Global Green Tea Extract Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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“Global Green Tea Extract Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global green tea extract market report has been segmented on the basis of product, application, and region.
Global Green Tea Extract Market: Overview
Green Tea is derived from leaves of unfermented Camellia sinensis and is mostly found in parts of China and Japan in Asian countries. Green tea extract is available in concentrated form of the beverage and is used as supplements and various other medical products. Green tea extract has many health benefits owing to rich source of anti-oxidants that’s helps in improving the heart health. Green tea contains moderate caffeine, which act as stimulant and is consumed by people mostly business professionals and athletes to keep up with their day to day activities. The tea extract is used as a supplement for catechins deficient population.
Global Green Tea Extract Market: Dynamics
Growing awareness about health consciousness and increasing incidence and prevelance of chronic diseases are major factors and is expected to drive growth revenue of the target market over the forecast period. In addition, rising dispersible income level, growing focus of consumers towards adoption of healthy lifestyle, increasing number of obesity cases, and rising count of patients suffering from cardiovascular diseases are some of the other factors expected to increase demand of the green tea extract globally. However, lack of awareness about the medicinal benefits of green tea extract is underdevloping countries is a factor expected to hamper the growth of the target market to a certain extent.
Global Green Tea Extract Market: Segment Analysis
Among the product segments, epigallocatechin gallate is expected to register the majority of market share. This is primarily attributed, extensively used in the prevention of various neurodegenerative diseases such as Alzheimer’s and Parkinson’s disease and for the treatment of several lifestyle diseases such as cancer, diabetes, and obesity. Among the application segment, food is expected to witness significant revenue share over the forecast period. This is primarily to, higher food and beverages expenditure and rapidly growing F&B industry.
Global Green Tea Extract Market: Trend and Opportunity
The major player is focusing on manufacturing healthier and natural products owing to increasing awareness among the population regarding health and wellness is a current key trends observed in the target market. Growing academic research in order to discover new areas of application of green tea extracts is expected to create potential opportunities for the players operating in this market space.
Global Green Tea Extract Market: Regional Analysis
In 2018, the markets in Asia Pacific is anticipated to hold major share in the target market over the forecast period and is expected to register highest CAGR. This is primarily due to, growing aging population, increasing awareness about medicinal aspects of green tea extract, and introduction of new innovative flavored green tea extract products, are some of the major factors expected to increase the demand for the green tea extract in countries such as Japan, China, and India in Asia Pacific region.
Global Green Tea Extract Market Segmentation:
Segmentation by product:
- Tea polyphenols
- Tea catechins
- Epigallocatechin gallate (EGCG)
Segmentation by application:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Indena S.p.A.
- Koninklijke DSM N.V.
- BASF SE
- Danone S.A.
- Tate & Lyle PLC
- Blue California Co.
- Changsha Sunfull Bio-tech Co., Ltd.
- Taiyo Group
- Zhejiang Huisong Pharmacy Limited Company
- Martin Bauer Group
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