
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Rest of Europe
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
    • Asia Pacific
      • China
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Japan
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • India
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • South Korea
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • ASEAN
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Australia
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Rest of Asia Pacific
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
    • Middle East & Africa
      • Middle East
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
      • Africa
        • By Type:
          • Green Tea
          • Oolong tea
          • Black Tea
          • Herbal/ Fruit Tea
          • White Tea
          • Others
        • By Nature:
          • Organic
          • Conventional
        • By Form:
          • Liquid
          • Powder
          • Encapsulated
        • By Application:
          • Food & Beverages
          • Dietary Supplements
          • RTD Beverages
          • Cosmetics
          • Others
  •  Company Profiles
    • AVT Natural*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Archer Daniels Midland Company
    • Blueberry Agro
    • Cymbio Pharma Pvt Ltd.
    • Harrisons Malayalam Ltd.
    • Indena S.p.A.
    • Martin Bauer Group
    • Synthite Industries Ltd.
    • Synergy Flavors
    • Teawolf
    • Taiyo International

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Nature
      • Market Snippet, By Form
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • PEST Analysis
      • PORTER’s Five Forces Analysis
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
  4. Global Tea Extracts Market - Impact of Coronavirus (Covid-19) Pandemic
    • Overview
    • Factors Affecting Global Tea Extracts Market – COVID-19
    • Impact Analysis
  5. Global Tea Extracts Market, By Extract Type, 2017- 2027 (US$ Mn & KT)
    • Introduction
      • Market Share Analysis, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Green Tea
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Oolong Tea
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Black Tea
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Herbal/ Fruit Tea
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • White Tea
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  6. Global Tea Extracts Market, By Nature, 2017- 2027 (US$ Mn & KT)
    • Introduction
      • Market Share Analysis, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Organic
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Conventional
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  7. Global Tea Extracts Market, By Form, 2017- 2027 (US$ Mn & KT)
    • Introduction
      • Market Share Analysis, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Liquid
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Powder
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Encapsulated
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  8. Global Tea Extracts Market, By Application, 2017- 2027 (US$ Mn & KT)
    • Introduction
      • Market Share Analysis, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Food & Beverages
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Dietary Supplements
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • RTD Beverages
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Cosmetics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  9. Global Tea Extracts Market, By Region, 2017- 2027 (US$ Mn & KT)
    • Introduction
      • Market Share Analysis, By Region, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2020 - 2027
    • North America
      • Market Share Analysis, By Country, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
    • Latin America
      • Market Share Analysis, By Country, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
    • Europe
      • Market Share Analysis, By Country, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • France
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
    • Asia Pacific
      • Market Share Analysis, By Country, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • India
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
    • Middle East & Africa
      • Market Share Analysis, By Sub-Region, 2019, 2022 and 2027 (%)
      • Y-o-Y Growth Analysis, By Sub-Region, 2020 - 2027
        • Middle East
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Africa
          • Country Trends
          • Market Size and Forecast, By Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Nature, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
  10. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • AVT Natural
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Archer Daniels Midland Company
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Blueberry Agro
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Cymbio Pharma Pvt Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Harrisons Malayalam Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Indena S.p.A.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Martin Bauer Group
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Synthite Industries Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Synergy Flavors
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Teawolf
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Taiyo International
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
  11. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 50 market data tables* and 40 figures* on "Tea Extracts Market” - Global forecast to 2027.

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Frequently Asked Questions

The global tea extracts market is estimated to surpass US$ 21,091.5 Mn by 2027 and is expected to exhibit a CAGR of 7.6% between 2020 and 2027.
The increasing awareness about health benefits of tea extracts is expected to drive the market growth during the forecast period.
Encapsulation of tea extracts for producing tablets undertaken across pharmaceutical sector across the globe is projected to offer lucrative opportunities for key market players in the near future.
Rising number of substitutes to conventional tea extracts is expected to act as a restraining factor for the tea extracts market.
Major players operating in the market include AVT Natural, Archer Daniels Midland Company, Blueberry Agro, Cymbio Pharma Pvt Ltd., Harrisons Malayalam Ltd., Indena S.p.A., Martin Bauer Group, Synthite Industries Ltd., Synergy Flavors, Teawolf, and Taiyo International
The market was valued at US$ 12,625.7 Mn in terms of revenue in 2019.
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