Tea-seed Cake Market Size was estimated at 3.0 (USD Billion) in 2022. The Tea-seed Cake Industry is expected to grow from 3.11(USD Billion) in 2023 to 4.4 (USD Billion) by 2032. The Tea-seed Cake Market CAGR (growth rate) is expected to be around 3.92% during the forecast period (2024 - 2032).
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Tea-seed Cake Market is witnessing a surge in demand, propelled by its nutritional benefits and rising health consciousness among consumers. The Tea-seed Cake Market is on the rise and is gaining a lot of traction because of its nutritional properties and growing concern for health among consumers. Tea-seed Cake is a cake produced from the residual meal after extraction of tea oil, which is highly consumed in animal feed and for the organic fertilizer industry due to its high protein, fiber, and antioxidant content. The market is likely to flourish in the future, owing to the increasing need for alternatives to conventional animal feed that is not only nutritious but also environmentally sustainable due to the rise of organic farming.
Some of the primary factors fuelling the growth of the market include the changing dynamics towards increased uptake of poultry and aquaculture farming, which in turn leads to the higher consumption of protein-based animal feed. Additionally, the growing concern of people regarding the use of synthetic fertilizers is creating scope for organic and sustainable substitutes like tea-seed cake. Market focused product development strategies will also be a key trend whereby manufacturers are providing organic tea-seed cakes with functional aspects to suit consumers changing requirements.
Recent developments in the Tea-seed Cake Market aim at increasing emphasis on R&D intended for improving the nutritional composition and exploring new usage of the product. The changes in processing methods are focused on the enhancement of the quality, digestibility and storage times of the tea-seed cake products. Furthermore, the market is characterized by strategical alliances and mergers and acquisitions among market players in order to increase their production capacities in order to meet the increasing worldwide demand.
Rising Consumer Health Consciousness
Consumers are becoming increasingly aware of the health benefits associated with tea-seed cake, particularly its ability to improve cardiovascular health, lower cholesterol levels, and reduce the risk of chronic diseases such as cancer. This growing health consciousness is driving demand for tea-seed cake products as consumers seek natural and healthy alternatives to improve their overall well-being. The Tea-seed Cake Market Industry is expected to witness significant growth over the forecast period, owing to the rising consumer health consciousness.
Growing Application in the Food and Beverage Industry
Tea-seed cakeis gaining popularity as a natural food additive and flavoring agent in the food and beverage industry. Its unique nutty flavor and antioxidant properties make it an attractive ingredient for a wide range of products, including baked goods, confectionery, and beverages. The food and beverage industry is constantly seeking innovative and healthy ingredients to meet consumer demand, and tea-seed cake is well-positioned to capitalize on this trend.
Increasing Demand from Cosmetics and Personal Care Industry
Moistening, anti-aging, and anti-inflammatory oil extracted from tea-seed cake started attracting customers in cosmetology. Thus, it is broadly utilized in lotions, creams, shampoos, conditioners, and other skin and hair care solutions. Therefore, the increasing demand for natural resources is expected to fuel the growth of tea-seed cake utilization in the cosmetics industry.
The Tea-seed Cake Market by Grade is segmented into Grade A, Grade B, and Grade C. In the Tea-seed Cake Market 2023, the Grade A segment holds the largest market share and is expected to dominate throughout the study period hereafter. The increasing demand for Grade A tea-seed cake is attributed to higher quality and purity values. Grade A tea-seed cake is produced from the best quality tea seeds and the most stringent production process. Moreover, this grade of tea-seed cake is of the best quality available in the market, so the price is much higher than other grades of tea-seed cake.The second-largest segment of the Tea-seed Cake Market is the Grade B segment, produced from slightly lower quality tea seeds and a less stringent process than Grade A. Grade B tea-seed cakes are effectively used by the commercial sector, which produces biodiesel, thereby other industrial products. Grade C is the lowest grade and is produced from the lowest-quality tea seeds. The worst quality tea-seed cakes are either more effective than cheap or animal-based fertilizers. The increasing quantity of tea seeds being utilized for the production of new innovative products such as biodiesel, cosmetics, pharmaceuticals, and others are driving the market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Packaging is one of the vital aspects of the global Tea-seed cakeMarket; it allows for the product's protection, preservation, and improved marketability. This segment is divided into bulk, bags and boxes. Bulk packaging is currently the most common format, with around 55% of the total sales in 2023. This option is chosen by industrial users and other buyers who acquire the product in bulk as it is the most cost-effective method for large-scale transportation and storage. About 30% of the funds in this segment will be accounted for by packaging that mostly comes in the form of bags constructed from jute or polypropylene.They are both durable and breathable. The rest of the market share, which is around 15%, will be represented by the box packaging, which is made of cardboard and corrugated materials, providing the commodity with extra protection and visual appeal.
The application segment of the Tea-seed Cake Market holds significant importance, influencing market growth and industry dynamics. Animal Feed, Fertilizer, and Other applications account for a substantial share of the market revenue. Animal Feed is projected to dominate the market, driven by the rising demand for livestock products and the need for cost-effective and sustainable feed sources. The Fertilizer application segment is also expected to witness steady growth due to the increasing emphasis on organic and sustainable farming practices.Other applications, including cosmetics and pharmaceuticals, are anticipated to contribute to the overall market expansion, driven by the growing demand for natural and eco-friendly products.
