Kenya Black Tea Extracts Market Size & Outlook, 2019-2027

The black tea extracts market in Kenya is expected to reach a projected revenue of US$ 119.6 million by 2027. A compound annual growth rate of 5.8% is expected of Kenya black tea extracts market from 2020 to 2027.
Revenue, 2019 (US$M)
$76.2
Forecast, 2027 (US$M)
$119.6
CAGR, 2020 - 2027
5.8%
Report Coverage
Kenya

Kenya black tea extracts market highlights

  • The Kenya black tea extracts market generated a revenue of USD 76.2 million in 2019 and is expected to reach USD 119.6 million by 2027.
  • The Kenya market is expected to grow at a CAGR of 5.8% from 2020 to 2027.
  • In terms of segment, powder was the largest revenue generating form in 2019.
  • Powder is the most lucrative form segment registering the fastest growth during the forecast period.


Black tea extracts market data book summary

Market revenue in 2019USD 76.2 million
Market revenue in 2027USD 119.6 million
Growth rate5.8% (CAGR from 2019 to 2027)
Largest segmentPowder
Fastest growing segmentPowder
Historical data2016 - 2018
Base year2019
Forecast period2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationPowder, Liquid, Encapsulated
Key market players worldwideSynthomer PLC, Finlay Minerals Ltd, Martin Bauer Group, Kemin Industries, Avt Natural Products, Cymbio Pharma


Other key industry trends

  • In terms of revenue, Kenya accounted for 1.1% of the global black tea extracts market in 2019.
  • Country-wise, India is expected to lead the global market in terms of revenue in 2027.
  • In Middle East & Africa, Kenya black tea extracts market is projected to lead the regional market in terms of revenue in 2027.
  • Kenya is the fastest growing regional market in Middle East & Africa and is projected to reach USD 119.6 million by 2027.

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Black Tea Extracts Market Companies

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Kenya 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 45.28% in 2019. Horizon Databook has segmented the Kenya black tea extracts market based on powder, liquid, encapsulated covering the revenue growth of each sub-segment from 2016 to 2027.


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Horizon Databook provides a detailed overview of country-level data and insights on the Kenya black tea extracts market , including forecasts for subscribers. This country databook contains high-level insights into Kenya black tea extracts market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Kenya black tea extracts market size, by form, 2016-2027 (US$M)

Kenya Black Tea Extracts Market Outlook Share, 2019 & 2027 (US$M)

Kenya black tea extracts market size, by form, 2016-2027 (US$M)

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