The tea extracts market is projected to reach value of USD 3.89 Billion by 2027, according to a recent analysis by Emergen Research. Health consciousness among consumers, higher affordability of tea than its alternatives, and increase in consumption of soft beverages are some of the key factors driving the market. The recent mentionable rise in the consumption of tea has been quite beneficial for the market.
Rejuvenating characteristics of tea extracts that work as an instant energy booster have been driving the tea extracts market substantially over the last few years. Also, benefits in terms of weight loss and de-stressing offered by chemicals in tea extracts are some of the drivers of the market.
The global tea extracts market is expected to remain in a competitive and highly fragmented landscape, consisting of a large number of small start-ups, medium enterprises, and large conglomerates. Increasing demand for technological advancements and high diversification in the products offered provides high growth potential to new players.
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The report provides detailed insights into Tea Extracts market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Tea Extracts market size over the forecast period, 2020–2028. The report includes profiles of major players in the Tea Extracts market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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Global Tea Extracts market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the Tea Extracts market.
Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Tea Extracts market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Tea Extracts market revenue growth to a significant extent over the forecast period.
Top key vendors in Tea Extracts Market include are:
Teawolf,
AVT Tea Sources Ltd,
Frutarom,
Givaudan,
Finlays, and
Taiyo International
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Form Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
- Liquid
- Powder
- Encapsulated
- Distribution Channel Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
- Supermarkets
- Online Retailers
- Convenience Stores
- Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
- Food Beverage
- Cosmetics
- Pharmaceuticals
- Others
- Nature Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
- Conventional
- Organic
- Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
- Black Tea
- Green Tea
- Oolong Tea
- Others
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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Tea Extracts Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Region wise performance of the Tea Extracts industry
North America Tea Extracts market revenue growth was relatively higher than that of other regional markets in 2020. North America market revenue is expected to continue to remain dominant over the forecast period, supported majorly by robust presence of major players in countries in the region and expansion of overall economic Tea Extracts growth strategies and initiatives.
Asia Pacific Tea Extracts market revenue registered the fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Tea Extracts market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. Increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries are some key factors driving Tea Extracts market revenue growth in Asia Pacific.
Europe Tea Extracts market revenue is expected to continue to remain steady over the forecast period. This can be attributed to changing Tea Extracts market trends in countries in other major regions and robust focus on research and development initiatives by major firms in the region with the objective to leverage opportunities and drive Tea Extracts revenue growth.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/416
The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Tea Extracts industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Tea Extracts market across different regions?
- Who are the major driving forces expected to decide the fate of the Tea Extracts industry worldwide?
- Who are the prominent market players making a mark in the Tea Extracts market with their winning strategies?
- Which Tea Extracts industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Tea Extracts market?
Table of Content
Chapter 1. Methodology Sources
1.1. Tea Extracts Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Tea Extracts Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Tea Extracts Market Segmentation Impact Analysis
4.1. Tea Extracts Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Tea Extracts Market indicators analysis
4.2.2. Tea Extracts Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Tea Extracts Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Tea Extracts products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Tea Extracts Market Revenue Share By Manufacturers
10.2. Mergers Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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