Tea Extracts Market
The tea extracts are derived from the leaves of the Camellia sinensis plant, which is often cultivated in China, India, Korea, and Japan. They are used for several purposes, most of which are to improve the flavor and nutritive value of food and drinks. However, recent studies show that tea extracts also have some antibacterial, antiviral, anti-fungal, anti-bacterial, and anti-cancer properties. More importantly, tea extracts are known to have nutritional benefits, particularly catechin polyphenols that are major ingredients of green tea.
Market Dynamics
The increasing demand for natural ingredient-based beverages is driving the growth of the tea extracts market. Moreover, the growing popularity of ready-to-drink tea, sparkling beverages, and cold brew as key players are launching such drinks with tea extracts is fostering the market growth.
Moreover, the increasing focus of key players on introducing innovative beverages that consist of tea extracts is fostering the market growth. For instance, in 2021, Singapore ADM is a pioneer in plant-based nutrition innovation, having just opened a new cutting-edge plant-based innovation lab. . The new facility features a combination of protein and texturing ingredient experts, as well as flavor professionals, allowing ADM to swiftly and efficiently build tailor-made solutions for the global tea extract market.
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