Tea Extract Market Eyes $4.70 Billion by 2031
MarketsandMarkets forecasts steady growth in the global tea extract market, driven by food and beverage demand.
Updated on Nov. 6, 2026 in Tea
MarketsandMarkets projected the global tea extract market to grow from US$3.22 billion in 2026 to US$4.70 billion by 2031. The food and beverage category accounts for 59.9% of the market's application share.
Why it matters
Tea extracts let manufacturers add tea flavours and bioactive compounds to formulations, making them a key ingredient for beverage and food producers. Growth projections point to continued expansion of this ingredient category worldwide.
The global tea extract market was valued at US$3.22 billion in 2026 and is projected to reach US$4.70 billion by 2031, a 7.9% compound annual growth rate. Green tea is expected to remain the leading source segment, while powdered extracts are forecast to grow at the same 7.9% rate.
The players
MarketsandMarkets
MarketsandMarkets is a market research firm that publishes industry forecasts across sectors including food, beverage, and specialty ingredients.
The details
Manufacturers select tea extracts based on ingredient consistency, flavour profile, solubility, and bioactive compound stability. The powdered extracts segment is forecast to expand at a CAGR of 7.9% between 2026 and 2031, alongside green tea's expected lead among source types.
Timeline
2026: Global tea extract market valued at US$3.22 billion.
2026 to 2031: Projected growth period at a 7.9% CAGR.
2031: Market projected to reach US$4.70 billion.
Market Landscape
Tea extracts sit within a broader ingredient market where manufacturers seek botanical flavour and bioactive inputs for functional foods and beverages. ASEAN's established tea cultivation base positions the region as a notable source area within this expanding supply chain.
Growth in tea extract use could mean more tea-flavoured foods and beverages on store shelves over the coming years. Shoppers may notice tea-based ingredients appearing in a wider range of packaged products.
The takeaway
Tea extracts are becoming a more common ingredient in food and drink formulations as the market expands. Watching which product categories adopt them can reveal where tea flavour is heading next.
Further reading
Explore more on Tea to see how tea products and ingredients are shaping the global market.
Source note: This article includes information reported by Asia Pacific Food Industry.
