Mycotoxin Testing Market Accelerates Toward $2.3B Mark by 2029

 The Mycotoxin Testing Market is estimated at USD 1.6 billion in 2024 and is projected to reach USD 2.3 billion by 2029, at a CAGR of 6.7% from 2024 to 2029 according to a report published by MarketsandMarkets™. The expansion of the agricultural sector, coupled with growing international trade in food and agricultural products, has increased the need for mycotoxin testing to comply with export regulations and maintain market access.  The increasing awareness of food safety among consumers and regulatory bodies worldwide has prompted stringent regulations governing mycotoxin levels in food and feed products. Compliance with these regulations necessitates comprehensive testing protocols, thereby driving market demand.

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By technology, chromatography- & spectroscopy-based technology is growing at the highest rate in the mycotoxin testing market.

Chromatography and spectroscopy-based technologies are pivotal in mycotoxin testing due to their multifaceted advantages. These techniques offer unparalleled sensitivity and selectivity, enabling precise detection of mycotoxins even at minute concentrations within complex food and feed matrices. Their ability to simultaneously analyze multiple mycotoxins in a single sample ensures comprehensive risk assessment and regulatory compliance. Furthermore, these methods facilitate quantitative analysis, providing accurate measurements crucial for ensuring product safety. The rapid analysis capabilities of chromatography and spectroscopy, coupled with automation and integration with sample preparation processes, streamline testing workflows and enhance laboratory efficiency.

In the type segment, Ochratoxin constitutes a significant share in the mycotoxin testing market.

Ochratoxin plays a pivotal role in propelling the mycotoxin testing industry due to several influential factors. Primarily, ochratoxin poses substantial health risks to both humans and animals, being identified as a potent nephrotoxin and carcinogen. This heightened awareness of ochratoxin’s adverse health effects underscores the necessity for thorough testing to ensure its absence or minimal presence in food and feed products. Moreover, ochratoxin contamination is prevalent in a wide array of agricultural commodities, ranging from cereals to coffee, wine, and dried fruits, necessitating regular testing to mitigate risks. Stricter regulatory standards, established globally to protect public health, further drive the demand for ochratoxin testing, as compliance is essential for market access and trade.

The European region constitutes the largest share of mycotoxin testing market in terms of value.

Europe boasts stringent regulatory standards and regulations regarding food safety, necessitating rigorous testing for mycotoxin contamination to ensure compliance. The European Union, in particular, has established maximum limits for various mycotoxins in food and feed products, compelling manufacturers and producers to adhere to strict testing protocols. Additionally, Europe has a robust food and agriculture industry, with a diverse range of products exported globally. This necessitates comprehensive testing to meet international standards and ensure the quality and safety of European food exports. The presence of key market players, research institutions, and regulatory bodies further strengthens Europe’s position as a leader in mycotoxin testing.

Top Mycotoxin Testing Companies

• SGS Société Générale de Surveillance SA (Switzerland)
• Bureau Veritas (France)
• Intertek Group plc (UK)
• dsm-firmenich (Netherlands)
• Eurofins Scientific (Luxembourg)
• ALS (Australia)
• Neogen Corporation (US)
• AsureQuality (New Zealand)
• Symbio Labs (Australia)
• Microbac Laboratories, Inc. (US)
• INSTITUT MERIEUX (France)

 

From Baking to Brewing: Global Yeast Market to Surpass $8.5B

 Global Yeast Market Overview

The yeast market encompasses a variety of yeast products used in various industries, including food and beverage, pharmaceuticals, and biofuels. Yeast is a single-celled fungus that plays a crucial role in fermentation processes, converting sugars into alcohol and carbon dioxide. yeast serves as a crucial additive in various food applications, including processed foods, bakery items, and alcoholic drinks. It is also utilized in pharmaceutical and biofuel industries, with a focus on developing bioethanol products to meet the rising demand for cleaner fuels. Technological advancements enabling efficient utilization of raw materials for yeast production have allowed leading companies to diversify their revenue streams.

