Black Tea Extracts Market - By Type (Cold Water Soluble (CWS) And Hot Water Soluble (HWS)), By Form (Encapsulated, Powder, And Liquid), By Application (Functional Food, Beverages, Dietary Supplements, Cosmetics & Beauty Supplements, And Others), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast 2020 – 2026

As per the researchers at Zion Market Research, the global black tea extracts market is anticipated to register around 4.6% CAGR during the forecast period from 2020 to 2026.

21-Sep-2020 | Number of pages: 110 | Report Code: ZMR-2899 | Report Format : | Status : Published

Abstract

The global Black Tea Extracts market will register a CAGR of nearly 4.6% during the period from 2020 to 2026. The report offers assessment and analysis of the Black Tea Extracts market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million).

Introduction

Drinking black tea is best alternative for coffee or other kinds of energy drinks.  Furthermore, the beverage is low calorie drink and offers myriad health advantages as black tea comprises of polyphenol group like theaflavins, L-theanine, epigallocatechin gallate, thearubigins, and other catechin or flavonoids  that  helps in offering protection to the internal system of human body against varied types of chronic ailments. Reportedly, the beverage comprises of strong antioxidants as well as other compounds that help in reducing inflammation along with minimizing risk of getting chronic disease. According to NCBI, it has been proved that natural health products like black tea possess numerous health advantages and their consumption does not cause any side-effects on individuals. For the record, black tea is derived from herb referred as camellia sinensis. The beverage is available in the form of Darjeeling tea and Assam Tea. It can be availed in various flavors like Chai, Earl Grey, and Bigelow.

Market Growth Dynamics

High level of cholesterol, obesity, and high triglyceride proportion are major causes of heart ailments across the globe. However, research has demonstrated that daily intake of black tea reduces probability of occurrence of heart attacks which is one of the major causes of death across the globe. This will steer the growth of black tea extracts market over the forthcoming years. Black tea extracts possess anti-cancer features and has also proved to be beneficial for diabetics as being a non-sweetened beverage it reduces glucose in blood and enhances insulin levels.  Apparently, anti-microbial potential of the extracts of the black tea assists in reduction of growth of harmful bacteria. According to NCBI, black tea consumption boosts immune system of the human body. This is likely to result in the exponential growth of the black tea extracts industry over the forecasting years.  

Furthermore, the huge need of ready-to-drink beverages as a major substitute for fruit beverages and soda will prompt the market growth over the anticipated timespan. In addition to this, altering consumer trends towards nutritive food items will embellish the business growth over the forthcoming years. Apart from this, escalating popularity of black tea extracts based drinks in hotels & restaurants will prop up the market expansion over the ensuing years. Additionally, high blood pressure is associated with disorders like stroke, atherosclerosis, heart failure, kidney damage, and heart attack. Empirical studies have revealed that intake of black tea for an elongated timeframe regulates blood pressure. Moreover, the anti-proliferative activity of extracts of black tea like polyphenol inhibits multiplication of cancer tumors or tissues in human body.

Asia Pacific Market To Display Notable Surge Over Forecast Timeframe

The growth of the market in the Asia Pacific zone over the forecast timespan is due to humungous production as well as intake of black tea in the countries like India, Bangladesh, Japan, and China. Apart from this, major tea producers are based in the region and they contribute over 50% of the global black tea production. Introduction of new flavors and launching of innovative tea farming techniques to get more yield in the countries like India and China will further prompt the regional market growth in the coming decade.  

Key players influencing the market growth include AVT Natural, Blueberry Agro Products Pvt Ltd, Finlays, Amax NutraSource Inc, Autocrat LLC, Phyto Life Sciences P. Ltd, Teawolf, Martin Bauer Group, Synthite, Tea & Coffee – Haldin, and Cymbio Pharma Pvt. Ltd.

The global black tea extracts market is segmented as follows:

By Form

  • Liquid
  • Encapsulated
  • Powder

By Type

  • Hot Water Soluble (HWS)
  • Cold Water Soluble (CWS)

By Application

  • Beverages
  • Functional Food
  • Cosmetics & Beauty Supplements
  • Dietary Supplements
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

High level of cholesterol, obesity, and high triglyceride proportion are major causes of heart ailments across the globe. However, research has demonstrated that daily intake of black tea reduces probability of occurrence of heart attacks which is one of the major causes of death across the globe. This will steer the growth of black tea extracts market over the forthcoming years. Anti-microbial potential of the extracts of the black tea assists in reduction of growth of harmful bacteria. According to NCBI, black tea consumption boosts immune system of the human body. This is likely to result in the exponential growth of the black tea extracts industry over the forecasting years.  

According to Zion Market Research, the CAGR of the industry is expected to be nearly 4.6% during the forecast timeline.

Asia Pacific will contribute remarkably towards the global black tea extracts market share over the estimated timeline. The growth of the black tea extracts market in the region during the forecast timespan is due to humungous production as well as intake of black tea in the countries like India, Bangladesh, Japan, and China. Apart from this, major tea producers are based in the region and they contribute over 50% of the global black tea production. Launching of new flavors and introduction of innovative tea farming methods to get more output in the countries such as India and China will further promote the regional market trends.

The key market players include AVT Natural, Finlays, Amax NutraSource Inc, Phyto Life Sciences P. Ltd, Martin Bauer Group, Synthite, Teawolf, Autocrat LLC, Tea&Coffee – Haldin, Blueberry Agro Products Pvt Ltd, and Cymbio Pharma Pvt. Ltd. These players are trying to introduce new products and are focusing on various kinds of promotional activities, thereby contributing remarkably towards the overall market share in the near future.


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