Global Black Tea Extracts Market Size & Outlook, 2019-2027
Global black tea extracts market, 2016-2027 (US$M)
Related Markets
Global black tea extracts market highlights
- The global black tea extracts market generated a revenue of USD 7,196.6 million in 2019 and is expected to reach USD 9,585.8 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 3.6% by 2027.
- In terms of segment, powder accounted for a revenue of USD 3,206.7 million in 2019.
- Liquid is the most lucrative form segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2019.
- Country-wise, Mexico is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 7,196.6 million |
| Market revenue in 2027 | USD 9,585.8 million |
| Growth rate | 3.6% (CAGR from 2019 to 2027) |
| Largest segment | Powder |
| Fastest growing segment | Liquid |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powder, Liquid, Encapsulated |
Other key industry trends
- In terms of revenue, the North America accounted for 12.0% of the global black tea extracts market in 2019.
- By country, the India is projected to lead the global market in terms of revenue in 2027.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 46.1 million by 2027.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Black Tea Extracts Market Scope
Black Tea Extracts Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cymbio Pharma | View profile | 11-50 | Yelahanka, Karnataka, India, Asia | https://www.cymbio.co.in |
| Avt Natural Products | View profile | 251-500 | Aluva, Kerala, India, Asia | https://www.avtnatural.com/ |
| Kemin Industries | View profile | 1001-5000 | Des Moines, Iowa, United States, North America | http://www.kemin.com |
| Martin Bauer Group | View profile | 1001-5000 | Vestenbergsgreuth, Bayern, Germany, Europe | https://www.martin-bauer-group.com/ |
| Finlay Minerals Ltd | View profile | - | 800 West Pender Street, Suite 615, Vancouver, BC, Canada, V6C 2V6 | https://www.finlayminerals.com |
| Synthomer PLC | View profile | 4215 | 45 Pall Mall, London, United Kingdom, SW1Y 5JG | https://www.synthomer.com |
Global black tea extracts market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to black tea extracts market will help companies and investors design strategic landscapes.
Powder was the largest segment with a revenue share of 44.56% in 2019. Horizon Databook has segmented the Global black tea extracts market based on powder, liquid, encapsulated covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Black Tea Extracts Form Outlook (Revenue, USD Million, 2016-2027)
- Powder
- Liquid
- Encapsulated
- Global Black Tea Extracts Product Outlook (Revenue, USD Million, 2016-2027)
- Hot Water Soluble
- Cold Water Soluble
- Global Black Tea Extracts Application Outlook (Revenue, USD Million, 2016-2027)
- Functional Food
- Beverages
- Cosmetics
- Beauty Supplements
- Others
Reasons to subscribe to Global black tea extracts market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global black tea extracts market databook
-
Our clientele includes a mix of black tea extracts market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global black tea extracts market , including forecasts for subscribers. This global databook contains high-level insights into Global black tea extracts market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global black tea extracts market size, by region, 2016-2027 (US$M)
Top 10 countries: Black tea extracts market size, 2019 (US$M)
Global black tea extracts market share, by form, 2019 & 2027 (%, US$M)
Black tea extracts market: Opportunity assessment by country
Global black tea extracts market, by region, 2019 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
