The tea extracts market is projected to grow from US$ 3.58 billion in 2023 to US$ 5.88 billion by 2031, driven by increasing consumer demand for natural ingredients and health-focused products. Key applications include food & beverages, dietary supplements, and personal care, with significant growth opportunities in the cosmetic industry, particularly in Asia. Major players include Finlays, Botanic Healthcare, and Firmenich International, focusing on innovative and affordable products to meet market needs.
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