According to a new report, published by KBV research, The Global Tea Polysaccharides Market size is expected to reach $1.5 billion by 2030, rising at a market growth of 7.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 31,819.9 tonnes, experiencing a growth of 6.8% (2019-2022).
The Liquid market is registering a CAGR of 9% during (2023 - 2030). Liquid tea polysaccharides are typically extracted from tea leaves using water or other solvents. The extraction process involves breaking down the cell walls of the tea leaves to release the polysaccharides into the liquid. Subsequently, the liquid is filtered and concentrated to obtain the polysaccharide solution. Liquid tea polysaccharides are available in various forms, including as dietary supplements, functional beverages, and ingredients in food and cosmetic products.
The Food & Beverages Industry segment is leading the Global Tea Polysaccharides Market by Application in 2022; thereby, achieving a market value of $874.8 Million by 2030. Manufacturers of various food and beverage products, such as energy bars, immunity-boosting teas, and nutritional supplements, use tea polysaccharides. The soluble nature of tea polysaccharides, when used as an ingredient, presents them as an attractive ingredient that might be employed in most dietary products, helping to enhance their products' functional properties and nutritional profile.
The Oolong Tea segment would showcase a CAGR of 8% during (2023 - 2030). Oolong tea serves as the primary component of polysaccharides called oolong tea polysaccharides. Oolong is employed as an economical and practical beverage to gain an immediate energy boost. Oolong tea is one of the most well-liked beverages among fitness enthusiasts worldwide because of its caffeine-free quality, making it perfect for anyone seeking to lose or gain weight.
The Europe region dominated the Global Tea Polysaccharides Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $533.2 Million by 2030. The North America region is poised to grow at a CAGR of 7.2% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 8.1% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/tea-polysaccharides-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Mark T. Wendell Tea Company, Hunan Nutramax Inc., TeaSource LLC, James Finlay Limited (John Swire & Sons (H.K.) Ltd.), International Flavors & Fragrances, Inc., Hankintatukku Oy, MB-Holding Gmbh &Co. KG, RFI Ingredients, LLC, Wellgreen Technology Co., Ltd. and Seebio biotech (shanghai) co., Ltd.
By Form (Volume, Tonnes, USD Million, 2019-2030)
By Application (Volume, Tonnes, USD Million, 2019-2030)
By Type (Volume, Tonnes, USD Million, 2019-2030)
By Geography (Volume, Tonnes, USD Million, 2019-2030)
Companies Profiled