The global yeast market size is on a trajectory of significant expansion, projected to reach USD 8.5 billion by 2029 from the 2024 valuation of USD 5.5 billion, displaying a promising CAGR of 8.9%.

What specific factors in emerging economies contribute to the surge in demand for yeast in the bakery industry?

Driven by factors like urbanization and evolving consumer preferences, the bakery industry has witnessed significant global growth, particularly in emerging economies. This expansion has fueled a surge in demand for yeast, a crucial ingredient for bread-making. Yeast acts as the leavening agent, responsible for the fermentation process that gives bread its characteristic texture. In emerging economies, the rising preference for convenient and affordable food options, including packaged bread and pastries, has further boosted the demand for yeast.

The bakery industry’s growth serves as a key driver for the yeast market. Data from Agriculture Canada demonstrates this connection – bread sales in the US rose from USD 23,541 million in 2018 to USD 30,018 million in 2022. This substantial increase reflects changing consumer preferences and dietary habits, particularly in the US market. As bread remains a staple food for many, the demand for yeast, its key leavening agent, correspondingly surges. The rise in bread sales directly translates to an increased need for yeast. Yeast plays a vital role in bread fermentation, contributing to both the texture and flavor of the final product.

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Consequently, yeast producers are well-positioned to capitalize on this trend by expanding production capacities. This allows them to meet the growing demand from bakeries striving to keep pace with evolving consumer preferences. With bread sales on the rise, the yeast market is set to benefit further from the bakery industry’s expansion, both in the US and globally, as consumers continue to embrace convenient and satisfying baked goods.

The Rise of Probiotic Yeast in the Global Industry

The exceptionally promising prospects for probiotic yeast entail a steady uptick in demand anticipated across multiple industries. This heightened interest stems from the increasing recognition of gut health’s pivotal role in overall wellness, prompting consumers to actively seek probiotic products, including those featuring yeast strains. Probiotic yeast’s adaptability in both food and feed sectors further enhances its appeal, supported by its proven effectiveness across a diverse array of products, spanning from fermented foods to animal nutrition supplements. Additionally, the emergence of personalized nutrition and therapeutics has sparked significant interest in customized probiotic solutions, wherein probiotic yeast strains are positioned to deliver targeted health benefits. Further, advancements in assessment methodologies and technologies have facilitated the streamlined identification and characterization of probiotic yeast strains with enhanced attributes, consequently contributing to heightened market demand. As ongoing research continues to unveil additional health benefits and mechanisms of action, probiotic yeast stands poised to broaden its impact on human and animal health, thereby solidifying its status as a valuable asset within the realm of functional foods and supplements.

Asia Pacific Leads Global Yeast Industry Growth

The Asia Pacific yeast market is experiencing a boom, driven by urbanization and a hunger for convenient, processed foods. China’s Angel Yeast is a major player, renowned for its vast product range and dedication to R&D. Their focus on innovation and sustainability keeps them ahead of the curve.

But Angel Yeast isn’t alone. Lesaffre, Lallemand, and AB Mauri are all key contributors, expanding their offerings to meet the needs of food & beverage, pharmaceuticals, and animal feed industries. Strategic investments and partnerships solidify their presence, capitalizing on the demand for yeast-based solutions. Additionally, numerous regional and local players add variety to the market.

The Asia Pacific yeast industry is brimming with opportunity. Major players like Angel Yeast are leading the charge towards a dynamic and thriving future.

How will the presence of major players like AngelYeast Co., Ltd. (China) and Lallemand Inc. (Canada) impact competition and innovation in the yeast industry?

Angel Yeast, a prominent player in yeast fermentation and biotechnology solutions, has made significant strides since its establishment in 1986. It has become a cornerstone in the food & beverage, nutritional, and biotechnology sectors. Its listing on the Shanghai Stock Exchange in 2000 marked a pivotal moment, showcasing its dedication to harnessing yeast biotechnology for human health and environmental sustainability.

