Tea extract is extracted from tea after extracting and filtering, etc.
Finlays is the largest player with the percentage of 27% market share. The following is Taiyo Green Power, accounting for 4% market share.

Market Analysis and Insights: Global and United States Tea Extract Market
This report focuses on global and United States Tea Extract market.
In 2020, the global Tea Extract market size was US$ 10550 million and it is expected to reach US$ 14370 million by the end of 2027, with a CAGR of 4.5% during 2021-2027. In United States the Tea Extract market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Tea Extract Scope and Market Size
Tea Extract market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Tea Extract market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Tea Extract market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Functional Component Extract
Instant Tea Powder
Concentrated Tea Liquid
Instant tea powder and concentrated tea liquide, these two categories occupy about 80% of the market share.

Segment by Application
Beverages
Cosmetics
Functional Foods
Tea extract is the most widely used in drinks, accounting for about 90% of the market share.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Finlays
Hunan Sunfull Bio-tech
Taiyo Green Power
Tearevo
Shenzhen Shenbao Huacheng Tech
Fujian Xianyangyang Biological Technology
AVT Natural Products
Archer Daniels Midland
Dehe
Jiangxi Rich Source Biotechnology
Liming Biotech
Hainan Qunli
Kemin
Sichuan Yujia Tea
Martin Bauer Group
Tata Global Beverages