Middle East & Africa Black Tea Extracts Market Size & Outlook
Related Markets
MEA black tea extracts market highlights
- The MEA black tea extracts market generated a revenue of USD 501.0 million in 2019.
- The market is expected to grow at a CAGR of 3.7% 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.
- Country-wise, Kenya is expected to register the highest CAGR from 2020 to 2027.
MEA data book summary
| Market revenue in 2019 | USD 501.0 million |
| Market revenue in 2027 | USD 669.5 million |
| Growth rate | 3.7% (CAGR from 2019 to 2027) |
| Largest segment | Powder |
| Fastest growing segment | Powder |
| 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 |
| Key market players worldwide | Synthomer PLC, Finlay Minerals Ltd, Martin Bauer Group, Kemin Industries, Avt Natural Products, Cymbio Pharma |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.0% of the global black tea extracts market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- Latin America is the fastest growing regional market and is projected to reach USD 191.5 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 |
Middle East & Africa 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 41.56% in 2019. Horizon Databook has segmented the Middle East & Africa black tea extracts market based on powder, liquid, encapsulated covering the revenue growth of each sub-segment from 2016 to 2027.
Reasons to subscribe to Middle East & Africa 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 Middle East & Africa 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 continent-level data and insights on the Middle East & Africa black tea extracts market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa black tea extracts market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
MEA black tea extracts market size, by country, 2016-2027 (US$M)
Middle East & Africa Black Tea Extracts Market Outlook Share, 2019 & 2027 (US$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
