The global tea extracts market size was valued at USD 2,831.7 million in 2021 and is poised to grow at a significant CAGR of 7.10% during the forecast period 2022-28. Demand for tea extracts is fueled partly by rising consumer interest in natural and healthy products, increased consumer knowledge of population health, and a shift in the food sector toward using vegetable ingredients as flavorings and other additives. Thus, it is anticipated that natural or organic tea extracts will become increasingly popular. Additionally, an article published in November 2018 by Anticancer Research claimed that consuming oolong tea extracts aids in preventing breast cancer. These extracts cause DNA cleavage in breast cancer cells, which harms them and slows their growth. According to research from the American Breast Cancer Organization released on February 4, 2021, about 13% of American women are at risk of developing breast cancer over their lifetime. Thus, it is anticipated that tea extracts will become more and more popular as a means of preventing these diseases in the years to come.

View the detailed report description here - https://precisionbusinessinsights.com/market-reports/global-tea-extracts-market/

The global tea extracts market segmentation:

  • 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

Asia Pacific Tea Extracts Market

The Asia Pacific market is expected to increase in the global tea extracts market over the forecast period. It is projected to grow at a CAGR of 7.6% in the coming years. The region's essential players are integrated across the value chain. Over the next coming years, product growth is projected to be fueled by significant players in the Asia Pacific region and increasing disposable income, shifting consumer preferences toward ready-to-drink beverages, and growing disposable income. A significant portion of businesses is concentrating on adopting cutting-edge methods to create goods especially tailored for the end-use sectors, which is anticipated to propel the growth in product consumption during the foreseeable period.

Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=56671

 

Key players’ profiles in the tea extracts market report are 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., AVT Natural Products Ltd., The Republic of Tea, Inc., and Nestle S.A.

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

 

Contact:

Mr. Satya

Precision Business Insights | Toll Free: +1 866 598 1553

Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Website: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747