Leading Black Tea Extract Country Markets Databank
The Black Tea Extract market was valued at $107.0 Million in 2020, and is projected to reach $183.9 Million by 2029 growing at a CAGR of 6.25% from 2021 to 2029. Asia-Pacific is expected to be the highest contributor to this market, with $33.6 Million in 2020, and is anticipated to reach $63.9 Million by 2029, registering a CAGR of 7.45%. Asia-Pacific and Europe collectively expected to account for about 62.1% share of the Black Tea Extract market in 2020, with the former constituting around 31.4% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 7.45% and 6.24% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 58.7% in the overall Black Tea Extract market in 2020, and is anticipated to reach 62.1% by 2029.
The report provides market intelligence on various market segments and geography, including market size and forecast information. Its primary goals are to deliver a thorough global market intelligence report by providing detailed segmentation, growth rates, market dynamics, industry structure and developments, market situation, and trends. To determine the market size and forecast, we conducted extensive secondary research to gain a comprehensive understanding of the market in each region. In addition, we carried out extensive primary research by conducting interviews with key executives in the industry. These interviews helped us to fill any data gaps identified during the secondary research. We used various secondary sources such as encyclopedias, directories, and databases to gather relevant information for this extensive techno-commercial study. We interviewed selected experts from manufacturers and suppliers to obtain and verify critical information, as well as to assess future prospects. The research team evaluated the reliability of the obtained information before using it. In some cases, a combination of multiple sources was used. Sprout Intelligence conducted an in-depth analysis of the market segmentation, which is a crucial component of our market intelligence reports.
- 1. GLOBAL BLACK TEA EXTRACT MARKET, BY REGION
- 1.1. OVERVIEW
- 1.2. NORTH AMERICA
- 1.2.1 NORTH AMERICA BLACK TEA EXTRACT MARKET, BY FORM
- 1.2.2 NORTH AMERICA BLACK TEA EXTRACT MARKET, BY PRODUCT
- 1.2.3 NORTH AMERICA BLACK TEA EXTRACT MARKET, BY COUNTRY
- 1.2.3.1 U.S.
- 1.2.3.1.1 U.S. Black Tea Extract Market, By Form
- 1.2.3.1.2 U.S. Black Tea Extract Market, By Product
- 1.2.3.2 Canada
- 1.2.3.2.1 Canada Black Tea Extract Market, By Form
- 1.2.3.2.2 Canada Black Tea Extract Market, By Product
- 1.2.3.3 Mexico
- 1.2.3.3.1 Mexico Black Tea Extract Market, By Form
- 1.2.3.3.2 Mexico Black Tea Extract Market, By Product
- 1.3. EUROPE
- 1.3.1 EUROPE BLACK TEA EXTRACT MARKET, BY FORM
- 1.3.2 EUROPE BLACK TEA EXTRACT MARKET, BY PRODUCT
- 1.3.3 EUROPE BLACK TEA EXTRACT MARKET, BY COUNTRY
- 1.3.3.1 Germany
- 1.3.3.1.1 Germany Black Tea Extract Market, By Form
- 1.3.3.1.2 Germany Black Tea Extract Market, By Product
- 1.3.3.2 France
- 1.3.3.2.1 France Black Tea Extract Market, By Form
- 1.3.3.2.2 France Black Tea Extract Market, By Product
- 1.3.3.3 UK
- 1.3.3.3.1 UK Black Tea Extract Market, By Form
- 1.3.3.3.2 UK Black Tea Extract Market, By Product
- 1.3.3.4 Italy
- 1.3.3.4.1 Italy Black Tea Extract Market, By Form
- 1.3.3.4.2 Italy Black Tea Extract Market, By Product
- 1.3.3.5 Spain
- 1.3.3.5.1 Spain Black Tea Extract Market, By Form
- 1.3.3.5.2 Spain Black Tea Extract Market, By Product
- 1.3.3.6 Rest of Europe
- 1.3.3.6.1 Rest of Europe Black Tea Extract Market, By Form
- 1.3.3.6.2 Rest of Europe Black Tea Extract Market, By Product
- 1.4. ASIA-PACIFIC
- 1.4.1 ASIA-PACIFIC BLACK TEA EXTRACT MARKET, BY FORM
- 1.4.2 ASIA-PACIFIC BLACK TEA EXTRACT MARKET, BY PRODUCT
- 1.4.3 ASIA-PACIFIC BLACK TEA EXTRACT MARKET, BY COUNTRY
- 1.4.3.1 China
- 1.4.3.1.1 China Black Tea Extract Market, By Form
- 1.4.3.1.2 China Black Tea Extract Market, By Product
- 1.4.3.2 India
- 1.4.3.2.1 India Black Tea Extract Market, By Form
- 1.4.3.2.2 India Black Tea Extract Market, By Product
- 1.4.3.3 Japan
- 1.4.3.3.1 Japan Black Tea Extract Market, By Form
- 1.4.3.3.2 Japan Black Tea Extract Market, By Product
- 1.4.3.4 Australia
- 1.4.3.4.1 Australia Black Tea Extract Market, By Form
- 1.4.3.4.2 Australia Black Tea Extract Market, By Product
- 1.4.3.5 South Korea
- 1.4.3.5.1 South Korea Black Tea Extract Market, By Form
- 1.4.3.5.2 South Korea Black Tea Extract Market, By Product
- 1.4.3.6 Rest of Asia
- 1.4.3.6.1 Rest of Asia Black Tea Extract Market, By Form
- 1.4.3.6.2 Rest of Asia Black Tea Extract Market, By Product
- 1.5. REST OF WORLD
- 1.5.1 REST OF WORLD BLACK TEA EXTRACT MARKET, BY FORM
- 1.5.2 REST OF WORLD BLACK TEA EXTRACT MARKET, BY PRODUCT
- 1.5.3 REST OF WORLD BLACK TEA EXTRACT MARKET, BY COUNTRY
- 1.5.3.1 Brazil
- 1.5.3.1.1 Brazil Black Tea Extract Market, By Form
- 1.5.3.1.2 Brazil Black Tea Extract Market, By Product
- 1.5.3.2 South Africa
- 1.5.3.2.1 South Africa Black Tea Extract Market, By Form
- 1.5.3.2.2 South Africa Black Tea Extract Market, By Product
- 1.5.3.3 GCC
- 1.5.3.3.1 GCC Black Tea Extract Market, By Form
- 1.5.3.3.2 GCC Black Tea Extract Market, By Product
- 1.5.3.4 RoW Countries
- 1.5.3.4.1 RoW Countries Black Tea Extract Market, By Form
- 1.5.3.4.2 RoW Countries Black Tea Extract Market, By Product
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