Product Code: ETC108823 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Tea Extracts market currently, in 2023, has witnessed an HHI of 2576, Which has increased slightly as compared to the HHI of 1742 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India tea extracts market is projected to reach a value of USD 1.48 billion by 2025, registering a CAGR of 7.6% during the forecast period (2023-2029). The growth can be attributed to the increasing awareness about nutritional benefits offered by tea extracts, rising demand for functional foods and beverages, and growing usage in various applications such as cosmetics and pharmaceuticals
Increasing demand for functional food & beverages owing to their beneficial properties and growing inclination towards healthy lifestyle are some key drivers augmenting the growth rate of India Tea Extracts Market. Additionally, rapid advancement in technology coupled with changing consumer preferences have resulted into improved production processes which help manufacturers offering better quality products at competitive prices thereby fuelling its expansion even further. Furthermore, increase in promotional activities by major brands focused on educating involved stakeholders regarding advantages linked with usage & consumption patterns has also supplemented its demand across multiple regions including North East states , western region etc. Besides this , launch campaigns targeted at millennials who form an essential part off target group helping companies expand their portfolio thus leveraging maximum potentiality out if it.
High Pricing Of Raw Material Used In Production Of Tea Extracts : Raw materials used in production of premium quality teas are available at high prices due to limited availability especially from remote locations resulting into higher cost price thereby making it difficult for manufacturers to offer competitive pricing structure when compared to other readily available alternatives being sold currently in markets across India.This challenge acts as a hindrance towards achieving the desired level of returns on investment hampering consequently the growth rate for this industry over the forecast period.
Some key players operating within this market include Hindustan Unilever Ltd.,Tata Global Beverages Limited ,Mountain Valley Springs Ltd.,Harcros Chemicals Inc.,Ingredion Incorporated ,Ajinomoto Co.,Inc.,Kemin Industries Incorporated.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Tea extracts Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Tea extracts Market Revenues & Volume, 2020 & 2027F |
3.3 India Tea extracts Market - Industry Life Cycle |
3.4 India Tea extracts Market - Porter's Five Forces |
3.5 India Tea extracts Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 India Tea extracts Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.7 India Tea extracts Market Revenues & Volume Share, By Category, 2020 & 2027F |
3.8 India Tea extracts Market Revenues & Volume Share, By Form, 2020 & 2027F |
3.9 India Tea extracts Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 India Tea extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Tea extracts Market Trends |
6 India Tea extracts Market, By Types |
6.1 India Tea extracts Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Tea extracts Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 India Tea extracts Market Revenues & Volume, By Green tea, 2018 - 2027F |
6.1.4 India Tea extracts Market Revenues & Volume, By Black tea, 2018 - 2027F |
6.1.5 India Tea extracts Market Revenues & Volume, By Oolong tea, 2018 - 2027F |
6.1.6 India Tea extracts Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 India Tea extracts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Tea extracts Market Revenues & Volume, By Food, 2018 - 2027F |
6.2.3 India Tea extracts Market Revenues & Volume, By Beverages, 2018 - 2027F |
6.2.4 India Tea extracts Market Revenues & Volume, By Pharmaceuticals, 2018 - 2027F |
6.2.5 India Tea extracts Market Revenues & Volume, By Cosmetics, 2018 - 2027F |
6.3 India Tea extracts Market, By Category |
6.3.1 Overview and Analysis |
6.3.2 India Tea extracts Market Revenues & Volume, By Organic, 2018 - 2027F |
6.3.3 India Tea extracts Market Revenues & Volume, By Conventional, 2018 - 2027F |
6.4 India Tea extracts Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 India Tea extracts Market Revenues & Volume, By Liquid, 2018 - 2027F |
6.4.3 India Tea extracts Market Revenues & Volume, By Powder, 2018 - 2027F |
6.5 India Tea extracts Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 India Tea extracts Market Revenues & Volume, By Store Based, 2018 - 2027F |
6.5.3 India Tea extracts Market Revenues & Volume, By Non-Store Based, 2018 - 2027F |
7 India Tea extracts Market Import-Export Trade Statistics |
7.1 India Tea extracts Market Export to Major Countries |
7.2 India Tea extracts Market Imports from Major Countries |
8 India Tea extracts Market Key Performance Indicators |
9 India Tea extracts Market - Opportunity Assessment |
9.1 India Tea extracts Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 India Tea extracts Market Opportunity Assessment, By Application, 2020 & 2027F |
9.3 India Tea extracts Market Opportunity Assessment, By Category, 2020 & 2027F |
9.4 India Tea extracts Market Opportunity Assessment, By Form, 2020 & 2027F |
9.5 India Tea extracts Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
10 India Tea extracts Market - Competitive Landscape |
10.1 India Tea extracts Market Revenue Share, By Companies, 2020 |
10.2 India Tea extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |