Asia Pacific Tea Extracts Market Forecast to 2031 - Regional Analysis

List of Tables

The Asia Pacific tea extracts market was valued at US$ 1,148.35 million in 2023 and is expected to reach US$ 2,011.41 million by 2031; it is estimated to register a CAGR of 7.3% from 2023 to 2031.

Wide Application Scope of Tea Extracts Boosts Asia Pacific Tea Extracts Market

Tea extracts have a wide range of applications in various end-use industries such as food and beverages, pharmaceuticals and nutraceuticals, personal care and cosmetics, and animal feed, among others. Tea extracts are used as natural flavorings, colorants, and preservatives in food and beverage products. Consumers increasingly seek clean-label products, driving the demand for natural ingredients such as tea extracts in food products. Also, there is an increasing demand for various herbal and botanical extracts in the beverage industry. Further, tea extracts are valued for their medicinal properties and health benefits in the pharmaceutical and nutraceutical industries. Tea extracts are considered important owing to their rich concentration of bioactive compounds, including polyphenols, catechins, and flavonoids. These compounds offer numerous health benefits, making tea extracts a popular ingredient in dietary supplements and pharmaceutical products aimed at improving overall well-being. Tea extracts are effective in protecting skin from environmental damage, soothing irritation, and reducing the appearance of lines and wrinkles. As a result, tea extracts are gaining popularity in personal care products as a functional ingredient. Tea extracts are also utilized in the animal feed industry to improve the overall health and performance of livestock and pets. The demand for natural and organic animal feed ingredients is driven by the need for sustainable and nutritionally dense feed options.

Thus, the wide range of applications of tea extracts across various end-use industries drives the tea extracts market.

Asia Pacific Tea Extracts Market Overview

The China tea extracts market is a vast and rapidly growing industry driven by rich tea culture. China is the world's largest tea producer and consumer. The market is characterized by a strong preference for high-quality tea extracts, particularly in traditional Chinese medicine and the pharmaceutical industry. Chinese manufacturers such as Tongrentang and Yunnan Baiyao used tea extracts to create medicine products such as tea-based supplements and tea-infused health tonics. Furthermore, China's thriving food and beverages industry, led by companies such as Hangzhou Wahaha Group and Nongfu Spring, is constantly seeking new and exciting ways to incorporate tea extracts into products, driving growth and innovation in the market.

Asia Pacific Tea Extracts Market Revenue and Forecast to 2031 (US$ Million)

Asia Pacific Tea Extracts Market Segmentation

The Asia Pacific tea extracts market is categorized into type, category, form, application, and country.

Based on type , the Asia Pacific tea extracts market is segmented into green tea, black tea, oolong tea, and others. The green tea segment held the largest market share in 2023.

In terms of form, the Asia Pacific tea extracts market is bifurcated into powder and liquid. The liquid segment held a larger market share in 2023.

By application, the Asia Pacific tea extracts market is segmented into food and beverages, bakery and confectionery, dairy and frozen dessert, beverages, other food and beverages, dietary supplements, personal care and cosmetics, and others. The food and beverages segment held the largest market share in 2023.

By category, the Asia Pacific tea extracts market is bifurcated into conventional and organic. The conventional segment held a larger market share in 2023.

By country, the Asia Pacific tea extracts market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia-Pacific. China dominated the Asia Pacific tea extracts market share in 2023.

Finlays, Botanic Healthcare Group, Martin Bauer GmbH & Co KG, Firmenich International SA, Givaudan SA, International Flavors & Fragrances Inc, Kerry Group Plc, Archer Daniels Midland Company, Sensient Technologies Corp, Kemin Industries Inc, Medikonda Nutrients, Virginia Dare Extract Co Inc, Lipoid-Kosmetik, Florida Food Products, and Dohler GmbH are some of the leading companies operating in the Asia Pacific tea extracts market.

Product Code: BMIRE00031074

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macroeconomic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country-level data:

4. Asia Pacific Tea Extracts Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 List of Vendors in the Value Chain

5. Asia Pacific Tea Extracts Market - Key Market Dynamics

5.1 Market Drivers
5.2 Market Restraints
5.3 Market Opportunities
5.4 Future Trends
5.5 Impact of Drivers and Restraints:

6. Asia Pacific Tea Extracts Market - Analysis

6.1 Asia Pacific Tea Extracts Market Revenue (US$ Million), 2021-2031
6.2 Asia Pacific Tea Extracts Market Forecast Analysis

7. Asia Pacific Tea Extracts Market Analysis - by Type

7.1 Green Tea
- 7.1.1 Overview
- 7.1.2 Green Tea: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Black Tea
- 7.2.1 Overview
- 7.2.2 Black Tea: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Oolong Tea
- 7.3.1 Overview
- 7.3.2 Oolong Tea: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Others
- 7.4.1 Overview
- 7.4.2 Others: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. Asia Pacific Tea Extracts Market Analysis - by Category

8.1 Conventional
- 8.1.1 Overview
- 8.1.2 Conventional: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Organic
- 8.2.1 Overview
- 8.2.2 Organic: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. Asia Pacific Tea Extracts Market Analysis - by Form

9.1 Powder
- 9.1.1 Overview
- 9.1.2 Powder: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Liquid
- 9.2.1 Overview
- 9.2.2 Liquid: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. Asia Pacific Tea Extracts Market Analysis - by Application

