According to the World Health Organization, diabetes has been the seventh leading cause of death across the globe in the year 2016. Therefore white tea extract can be used as it contains flavonoids which helps decrease the cardiovascular disease and it also has anti-diabetic properties because of which it can reduce the side-effects of diabetes and might also be beneficial for the prediabetes consumers. The white tea extract has anticancer as well as anti-mutagenic property. There are enormous such benefits of consuming white tea on the regular basis which creates an attractive market for the white tea extract manufacturers as the consumers are becoming aware of the health hazards and so are opting for healthy products which can provide a solution for various health issues.
The major restraint is that there are only a few major producers of white tea extract like China, India and some other places like Nepal, Thailand, Taiwan, etc. and so other countries have to export white tea extract which might not be economically feasible. The other reason that can curb the white tea extract market is the less awareness about the white tea product and the various benefits that are obtained using it.
Global White Tea Extract Market: Key Participants
Some of the global key market players are Zhejiang Tea Group Co. Ltd., Shaanxi Iknow Biotechnology Co. Ltd., Vicony Teas Company, Changsha Botaniex Inc., Carrubba INC, Wollenhaupt, Lanzhou Waltlets Biotech co. Ltd, Arihant Tea Company, Solanki Tea Co. Private Limited, etc. among others.
Global White Tea Extract Market: Key Developments
The consumer demand for flavors and texture is increasing because of which the key market players are focusing on product innovation so as to provide the consumers with a large variety of white tea which might help expand the market for white tea extract.
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Opportunities for White Tea Extract Market Participants:
Camellia sinensis is cultivated in sub-tropical and tropical regions and is produced largely in some Asian countries like China, India, Sri Lanka, etc. The research on the growth parameters and use of biotechnology can help increase the production of Camellia sinensis all across the globe which can further help expand the market for white tea extract market. Educational marketing also might help increase awareness about the benefits of white tea among the consumers which might further help in expanding the market for white tea extract.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
- CIS and Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Japan
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
White Tea Extract can be segmented on the basis of application as:
- Food and beverage industry
- Health and hygiene products
- Cosmetics
- Biological pesticides
- Animal feed
White Tea Extract can be segmented on the basis of variety as:
- Darjeeling
- White Peony
- Monkey Picked
- Silver Needle
White Tea Extract can be segmented on the basis of flavor as:
- Honey
- Fruity
- Grassy
- Vanilla
- Others (e.g., chocolate, peach, apricot, etc.)
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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