Black Tea Extract Market Update, Analysis, Forecast, 2016 – 2024

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Black Tea Extract Market Business Development
Forecasts and Analysis Global Market Insights
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Regional Analysis of Black Tea Extract Market

• North America, led by the U.S. black tea extract
  market size, is likely to hold a comparatively
  high share in terms of market value owing to
  higher product consumption. U.S. imported over
  120 kilo tons of tea in 2015.
• Asia Pacific, driven by India and China black tea
  extract market size, may register gains owing to
  increase in health awareness along with rise in
  per-capita disposable income, thereby influencing
  regional growth. China and India accounted for
  over 85 of the total tea produced in 2015.
• Black tea is majorly produced in Kenya and
  accounted for over 25 of the total export in
  2015. Kenya exports its product in UK, Egypt, and
  Pakistan. Favorable trend in packaging and
  marketing initiatives should drive regional
  growth. Most of the manufacturing companies are
  vertical integrated across the value chain,
  thereby enhancing the production process.

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Application Analysis of Black Tea Extract Market

• Global cosmetics market may surpass USD 675
  billion by 2024 at gains over 6.5. Asia Pacific
  accounted for over 35 of the total market share
  in 2015 due to the changing lifestyles and
  increase in beauty consciousness among the
  consumers. Black tea extract gel reduces skin
  redness after the exposure to UV light. In
  addition, it minimizes skin cancer probability on
  account of its antioxidant properties. Black tea
  extract is used to enhance skin health and
  reduces visible symptoms of aging. The
  theaflavins reduces inflammation and soothes
  skin. In addition, it increases hair thickness
  by decreasing dihydrotestosterone, thereby
  reducing hair loss due to caffeine content.
• Global dietary supplements market size was over
  USD 120 billion in 2015. Increasing consumer
  awareness towards nutritional enrichment and
  calorie reduction mainly in China, Italy, and the
  U.S. should drive industry growth in food
  beverage sector and favor black tea extract
  market growth.

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Application Analysis of Black Tea Extract Market

• Increasing herbal medicines demand may positive
  influence black tea extract market size.
  Functional food with herbal ingredients are
  witnessing a significant consumption growth over
  the forecast timeframe. Black tea extract serves
  as an herbal medicine, as it significantly
  minimizes the risk of oral cancer for those who
  intake tobacco products or smokes cigarettes.
• It also prevents cancer by hindering malignant
  tumors growth. Tannins present can fight viruses
  such as dysentery, influenza, cold, flu and
  hepatitis. Catechin, a form of tannin helps in
  suppressing tumors. Alkylamine antigens helps in
  increasing the immune response.

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Competitive Market Share of Black Tea Extract
Market

• Global black tea extract market share is
  competitive. Key players operating in black tea
  extract industry include Kemin, AVT Natural,
  Synthite, Martin Bauer Group, and Finlays. Other
  prominent companies include Phyto Life Sciences,
  Autocrat LLC, Cymbio Pharma, Blueberry Agro
  Products, Amax and NutraSource.

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