Global White Tea Extract Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
The White Tea Extract Market Report has been segmented on basis of product type, distribution channel, and region.
White Tea Extract Market: Overview
“The White Tea Extract Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
White tea is prepared from the plant species Camellia sinensis. The leaves and buds are picked before they are fully open and are covered in fine white hairs.
White tea is generally processed of the three teas, owing to this process it aids in retaining a high amount of antioxidants. The key ingredients found in white tea are epigallocatechin (EGC), epigallocatechin gallate (EGCG), epicatechin (EC), and epicatechin gallate (ECG).
White Tea extract provides protective catechins and is useful in improving cellular protection.
The benefits of white tea extracts are offering protection for the circulatory system and other important organs and tissues, powerful defender against harmful bacteria, yeasts, and viruses, having an effect on Solobacterium moorei which causes bad breath, and protective benefits for the colon improves overall health and appearance and protecting against wrinkles and discoloration.
White Tea Extract Market: Dynamics
Increasing awareness regarding health benefits that can fascinate a large consumer population globally is a key factor expected to drive growth in terms of revenue in the global market over the forecoming years.
Increasing incidences and prevalence of chronic diseases such as diabetes, cancer, etc., and rising adoption of white tea extract in medicinal use in pharmaceutical and cosmetic industries, are some of the other factors expected to increase the demand for these extract globally.
However, the availability of substitutes in the market and product recall due to the presence of harmful substances are some of the major factors and may restrain the growth in terms of revenue in the target market.
White Tea Extract Market: Segment Analysis
Among the variety of segments, the white peony segment is expected to dominate and register higher growth in terms of revenue in the global market.
Among the application segments, the cosmetics are expected to account for a major share, owing to the high antioxidant content which is used in anti-aging formulations.
White Tea Extract Market: Trends and Opportunities
There are numerous benefits of consuming white tea on the regular basis and is expected to create a potential opportunity for the manufacturers of the white tea extract manufacturers as well as consumers are becoming aware of the health hazards and so are opting for healthy products that can provide a solution for various health issues is a key trend witnessed in the market currently.
White Tea Extract Market: Region Analysis
The market in Europe is projected to account for a major revenue share in the global market, followed by the market in North America.
This is due to, the higher adoption rate of health beneficiary beverages to combat with changing environment and lifestyles is a key factor driving market growth in countries in this region.
Revenue from the Asia Pacific White Tea Extract market is anticipated to grow at a higher CAGR in the upcoming years.
White Tea Extract Market Segmentation:
Segmentation by variety:
- White Peony
- Monkey Picked
- Silver Needle
Segmentation by application:
- Food and beverage industry
- Health and hygiene products
- Biological pesticides
- Animal feed
Segmentation by flavor:
- Others (include, chocolate, peach, apricot, etc.)
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
- Zhejiang Tea Group Co. Ltd.
- Shaanxi Iknow Biotechnology Co. Ltd.
- Vicony Teas Company
- Changsha Botaniex Inc.
- Carrubba Inc.
- Wollenhaupt GmbH
- Lanzhou Waltlets Biotech Co., Ltd.
- Arihant Tea Company
- Solanki Tea Co. Private Limited
Request for TOC
Why Choose Us
- 360 Degree Approach
- Growth Consulting
- 24/7 Research Support
- Comprehensive-Level of Customization
- Comprehensive-Level of Customization
- Competitive Intelligence
- Single-Country/ Region Intelligence
- Post-Sale Service Assistance
- Access to Lead Analysts
- Available in PDF, Excel, Word/ PPT
Request for Customization
Don't just take our word. We are trusted by these great companies!