Polyphenols is basically a class of chemicals found in natural plant food sources and have antioxidant properties with further classification into flavonoids, phenolic acids, and stilbenoids. Mainly, it is obtained mainly from green tea, grape seeds, pomegranate, beetroot and apples. These products offer several health benefits related with prevention of cardiovascular diseases, neurodegenerative conditions, cancer, diabetes, and aging and skin-related problems. Also, it has high antioxidant and anti-inflammatory properties therefore it is used in the treatment of diabetes, cancer as well as cardiovascular diseases. In addition, it is also used for enhancing the absorption rate of vitamins in the body.
Global Polyphenols Market: Key Players
The research study includes profiles of leading companies operating in the global polyphenols market. Key players profiled in the report include: Ajinomoto, Amax, NutraSource, Barry Callebaut, Blue California, Cargill, Chr. Hansen, Danisco, Diana Naturals, DSM, Fruitomed, Frutarom, Futureceuticals, Glanbia Nutritionals, Herza Schokolade, Indena, Kemin Health, Layn Natural Ingredients.
Drivers for the Global Polyphenols Market:
Globally, the polyphenols market is expected to witness a boost owing to the various health benefits of polyphenols. Increasing awareness among consumers regarding the easy availability of the sources of polyphenols is also a major growth driver for the polyphenols market. Additionally, polyphenols are available in liquid, solid, and some other forms as well. Increasing awareness about the health benefits of polyphenols is anticipated to fuel the growth in the demand for polyphenols in the market. Also, a wide range of applications in the food and beverage industry, coupled with the health benefits of polyphenols, is anticipated to drive the polyphenols market. Mainly, polyphenols are used in the treatment of diabetes, cancer, obesity, anogenital warts, skin tumors, etc., which makes them fit as an ingredient in many medicines which is expected to boost the demand for polyphenols in the market.
Opportunities for the Global Polyphenols Market:
Technological advancements enable manufacturers to increase the benefits of polyphenols in curing various diseases. Moreover, development of cost-effective technology to extract polyphenols from plants, herbs, fruits, and vegetables for human as well as animal consumption is expected boost market growth over the coming years. Furthermore, rising awareness of herbal products instead of synthetic drugs, coupled with increasing demand for anti-aging products, is expected to boost demand for polyphenols.
Restrains for the Global Polyphenols Market:
However, the limited supply of raw materials and stringent quality standards are expected to hinder the market growth. Also, high dependency on the green apple, grape seed, green tea and pomegranate production for commercial product extraction may negatively impact industry profitability, thus affecting market price trends. Apart from that, stringent labelling standards for natural extracts containing food products may act as another restricting factor incurring additional compliance cost.
Region Wise, Global Polyphenols Market Analysis:
On the basis of region, global polyphenols market includes North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The Asia Pacific emerged as the largest regional market, followed by North America and Europe. China, India, South Korea, and Japan are anticipated to witness major product demand in the coming years on account of increasing health awareness among the growing diet conscious population, seeking functional benefits in every kind of food they consume. Also, surging population and awareness about polyphenol benefits on human health are expected to drive the market in the Asia Pacific.
Global Polyphenols Market: Product analysis
- Green Tea
- Grape Seed
- Others (Cocoa, Olive, Peppermint)
Global Polyphenols Market: Application analysis
- Functional Food
- Functional Beverages
- Dietary Supplements
Global Polyphenols Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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