Press release
Tea Extracts Market - Global Industry Research Analysis 2022-28
Precision Business Insights published a research report on "Tea Extracts Market: By Source (Black Tea, Green Tea and Oolong Tea), By Form (Powder, Liquid), By Category (Organic, Conventional) By Application (Food, Beverages, Pharmaceuticals, Cosmetics and Others) - Global/Region/Country Forecast to 2028"Catechins (polyphenols) are natural compounds found in tea extracts derived from plants also including Camellia Sinensis that have antioxidant effects. Green tea extracts have become increasingly popular in recent years due to the assumption that they can help with weight loss and skin & hair care. As a result, some tea manufacturers have begun to capitalize on these benefits by marketing tea extracts in a variety of industries, including food and beverage, cosmetics, and pharmaceuticals.
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For the past several years, health-related difficulties among millennials have been on the rise, owing to junk food intake, a work-life balance, and a demanding daily routine that leaves no time for exercise. As a result, the demand for organically grown tea extracts is expected to grow over the world. Furthermore, according to a study published in November 2018 in Anticancer Research, drinking oolong tea extracts can help prevent breast cancer. These extracts cause DNA cleavage in breast cancer cells, which damages them and slows their proliferation. Tea extracts come in a variety of forms and are commonly used in the cosmetics sector. The anti-inflammatory, as well as antioxidant properties of tea extracts, are responsible for this. Furthermore, the growing popularity of natural and organic cosmetics around the world is predicted to boost demand for tea extracts. Several different alternatives to tea extracts have emerged as a result of rapid food technology discoveries and research. Ginseng roots and extracts, for example, an important medicinal herb prevalent throughout Asia, offer similar benefits to tea extracts. Furthermore, Maca, a root vegetable native to central Peru, aids in fatigue relief and so might be used instead of tea extracts in the creation of energy drinks.
The Global Tea Extracts Market on the basis of Source, the market is fragmented into Black Tea, Green Tea and Oolong Tea. On the basis of Form, the market is bifurcated into Powder and Liquid. On the basis of Category, the market is categorized into Organic and Conventional. On the basis of Application, the market is classified into Food, Pharmaceuticals, Beverages, Cosmetics and Others.
The Asian-Pacific tea extracts market is smaller than the North American and European markets. Furthermore, the tea extracts market in Asia-Pacific is fragmented, with a number of rising and small-scale enterprises developing generic tea extracts for the Chinese market. Countries like China, India, Malaysia, and Thailand will be promising markets for tea extracts due to increased FDI and rising living standards.
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There are several industry players working in the Tea Extracts Market, which include Finlay Tea Solutions UK Ltd, Akbar Brothers (Pvt) Ltd, Martin Bauer GmbH & Co KG, Tata Global Beverages Limited, Amax NutraSource Inc, Cymbio Pharma Pvt Ltd, Kemin Industries, Inc.
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