Employing over 12,000 individuals worldwide, Angel Yeast operates 16 modern production facilities across 13 cities, catering to customers in more than 100 countries and regions. Its extensive business portfolio encompasses nine core units, including baking, food taste, nutrition & health, and diverse biotechnologies.

Lallemand Inc. (Canada)

Headquartered in Canada, Lallemand Inc specializes in the development, production, and promotion of microorganisms such as yeasts, bacteria, and fungi, along with their derivatives. Offering a broad range of microbiological solutions, Lallemand serves diverse industries such as human and animal health, nutrition, baking, winemaking, brewing, food ingredients, probiotics, and biofuels. The company’s yeast products are available across segments, including animal nutrition, brewing, and baking.

 

The Push for Clean Labels Fuels Food Colors Market Growth

 The Food Colors Market is a rapidly evolving sector driven by increasing consumer demand for visually appealing food products, health-conscious choices, and clean-label trends. Here’s a brief overview:

Market Size & Growth

The global food colors market is experiencing steady growth, projected to continue expanding due to rising demand in the food and beverage industry. This growth is driven by a variety of factors, including increased consumption of processed foods, beverages, and confectioneries, especially in developing regions. The food colors market size is projected to reach USD 6.0 billion by 2028, growing from USD 4.6 billion by 2023 growing at a CAGR of 5.4% from 2023 to 2028.

The growth in the processed and packaged food & beverage markets directly impacts the growth of the food colors market. The processing of food products involves various practices, including thermal and non-thermal processes. These processes alter the characteristics of the original color of food products due to various process parameters, such as temperature, moisture, and pH. Due to these factors, the demand for food colors in processed food products is increasing to impart natural aesthetics.

Types of Food Colors

• Natural Colors: Extracted from plants, fruits, vegetables, and other natural sources (e.g., turmeric, beetroot, spirulina). Natural food colors are increasingly popular due to health concerns over synthetic additives and consumer preference for clean labels.
• Synthetic Colors: Artificially manufactured and more stable compared to natural colors. While still widely used due to their cost-effectiveness and vibrancy, synthetic colors face growing scrutiny due to health concerns and regulatory restrictions.

Food Colors Market Growth Drivers

• Health-Conscious Consumers: The global shift towards healthier eating has prompted a rise in demand for natural food colors, which are perceived as safer and free from harmful chemicals.
• Clean Label Movement: Consumers are increasingly seeking products with simple, recognizable ingredients, pushing manufacturers to replace artificial colors with natural alternatives.
• Technological Advancements: Innovations in color extraction and stabilization techniques have improved the quality and shelf-life of natural colors, making them more competitive with synthetic options.
• Food & Beverage Industry Growth: The rising popularity of processed foods, snacks, beverages, and confectioneries fuels the need for food colorants to enhance product appeal and branding.

Revolutionizing Food Colors: How New Extraction Methods Are Transforming the Market?

Innovations in color extraction methods and the introduction of new raw materials are transforming the food color market. For example, sources like purple sweet potato and red cabbage provide vibrant, stable colors along with antioxidant benefits. Additionally, crocin, a naturally occurring yellow pigment from saffron, is gaining attention for its potential health advantages. Advancements in technology, including enzyme-assisted and ultrasound-assisted extraction methods, have significantly improved the efficiency and yield of these processes while reducing processing times and enhancing color stability. These innovations cater to consumer demands for natural, sustainable, and functional ingredients, facilitating the food color industry’s shift towards cleaner labels and environmentally friendly production practices.

Plants & Animals Are Taking the Lead in Food Colors Market Share

The food colors market is primarily driven by plant and animal sources, which are projected to experience the fastest growth in response to rising consumer demand for natural and clean-label products. As health-conscious consumers seek alternatives to synthetic dyes, food manufacturers are turning to natural substitutes. Colors derived from animals, such as carmine, and those sourced from fruits, vegetables, and spices are gaining popularity for their vibrant hues and environmentally friendly profiles. These natural alternatives are viewed as safer and more sustainable, contributing to market expansion and outpacing the growth of mineral, chemical, and microorganism-based colors.

