At 6.5% CAGR, Middle East & Africa Tea Extracts Market is Projected to be Worth US$ 277.18 Million by 2031, says Business Market Insights

According to Business Market Insights’ research, the Middle East & Africa tea extracts market was valued at US$ 167.32 million in 2023 and is expected to reach US$ 277.18 million by 2031, registering a CAGR of 6.5% from 2023 to 2031. Growth of cosmetic and personal care industry and rising trend of organic and clean-label products are among the critical factors attributed to drive the Middle East & Africa tea extracts market growth.

Natural ingredients such as tea extracts are significantly employed in cosmetic and personal care products owing to their beneficial properties. The antioxidant-rich qualities of tea-based skin care products help fight free radicals and environmental stressors, resulting in healthier and more radiant skin. Tea extracts are also well-known for their calming and anti-inflammatory properties, which makes them ideal for a variety of skin types—including sensitive and acne-prone skin. The antioxidant properties of tea extracts enhance skin appearance while preventing aging. Vitamin E, present in tea extracts, contributes to hydration, cell regeneration, and nourishment.

With rising popularity and demand, advanced skincare products infused with tea extracts are being introduced by manufacturers who are constantly improving their compositions. For example, in 2021, Nature's Sunshine Products launched a clean beauty line—l'amara—which uses green tea extract and soothing algae. Similarly, Ustawi debuted the Green Tea Matte Finish Moisturizer in the same year. The demand for tea extracts has also increased among cosmetic manufacturers owing to the expanding influence of social media, growing demand for natural products, and rising promotion of tea-based skincare products. Thus, the growth of the cosmetic and personal care industry is projected to open lucrative growth opportunities for the tea extracts in the personal care industry over the forecast period.

On the contrary, the disruptions in supply chain hampers the growth of Middle East & Africa tea extracts market.

Based on type, the Middle East & Africa tea extracts market is segmented into green tea, black tea, oolong tea, and others. The green tea segment held 54.2% market share in 2023, amassing US$ 90.72 million. It is projected to garner US$ 154.31 million by 2031 to register 6.9% CAGR during 2023–2031.

In terms of form, the Middle East & Africa tea extracts market is bifurcated into powder and liquid. The liquid segment held 69.1% share of Middle East & Africa tea extracts market in 2023, amassing US$ 115.59 million. It is anticipated to garner US$ 186.87 million by 2031 to expand at 6.2% CAGR during 2023–2031.

By application, the Middle East & Africa tea extracts market is segmented into food and beverages, bakery and confectionery, dairy and frozen dessert, beverages, other food and beverages, dietary supplements, personal care and cosmetics, and others. The food and beverages segment held 34.6% market share in 2023, amassing US$ 57.81 million. It is projected to garner US$ 92.89 million by 2031 to register 6.1% CAGR during 2023–2031.

By category, the Middle East & Africa tea extracts market is bifurcated into conventional and organic. The conventional segment held 78.4% market share in 2023, amassing US$ 131.21 million. It is projected to garner US$ 215.56 million by 2031 to register 6.4% CAGR during 2023–2031

By country, the Middle East & Africa tea extracts market is segmented into the UAE, South Africa, Saudi Arabia, and the Rest of MEA. Our regional analysis states that the Rest of MEA captured 56.7% share of Middle East & Africa tea extracts market in 2023. It was assessed at US$ 94.87 million in 2023 and is likely to hit US$ 149.61 million by 2031, registering a CAGR of 5.9% during 2023–2031.

Key players operating in the Middle East & Africa tea extracts market are Finlays, Botanic Healthcare Group, Martin Bauer GmbH & Co KG, Firmenich International SA, Givaudan SA, International Flavors & Fragrances Inc, Kerry Group Plc, Archer Daniels Midland Company, Sensient Technologies Corp, Kemin Industries Inc, Medikonda Nutrients, Virginia Dare Extract Co Inc, Lipoid-Kosmetik, Florida Food Products, and Dohler GmbH among others.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com