DUBLIN--(BUSINESS WIRE)--The "Polyphenol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global polyphenol market size reached US$ 1.9 Billion in 2022 and is forecast to reach US$ 2.7 Billion by 2028 exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.
Polyphenol Market Trends:
The widespread product utilization in the food and beverage (F&B) industry is driving the market growth. Polyphenols are widely used in food products and drinks, such as meats and beer, due to their antioxidant properties to prevent the oxidation of other compounds in the food, like lipids, to increase shelf stability. Additionally, the increasing product demand due to its effectiveness in treating cardiovascular conditions, skin allergies, and eye diseases resulting from diabetes and cancer is favoring the market growth.
Apart from this, the rising popularity of green tea that includes polyphenols, such as catechin, epicatechin, and epicatechin gallate, exhibiting in vitro and in vivo antimetastasis and osteolytic properties is providing an impetus to the market growth. Moreover, the increasing utilization of polyphenols extracted from grape seeds in beauty products and nutritional skin supplements is acting as another growth-inducing factor. In line with this, rising awareness about the benefits of herbal products over synthetic drugs, coupled with an increasing demand for anti-aging products, is propelling the market growth. Other factors, including extensive research and development (R&D) activities and widespread product adoption as it assists in improving overall good health, weight management, and disease prevention, are anticipated to drive the market growth.
Key Market Segmentation
The report provides an analysis of the key trends in each sub-segment of the global polyphenol market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on source, product type, type, form and application.
Breakup by Source:
- Fruits
- Vegetables
- Cocoa
- Others
Breakup by Product Type:
- Apple
- Green Tea
- Grape Seed
- Others
Breakup by Type:
- Flavonoid
- Resveratrol
- Phenolic Acid
- Others
Breakup by Form:
- Liquid
- Powder
- Others
Breakup by Application:
- Functional Foods
- Dietary Supplements
- Functional Beverages
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players including:
- Ajinomoto
- Aquanova
- Archer-Daniels-Midland
- Cargill
- DOHLER
- FutureCeuticals
- Givaudan
- Groupe Berkem
- Indena
- Kemin Industries
- Koninklijke
- Martin Bauer
- Sabinsa
Key Questions Answered in This Report:
- How has the global polyphenol market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global polyphenol market?
- What are the key regional markets?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global polyphenol market and who are the key players?
- What is the degree of competition in the industry?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 145 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $1.9 Billion |
| Forecasted Market Value (USD) by 2028 | $2.7 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/y99lgj
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