Black Tea Extracts Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020 - 2025

Report Code: FBR 83539 Report Format: PDF + Excel (Delivery in 48 Hrs)

Black Tea Extract Market Overview

Black Tea Extract Market size is estimated to be 128.7 Million in 2019, growing at a CAGR of 6.8% during the forecast period 2020-2025. Black tea is made from the leaves of a bush called Camellia sinesis. A process called oxidation turns the leaves from green to a dark brownish-black color. Black tea is enriched with theaflavin, which has a good antioxidant property. Besides, this theaflavin-enriched black tea extract has also shown anti-stress effects in a number of randomized crossover studies. Increasing demand of ready-to-drink beverages along with the rising health benefits of black tea is a significant factor driving the black tea extracts market during the forecast period 2020-2025. The shift of consumers towards nutritional supplement is propelled to increase the utilization and demand of the product. Moreover, AVT is a leading vertically integrated manufacturer of plant extracts and natural ingredients solution for the food, beverage, animal nutrition and nutraceutical industries of the world. With a low amount of caffeine and sugar supplement available in stores and online distribution channel for diabetes patients is in turn is boosting its market growth.

Report Coverage

The report: “Black Tea Extract Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Black Tea Extract Market.
By Product- Hot Water Soluble and Cold Water Soluble.
By Form- Powder, Liquid and Encapsulated.
By Application – Functional Food, Beverages, Cosmetics, Beauty Supplements and Others.
By Geography-North America, Europe, Asia Pacific and Rest of the World.

Key Takeaways

  • Hot Water Soluble held the major market share in 2019, owing to the high extract of theaflavin, a healthy natural ingredient of black tea.
  • Beverages segment held the largest market share in the year 2019 owing to the rising demand of ready-to-drink beverages, health supplements and various other nutraceutical drinks.
  • APAC contributed to the largest market share of more than 35% owing to the presence of large dominant players in the region including Cymbio Pharma Private Limited and AVT Natural Products Limited.
  • Wide application of black tea extracts in cosmetic and beverage industry is a major factor driving the Black Tea Extract Market during the forecast period 2020-2025.

By Product- Segment Analysis 

By Product, the Black Tea Extract Market is segmented into Hot Water Soluble and Cold Water Soluble. Hot Water Soluble held the major market share in 2019, owing to the high extract of theaflavin, a healthy natural ingredient of black tea. Moreover, they are perfect for the formulations of milk powders to make instant hot tea beverages. In addition, Liming Biotech offers Liming Instant Tea produced by unpolluted high-quality tea. The advanced technology and equipment ensure it retain the active components in tea, which is beneficial to human body, to an utmost degree. Besides, Liming Instant Tea has its color, flavor, and taste with no difference from original tea. Also, Cold Water-Soluble segment is projected to witness growth at fastest CAGR of 7.5% in forecast period 2020-2025 owing to the rising demand of ready-to-drink beverages. 

By Application- Segment Analysis

By Application, the Black Tea Extract Market is segmented into Functional Food, Beverages, Cosmetics, Beauty Supplement and Others. Beverages segment held the largest market share in the year 2019 owing to the rising demand of ready-to-drink beverages, health supplements and various other nutraceutical drinks. Moreover, Harrisons produces about 20 million kg of black tea per annum, making it the largest producer of tea in South India. The company produces black tea extracts from CTC and orthodox tea which is suitable for tea formulation for health and beverage industry. Also, beauty supplement segment is projected to witness growth at fastest CAGR of 7.9% in forecast period 2020-2025. Rising use of black tea extracts for many cosmetics including creams, moisturizing lotions, tonics, shower gel, hair product as well as cosmetic facial masks is poised to increase its market growth.

Geography- Segment Analysis

APAC contributed to the largest market share of more than 35% owing to the presence of large dominant players in the region including Cymbio Pharma Private Limited and AVT Natural Products Limited. Increasing consumption of ready of drink-beverages trend in that region is contributing to its market growth. Moreover, Cymbio Pharma offers high quality assortment of black tea extracts, which is made using high-grade herbal ingredient pure in nature, effective and longer shelf-life. North America Black Tea Extract market is another dominant market owing to the presence of big players like Amax NutraSource. 