APAC Food Colors Industry

The Asia Pacific region encompasses countries such as China, India, Japan, Australia, New Zealand, South Korea, and others in the area. With a developing economy and rising disposable incomes, consumers are increasingly investing in ready-to-eat food and beverage options. The presence of numerous major players in the region is a significant driver of both regional and global market growth. Bakery goods processors and manufacturers are prioritizing the development of innovative products tailored to the specific needs of their target customers. Consequently, the rapidly expanding processed foods sector and increased spending on food products are expected to significantly boost demand for high-quality food colors in the region.

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Top Food Colors Companies

• ADM (US)
• International Flavors and Fragrances Inc. (US)
• Sensient Technologies Corporation (US)
• DSM (Netherlands)
• Naturex (France)
• DDW (US)
• Dohler Group (Germany)
• Fiorio Colori (Italy)
• LycoRed (Israel)
• Kalsec Inc. (US)

 

 

Potato Protein Market Booms as Veganism and Flexitarian Diets Rise

 The global potato protein market is witnessing significant growth, with the market size valued at USD 105 million in 2022. Forecasts indicate the market will reach USD 144 million by 2028, growing at a CAGR of 5.4% from 2022 to 2028. As a high-quality plant-based protein, potato protein offers various benefits, driving its adoption across food, beverage, and animal feed sectors.

What is Potato Protein and Why is It in Demand?

Potato protein is derived from potatoes and provides a complete amino acid profile, making it a valuable ingredient for nutrition-conscious consumers. It is naturally cholesterol-free and low in fat, aligning with the increasing demand for plant-based diets. The ingredient also boasts gelation, emulsification, and binding properties comparable to egg whites, making it ideal for bakery and confectionery products. Additionally, potato protein’s ability to enhance texture and mouthfeel makes it a key component in new product development for plant-based foods.
In animal nutrition, potato protein has found applications in anaerobic digestion for livestock, further broadening its utility.

Potato Protein Market Drivers: Shift Toward Veganism and Health Consciousness

One of the primary growth drivers is the rising preference for plant-based diets globally. According to Redefine Meat Ltd., by September 2021, there were approximately 79 million vegans worldwide, with 2% of the U.S.

population identifying as vegan. This shift is driven by health concerns, environmental awareness, and increasing awareness about food safety. Countries like the UK, Australia, Israel, and India have shown particularly strong adoption of vegan lifestyles.

In India, for example, 31% of the population follows a vegan diet due to cultural and religious factors. Additionally, three out of four Indians are lactose intolerant, driving the demand for dairy and meat alternatives like potato protein. Globally, the flexitarian diet—a preference for plant-based foods with occasional animal products—is also gaining traction. This trend further accelerates the demand for vegetable proteins.

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Opportunities: Technological Advances in Potato Protein Extraction

Advancements in extraction technologies are unlocking new opportunities for the potato protein industry. Traditional methods, such as ion exchange and expanded bed adsorption, are being complemented by innovative processes like spray drying, which transforms potato protein into a convenient powdered form.
Emerging methods, such as salting out with ammonium sulfate and acid precipitation, are improving protein concentration and solubility. Additionally, researchers are exploring natural adsorbents, like clay minerals, to remove unwanted compounds, making the protein purer and safer. These innovations are enhancing the versatility of potato protein across food, beverage, and feed industries.

Regional Insights: Asia Pacific Poised for Growth

The APAC potato protein market is driven by the growing vegan population. However, soy protein currently dominates plant-based food applications, limiting the uptake of potato protein. Despite these challenges, the region offers substantial opportunities due to increased investment and productivity in agriculture and technology, as reported by the International Monetary Fund.

Economic factors, such as inflation and rising interest rates, may impact market growth. However, as consumers continue to seek meat and dairy alternatives, potato protein's adoption in food and beverages is expected to rise.

