Global Green Tea Extract Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Green Tea Extract Market 2021 (Includes Business Impact of COVID-19)
Global Green Tea Extract Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global green tea extract market report has been segmented on the basis of product, application, and region.
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The global Green Tea Extract market size was valued at USD$2749.11 billion in 2020 and is projected to reach $5307.68 billion by 2030, and is anticipated to expand at a CAGR of 6.8% over the forecast period from 2020 to 2030.


Global Green Tea Extract Market: Overview


Green Tea is derived from leaves of unfermented Camellia sinensis and is mostly found in parts of China and Japan in Asian countries. Green tea extract is available in concentrated form of the beverage and is used as supplements and various other medical products. Green tea extract has many health benefits owing to rich source of anti-oxidants thats helps in improving the heart health. Green tea contains moderate caffeine, which act as stimulant and is consumed by people mostly business professionals and athletes to keep up with their day to day activities. The tea extract is used as a supplement for catechins deficient population.


Global Green Tea Extract Market: Dynamics


Growing awareness about health consciousness and increasing incidence and prevelance of chronic diseases are major factors and is expected to drive growth revenue of the target market over the forecast period. In addition, rising dispersible income level, growing focus of consumers towards adoption of healthy lifestyle, increasing number of obesity cases, and rising count of patients suffering from cardiovascular diseases are some of the other factors expected to increase demand of the green tea extract globally. However, lack of awareness about the medicinal benefits of green tea extract is underdevloping countries is a factor expected to hamper the growth of the target market to a certain extent.


Global Green Tea Extract Market: Segment Analysis


Among the product segments, epigallocatechin gallate is expected to register the majority of market share. This is primarily attributed, extensively used in the prevention of various neurodegenerative diseases such as Alzheimers and Parkinsons disease and for the treatment of several lifestyle diseases such as cancer, diabetes, and obesity. Among the application segment, food is expected to witness significant revenue share over the forecast period. This is primarily to, higher food and beverages expenditure and rapidly growing F&B industry.


Global Green Tea Extract Market: Trend and Opportunity


The major player is focusing on manufacturing healthier and natural products owing to increasing awareness among the population regarding health and wellness is a current key trends observed in the target market. Growing academic research in order to discover new areas of application of green tea extracts is expected to create potential opportunities for the players operating in this market space.


Global Green Tea Extract Market: Regional Analysis


In 2018, the markets in Asia Pacific is anticipated to hold major share in the target market over the forecast period and is expected to register highest CAGR. This is primarily due to, growing aging population, increasing awareness about medicinal aspects of green tea extract, and introduction of new innovative flavored green tea extract products, are some of the major factors expected to increase the demand for the green tea extract in countries such as Japan, China, and India in Asia Pacific region.


Below are the active patents related to Green Tea Extract Market.


Patent Number: EP2583560A1

Green tea extract

Abstract

Disclosed is a green tea extract obtained through: step (1) for fractionating green tea leaves by vacuum steam distillation and removing a liquid distillate thus obtained; step (2) for fractionating the green tea leaves, from which the liquid distillate has been removed in step (1), by atmospheric-pressure steam distillation to obtain a liquid distillate; step (3) for extracting the green tea leave residue, which remains after the steam distillation in step (2), with water to give a liquid extract; step (4) for mixing the liquid distillate of step (2) with the liquid extract of step (3) to give a green tea extract; and step (5) for thermally treating the green tea extract of step (4) at a temperature equal to or lower than 100oC. This green tea extract, which exhibits a sweet and excellent green aroma and a gorgeous floral aroma equivalent to high-grade green tea leaves and shows little deterioration or decrease in flavor during heat sterilization, is usable as a starting material for producing packed green tea drinks.

Application filed: 2011-06-20

Application granted: 2019-05-01

Current Assignee: Ogawa and Co Ltd Suntory Holdings Ltd Suntory Beverage and Food Ltd.

Patent Number: US7232585B2

Green tea formulations and methods of preparation

Abstract

Green tea formulations and methods for the preparation thereof are shown and described. Generally speaking, the method of preparation includes the mixing of fresh tea leaves in an amount of cold water, followed by pulverization of the leaves to release their intracellular material from the cells of the green tea leaves into the water and form an aqueous extract component. The remaining cellular material forms a leaf residue component which is removed from the mixture. Once the leaf residue is removed, the aqueous extract component is collected and may be dried or further processed to produce a final tea extract that has good natural color, robust natural flavor, and pleasant organoleptic properties, which also is high in polyphenol content, and may be used for various purposes such as the creation of a green tea beverage.

Application filed : 2004-06-24

Application granted: 2007-06-19

Current Assignee: XEL Herbaceuticals Inc

Patent Number: US20140186315A1

Cosmetic composition containing green tea component

Abstract

The present invention provides a cosmetic composition containing one or more selected from a group consisting of green tea saponin and green tea polyphenol as active ingredients. The cosmetic composition of the invention is very safe to the skin and can greatly enhance biological mechanisms in the skin, and thus can serve as an anti-aging cosmetic composition.

Application filed: 2012-08-20

Application granted: 2015-07-28

Current Assignee: Amorepacific Corp

Global Green Tea Extract Market Segmentation:

Segmentation by product:

  
Tea polyphenols
  
Tea catechins
  
Epigallocatechin gallate (EGCG)
  
Caffeine

Segmentation by product:

  
Pharmaceutical
  
Food
  
Cosmetics


Key Market Players included in the report:


  
3M
  
BASF SE
  
Blue California Co.
  
Changsha Sunfull Bio-tech Co., Ltd.
  
Danone S.A.
  
DSM
  
Greenspring
  
Huisong
  
Indena S.p.A.
  
Koninklijke DSM N.V.
  
Kunda
  
Martin Bauer Group
  
Meihe
  
Taiyo Group
  
Tate & Lyle PLC
  
Wagott
  
Zhejiang Huisong Pharmacy Limited Company


Below are the key development related to Green Tea Extract Market in 2020 and 2021.


December 2020: Layn Natural Ingredients Acquires Wagott, Leading Producer of Botanical Tea Extracts. Layn Natural Ingredients advances innovation, expands botanical extracts portfolio, acquires Wagott, China’s largest exporter of green tea extract. Guilin Layn Natural Ingredient Corp, Ltd. (Layn), one of the world’s largest vertically-integrated innovators of natural botanical extract ingredients and solutions, announced it has expanded its botanical extracts portfolio through a majority acquisition of Chengdu Wagott Bio-tech Co.,Ltd. (Wagott), China’s largest exporter of green tea extract, and leading producer of tea and resveratrol extracts. Source

August 2020: Shilpa Medicare enters OTC segment with Green T Film. Shilpa Medicare Ltd, a leading manufacturer of oncology and non-oncology intermediates, APIs and formulations, has made its debut in the green tea segment by launching, what it claims to be the world’s and India’s first, ready-to-drink Green T Film. The Green T Film contains natural green tea extracts and boosts 50-60 per cent of EGCG (Epigallocatechin gallate), which contributes to higher antioxidants, weight reduction, has anti-cancer properties and is an immunity booster, among others. Source

February 2019: Kemin Industries Receives GRAS Approval for Oil-Soluble Green Tea Extract. Kemin Industries announced its oil-soluble green tea extract has been named “Generally Recognized as Safe” (GRAS) by the United States Food and Drug Administration (FDA). GT-FORT™, the Kemin brand of oil-soluble green tea extract, is available for use as an antioxidant in a variety of food and beverage products. Source