Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Wednesday, August 5, 2026

Lucintel Forecasts the Global Tea Extract Market to Reach $11 Billion by 2035

According to a market report by Lucintel, the future of the global tea extract market looks promising with opportunities in the food & beverage, dietary supplement, cosmetic & personal care, pharmaceutical, and animal feed markets. The global tea extract market is expected to reach an estimated $11 billion by 2035 with a CAGR of 8.7% from 2026 to 2035. The major drivers for this market are the increasing demand for natural beverage ingredients, the rising use in wellness products, and the growing adoption in food & supplement applications.

A more than 150-page report to understand trends, opportunity and forecast in global tea extract market to 2035 by extract type (green tea, black tea, oolong tea, white tea, matcha extract, and others), form (powder, liquid, and encapsulated/granular), application (food & beverage, dietary supplements, cosmetics & personal care, pharmaceuticals, and animal feed), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the extract type category, green tea is expected to witness the highest growth over the forecast period due to high antioxidant content and increasing health-conscious consumer preference.

Within the application category, food & beverage is expected to witness the highest growth due to growing demand for functional beverages and natural food ingredients.

Download sample by clicking on tea extract market.

In terms of regions, APAC is expected to witness the highest growth over the forecast period due to rising health awareness and expanding functional food consumption.

Martin Bauer Group, Finlays, Taiyo International, Kemin Industries, Inc., Synthite Group, International Flavors & Fragrances Inc., Hunan Sunfull Bio-tech, Prinova Group, AVT Natural Products Limited, Blueberry Agro Products Private Limited are the major suppliers in the tea extract market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

Explore Our Latest Publications

Governance, Risk and Compliance Platform Market

HDMI Cable Market

Home Care Service Market

Household Refrigerator and Freezer Market

Identity and Access Management Market

 

Lucintel Forecasts the Global Tahini Food Market to Reach $3 Billion by 2035

According to a market report by Lucintel, the future of the global tahini food market looks promising with opportunities in the hummus, tahini sauce, falafel, bakery product, and confectionery product markets. The global tahini food market is expected to reach an estimated $3 billion by 2035 with a CAGR of 4.9% from 2026 to 2035. The major drivers for this market are the increasing demand for healthy snack options, the rising popularity of plant based spreads, and the growing use in mediterranean cuisine products.

A more than 150-page report to understand trends, opportunity and forecast in global tahini food market to 2035 by type (pure tahini paste, roasted tahini paste, spiced tahini paste, tahini oil, and others), packaging (plastic jars, glass jars, metal cans, pouches, and others), distribution channel (supermarkets & hypermarkets, convenience stores, online retailers, specialty stores, and others), application (hummus, tahini sauce, falafel, bakery products, confectionery products, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category, pure tahini paste is expected to witness the highest growth over the forecast period due to natural ingredients, versatile usage, and clean-label consumer preference.

Within the application category, hummus is expected to witness the highest growth due to growing hummus consumption and increasing demand for healthy dips.

Download sample by clicking on tahini food market.

In terms of regions, North America is expected to witness the highest growth over the forecast period due to rising plant-based diets and increasing healthy food consumption.

Achva, Soom Foods, Tahin, Al Wadi Al Akhdar, Mina, Sesame King, Ziyad are the major suppliers in the tahini food market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

Explore Our Latest Publications

Refurbished and Used Mobile Phone Market

Road Safety Market

Rugged Tablet Market

Self-Paced-E-Learning Market

Smart Home Installation Service Market

 

Lucintel Forecasts the Global Synbiotic Product Market to Reach $5 Billion by 2035

According to a market report by Lucintel, the future of the global synbiotic product market looks promising with opportunities in the digestive health and immunity enhancement markets. The global synbiotic product market is expected to reach an estimated $5 billion by 2035 with a CAGR of 9% from 2026 to 2035. The major drivers for this market are the increasing demand for gut health supplements, the rising awareness of microbiome balance benefits, and the growing popularity of clean label products.

A more than 150-page report to understand trends, opportunity and forecast in global synbiotic product market to 2035 by product type (food & beverage, dietary supplements, animal feed, and others), distribution channel (pharmacies/health stores, supermarkets/hypermarkets, online retail stores, and others), application (digestive health, immunity enhancement, and others), end use (adults, children, and geriatric population), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the product type category, dietary supplement is expected to witness the highest growth over the forecast period due to rising preventive health and gut health awareness.

Within the application category, immunity enhancement is expected to witness higher growth due to post-pandemic focus on immunity and wellness demand.

Download sample by clicking on synbiotic product market.

In terms of regions, APAC is expected to witness the highest growth over the forecast period due to large population, rising incomes, probiotic consumption growth.

Danone S.A., Yakult Honsha Co., Ltd., Probiotical S.p.A., Herbalife Nutrition Ltd., Sabinsa Corporation, Seed Health Inc., United Natural Foods, Inc., Daflorn Ltd., Synbalance Srl, Synbiotik Health LLC are the major suppliers in the synbiotic product market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

Explore Our Latest Publications

SaaS Spend Management Software Market

Rock Drilling Jumbo Market

Release Tape Market

Reference Check Software Market

PSA Hydrogen Purification Market

Lucintel Forecasts the Global Spray Dried Food Market to Reach $135 Billion by 2035

According to a market report by Lucintel, the future of the global spray dried food market looks promising with opportunities in the bakery & confectionery, dairy & beverage premix, infant nutrition, nutraceuticals & supplement, savory & ready meal, and pet food markets. The global spray dried food market is expected to reach an estimated $135 billion by 2035 with a CAGR of 6.1% from 2026 to 2035. The major drivers for this market are the increasing demand for instant powdered food products, the rising use of spray dried ingredients, and the growing preference for convenient foods with a longer shelf life.

A more than 150-page report to understand trends, opportunity and forecast in global spray dried food market to 2035 by product type (fruits, vegetables, dairy products, meat, poultry, & seafood, spices & seasonings, and others), application (bakery & confectionery, dairy & beverage premixes, infant nutrition, nutraceuticals & supplements, savory & ready meals, pet foods, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the product type category, dairy product is expected to witness the highest growth over the forecast period due to rising demand for shelf-stable dairy ingredients globally markets.

Within the application category, bakery & confectionery is expected to witness the highest growth due to need for stable flavors, textures, and convenient ingredients.

Download sample by clicking on spray dried food market.

In terms of regions, APAC will remain the largest region over the forecast period due to large population, urbanization, food industry growth, dairy consumption.

Bluegrass Ingredients, Inc., Kerry Group plc, Fonterra Co-operative, DSM-Firmenich, Döhler GmbH, Sensient Technologies, McCormick & Co., Chr. Hansen Holding, Kanegrade Ltd., Mevive International are the major suppliers in the spray dried food market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

Explore Our Latest Publications

Specialty Pressure Sensitive Tape Market

Spa Management Software Market

SMT AXI Inspection Equipment Market

SMT AOI Inspection Equipment Market

Silicon Boat Market

Lucintel Forecasts the Global Specialty Enzyme Market to Reach $1,880 Million by 2035

According to a market report by Lucintel, the future of the global specialty enzyme market looks promising with opportunities in the pharmaceutical and biotechnology and R&D markets. The global specialty enzyme market is expected to reach an estimated $1,880 million by 2035 with a CAGR of 7.5% from 2026 to 2035. The major drivers for this market are the increasing demand in food processing industry, the rising use in pharmaceutical products, and the growing adoption in biofuel applications.

A more than 150-page report to understand trends, opportunity and forecast in global specialty enzyme market to 2035 by type (protease, carbohydrases, polymerases & nucleases, lipase, and others), application (pharmaceutical, biotechnology and R&D, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category, protease is expected to witness the highest growth over the forecast period due to broad industrial applications and high catalytic efficiency.

Within the application category, pharmaceutical is expected to witness higher growth due to increasing biopharmaceutical production and growing enzyme-based therapeutic demand.

Download sample by clicking on specialty enzyme market.

In terms of regions, APAC is expected to witness the highest growth over the forecast period due to expanding pharmaceutical manufacturing and rising biotechnology investments.

Novozymes, Dupont, DSM, BASF, AB Enzymes, CHR.Hansen, Soufflet Group, Longda Bio-products, Biocatalysts, ORBA are the major suppliers in the specialty enzyme market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

Explore Our Latest Publications

Indoor Entertainment Center Market

Industrial Display Market

Interactive Display Market

Inventory Tank Gauging System Market

Kiosk Market

 

Lucintel Forecasts the Global Spa Service Market to Reach $233 Billion by 2035

According to a market report by Lucintel, the future of the global spa service market looks promising with opportunities in the salon spa, hotel spa, medical spa, destination spa, and mineral spa markets. The global spa service market is expected to reach an estimated $233 billion by 2035 with a CAGR of 8.7% from 2026 to 2035. The major drivers for this market are the increasing demand for wellness therapies, the rising popularity of luxury spa treatments, and the growing interest in holistic health services.

A more than 150-page report to understand trends, opportunity and forecast in global spa service market to 2035 by type (salon spa, hotel spa, medical spa, destination spa, and mineral spa), application (traveler, business people, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the application category, traveler is expected to witness the highest growth over the forecast period due to increasing wellness tourism and rising demand for relaxation services.

Within the type category, hotel spa is expected to witness higher growth due to convenient access and growing luxury hospitality wellness offerings.

Download sample by clicking on spa service market.

In terms of regions, APAC is expected to witness the highest growth over the forecast period due to rising wellness awareness and increasing tourism-related service demand.

