Tea Extracts Market Size, Scope, Growth Analysis 2022-2028

Muthyala17 Apr, 2023Other

The global tea extracts market size was valued at USD 2,831.7 million in 2021 and is poised to grow at a significant CAGR of 7.10% during the forecast period 2022-28. Demand for tea extracts is fueled partly by rising consumer interest in natural and healthy products, increased consumer knowledge of population health, and a shift in the food sector toward using vegetable ingredients as flavorings and other additives. Thus, it is anticipated that natural or organic tea extracts will become increasingly popular. Additionally, an article published in November 2018 by Anticancer Research claimed that consuming oolong tea extracts aids in preventing breast cancer.