The global black tea extracts market will witness
growth at a CAGR of 4.7% and is estimated to reach USD150.3mn by 2027.
The market growth is propelled by the increasing demand for natural
therapies, growing health concerns, and rising consumer preference for natural
products.
ResearchMoz puts forth a detailed report on the dynamics of the black
tea extracts market covering all the aspects such as market size, growth
factors, restraints, challenges, threats, and opportunities.
Personal Care
Products to Drive the Black Tea Extracts Market
Lately, Black Tea is acclaimed worldwide for its antioxidant properties
and has been used to treat a wide range of skin ailments from acne to
psoriasis. Apart from this, it is also used in a variety of beauty products
ranging from hair care products to lip balms, driving the growth of this market
over the forecast period.
Healing Effects to
Boosts Sales of Black Tea Extracts
Black Tea is a rich source of many essential nutrients, vitamins, and
minerals. The presence of antioxidants in black tea has also been known to slow
down ageing and reduce the risk of several diseases. Recent research studies
have shown promising results regarding black tea’s health benefits. These
benefits include improving brain function, decreasing cholesterol levels,
alleviating headaches and migraines.
Analysts’ Views
Black tea extracts are gaining popularity for their antioxidant
properties, which helps in various ways such as improving skin and immunity and
increasing growth opportunities.
Black Tea is versatile to the extent that it can be mixed with either
hot or cold water, depending on the preferences. It has a lot of medicinal
properties, resulting in the growing demand for the same.
Fitness enthusiasts prefer black tea because it improves metabolism
because of its anti-oxidant properties. Further, since there is no caffeine in
this, there is growing adoption of black tea among fitness freaks and health
consciousness.
Regional Overview
The global black tea market will be dominated by the Asia Pacific, the
growth would primarily be due to changing consumer preferences, personal care
awareness, and the presence of key players in the market. India tops the list
of black tea producers across the globe, thus making the region thrive during
the forecast period.
Competitive
Landscape
Researchmoz shares a detailed analysis of the competitive edge of the
global black tea market covering the strategies being adopted by several
players in the market. This report would help new entrants and existing
companies to make informed decisions in order to thrive in this space.
Many companies are involved in product innovation and development and
some of these players include-
- Martin
Bauer Group
- Synthite
Industries Limited
- Finlay
- Cymbio
Pharma Pvt. Ltd
- Kemin
Industries
- AVT
Natural Products Ltd
- Amax
NutraSource, Inc
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