Black Tea Extracts Market Size

Statistics for the 2023 & 2024 Black Tea Extracts market size, created by Mordor Intelligence™ Industry Reports. Black Tea Extracts size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Black Tea Extracts Industry

Black Tea Extracts Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.50 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Black Tea Extracts Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Black Tea Extracts Market Analysis

Global Black Tea Extracts Market is projected to grow at a CAGR of 4.5% during the forecast period (2019-2024).

  • Black tea extract is rich in of vitamin C, zinc, iron, magnesium, copper, manganese, potassium, fluoride, and calcium. Black tea extract have more anti-oxidants as compared to green tea, and are anti-allergic, anti-viral and anti-spasmodic.
  • Increasing demand for herbal medicines demand has positivelyinfluenced the black tea extract market size. Functional food with herbal ingredients are witnessing a significant consumption growth over the forecast period.

Black Tea Extracts Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)