Europe Tea Extracts Market Forecast to 2031 - Regional Analysis - by Type, Category, Form, and Application

List of Tables

The Europe tea extracts market was valued at US$ 933.84 million in 2023 and is expected to reach US$ 1,425.28 million by 2031; it is estimated to register a CAGR of 5.4% from 2023 to 2031.

Growth of Cosmetic and Personal Care Industry Drives Europe Tea Extracts Market

The Europe personal care and cosmetics market was valued at ~US$ 94 billion in 2022, as per Cosmetics Europe-the personal care association. The personal care and cosmetics industry adds ~US$ 30 billion to the European economy. Natural ingredients such as tea extracts are significantly employed in cosmetic and personal care products owing to their beneficial properties. The antioxidant-rich qualities of tea-based skin care products help fight free radicals and environmental stressors, resulting in healthier and more radiant skin. Tea extracts are also well-known for their calming and anti-inflammatory properties, which makes them ideal for a variety of skin types-including sensitive and acne-prone skin. The antioxidant properties of tea extracts enhance skin appearance while preventing aging. Vitamin E, present in tea extracts, contributes to hydration, cell regeneration, and nourishment.

With rising popularity and demand, advanced skincare products infused with tea extracts are being introduced by manufacturers who are constantly improving their compositions. For example, in 2021, Nature's Sunshine Products launched a clean beauty line-l'amara-which uses green tea extract and soothing algae. Similarly, Ustawi debuted the Green Tea Matte Finish Moisturizer in the same year. The demand for tea extracts has also increased among cosmetic manufacturers owing to the expanding influence of social media, growing demand for natural products, and rising promotion of tea-based skincare products. Thus, the growth of the cosmetic and personal care industry is projected to open lucrative growth opportunities for the tea extracts in the personal care industry over the forecast period.

Europe Tea Extracts Market Overview

The Rest of Europe consists of countries such as Norway, Sweden, Denmark, Poland, Austria, Greece, Hungry, and the Netherlands, among others. The tea extracts market in these countries is experiencing significant growth due to the growing preference for natural and healthier alternatives. Consumers are seeking products containing natural ingredients and components that provide health benefits. The tea extracts market has opportunities for growth and innovation in various applications such as food and beverages, pharmaceuticals, and cosmetics.

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

Europe Tea Extracts Market Segmentation

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

Based on type , the Europe 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 Europe tea extracts market is bifurcated into powder and liquid. The liquid segment held a larger market share in 2023.

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

By country, the Europe tea extracts market is segmented into Germany, France, Italy, the UK, Russia, Spain, and the Rest of Europe. The Rest of Europe dominated the Europe 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 Europe tea extracts market.

Product Code: BMIRE00031065

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:
3.3 Assumptions and Limitations

4. Europe 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. Europe 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. Tea Extracts Market - Europe Analysis

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

7. Europe Tea Extracts Market Analysis - by Type

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

8. Europe Tea Extracts Market Analysis - by Category

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

9. Europe Tea Extracts Market Analysis - by Form

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

10. Europe Tea Extracts Market Analysis - by Application

10.1 Food and Beverages
- 10.1.1 Overview
- 10.1.2 Food and Beverages: Europe 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: Europe 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: Europe Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.4 Beverages
- 10.4.1 Overview
- 10.4.2 Beverages: Europe 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: Europe Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.6 Dietary Supplements
- 10.6.1 Overview
- 10.6.2 Dietary Supplements: Europe 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: Europe Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.8 Others
- 10.8.1 Overview
- 10.8.2 Others: Europe Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)

11. Europe Tea Extracts Market - Country Analysis

11.1 Europe
- 11.1.1 Europe Tea Extracts Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.1 Europe Tea Extracts Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.2 Germany: Europe Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.2.1 Germany: Europe Tea Extracts Market Share - by Type
    - 11.1.1.2.2 Germany: Europe Tea Extracts Market Share - by Category
    - 11.1.1.2.3 Germany: Europe Tea Extracts Market Share - by Form
    - 11.1.1.2.4 Germany: Europe Tea Extracts Market Share - by Application
  - 11.1.1.3 France: Europe Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.3.1 France: Europe Tea Extracts Market Share - by Type
    - 11.1.1.3.2 France: Europe Tea Extracts Market Share - by Category
    - 11.1.1.3.3 France: Europe Tea Extracts Market Share - by Form
    - 11.1.1.3.4 France: Europe Tea Extracts Market Share - by Application
  - 11.1.1.4 Italy: Europe Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.4.1 Italy: Europe Tea Extracts Market Share - by Type
    - 11.1.1.4.2 Italy: Europe Tea Extracts Market Share - by Category
    - 11.1.1.4.3 Italy: Europe Tea Extracts Market Share - by Form
    - 11.1.1.4.4 Italy: Europe Tea Extracts Market Share - by Application
  - 11.1.1.5 United Kingdom: Europe Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.5.1 United Kingdom: Europe Tea Extracts Market Share - by Type
    - 11.1.1.5.2 United Kingdom: Europe Tea Extracts Market Share - by Category
    - 11.1.1.5.3 United Kingdom: Europe Tea Extracts Market Share - by Form
    - 11.1.1.5.4 United Kingdom: Europe Tea Extracts Market Share - by Application
  - 11.1.1.6 Russia: Europe Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.6.1 Russia: Europe Tea Extracts Market Share - by Type
    - 11.1.1.6.2 Russia: Europe Tea Extracts Market Share - by Category
    - 11.1.1.6.3 Russia: Europe Tea Extracts Market Share - by Form
    - 11.1.1.6.4 Russia: Europe Tea Extracts Market Share - by Application
  - 11.1.1.7 Spain: Europe Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.7.1 Spain: Europe Tea Extracts Market Share - by Type
    - 11.1.1.7.2 Spain: Europe Tea Extracts Market Share - by Category
    - 11.1.1.7.3 Spain: Europe Tea Extracts Market Share - by Form
    - 11.1.1.7.4 Spain: Europe Tea Extracts Market Share - by Application
  - 11.1.1.8 Rest of Europe: Europe Tea Extracts Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.1.8.1 Rest of Europe: Europe Tea Extracts Market Share - by Type
    - 11.1.1.8.2 Rest of Europe: Europe Tea Extracts Market Share - by Category
    - 11.1.1.8.3 Rest of Europe: Europe Tea Extracts Market Share - by Form
    - 11.1.1.8.4 Rest of Europe: Europe 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

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 Martin Bauer GmbH & Co KG
- 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
- 14.13.4 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