Drivers – Black Tea Extract Market

  • Growing Awareness Among Consumers Regarding Black Tea Benefits

Growing awareness among consumers regarding black tea health benefits is a major driving the Black Tea Extract Market during the forecast period 2020-2025. Besides, black tea extract also reduces the cancer risk to a great extent. For instance, National Cancer Institute (NCI) suggest that polyphenols in tea decrease the risk of tumor growth. Moreover, regular drinking of black tea reduces the risk of diabetes, high cholesterol, kidney disease, Parkinson’s disease and osteoporosis. Therefore, these are key benefits driving the black tea extracts market during the forecast period 2020-2025.

  • Wide Application of Black Tea Extracts in Cosmetic and Beverage Industry

Wide application of black tea extracts in cosmetic and beverage industry is a major factor driving the Black Tea Extract Market during the forecast period 2020-2025. Moreover, Apex Flavors offers tea extracts for use in a wide range of application, including ready-to-drink-tea and other beverages. In addition, its liquid tea extracts are available in both hot and cold-water soluble version, providing product clarity and authentic brewed-tea flavor, mouth feel, color with no kettle brewing required.

Challenges – Black Tea Extract Market

  • Side-Effects of Black Tea Extract

Side-Effects of Black Tea Extract serves as a major setback for the growth of the Black Tea Extract Market during the forecast period 2020-2025. For instance, the most common side-effects are cardiac arrhythmia or an irregular heartbeat, diarrhea and irritable bowel syndrome, an increase or decrease in blood pressure disrupting the smooth flow of Black Tea Extract market during the forecast period 2020-2025

Black Tea Extract Market Industry Outlook 

Product Launches, Merger & Acquisition, joint ventures and R&D activities are key strategies adopted by the players in Black Tea Extract Market. Black Tea Extract Market top 10 companies are Amax NutraSource Inc., Avt Natural Product Ltd, Blueberry Agro Product Pvt Ltd, Cymbio Pharma Pvt Ltd, Finlays, Firsd Tea, Hayleys Beverage, Kemin, Martin Bauer Group and Phyto Life Science P Ltd. 

Developments:

