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Black Tea Extracts Market -Industry News, Applications and Trends!

The market for black tea extracts is anticipated to grow with the rising awareness among population regarding the health benefits offered by the product. In addition, rising groceries, retail stores, and supermarkets, which offer the products, are expected to trigger the market growth.

The Global Black Tea Extracts Market is expected to reach USD 153.0 million by 2025, growing at a CAGR of 4.8%, according to a new report by Grand View Research, Inc.


Black tea extracts are used in dietary supplements owing to the superior concentration of vitamins and minerals. The product contains antioxidants and polyphenols, which are responsible for improving metabolism and inhibiting the bacterial growth. It is also effective in reducing lifestyle induced diseases such as diabetes and blood pressure as it helps in reducing the stress levels in the body.

Black tea extracts industry is anticipated to grow on account of efforts undertaken by manufacturers to engage in backward integration coupled with the adoption of contract farming as a tool to improve the yield. The adoption of contract farming aids in stabilizing the fluctuating market conditions and changing consumption patterns, which in turn is expected to aid the market growth.

In addition, manufacturers are inclined toward using innovative extraction methods such as UAE, MAE, and SCFE to increase the concentration of polyphenols in the extract in an attempt to increase the customer base. Asia Pacific is anticipated to emerge as the fastest-growing region, indicating a CAGR of 5.9% from 2017 to 2025 on account of growing population coupled with rising sales of the product in the region.

To Know More About Black Tea Extracts Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/black-tea-extracts-market 

A large number of black tea extract producing companies are present in Asia Pacific on account of favorable climatic conditions and inexpensive resources, which is anticipated to drive the production in the regional market. The demand in volume for black tea extracts in the manufacture of beverages, such as RTDs, accounted for 45.8% of the global consumption in 2016, in terms of volume, on account of high demand for such products by the younger population.

Market Segmentation of Black Tea Extracts Market:

The Global Black Tea Extracts Market segmented on the basis of Form, Product, Application, and Region.

By Form:

Powder
Liquid
Encapsulated

By Product:

Hot Water Soluble
Cold Water Soluble

By Application:

Functional Food
Beverages
Cosmetics
Beauty Supplements

By Region:

North America
Europe
Asia Pacific
Central & South America
Middle East & Africa

Inquire about Black Tea Extracts Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3713/ibb 
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