Tea Extract Market to Reach US$ 4,500.7 Mn at a CAGR of 6.8% in 2027 | The Insight Partners

According to The Insights Partners latest market study on "Global Tea Extract Market to 2027 - Analysis and Forecasts by Source (Black Tea, Green Tea, Oolong Tea, Others); Application (Food, Beverages, Pharmaceuticals, Cosmetics); Nature (Organic, Conventional); Form (Powder, Liquid), and Geography", The global tea extract market is accounted to US$ 2,520.0 Mn in 2018 and is expected to grow at a CAGR of 6.8% during the forecast period 2019 - 2027, to account to US$ 4,500.7 Mn by 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

Tea is considered as the most popular and commonly served beverage in the globe. Tea extracts are defined as the concentrated form of tea and is extracted from black tea, green tea, and oolong tea, among others. The global tea extract market, by source, has been segmented into black tea, green tea, oolong tea, and others. The black tea segment dominated the global tea extract market in 2018. Moreover, the green tea segment is anticipated to grow at a faster pace over the projected period.

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Tea Extract Market: Competitive Landscape
• ADM WILD Europe GmbH & Co.KG
• Allen Flavors, Inc.
• Amelia Bay
• Damin Food (Zhangzhou) Co., Ltd.
• Dohler
• Finlays
• Fujian Xian Yang Yang Biotechnology Co., Ltd.
• Goodricke Group Limited
• Martin Bauer Group
• Quala
• Robertet Group
• ShanShan Tea
• Shenzhen Shenbao Huacheng Tech.Co., Ltd.
• Synergy Flavors
• Tata Global Beverages
• Unilever
• Zhejiang MingHuang food shares development co., LTD

Tea extracts are being widely used in the production of several food items such as dairy products, cereals, cakes, instant noodles, meat & meat products, and confectionery. Besides adding taste, flavor, and aroma to the food items, these extracts are also known to impart certain health benefits to the products. For instance, the green tea extract adds brightness, hardness, stickiness, astringency, and sweetness in the formation of bread. Further, consumption of black tea is also associated with several health benefits such as lowering the incidence of acute and chronic diseases and ensuring heart health, which makes it a convenient form of tea used across several food and beverage applications.

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Tea extracts Market Segment by Regions, regional analysis covers
 North America (United States, Canada and Mexico)
 Europe (Germany, France, UK, Russia and Italy)
 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
 South America (Brazil, Argentina, Colombia etc.)
 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

The report currently provides detailed insights on trends, market share, market size, market value, and trading volume. The global Tea extracts market report provides a comprehensive analysis of COVID-19 infections and how it has impacted market growth. This study explains the future opportunities for market participants. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory.

Table of Contents: Tea extracts Market
• Part 1: Overview of Tea extracts Market
• Part 2: Tea extracts Carts: Global Market Status and Forecast by Regions
• Part 3: Global Market Status and Forecast by Types
• Part 4: Global Market Status and Forecast by Downstream Industry
• Part 5: Market Driving Factor Analysis
• Part 6: Market Competition Status by Major Manufacturers
• Part 7: Major Manufacturers Introduction and Market Data
• Part 8: Upstream and Downstream Market Analysis
• Part 9: Cost and Gross Margin Analysis
• Part 10: Marketing Status Analysis
• Part 11: Market Report Conclusion
• Part 12: Tea extracts: Research Methodology and Reference

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