  • October 2017: Lipton launched organic black tea. The Rainforest Alliance Certified black tea leaves, sourced from the Kenyan Highlands, adhere to USDA Organic standards.
1. Black Tea Extracts Market Overview
    1.1 Definitions and Scope
2. Black Tea Extracts Market  - Executive Summary
    2.1 Market Revenue , Market Size and Key Trends
    2.2 Key trends by Product
    2.3 Key trends by Form
    2.4 Key trends by Application
    2.5 Key trends by Geography
3. Black Tea Extracts Market –Comparative Analysis
    3.1 Product Benchmarking - Key companies
    3.2 Financials Analysis - Key Companies
    3.3 Market Share Analysis- Key Companies
    3.4 Patent Analysis 
    3.5 Pricing Analysis
4. Black Tea Extracts Market- Startup companies Scenario Premium Premium  
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Black Tea Extracts Market – Industry Market Entry Scenario Premium Premium  
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Black Tea Extracts Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Black Tea Extracts Market -Strategic analysis
    7.1 Value chain analysis 
    7.2 Opportunities analysis
    7.3 Market life cycle
8. Black Tea Extracts Market – By Product (Market Size –$Million/$Billion)
    8.1 Hot Water Soluble
    8.2 Cold Water Soluble
9. Black Tea Extracts Market – By Form (Market Size –$Million/$Billion)
    9.1 Powder
    9.2 Liquid 
    9.3 Encapsulated
10. Black Tea Extracts Market – By Application(Market Size –$Million/$Billion)
    10.1 Functional Food
    10.2 Beverages
    10.3 Cosmetics
    10.4 Beauty Supplements
    10.5 Others
11. Black Tea Extracts Market -  By Geography (Market Size -$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe 
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 South Korea
        11.3.4 India
        11.3.5 Australia & New Zealand
        11.3.6 Rest of APAC
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Black Tea Extracts Market - Entropy
13. Black Tea Extracts Market  – Industry/Segment Competition Landscape      Premium  
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Country- Key companies
        13.1.4 Best Practices for Companies
14. Black Tea Extracts Market – Key Company List by Country Premium  Premium
15. Black Tea Extracts Market Company Analysis
    15.1 Company Revenue, Products, M&A, Developments
    15.2 Amax NutraSource Inc.,
    15.3 Avt Natural Products Ltd
    15.4 Blueberry Agro Product Pvt Ltd
    15.5 Cymbio Pharma Pvt Ltd
    15.6 Finlays
    15.7 Firsd Tea
    15.8 Hayleys Beverage
    15.9 Kemin 
    15.10 Martin Bauer Group
    15.11 Phyto Life Science P Ltd
*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Black Tea Extract Market:Form Estimate Trend Analysis Market 2019-2024 ($M)
1.1 Powder Market 2019-2024 ($M) - Global Industry Research
1.2 Liquid Market 2019-2024 ($M) - Global Industry Research
1.3 Encapsulated Market 2019-2024 ($M) - Global Industry Research
2.Global Black Tea Extract Market:Product Estimate Trend Analysis Market 2019-2024 ($M)
2.1 Hot Water Soluble Market 2019-2024 ($M) - Global Industry Research
2.2 Cold Water Soluble Market 2019-2024 ($M) - Global Industry Research
3.Global Black Tea Extract Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
3.1 Functional Food Market 2019-2024 ($M) - Global Industry Research
3.2 Beverage Market 2019-2024 ($M) - Global Industry Research
3.3 Cosmetic Market 2019-2024 ($M) - Global Industry Research
3.4 Beauty Supplement Market 2019-2024 ($M) - Global Industry Research
4.Global Black Tea Extract Market:Form Estimate Trend Analysis Market 2019-2024 (Volume/Units)
4.1 Powder Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Liquid Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Encapsulated Market 2019-2024 (Volume/Units) - Global Industry Research
5.Global Black Tea Extract Market:Product Estimate Trend Analysis Market 2019-2024 (Volume/Units)
5.1 Hot Water Soluble Market 2019-2024 (Volume/Units) - Global Industry Research
5.2 Cold Water Soluble Market 2019-2024 (Volume/Units) - Global Industry Research
6.Global Black Tea Extract Market:Application Estimate Trend Analysis Market 2019-2024 (Volume/Units)
6.1 Functional Food Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 Beverage Market 2019-2024 (Volume/Units) - Global Industry Research
6.3 Cosmetic Market 2019-2024 (Volume/Units) - Global Industry Research
6.4 Beauty Supplement Market 2019-2024 (Volume/Units) - Global Industry Research
7.North America Black Tea Extract Market:Form Estimate Trend Analysis Market 2019-2024 ($M)
7.1 Powder Market 2019-2024 ($M) - Regional Industry Research
7.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
7.3 Encapsulated Market 2019-2024 ($M) - Regional Industry Research
8.North America Black Tea Extract Market:Product Estimate Trend Analysis Market 2019-2024 ($M)
8.1 Hot Water Soluble Market 2019-2024 ($M) - Regional Industry Research
8.2 Cold Water Soluble Market 2019-2024 ($M) - Regional Industry Research
9.North America Black Tea Extract Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
9.1 Functional Food Market 2019-2024 ($M) - Regional Industry Research
9.2 Beverage Market 2019-2024 ($M) - Regional Industry Research
9.3 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
9.4 Beauty Supplement Market 2019-2024 ($M) - Regional Industry Research
10.South America Black Tea Extract Market:Form Estimate Trend Analysis Market 2019-2024 ($M)
10.1 Powder Market 2019-2024 ($M) - Regional Industry Research
10.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
