Global Polyphenols Market is projected to grow at a CAGR of 7.78% from 2017 to 2027
The global polyphenol market size is projected to reach USD 1.67 billion by 2027. The increase in demand for polyphenols from dietary supplements along with food and beverage industry is fuelling the growth for polyphenols market. Rising alertness of health benefits associated with the consumption of polyphenols can be regarded as one of the major factors driving the polyphenols market. Also, the increase in R & D activities is projected to boost the demand for polyphenols in the coming years.
Global Polyphenols Market demand is estimated to exceed 17.65 kiloton in 2016.
Polyphenols play an important role in maintaining health and fitness. Antioxidants as a group can be divided into three major categories, namely, Carotenoids, Allyl Sulphides, and Polyphenols. Polyphenols are broken down further in four categories based on the number of phenol rings they contain, with the structural elements which bind these rings together. The four categories of polyphenols are Flavonoids, Stilbenes, Lignans and Phenolic acids.
Polyphenols play an important role in addressing the health issues related to cancer, cardiovascular diseases, osteoporosis, diabetes and blood pressure. Thus, the increase in usage of polyphenols in healthcare and food & beverages domain is expected to increase the consumption of polyphenols in the coming years.
End-User Landscape (Consumer Profile): Global Polyphenols Market
End-use companies such as the Naturex, Ajinomoto OmniChem Natural Specialities, Indena S.P.A, Frutarom Ltd. among others are investing extensively in the manufacturing and sale of polyphenols, which presents a huge opportunity to polyphenol suppliers. The report provides a detailed list of end-users operating across the world. The end-user landscape includes consumer contact details, geographical presence, revenue, product portfolio, organic, and inorganic growth strategies among others.
Green Tea polyphenol extract is expected to grow at the highest CAGR between 2017 and 2027
Green tea is loaded with polyphenols like catechins, and flavonoids, which reduces the formation of free radicals in the body thereby protecting molecules and cells from damage. Green tea contains bio-active compounds which improve health. The increase in health awareness programs has seen a significant increase in the consumption of Green tea in the Asia-Pacific region in the past few years. This has influenced the demand for polyphenols in food & beverages and cosmetic industries as well.
On the other hand, the grape seed polyphenol extract is expected to account for the largest share in 2016.
The reports entails key drivers, restraints, opportunities, and challenges that impact the global polyphenols market. An in-depth discussion on the below points is provided in the report
Asia Pacific polyphenols market is projected to account for a share of around 35% of the global polyphenols market by 2027
The growing functional food and beverage industry, rising geriatric population in countries such as Japan and China, technological advancement in extraction of polyphenols over the years has significantly boosted Asia-Pacific’s polyphenols market. Also, the growing healthcare, and cosmetic industry in this region is anticipated to boost the demand for polyphenols.
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