The global market for black tea extracts market was valued at USD 132.5 million in 2022, and it is projected to expand at a compound annual growth rate (CAGR) of 4.8% over the course of the forecast period. The market is expanding at a substantial rate due to growing consumer awareness of artificial flavors. The powdered leaves of black tea are used to make black tea extracts.
The industry is expanding due to the growing demand for ready-to-drink beverages as an alternative to soda and other fruit drinks. The industry is expected to develop in the coming years due to shifting customer preferences toward nutrient-dense food supplements rather than artificial components.

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Growth Drivers
The market is expanding due to the rising demand for herbal dietary supplements and the global rise in the consumption of healthful beverages. The market for calorie-cutting and nutritionally enhanced products is growing. People between the ages of 18 and 34 are the source of rising demand. Restaurants worldwide are seeing an increase in demand for drinks made with black tea extract. In order to produce a rich flavor, black tea extracts are employed for oxidation.
Green tea was already well-known around the world as a nutritious substitute for caffeinated beverages. Because of its anti-inflammatory and antioxidant qualities, tea extracts are among the most popular drinks among customers. The market's potential is further enhanced by rising premium food consumption and the growing appeal of functional foods. Innovative uses of tea extract in the food and cosmetics industries are also greatly expanding the market.
Segmentation
Application
· Food
· Beverages
· Pharmaceuticals
· Others
Type
· Organic
· Conventional
Form
· Liquid
· Powder
Regional Outlook
· North America
· Asia-Pacific
· Europe
· Latin America
· Middle East and Africa
Key Players
· Archer Daniels Midland
· Dupont
· Kemin Industries
· Givaudan
· Synergy
· Frutarom
· A Holliday and Co.
· Martin Bauer Group
· Indena Spy
· Futureceuticals
· Phyto Life Sciences Pvt. Ltd.
· Taiyo International
· Harrison Tea
· Halssen and Lyyon GMBH
· Nutrasource INC.
· Other Players

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