Dairy Alternatives: A Significant Market Segment

The dairy alternatives hold a significant potato protein market share. With consumers becoming more conscious about health and the environmental impact of traditional dairy, alternatives like potato milk, vegan yogurt, plant-based ice creams, and vegan cheese are growing in popularity.

According to the Plant Based Foods Association, sales of vegan cheese increased by 7% in 2021, and potato protein plays a crucial role in these formulations. As dairy-free products continue to evolve, potato protein’s role in improving texture, binding properties, and nutritional value will further drive demand.

The global potato protein market growth is fueled by increasing veganism, technological advancements, and the rising demand for dairy and meat alternatives. With innovations in protein extraction and growing consumer awareness, potato protein is set to become a staple ingredient in food, beverage, and feed applications.

As plant-based diets continue to trend upward, the market for potato protein offers lucrative opportunities. However, companies need to address challenges related to supply, awareness, and economic uncertainty to unlock the market’s full potential. The future of potato protein is promising, and it stands to play a pivotal role in the evolving landscape of sustainable and health-focused nutrition.

Essential Insights from the Potato Protein Market Report

• What is Driving the Growth of the Global Potato Protein Market?
• How Does Potato Protein Compare to Other Plant-Based Proteins?
• Why is Veganism Boosting Demand for Potato Protein?
• What Role Does Potato Protein Play in New Product Development?
• How Do Technological Advancements Impact the Potato Protein Industry?
• Which Extraction Techniques Are Shaping the Future of Potato Protein?

Potato Protein Leaders: Key Companies to Watch

• Avebe (Netherlands)
• Tereos (France)
• Kerry Group PLC (Ireland)
• Sudzucker AG (US)
• Roquette Freres (France)
• Emsland Group (Germany)
• KMC Ingredients (Denmark)
• Pepees Group (Poland)
• AKV Langholt (Denmark)
• PPZ Niechlow (Poland)

 

From Data to Harvest: The Role of AI & Automation in Modern Farming

 The global digital farming market is experiencing significant growth, with an estimated value forecasted to reach USD 39.8 billion by 2029 from its 2024 valuation of USD 24.2 billion, exhibiting an optimistic Compound Annual Growth Rate (CAGR) of 10.4%. Continuous innovations in precision farming techniques such as GPS/GNSS technology, sensors, and increased use of mobile internet services are enabling improved overall farm management. Advancements in digital farming technology are aiding farmers in enhancing the productivity and sustainability of their land and agricultural practices, further contributing to the market's expansion.

Opportunity: Growing Use of Agricultural Software via Smartphones

The adoption of digital farming is accelerating due to the increasing ease of software and device integration in day-to-day farming operations. Unmanned aerial vehicles (UAVs) or drones capture highly accurate aerial images, providing precise data to farmers via their smartphones or digital devices. Recognizing this growing trend, agriculture technology developers are focusing on launching multiple user-friendly mobile farming applications that enable remote farm monitoring.

The U.S. Leads in Digital Farming Growth

The United States is poised to maintain its dominant position in the North American digital farming market throughout the forecast period. As a frontrunner in technological innovation and agricultural advancements, the U.S. plays a pivotal role in steering the growth of the digital agriculture sector. The nation's robust infrastructure, substantial investments in research and development, and widespread adoption of modern farming technologies contribute to its continued prominence in the market.

According to the USDA Report of February 2023, the substantial adoption of digital agriculture technologies—including yield maps, soil maps, variable rate technologies (VRT), and automated guidance systems—is particularly notable in corn and soybean acreage. However, adoption rates for winter wheat, cotton, sorghum, and rice remain between 5% and 25% of total planted acreage. On the other hand, automated guidance systems have seen a sharp increase in usage over the past 20 years, now applied to well over 50% of the acreage planted to major crops such as corn, cotton, rice, sorghum, soybeans, and winter wheat.

