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Tea Extracts Market Analysis
- Report ID: GMI6434
- Published Date: Aug 2023
- Report Format: PDF
Tea Extracts Market Analysis
The green tea extracts market size held over USD 0.9 billion in 2022. Green tea extracts are rich in catechins and polyphenols, known for their antioxidant properties, which contribute to their popularity as health-promoting ingredients.
The liquid form segment accounted for 55% of the tea extracts market share in 2022. Liquid tea extracts are easy to incorporate into various food and beverage products, including beverages, sauces, dressings, and desserts. Liquid extracts quickly infuse flavor, making them suitable for applications where a rapid flavor release is desired.
The tea extracts market from food & beverages segment is anticipated to expand at 4.3% CAGR through 2032. The popularity of ready-to-drink teas has driven the demand for tea extracts in various flavors and formulations, catering to consumers seeking convenient and refreshing beverages.
U.S. tea extracts market size dominated around USD 1 billion in 2022, due to the increasing focus on health and wellness among consumers in North America. Consumers are seeking natural and functional ingredients like tea extracts that offer potential health benefits, such as antioxidants and polyphenols.
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Tea Extracts Market Scope
