Global Black Tea Extracts Market Growth 2023-2029

Global Black Tea Extracts Market Growth 2023-2029

Black tea is the most popular tea in the world. Black tea extract is rich in of Vitamin C, zinc, iron, magnesium, copper, manganese, potassium, fluoride and calcium. Black tea extract have more anti-oxidants as compared to green tea, and are anti-allergic, anti-viral and anti-spasmodic. Black tea extract is derived from powdered form powdered leaves of black tea. These leaves come from a plant called Camellia sinesis. Camellia sinensis is the plant from which green tea, oolong, white tea and other forms of tea is derived. Black tea is processed in a different way than green tea.

LPI (LP Information)' newest research report, the “Black Tea Extracts Industry Forecast” looks at past sales and reviews total world Black Tea Extracts sales in 2022, providing a comprehensive analysis by region and market sector of projected Black Tea Extracts sales for 2023 through 2029. With Black Tea Extracts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Black Tea Extracts industry.

This Insight Report provides a comprehensive analysis of the global Black Tea Extracts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Black Tea Extracts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Black Tea Extracts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Black Tea Extracts and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Black Tea Extracts.

The global Black Tea Extracts market size is projected to grow from US$ 86 million in 2022 to US$ 105.5 million in 2029; it is expected to grow at a CAGR of 105.5 from 2023 to 2029.

Asia Pacific is the highest tea producing and consuming region characterized by the presence of key players. The producers in the region are integrated across the value chain. Some of the players are integrated through extraction processes which has around 35-40% margins. Distributors incorporate a margin of 20 - 25% of the price in the value chain.

This report presents a comprehensive overview, market shares, and growth opportunities of Black Tea Extracts market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Powder
Liquid
Encapsulated

Segmentation by application
Functional Food
Beverages
Cosmetics
Beauty Supplements

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Synthite Industries Limited
Finlay
Martin Bauer Group
Amax NutraSource, Inc.
Kemin Industries
AVT Natural Products Ltd.
Cymbio Pharma Pvt. Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Black Tea Extracts market?

What factors are driving Black Tea Extracts market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Black Tea Extracts market opportunities vary by end market size?

How does Black Tea Extracts break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.