10.3 Encapsulated Market 2019-2024 ($M) - Regional Industry Research
11.South America Black Tea Extract Market:Product Estimate Trend Analysis Market 2019-2024 ($M)
11.1 Hot Water Soluble Market 2019-2024 ($M) - Regional Industry Research
11.2 Cold Water Soluble Market 2019-2024 ($M) - Regional Industry Research
12.South America Black Tea Extract Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
12.1 Functional Food Market 2019-2024 ($M) - Regional Industry Research
12.2 Beverage Market 2019-2024 ($M) - Regional Industry Research
12.3 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
12.4 Beauty Supplement Market 2019-2024 ($M) - Regional Industry Research
13.Europe Black Tea Extract Market:Form Estimate Trend Analysis Market 2019-2024 ($M)
13.1 Powder Market 2019-2024 ($M) - Regional Industry Research
13.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
13.3 Encapsulated Market 2019-2024 ($M) - Regional Industry Research
14.Europe Black Tea Extract Market:Product Estimate Trend Analysis Market 2019-2024 ($M)
14.1 Hot Water Soluble Market 2019-2024 ($M) - Regional Industry Research
14.2 Cold Water Soluble Market 2019-2024 ($M) - Regional Industry Research
15.Europe Black Tea Extract Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
15.1 Functional Food Market 2019-2024 ($M) - Regional Industry Research
15.2 Beverage Market 2019-2024 ($M) - Regional Industry Research
15.3 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
15.4 Beauty Supplement Market 2019-2024 ($M) - Regional Industry Research
16.APAC Black Tea Extract Market:Form Estimate Trend Analysis Market 2019-2024 ($M)
16.1 Powder Market 2019-2024 ($M) - Regional Industry Research
16.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
16.3 Encapsulated Market 2019-2024 ($M) - Regional Industry Research
17.APAC Black Tea Extract Market:Product Estimate Trend Analysis Market 2019-2024 ($M)
17.1 Hot Water Soluble Market 2019-2024 ($M) - Regional Industry Research
17.2 Cold Water Soluble Market 2019-2024 ($M) - Regional Industry Research
18.APAC Black Tea Extract Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
18.1 Functional Food Market 2019-2024 ($M) - Regional Industry Research
18.2 Beverage Market 2019-2024 ($M) - Regional Industry Research
18.3 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
18.4 Beauty Supplement Market 2019-2024 ($M) - Regional Industry Research
19.MENA Black Tea Extract Market:Form Estimate Trend Analysis Market 2019-2024 ($M)
19.1 Powder Market 2019-2024 ($M) - Regional Industry Research
19.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
19.3 Encapsulated Market 2019-2024 ($M) - Regional Industry Research
20.MENA Black Tea Extract Market:Product Estimate Trend Analysis Market 2019-2024 ($M)
20.1 Hot Water Soluble Market 2019-2024 ($M) - Regional Industry Research
20.2 Cold Water Soluble Market 2019-2024 ($M) - Regional Industry Research
21.MENA Black Tea Extract Market:Application Estimate Trend Analysis Market 2019-2024 ($M)
21.1 Functional Food Market 2019-2024 ($M) - Regional Industry Research
21.2 Beverage Market 2019-2024 ($M) - Regional Industry Research
21.3 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
21.4 Beauty Supplement Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Black Tea Extracts Market Revenue, 2019-2024 ($M)
2.Canada Black Tea Extracts Market Revenue, 2019-2024 ($M)
3.Mexico Black Tea Extracts Market Revenue, 2019-2024 ($M)
4.Brazil Black Tea Extracts Market Revenue, 2019-2024 ($M)
5.Argentina Black Tea Extracts Market Revenue, 2019-2024 ($M)
6.Peru Black Tea Extracts Market Revenue, 2019-2024 ($M)
7.Colombia Black Tea Extracts Market Revenue, 2019-2024 ($M)
8.Chile Black Tea Extracts Market Revenue, 2019-2024 ($M)
9.Rest of South America Black Tea Extracts Market Revenue, 2019-2024 ($M)
10.UK Black Tea Extracts Market Revenue, 2019-2024 ($M)
11.Germany Black Tea Extracts Market Revenue, 2019-2024 ($M)
12.France Black Tea Extracts Market Revenue, 2019-2024 ($M)
13.Italy Black Tea Extracts Market Revenue, 2019-2024 ($M)
14.Spain Black Tea Extracts Market Revenue, 2019-2024 ($M)
15.Rest of Europe Black Tea Extracts Market Revenue, 2019-2024 ($M)
16.China Black Tea Extracts Market Revenue, 2019-2024 ($M)
17.India Black Tea Extracts Market Revenue, 2019-2024 ($M)
18.Japan Black Tea Extracts Market Revenue, 2019-2024 ($M)
19.South Korea Black Tea Extracts Market Revenue, 2019-2024 ($M)
20.South Africa Black Tea Extracts Market Revenue, 2019-2024 ($M)
21.North America Black Tea Extracts By Application
22.South America Black Tea Extracts By Application
23.Europe Black Tea Extracts By Application
24.APAC Black Tea Extracts By Application
25.MENA Black Tea Extracts By Application
26.Finlays, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Synthite Industry Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Martin Bauer Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Kemin, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Avt Natural Product Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Vidya Herb Pvt Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Amax Nutrasource Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Teawolf, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Cymbio Pharma Pvt Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Blueberry Agro Product Pvt Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Firsd Tea, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Phyto Life Science P Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Hayleys Beverage, Sales /Revenue, 2015-2018 ($Mn/$Bn)