Top Tea Extract Companies

The tea extract market is estimated at USD 2.99 billion in 2025 and is projected to reach USD 4.36 billion by 2030, at a CAGR of 7.8% from 2025 to 2030, driven by transformative innovations and increasing demand across various industries. The tea extract market is benefiting from the growing consumption of health-oriented products, as tea extracts are increasingly used in beverages, dietary supplements, cosmetics, and pharmaceuticals for their antioxidant and health-boosting properties.

The rising consumer awareness of the benefits of natural ingredients, such as those derived from green tea and black tea, is fueling demand globally. In Europe, health-conscious consumers are contributing to the surge in demand for tea extracts in supplements and functional foods. As a result, companies are innovating and expanding their product lines to include extracts with higher potency, better solubility, and enhanced taste profiles.

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Some of the major players in the tea extract market with significant global presence ADM (US), Kemin Industries, Inc. (US), Givaudan (Switzerland), Synthite Industries Ltd (India), and International Flavors & Fragrances Inc. (US). These players have implemented various organic and inorganic growth strategies, including collaborations, mergers, acquisitions, product launches, partnerships, and geographical expansions to strengthen their market presence and capture a larger share in the tea extract market. These strategies have allowed these companies to expand their footprint across regions and enhance their tea extract offerings.

In October 2024, PLT Health Solutions announced the addition of Cellflo6, a patented green tea extract, to its portfolio. The green tea extract is formulated to support energy, sports performance, and overall wellness. Cellflo6 is featured in various pre-workout, recovery, and energy formulations, including products used by U.S. military personnel and the new energy beverage 7-Select Fusion Energy, available at 7-Eleven, Speedway, and Stripes outlets. This innovative extract provides benefits such as improved endurance, faster recovery, and enhanced blood flow, making it a unique addition to sports and wellness formulations.

In August 2024, Firmenich signed an agreement to market Finlay's tea and coffee extracts portfolio across Europe. This partnership is set to expand the availability of high-quality extracts in the region, leveraging the combined expertise of both companies in natural ingredients and extracts.

Archer-Daniels-Midland Company (US) is a global leader in the production, processing, transportation, storage, and merchandising of agricultural commodities, ingredients, and nutrition solutions. The company operates through four primary business segments: Ag Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other Business. ADM’s tea extract business falls under the Nutrition segment’s botanical extract subcategory, providing natural tea-derived polyphenols for food, beverage, and nutraceutical applications. The Other Business segment includes remaining operations outside the core business areas. With a strong global footprint, ADM operates in the North America, South America, Europe, Middle East & Africa, and Asia-Pacific, ensuring food security and supply chain efficiency. The company also leads sustainability efforts, supporting carbon reduction and environmentally friendly solutions. The company’s internal R&D network, comprising approximately 1,600 employees, drives innovation, introducing over 40 new products in 2023 to meet evolving consumer demands. The company has a global presence in more than 190 countries.

International Flavors & Fragrances Inc. (US) is a leading global producer specializing in food, beverage, health & biosciences, scent, and pharma solutions. The company develops and manufactures flavors, fragrances, and active ingredients used across various industries, including food and beverages, personal care, home care, and pharmaceuticals. IFF’s product portfolio includes ingredients for dairy, meat, snacks, beverages, savory and sweet products, cosmetics, dietary supplements, functional food, and pharmaceutical excipients. The company holds global leadership positions in key market categories such as Tastes, Textures, Scents, Nutrition, Enzymes, Cultures, and Probiotics. IFF operates across four major business segments: Nourish, Health & Biosciences, Scent, and Pharma Solutions. The tea extract business falls under the Health & Biosciences segment, focusing on providing innovative ingredients for health and wellness solutions. With a strong geographic presence, IFF operates manufacturing facilities in over 15 countries, including the United States, Germany, Spain, China, India, and Brazil. The company’s global R&D efforts are supported by approximately 3,700 employees across 40 countries, ensuring continued innovation and customer-focused solutions. The company has global presence in Europe, Africa & Middle East, Greater Asia, North America, and South America.

Market Ranking:

The tea extract market is highly competitive, with five major players collectively holding 30-40% of the total market share. Archer Daniels Midland Company (ADM) stands out in the industry with its broad portfolio of botanical extracts, including tea. Finlay Tea Solutions holds a strong position due to its expertise in tea and coffee extracts. International Flavors & Fragrances Inc. has a significant market presence through its extensive global distribution network and focus on natural ingredient solutions. MartinBauer, Givaudan and Taiyo International have solidified their positions by offering innovative and high-quality tea extract products tailored to the food and beverage, nutraceutical, and cosmetic industries.

As demand for functional ingredients and clean-label products rises, current vendors are enhancing their tea extract solutions to meet the evolving needs of health-conscious consumers. The remaining 70-60% of the market is shared among other regional and emerging vendors, contributing to fragmentation and creating opportunities for smaller players to establish a foothold. Market competition is driven by innovation in product development, increasing regulatory compliance, and growing demand for tea extract-based functional beverages and supplements.

Related Reports:

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

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