Emirates Palace, Four Seasons Hotel, Trailhead Spa, Massage Envy Franchise, Jade Mountain, Six Senses Hotels Resorts Spas, Clarins Group, Hot Springs Resort and SPA, Lanserhof Tegernsee, Belmond Maroma Resort & Spa are the major suppliers in the spa service market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

Explore Our Latest Publications

Laptop Cooling Pad Market

Laundromat Machine Market

Medium Format Camera Market

Military Vertical Take-Off and Landing Aircraft Market

Motor Repair and Maintenance Market

 

Lucintel Forecasts the Global Soybean Derivative Market to reach $440 Billion by 2035

According to a market report by Lucintel, the future of the global soybean derivative market looks promising with opportunities in the animal feed, food & beverage, biofuel, and personal care & cosmetic markets. The global soybean derivative market is expected to reach an estimated $440 billion by 2035 with a CAGR of 5% from 2026 to 2035. The major drivers for this market are the increasing demand for plant based protein products, the rising use of soy derived food ingredients, and the growing adoption of sustainable oil and derivatives.

A more than 150-page report to understand trends, opportunity and forecast in global soybean derivative market to 2035 by product type (soy meal, soy oil, soy protein, soy milk, and others), nature (conventional and organic), form (solid and liquid), application (animal feed, food & beverage, biofuel, personal care & cosmetics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the product type category, soy milk is expected to witness the highest growth over the forecast period due to rising vegan demand and lactose intolerance awareness.

Within the application category, biofuel is expected to witness the highest growth due to renewable energy policies and sustainability requirements.

Download sample by clicking on soybean derivative market.

In terms of regions, APAC is expected to witness the highest growth over the forecast period due to large population, industrial growth, and soybean consumption.

Bunge Limited, Cargill, Incorporated, Ag Processing Inc., Louis Dreyfus Company B.V., CHS Inc., Wilmar International Limited, Fuji Oil Holdings Inc., The Scoular Company, The Nisshin Oillio Group Ltd., Xinrui Group are the major suppliers in the soybean derivative market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

Explore Our Latest Publications

Transseptal Access System Market

Three-Point Linkage Market

Thermostatic Radiator Valve Market

Thermal Conductive Gel Market

Surgical Energy Instrument Market

Lucintel Forecasts the Global Sorbitol Market to Reach $4 Billion by 2035

According to a market report by Lucintel, the future of the global sorbitol market looks promising with opportunities in the oral care, vitamin C, diabetic & dietetic food & beverage, and surfactant markets. The global sorbitol market is expected to reach an estimated $4 billion by 2035 with a CAGR of 6.8% from 2026 to 2035. The major drivers for this market are the increasing use in food & beverages, the rising adoption in pharmaceutical products, and the growing demand in personal care industry.

A more than 150-page report to understand trends, opportunity and forecast in global sorbitol market to 2035 by product (liquid and crystal), application (oral care, vitamin C, diabetic & dietetic food & beverage, surfactant, and others), end use (personal care, chemical, food, pharmaceuticals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the product category, liquid is expected to witness higher growth over the forecast period due to easy formulation, better solubility, and versatile industrial applications.

Within the application category, diabetic & dietetic food & beverage is expected to witness the highest growth due to increasing demand for low-calorie and sugar-free food products.

Download sample by clicking on sorbitol market.

In terms of regions, APAC is expected to witness the highest growth over the forecast period due to rising diabetes prevalence and growing health-conscious consumer demand.

American International Foods, Inc., ADM, Cargill Incorporated, DuPont, Gulshan Polyols Ltd., Merck KGaA, Ecogreen Oleochemicals GmbH, Qinhuangdao Lihua Starch Co., Ltd., Roquette Frères, SPI Pharma are the major suppliers in the sorbitol market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

Explore Our Latest Publications

Multi Cleaner Market

Musical Instrument Market

Online Clothing Rental Market

Online Lottery Market

Online Tutoring Service Market

 

Lucintel Forecasts the Global Sleeping Pod Market to Reach $993 Million by 2035

According to a market report by Lucintel, the future of the global sleeping pod market looks promising with opportunities in the airport, corporate office, hospital, academic institution, wellness/SPA, and shopping center markets. The global sleeping pod market is expected to reach an estimated $993 million by 2035 with a CAGR of 7.3% from 2026 to 2035. The major drivers for this market are the increasing demand for privacy focused spaces, the rising urban population boosting compact solutions, and the growing wellness trends driving sleep innovation.

A more than 150-page report to understand trends, opportunity and forecast in global sleeping pod market to 2035 by pod (compact nap pods, single sleeping pods, and double sleeping pods), revenue model (direct sales and rental & pay-per-use), application (airports, corporate offices, hospitals, academic institutions, wellness/SPA, shopping centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the pod category, compact nap pod is expected to witness the highest growth over the forecast period due to space efficiency, affordability, and growing demand for quick rest.

Within the application category, airport is expected to witness the highest growth due to increasing passenger traffic and demand for convenient resting spaces.

Download sample by clicking on sleeping pod market.

In terms of regions, North America is expected to witness the highest growth over the forecast period due to rising travel frequency and increasing demand for comfort solutions.

My Office Pod, napcabs GmbH, Podtime UK, Sleeping Pods, Nap & Up, BIDUA Pods, Rest Works, RestSpace, OBIDUA, Gosleep are the major suppliers in the sleeping pod market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

Explore Our Latest Publications

Physical Security Service Market

Portable Media Player Market

Portable Scanner Market

Power Tool Market

Printer Market