The Tea-seed Cake Market is segmented based on extraction method into mechanical extraction, chemical extraction, and solvent extraction. Among these, mechanical extraction accounted for the largest revenue share in 2023. This is primarily attributed to the growing demand for natural and organic products, as mechanical extraction preserves the natural properties of tea-seed cake. Additionally, mechanical extraction is a cost-effective method, which makes it a preferred choice for manufacturers. Solvent extraction is expected to witness the highest growth rate during the forecast period.This is due to the increasing adoption of advanced extraction techniques, which offer high efficiency and yield. Solvent extraction also enables the extraction of specific compounds from the tea-seed cake, which can be used for various applications.
The market is driven by the growing demand for tea-seed cake as a natural fertilizer and soil conditioner. The Asia-Pacific region is the largest market for tea-seed cake, accounting for over 60% of global consumption. The region is home to major tea-producing countries such as China, India, and Indonesia. The demand for tea-seed cake is expected to grow in the region due to the increasing awareness of its benefits and the growing adoption of sustainable farming practices. North America and Europe are also significant markets for tea-seed cakes, and the demand is expected to grow in these regions due to the increasing demand for organic and natural fertilizers.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Major players in the Tea-seed Cake Market industry are constantly striving to gain a competitive edge by adopting various strategies such as product innovation, mergers and acquisitions, and geographical expansion. Leading Tea-seed Cake Market players are investing heavily in research and development to create innovative products that cater to the evolving needs of consumers. They are also focusing on expanding their distribution channels to reach a wider customer base. The Tea-seed Cake Market development is driven by factors such as increasing health consciousness among consumers, rising disposable income, and growing demand for natural and organic products.Wilmar International is a leading Tea-seed Cake Market player with a strong global presence. The company offers a wide range of tea-seed cake products, including organic and non-GMO options. Wilmar International has a well-established distribution network and a strong brand reputation. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.Guilin Tea Industry Group is another major player in the Tea-seed cake Market. The company is based in China and has a strong presence in the Asia-Pacific region. Guilin Tea Industry Group offers a variety of tea-seed cake products, including green tea-seed cake, black tea seed cake, and pu-erh tea-seed cake. The company has a strong focus on quality control and has implemented strict standards to ensure the safety and quality of its products.
Key Companies in the Tea-seed Cake Market Include
The Tea-seed Cake Market is projected to reach USD 4.4 billion by 2032, exhibiting a CAGR of 3.92% during the forecast period. Growing demand for tea-seed oil in various industries, such as food, cosmetics, and pharmaceuticals, is a key factor driving market growth. Additionally, rising awareness about the health benefits of tea-seed oil is contributing to market expansion.Recent news developments in the market include: In 2023, Archer Daniels Midland Company announced the launch of a new tea-seed oil processing facility in China, expanding its production capacity to meet increasing demand. In the same year, Bunge Limited acquired the remaining stake in IOI Loders Croklaan, a leading global producer of plant-based oils and fats, strengthening its presence in the tea-seed oil market. Governments in major tea-producing countries, such as China and India, are implementing policies to support tea seed cultivation and processing, fostering market growth.
Tea-seed Cake Market Regional Outlook
| Report Attribute/Metric | Details |
| Market Size 2022 | 3.0(USD Billion) |
| Market Size 2023 | 3.11(USD Billion) |
| Market Size 2032 | 4.4(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 3.92% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2022 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Shaklee Corporation, Tian Shi Group, New Century Health, Tahitian Noni International, Nature's Sunshine Products, Amway, Nu Skin Enterprises, Green World Group, DXN Holdings, Swisse Wellness, Jason Natural Products, Garden of Life, Forever Living Products, Solgar, Herbalifefin |
| Segments Covered | Grade, Packaging, Application, Extraction Method, Regional |
| Key Market Opportunities | Growing health consciousness Rising demand for natural skin care products Expanding use in cosmetics industry Increasing adoption in food and beverage industry Growing popularity in traditional medicine practices. |
| Key Market Dynamics | Rising demand for health benefits, expanding applications for government support |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Tea Seed Cake Market is expected to be valued at 3.11 USD Billion in 2023.
By 2032, the Tea Seed Cake Market is projected to reach 4.4 USD Billion.
The expected CAGR for the Tea Seed Cake Market from 2024 to 2032 is 3.92%.
By 2032, the Asia Pacific region is projected to have the largest share, valued at 1.53 USD Billion.
The market value for Grade A Tea Seed Cake is projected to be 1.77 USD Billion in 2032.
Major players in the Tea seed Cake Market include Shaklee Corporation, Amway, and Herbalife.
The estimated market value for North America in the Tea seed Cake Market by 2032 is 1.13 USD Billion.
The Grade B Tea seed Cake market is expected to grow from 1.15 USD Billion in 2023 to 1.63 USD Billion by 2032.
The Middle East and Africa region is expected to be valued at 0.27 USD Billion in 2032.
Key growth drivers for the market include increasing awareness and demand for plant-based products.
Research Analyst Level II I have about two years of experience working in the consumer goods and retail industries and i am a biotech graduate.a tech-savvy analytically focused professional with a strong capabilities in identification, concept generation, and strategy evaluation. i can produce data-driven solutions while fusing unusual viewpoints with original concepts. i have been extensively working on business case studies, competitive & comparative analyses, and strategic reports. my primary areas of experience include client management, financial analysis, supply chain evaluation, market entry strategy evaluation, and estimating and forecasting market size.
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
