Global Tea Polyphenols Market

Global Tea Polyphenols Market: Insights

Expanding demand for green tea and tea polyphenols in nutritional supplements, growing healthcare consciousness amongst consumers about intake of nutritious food, expanding urbanization, and rising discretionary income are the primary aspects propelling the growth of the tea polyphenols market. Furthermore, rising consumer consciousness of tea polyphenols food and its health advantages as a multifunctional beverage and dietary supplement propels the tea polyphenols market forward. The rising aging demographic around the world is propelling the manufacturing and utilization of tea polyphenols in different end-usage including ready-to-drink teas, nutritional supplements, green tea, and multifunctional drinks. Expanding health considerations have culminated in elevated demand for nutraceutical goods and green tea, which in turn is expected to fuel tea polyphenols market growth in the future years. The progression of the multifunctional beverage sector, which is related to increased demand for healthier drinks, is likely to boost market demand throughout the forecast period.

Tea polyphenols have always been considered extremely beneficial for health and to build the immune system. The constantly spreading awareness about the medicinal benefits of these has highly been boosting the growth within the tea polyphenol market over the years. Subsequent advancement in pharmacology and organic chemistry, natural extracts or products like tea polyphenol has been in high demand. Statistics show that, annually, approximately 6.3 billion kilograms of tea is consumed globally, and this rate of global consumption is expected to increase up to 7.4 billion kilograms by 2025.

The research found a particular compound or catechin in tea polyphenols called the epigallocatechin gallate (EGCG), which has the properties of chemotherapy and chemoprevention for various types of cancers. The antioxidants present to act as strong chemo preventive effects while testing cancer.  Besides acting as one of the best preventive measures for cancer, tea polyphenol's properties of anti-inflammation are well-known solutions for skin disorders. These possess features that are beneficial, like natural healing properties, and have anti-aging properties for the skin. Experiments and studies have also proved that incorporating tea polyphenols in everyday dietary supplements acts as strong prevention of the human body against cardiovascular diseases. Besides these few highly known beneficial properties of tea polyphenols, various other benefits of them promote a healthy life and healthy system. These benefits have made tea polyphenols the highly preferred beverage over a wide range of beverages.

Besides its medical benefits, tea is also considered a highly social beverage in many countries and various traditions. Tea consumption has become a part of social gathering in many countries across the world, which accelerates its consumption and demand within the market. Manufacturers in the global market are bringing a variety of options for the consumers to consume tea polyphenols as per their liking and preferences, which is enhancing the market value of tea polyphenols in the global market.

Global Tea Polyphenols Market: By Product

Based on product type, the tea polyphenols market is categorized as green tea polyphenols, oolong tea polyphenols, and black tea polyphenols. Black tea polyphenol is likely to lead over the forecast period. The demand for black tea polyphenols has been witnessing a constant upward trend due to their medicinal features of decreasing the rate of cell damage in the human body. It is a highly beneficial option to reduce the risk of facing chronic diseases. Also, black tea polyphenols have all the properties that promote and boost a healthy immune system, and their consumption also reduces the risk of diabetes, high cholesterol levels, and blood sugar. Black tea polyphenols contain flavonoids, which are extremely useful for heart health. Studies have proved that three minimal-size cups of black tea every day reduce the chances of heart diseases by 11 percent. The spreading awareness about adding black tea polyphenols into the daily diet and potentially reducing the risk of health complications in the future is driving tremendous growth for this product.

Green tea polyphenols are predicted to grow at the fastest rate within the tea polyphenols market. Gradually the awareness about green tea and its benefits is spreading among a large consumer base. It is considered the healthiest beverage compared to others. Green tea polyphenols hold compounds that are healthy and proactive for the human body. Green tea polyphenol is known for its epigallocatechin gallate (EGCG), which are potent compounds to prevent various chronic diseases. Green tea polyphenols also have the stimulant that not only keeps the brain active or facilitates alertness but also improves brain functions. The demand for these is expected to grow drastically due to its most efficient feature of increasing fat-burning activity.

Global Tea Polyphenols Market: By Application

Based on application, the tea polyphenol market is categorized as functional beverages, functional food, dietary supplements, and others. Amongst these, functional beverages are presumed to hold the largest share within the market. People across the world highly consume tea as a daily beverage. Today, with readily available tea polyphenols in the form of tea powder or sachets, its consumption as a beverage has drastically increased.

Followed by its consumption through functional beverages, tea polyphenols are also consumed in the form of dietary supplements. Professionals and doctors recommend these dietary supplements like capsules, pills, and others to consumers to help them prevent the possibility of chronic diseases and maintain a healthy system.

Global Tea Polyphenols Market: By Region

Based on the regional segmentation, the Asia Pacific region dominates the tea polyphenol market. Many countries of this region are the traditional users of tea polyphenols for various application purposes. The increasing population within these countries are the most significant drivers for the growing market share of the APAC region. The history of these countries mentions the potential features that the tea polyphenols possess, and the awareness about their medicinal benefits goes back many centuries. Countries like India are some of the biggest exporters and cultivators of tea trees, thus contributing tremendously to the growth of the tea polyphenol market of the APAC region. Unlike other regions, tea in the Asia Pacific countries is considered as the staple drink or beverage, which is consumed regularly. Also, the increasing chronic diseases in these countries due to lack of care and increasing population propel growth in the tea polyphenol market. The market in North America is foreseen to contribute to the second-highest revenue share in the global tea polyphenol market, owing to rising consumer healthcare consciousness about the advantages of tea polyphenols and the region's rising incidence of chronic illnesses.

Global Tea Polyphenols Market: By Share and Competitor Analysis

Ajinomoto OmniChem Natural Specialty, Amax NutraSource Inc., Martin Bauer Group, Indena SpA, Schokolade GMBH & Co. KG, Layn Natural Ingredients Corp, Naturex, Chr. Hansen, Frutarom Ltd., Tianjin Jianfeng Natural Products Co, Ltd, and HERZA FutureCeuticals, among others, are a few of the most prominent market players.

Please note: This is not an exhaustive list of companies profiled in the report.