Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Tea Extract Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 4.5% during the review period (2022 to 2027).
Tea extract is a processed form of tea leaves which are rich in antioxidants, vitamins and minerals. The upscaling demand for tea related beverages which are looked at as health-promoting agents can boost the market growth. Furthermore, increasing preference for functional beverages can be seen as one of the reasons behind the expansion of global tea extracts market. On global scale, different flavor variants being available and preference for organic products can support the market growth.
According to the Government of India, automotive color or texture wraps, which change the color of original vehicles, have to be registered with the Regional Transport Office of the country before their application to automobiles. The law is registered under section 52 of the Central Motor Vehicle Rules. Thus, in India, post-sales color wrapping of vehicles requires adherence to a number of laws that restrict the growth of the market in the country.
Top Key Players in the Tea Extract Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Tea Extract Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include Finlays, Hunan Sunfull Bio-tech, Taiyo Green Power, Tearevo, Shenzhen Shenbao Huacheng Tech, Fujian Xianyangyang Biological Technology, AVT Natural Products, Archer Daniels Midland, Dehe, Jiangxi Rich Source Biotechnology, Liming Biotech, Hainan Qunli, Kemin, Sichuan Yujia Tea, Martin Bauer Group, Tata Global Beverages and others.
Finlays Agrees to Sell Sri Lankan Tea Estates Business to Browns Investments PLC
London, UNITED KINGDOM.
Finlays, a leading supplier of tea, coffee and botanical extracts, has agreed to sell its Sri Lankan Tea Estates business, which includes Hapugastenne Plantations PLC (HPL) and Udapussellawa Plantations PLC (UPL), to Browns Investments PLC.
By Type, it is segmented into
By Applications it is segmented into
Increased consumer awareness of nutritional enrichment and calorie reduction, particularly in Asia-Pacific and North America, is expected to revolutionize the food and beverage industry, favoring the expansion of the black tea extract market. Furthermore, increased consumer awareness of personal health is boosting the functional food segment of the market under consideration. Furthermore, over the forecast period, increased demand for functional foods in Europe and North America is likely to boost growth.
All these factors greatly affect the Tea Extract Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Tea Extract Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Tea Extract Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
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Report Details |
Forecast Period 2022 to 2028 CAGR |
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CAGR of 4.5% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
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Finlays, Hunan Sunfull Bio-tech, Taiyo Green Power, Tearevo, Shenzhen Shenbao Huacheng Tech, Fujian Xianyangyang Biological Technology, AVT Natural Products, Archer Daniels Midland, Dehe, Jiangxi Rich Source Biotechnology, Liming Biotech, Hainan Qunli, Kemin, Sichuan Yujia Tea, Martin Bauer Group, Tata Global Beverages and others. |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
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2022 to 2027 |
Number of Pages |
| 97 |
Customization Available
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| Yes, the report can be customized as per your needs |
Key Takeaways from this Healthcare IT Report
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What is the study period of this market?
The Tea Extract Market is studied from 2017 - 2027.
What is the growth rate of Tea Extract Market?
The Tea Extract Market is growing at a CAGR of 4.5% over the next 5 years.
Who are the key players in Tea Extract Market?
Finlays, Hunan Sunfull Bio-tech, Taiyo Green Power, Tearevo, Shenzhen Shenbao Huacheng Tech, Fujian Xianyangyang Biological Technology, AVT Natural Products, Archer Daniels Midland, Dehe, Jiangxi Rich Source Biotechnology, Liming Biotech, Hainan Qunli, Kemin, Sichuan Yujia Tea, Martin Bauer Group, Tata Global Beverages and others.
What region does this Tea Extract Market report covers?
North America (the 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.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Tea Extract Market?
Black Tea,Green Tea,Oolong Tea,Others
What are the major end-use applications of Tea Extract Market?
Food & Beverage, Cosmetics, Pharmaceuticals, Others
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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