Tea Extracts Market Is Expected To Surpass US$ 22,694.4 Million By 2028
Increasing health-related issues among the millennial population due to consumption of junk food, work-life imbalance, and hectic daily routine, which does not leave much time for exercise is driving the demand for tea extracts across the globe. Thus key players are developing advanced beverages to cater to the individual's nutritional demands. For instance, one of a prominent beverage manufacturer named Kill Kliff added two new performance beverages to its product portfolio in November 2019. The products named Mango Tango, and the G.O.A.T. (Grape-est of All Time) contains green tea extracts for providing healthy bioactive and antioxidant compounds and help in boosting energy. Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/tea-extracts-market-4448
Increasing health-related issues among the millennial population due to consumption of junk food, work-life imbalance, and hectic daily routine, which does not leave much time for exercise is driving the demand for tea extracts across the globe. Thus key players are developing advanced beverages to cater to the individual's nutritional demands. For instance, one of a prominent beverage manufacturer named Kill Kliff added two new performance beverages to its product portfolio in November 2019. The products named Mango Tango, and the G.O.A.T. (Grape-est of All Time) contains green tea extracts for providing healthy bioactive and antioxidant compounds and help in boosting energy.
Get More Insights (at) https://www.coherentmarketinsights.com/market-insight/tea-extracts-market-4448
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GLOBAL<br />
TEA EXTRACTS<br />
MARKET<br />
<strong>Market</strong> Size (2019)<br />
<strong>US$</strong> 12,625.7 MN<br />
CAGR (2020–<br />
2027)<br />
7.6%<br />
© Coherent <strong>Market</strong> Insights. All Rights Reserved
Segmentation (Scope)<br />
<strong>By</strong> Nature<br />
‣ Organic<br />
‣ Conventional<br />
<strong>By</strong> Application<br />
‣ Food & Beverages<br />
‣ Dietary Supplements<br />
‣ RTD Beverages<br />
‣ Cosmetics<br />
‣ Others<br />
<strong>By</strong> Product Type<br />
‣ Green <strong>Tea</strong><br />
‣ Oolong <strong>Tea</strong><br />
‣ Black <strong>Tea</strong><br />
‣ Herbal/Fruit <strong>Tea</strong><br />
‣ White <strong>Tea</strong><br />
‣ Others (Yellow <strong>Tea</strong>, etc.)<br />
<strong>By</strong> Form<br />
‣ Liquid<br />
‣ Powder<br />
‣ Encapsulated<br />
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Major Drivers<br />
<br />
Rising health<br />
awareness about<br />
health benefits<br />
associated with<br />
consumption of tea<br />
extracts<br />
<br />
Increasing<br />
demand for fortified<br />
and innovative<br />
beverages<br />
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NORTH<br />
AMERICA<br />
<strong>Market</strong> Size<br />
<strong>US$</strong> 4747.0 MN<br />
EUROPE<br />
<strong>Market</strong> Size<br />
<strong>US$</strong> 4292.5 MN<br />
CAGR<br />
7.2%<br />
Major Driver<br />
Major Driver<br />
CAGR<br />
7.2%<br />
<br />
Increasing consumer acceptance for<br />
various types of tea<br />
<br />
Rising usage of tea extracts across European<br />
pharmaceutical industry<br />
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Major Players<br />
Cymbio Pharma Pvt. Ltd.<br />
<strong>Tea</strong>wolf<br />
Harrisons Malayalam Ltd.<br />
AVT Natural*<br />
Martin Bauer Group<br />
Blueberry Agro<br />
Synthite Industries Ltd.<br />
Indena S.p.A.<br />
Taiyo International<br />
Synergy Flavors<br />
Archer Daniels Midland<br />
Company<br />
© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved
Global <strong>Tea</strong> <strong>Extracts</strong> <strong>Market</strong> Revenue<br />
Share (%), <strong>By</strong> Application, 2020<br />
• Food & Beverages<br />
• Dietary Supplements<br />
© Coherent © Coherent <strong>Market</strong> <strong>Market</strong> Insights. All All Rights Rights Reserved Reserved
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