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Report overview
The global Black Tea Extract market was valued at US$ 118.2 million in 2022 and is projected to reach US$ 154.1 million by 2029, at a CAGR of 3.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Black tea is extracted from Camellia sinensis plant and it is transformed into powder.
This report aims to provide a comprehensive presentation of the global market for Black Tea Extract, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Black Tea Extract. This report contains market size and forecasts of Black Tea Extract in global, including the following market information:
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Hot Water Soluble Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Black Tea Extract include Synthite Industries Limited, Finlays, Cymbio Pharma, Harrisons Tea Extracts, AVT Tea Services, MARUZEN PHARMACEUTICALS, Jiangsu Dehe, Huzhou Rongkai Foliage Extract and Changsha Herbway Biotech, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Black Tea Extract manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Black Tea Extract Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Black Tea Extract Market Segment Percentages, by Type, 2022 (%)
Global Black Tea Extract Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Black Tea Extract Market Segment Percentages, by Application, 2022 (%)
Global Black Tea Extract Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Black Tea Extract Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Black Tea Extract revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Black Tea Extract revenues share in global market, 2022 (%)
Key companies Black Tea Extract sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Black Tea Extract sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: