Global White Tea Extract Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
"Global White Tea Extract Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global white tea extract market report has been segmented on basis of product type, distribution channel, and region.
Global White Tea Extract Market: Overview
White tea is prepared from the plant species Camellia sinensis. The leaves and buds are picked before they are fully open and is 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 circulatory system and other important organs and tissues, powerful defender against harmful bacteria, yeasts, and viruses, has an effect on Solobacterium moorei which causes bad breath, protective benefits for the colon, improving overall health and appearance and protecting against wrinkles and discoloration.
Global White Tea Extract Market: Dynamics
Incresaing awareness regarding health benefits which 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. Incresaing incidences and prevelance 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, availability of substitute in the market and product recall due to presence of harmful substances are some of the major factors and may restraint the growth in term of revenue in the target market.
Global White Tea Extract Market: Segment Analysis
Among the variety segments, the white peony segment is expected to dominate and register a higher growth in terms of revenue in the global market. Among the application segments, the cosmetics is expected to account a major share, owing to high antioxidant content which is used in anti-ageing formulations.
Global White Tea Extract Market: Trends and Opportunities
There are numerous benefits of consuming white tea on the regular basis and is expected to creates 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.
Global White Tea Extract Market: Region Analysis
The market in Europe is projected to account for major revenue share in the global market, followed by the market in North America. This is due to, higher adoption rate of health beneficiary beverages to combat with changing environment and lifestyle is a key factors 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.
Global 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 flavour:
- Others (include, chocolate, peach, apricot, etc.)
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- 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
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