North America Tea Polysaccharides Market Size, Share & Industry Trends Analysis Report By Form (Powder, and Liquid), By Application (Food & Beverages Industry, Nutraceuticals Industry), By Type, By Country and Growth Forecast, 2023 - 2030
The North America Tea Polysaccharides Market would witness market growth of 7.2% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 7,639.2 tonnes, showcasing a growth of 6.7% (2019-2022).
Tea leaves contain a particular sort of complex carbohydrate called tea polysaccharides (TPS). Molecular sugars are arranged in long, linked chains called polysaccharides. They mostly come from the deepest cells of tea plants, like Camellia sinensis, used to make a range of teas like black tea, oolong tea, and green tea.
The two types of TPS are acid polysaccharides (ATPS) and neutral polysaccharides (NTPS). By using anion-exchange chromatography, the crude water-soluble TPS can be divided into five fractions, namely fractions A, B, C, D, and E. Out of these, fractions A and C possess the highest levels of glucokinase-stimulating activity, and fraction C can be further divided into fractions C-1 and C-2 using gel filtration chromatography.
The safety and non-toxicity of TPS as a food additive are widely acknowledged. TPS reduces oxidative stress by directly scavenging free radical species and enhancing antioxidase enzyme activity. The free radical species and the molecular size of TPS affect the antioxidant properties of TPS differently. TPS composition varies with tea components and the regions where teas are grown, which causes variations in antioxidant activity.
During the projected period, the tea café and lounge culture is anticipated to become more prevalent, particularly in North America. Additionally, rising tea consumption among Americans is expected to fuel market expansion. According to the Tea Association of the USA Inc., Americans consumed over 3.8 billion gallons or approximately 84 billion servings of tea in 2019. Only a minor portion of the total amount of tea consumed—about 84 percent—was made up of oolong, white, and dark teas. Tea is a beverage that more than half of Americans consume each day. Consumers now experience more lifestyle-related illnesses like diabetes, obesity, and cardiovascular problems due to today's stressful lifestyle. Due to this, tea has become increasingly popular as a way to lower the chance of developing certain illnesses. The regional market would benefit even more from this.
The US market dominated the North America Tea Polysaccharides Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $325.3 Million by 2030. The Canada market is experiencing a CAGR of 9.6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 8.7% during (2023 - 2030).
Based on Form, the market is segmented into Powder, and Liquid. Based on Application, the market is segmented into Food & Beverages Industry, Nutraceuticals Industry, and Others. Based on Type, the market is segmented into Black Tea, Green Tea, Oolong Tea, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include The Mark T. Wendell Tea Company, Hunan Nutramax Inc., TeaSource LLC, James Finlay Limited (John Swire & Sons (H.K.) Ltd.), International Flavors & Fragrances, Inc., Hankintatukku Oy, MB-Holding Gmbh &Co. KG, RFI Ingredients, LLC, Wellgreen Technology Co., Ltd. and Seebio biotech (shanghai) co., Ltd.
Scope of the Study
Market Segments covered in the Report:
By Form (Volume, Tonnes, USD Million, 2019-2030)
By Application (Volume, Tonnes, USD Million, 2019-2030)
- Food & Beverages Industry
- Nutraceuticals Industry
- Others
By Type (Volume, Tonnes, USD Million, 2019-2030)
- Black Tea
- Green Tea
- Oolong Tea
- Others
By Country (Volume, Tonnes, USD Million, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- The Mark T. Wendell Tea Company
- Hunan Nutramax Inc.
- TeaSource LLC
- James Finlay Limited (John Swire & Sons (H.K.) Ltd.)
- International Flavors & Fragrances, Inc.
- Hankintatukku Oy
- MB-Holding Gmbh &Co. KG
- RFI Ingredients, LLC
- Wellgreen Technology Co., Ltd.
- Seebio biotech (shanghai) co., Ltd.
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