10.1 Food and Beverages
- 10.1.1 Overview
- 10.1.2 Food and Beverages: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.2 Bakery and Confectionery
- 10.2.1 Overview
- 10.2.2 Bakery and Confectionery: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.3 Dairy and Frozen Dessert
- 10.3.1 Overview
- 10.3.2 Dairy and Frozen Dessert: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.4 Beverages
- 10.4.1 Overview
- 10.4.2 Beverages: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.5 Other Food and Beverages
- 10.5.1 Overview
- 10.5.2 Other Food and Beverages: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.6 Dietary Supplements
- 10.6.1 Overview
- 10.6.2 Dietary Supplements: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.7 Personal Care and Cosmetics
- 10.7.1 Overview
- 10.7.2 Personal Care and Cosmetics: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.8 Others
- 10.8.1 Overview
- 10.8.2 Others: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)

11. Asia Pacific Tea Extracts Market - Country Analysis

11.1 Asia Pacific
- 11.1.1 Asia Pacific Tea Extracts Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.1 Asia Pacific Tea Extracts Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.2 China: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.2.1 China: Asia Pacific Tea Extracts Market Share - by Type
    - 11.1.1.2.2 China: Asia Pacific Tea Extracts Market Share - by Category
    - 11.1.1.2.3 China: Asia Pacific Tea Extracts Market Share - by Form
    - 11.1.1.2.4 China: Asia Pacific Tea Extracts Market Share - by Application
  - 11.1.1.3 Japan: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.3.1 Japan: Asia Pacific Tea Extracts Market Share - by Type
    - 11.1.1.3.2 Japan: Asia Pacific Tea Extracts Market Share - by Category
    - 11.1.1.3.3 Japan: Asia Pacific Tea Extracts Market Share - by Form
    - 11.1.1.3.4 Japan: Asia Pacific Tea Extracts Market Share - by Application
  - 11.1.1.4 India: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.4.1 India: Asia Pacific Tea Extracts Market Share - by Type
    - 11.1.1.4.2 India: Asia Pacific Tea Extracts Market Share - by Category
    - 11.1.1.4.3 India: Asia Pacific Tea Extracts Market Share - by Form
    - 11.1.1.4.4 India: Asia Pacific Tea Extracts Market Share - by Application
  - 11.1.1.5 Australia: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.5.1 Australia: Asia Pacific Tea Extracts Market Share - by Type
    - 11.1.1.5.2 Australia: Asia Pacific Tea Extracts Market Share - by Category
    - 11.1.1.5.3 Australia: Asia Pacific Tea Extracts Market Share - by Form
    - 11.1.1.5.4 Australia: Asia Pacific Tea Extracts Market Share - by Application
  - 11.1.1.6 South Korea: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.6.1 South Korea: Asia Pacific Tea Extracts Market Share - by Type
    - 11.1.1.6.2 South Korea: Asia Pacific Tea Extracts Market Share - by Category
    - 11.1.1.6.3 South Korea: Asia Pacific Tea Extracts Market Share - by Form
    - 11.1.1.6.4 South Korea: Asia Pacific Tea Extracts Market Share - by Application
  - 11.1.1.7 Rest of APAC: Asia Pacific Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.7.1 Rest of APAC: Asia Pacific Tea Extracts Market Share - by Type
    - 11.1.1.7.2 Rest of APAC: Asia Pacific Tea Extracts Market Share - by Category
    - 11.1.1.7.3 Rest of APAC: Asia Pacific Tea Extracts Market Share - by Form
    - 11.1.1.7.4 Rest of APAC: Asia Pacific Tea Extracts Market Share - by Application

12. Competitive Landscape

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Partnerships and Collaborations
13.4 Other Developments

14. Company Profiles

14.1 Finlays
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 MartinBauer
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Firmenich International SA
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Givaudan SA
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 International Flavors & Fragrances Inc
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Kerry Group Plc
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Archer Daniels Midland Company
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8. Sensient Technologies Corp
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9. Kemin Industries Inc
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10. Botanic Healthcare Pvt Ltd
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments
14.11. Medikonda Nutrients
- 14.11.1 Key Facts
- 14.11.2 Business Description
- 14.11.3 Products and Services
- 14.11.4 Financial Overview
- 14.11.5 SWOT Analysis
- 14.11.6 Key Developments
14.12. Virginia Dare Extract Co Inc
- 14.12.1 Key Facts
- 14.12.2 Business Description
- 14.12.3 Products and Services
- 14.12.4 Financial Overview
- 14.12.5 SWOT Analysis
- 14.12.6 Key Developments
14.13. Lipoid-Kosmetik
- 14.13.1 Key Facts
- 14.13.2 Business Description
- 14.13.3 Products and Services
- 14.13.3 Financial Overview
- 14.13.5 SWOT Analysis
- 14.13.6 Key Developments
14.14 Florida Food Products
- 14.14.1 Key Facts
- 14.14.2 Business Description
- 14.14.3 Products and Services
- 14.14.4 Financial Overview
- 14.14.5 SWOT Analysis
- 14.14.6 Key Developments
14.15 Dohler GmbH
- 14.15.1 Key Facts
- 14.15.2 Business Description
- 14.15.3 Products and Services
- 14.15.4 Financial Overview
- 14.15.5 SWOT Analysis
- 14.15.6 Key Developments

15. Appendix

15.1 About Us
15.2 List of Abbreviations