Key Market Segments Driving Growth

Hardware Leads in Market Share

The hardware segment accounted for the highest market share during the study period. Hardware plays a critical role in crop monitoring, sensing, surveying, and field intelligence systems. This segment consists of automation & control systems and sensing & monitoring devices:

• Automation & control systems: Enable improved crop protection, field surveying, real-time monitoring, precision irrigation, harvesting, and pesticide application using robotic systems and field sensors.
• Sensing & monitoring devices: Gather crucial data on crops and fields, enabling in-depth analysis and decision-making.

With farmers increasingly relying on data-driven insights to boost productivity, the adoption of hardware solutions is expected to surge, further fueling the market’s expansion.

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Advisory Services Expected to Grow at the Highest CAGR

The advisory services segment is poised for remarkable growth, with the highest projected CAGR during the forecast period. With the integration of AI-powered chatbots, virtual assistants, and advanced data analytics, advisory services are revolutionizing the way farmers manage their operations. These services help farmers make critical decisions in real-time, such as determining the optimal time to harvest crops or respond to changing weather conditions.

Automation & Control Systems: The Future of Farming

The automation & control systems segment is anticipated to witness substantial growth, driven by continuous technological advancements. As precision farming takes center stage, the integration of automation and control systems will:

• Optimize resource utilization
• Improve farming efficiency
• Elevate agricultural productivity

This surge in adoption highlights the transformative impact of digital technologies on traditional farming, ushering in an era of smart, data-driven agriculture that promises sustainability and enhanced productivity.

The Backbone of Data-Driven Farming: Precision Agriculture Connectivity Infrastructure

The digital farming sector requires robust Precision Agriculture Connectivity Infrastructure, which includes:

• Secure hyperscale cloud connectivity
• Farm-centric computing platforms
• Private 5G wireless systems
• Public wireless field coverage
• Terrestrial and non-terrestrial networks

The digital farming industry is at a pivotal juncture, with technological innovations paving the way for unprecedented growth and transformation. With hardware advancements, AI-driven advisory services, and automation & control systems leading the charge, the sector is well-positioned to redefine modern agriculture. As more farmers embrace data-driven decision-making and smart farming techniques, the future of digital agriculture looks promising, ensuring enhanced efficiency, productivity, and sustainability on a global scale.

 

 

Rising Food Security Concerns Boost Demand in the Global Agriculture Silos & Storage Systems Market

 According to a new research report titled "Agriculture Silos & Storage Systems Market by Silo Type (Flat Bottom, Hopper, Grain Bin, Square), Construction Material (Steel, Concrete), End-use Application (Food Storage, Farm Product, Processing & Industrial Use), and Region - Global Forecast to 2030" by MarketsandMarkets, the global agriculture silos & storage systems market is projected to reach USD 6.53 billion by 2030, registering a steady CAGR of 5.1%.

Rising Importance of Food Security and Loss Reduction

The report highlights the increasing global emphasis on reducing food loss and waste (FLW), improving post-harvest infrastructure, and enhancing food security. According to the National Academy for Agricultural Sciences, India, urgent advancements in storage solutions, such as metal silos and integrated cold chain systems, are critical to reducing losses and improving grain quality for consumers.

Flat Bottom Silos Lead by Silo Type

Among various silo types, flat bottom silos hold a dominant market share due to their suitability for long-term grain storage. These silos are widely used for storing grains, oilseeds, and other granulated materials and are available in capacities ranging from 250 to 20,000 tons. Compared to conical silos, flat bottom silos are more cost-effective and are preferred for their durability and grain protection capabilities.

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Metal/Steel Silos Dominate by Construction Material

Metal and steel—especially galvanized steel—emerge as the most commonly used materials in silo construction, offering strength, long-term durability, and environmental resistance. Steel silos are easy to transport and assemble, making them ideal for large-scale agricultural operations in high-yield regions such as the U.S., Canada, Ukraine, and Brazil. These regions use steel silos extensively to store crops like corn, wheat, soybeans, and barley.

