Tea is a hot beverage made from leaves with a dark green color and white flowers of Chinese and Indian origins. Tea premixes became a new product with various beneficial ingredients, including vitamins and polyphenols. Given changing consumer dietary preferences and a busy lifestyle, tea premixes now account for a sizeable portion of the market. The market for black tea has grown in developed nations such as the U.S. due to consumers' shifting preferences for premiumization and branded on-the-go beverages. Regular tea consumption lowers cholesterol levels, promotes healthy weight loss, and aids in reducing the harm free radicals do to cells.
Data Bridge Market Research shows that the Global Black Tea Ingredients Market was valued at USD 398.1 million in 2021 and is expected to reach USD 684.01 million by 2029, at a CAGR of 7.00% during the forecast period.
"Changes in lifestyle and rising demand from the personal care sector"
With the increasing demand for black tea ingredients due to their natural content and therapeutic properties, the global market is anticipated to expand. Increased tea consumption in homes, cafes, and offices will also increase growth. Additionally, it is anticipated to be fueled by several factors, including an expanding working population, a rise in demand for products that are ready to use, and expanded retail markets. Demand for black tea ingredients is anticipated to rise as tea becomes increasingly popular as a natural ingredient in personal care products. The demand for black tea ingredients is expected to increase as disposable income, food and beverage spending, and consumer awareness rise.
What restraints the growth of the Global Black Tea Ingredients Market?
" Lack of knowledge regarding the advantages of black tea"
In the sight of consumers' lack of knowledge of the benefits of the products, the black tea ingredient market is likely to face growth obstacles. While there are numerous advantages to drinking black tea or limiting the amount of milk in tea, most people still prefer to consume tea with high milk quantity.
Segmentation: Global Black Tea Ingredients Market
The global black tea ingredients market is segmented on the basis of form, product, type, application, and distribution channel.
- On the basis of form, the black tea ingredients market is segmented into powder, liquid, encapsulated.
- On the basis of product, the black tea ingredients market is segmented into hot water soluble, cold water soluble
- On the basis of type, the black tea ingredients market is segmented into India's Assam black tea, India's Darjeeling black tea, India's Nilgiri black tea, Srilanka's Ceylon black tea, China's Keemun black tea, China's Yunnan black tea, Africa's Kenyan black tea
- On the basis of application, the black tea ingredients market is segmented into functional food, beverages, cosmetics, beauty supplements
- On the basis of distribution channels, the black tea ingredients market is segmented into supermarkets/hypermarkets, specialty stores, convenience stores, online stores, others.
Regional Insights: Asia-Pacific is expected to dominate the Global Black Tea Ingredients Market
The Asia-Pacific black tea ingredients market is expected to account for a sizable portion of the target market's revenue. Tea production and sales in the region's countries China, Japan, and India are expected to drive market growth in Asia-Pacific, owing to the products' anti-aging and detoxifying properties and rising tea consumption among people of all ages and genders. An increase in retail tea outlets is another factor expected to drive target market growth.
The North American market is expected to grow faster due to increased green tea demand and consumption and higher per capita tea consumption in the region, which is expected to be a major factor driving North American black tea ingredients.
To know more about the study, visit, https://www.databridgemarketresearch.com/de/reports/global-black-tea-ingredients-market
Recent Developments in the global black tea ingredients market
- In 2020, Manipur-based Dweler Teas launched the new "Nong-Mang-Kha Ginger Loose Tea" to enable the public to consume more of the traditional herb, Nongmangkha. Nongmangkha is consumed to boost immunity because it has antiviral and antibacterial properties.
The prominent key players operating in the global black tea ingredients market include:
- Intuitive Surgical (U.S.)
- Stryker (U.S.)
- Hocoma (Switzerland)
- Medtronic (Israel)
- CMR Surgical (U.K.)
- Auris Health Inc. (U.S.)
- Accuray Incorporated (U.S.)
- Omnicell Inc. (U.S.)
- ARxIUM (U.S.)
- Ekso Bionics (U.S.)
- Capsa Healthcare (U.S.)
- Asensus Surgical U.S., Inc. (U.S.)
- Stereotaxis Inc. (U.S.)
- ReWalk Robotics (Israel)
- Titan Medical Inc. (Canada)
- Medtech S.A. (U.S.)
- Siemens Healthcare GmbH (Germany)
Above are the key players covered in the report, to know about more and exhaustive list of global black tea ingredients market companies contact, https://www.databridgemarketresearch.com/de/contact
Research Methodology: Global Black Tea Ingredients Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by dbmr research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, global vs regional and vendor share analysis. Please request analyst call in case of further inquiry.
