According to the recent study the green tea extract marketis projected to grow at a CAGR of 7%-8% from 2020 to 2025. Growth in this market is primarily driven byincrease in consumption of convenience food, rising health consciousness among consumers, and increasing number of patients with heart disease.
Browse XX figures / charts and XXtables in this 150 -page report to understand trends, opportunities and forecast in green tea extractmarketby product type (powder, liquid, and capsule), application (dietary supplements, food and beverage, personal care and cosmetics, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).
“Powder market is expected to remain the largest segment during the forecast period.”
Based on product type, the green tea extractmarket is segmented intopowder, liquid, and capsule. Lucintel forecasts that the powderis expected to witness the largest segment over the forecast period.
“Within the green tea extractmarket, the food and beverage segment is expected to remain the largest application”
Based on application, the food and beverage segment is expected to witness the largest application over the forecast period due to higher food and beverage expenditure and the rapidly growing food and beverage industry.
“Asia Pacificwill dominate the green tea extractmarket in near future”
Asia Pacificis expected to be the largest region over the forecast perioddue to a growing aging population, increasing awareness on the medicinal aspects of green tea extract, and introduction of new innovative green tea extract products.