Asia Pacific: The Fastest-Growing Region

Asia Pacific is forecasted to be the fastest-growing region in the agriculture silos and storage systems market. With a booming population, urbanization, and increasing grain production, countries like China, India, and Australia are witnessing growing demand for modern storage systems. In 2023, the region's grain output reached 1.2 billion metric tons, but significant post-harvest losses—up to 30% in India—continue to challenge food supply stability. The adoption of modern silos, particularly steel flat bottom and hopper silos, is expected to be key to minimizing losses and supporting food security for the region’s expanding population.

Leading Market Players

The report profiles several major agriculture silos & storage systems companies in the industry, including:

• SUKUP MANUFACTURING CO. (US)
• AGI (Canada)
• MySilo (Turkey)
• Prado Silos (Spain)
• SYMAGA (Spain)
• TSC Silos (Netherlands)
• Bentall Rowlands (UK)
• American Industries Partners (US)
• SRON Silo Engineering Co. (China)
• M.I.P Group (Belgium)

These companies are investing in advanced storage solutions to meet growing demand across global markets, with a focus on efficiency, capacity, and sustainability.

 

Functional Beverages and Skincare Drive Growth in Global Tea Extract Market

 According to a new report by MarketsandMarkets titled "Tea Extract Market by Source (Green Tea, Black Tea, Oolong Tea and Other Tea Sources), Application (Food & Beverage, Pharmaceuticals & Dietary Supplements, Cosmetics & Personal Care), Form, Category, Technology, and Region - Global Forecast 2030," the global tea extract market is projected to grow from USD 2.99 billion in 2025 to USD 4.36 billion by 2030, expanding at a CAGR of 7.8% during the forecast period.

Health Consciousness Driving Market Growth

The surge in demand for tea extracts is largely fueled by growing consumer awareness about the health-promoting properties of tea. Rich in antioxidants and bioactive compounds, tea extracts are known to support metabolism, improve skin health, and promote weight management. These benefits have made tea extracts highly desirable across various industries, including food & beverage, nutraceuticals, and personal care.

The growing preference for clean-label and natural ingredients further amplifies the demand for tea extracts, especially in functional foods, beverages, and cosmetics. Green tea extracts, in particular, are gaining rapid traction due to their high polyphenol content and proven efficacy in weight control and skincare applications.

Powdered Form Leads the Market

Among the different forms of tea extracts, powdered tea extracts hold the largest market share. Their versatility, solubility, and stability make them ideal for use in a wide range of products—from beverages and supplements to cosmetics. The powdered form's high concentration of active compounds allows manufacturers to deliver potent health benefits with precise dosing, further driving its adoption.

Green Tea Extracts Dominate by Source

In the source segment, green tea extracts continue to dominate due to their rich content of polyphenols and catechins. These compounds offer antioxidant, anti-inflammatory, and metabolic health benefits, making green tea extract a popular choice for use in functional beverages, dietary supplements, and skincare products. The increasing consumer demand for plant-based, clean-label health solutions reinforces this segment’s leading position.

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Asia-Pacific Leads; Europe Poised for Rapid Growth

The Asia-Pacific region, with its long-standing tea culture and strong production base in countries like China and India, is projected to dominate the global tea extract market. However, Europe is expected to register the highest CAGR during the forecast period. Rising demand for organic, natural, and plant-based ingredients in European countries—especially Germany, France, and the UK—is fostering adoption of tea extracts in wellness-centric products. The region’s commitment to sustainable living and clean-label formulations makes it a fertile ground for market growth.

Key Players and Strategic Developments

The tea extract market features several prominent players focused on innovation, quality enhancement, and global expansion. Leading tea extract companies profiled in the report include:

• ADM (US)
• Kemin Industries, Inc. (US)
• Givaudan (Switzerland)
• Synthite Industries Ltd (India)
• International Flavors & Fragrances Inc. (US)
• The Nature Network (UK)
• Finlays (UK)
• Taiyo International (Japan)
• Plant Lipids Private Limited (India)
• Indena S.p.A. (Italy)

These companies are actively investing in R&D and product development to tap into the growing consumer demand for high-quality, natural tea extract products.