According to the latest report by IMARC Group, titled “Tea Polyphenols Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 20201-2026,” the global tea polyphenols market witnessed strong growth during 2012-2019. Tea polyphenols are chemical compounds that are naturally found in tea leaves. These compounds, including catechins, tannins and flavonoids, attribute the distinct flavor to green, black and other kinds of tea. Consisting of high concentrations of antioxidants, these polyphenols are known to reduce the risk of developing numerous chronic diseases, including cancer, diabetes and coronary artery disease. They also reduce the growth of bacteria in the stomach, enhance metabolism and improve the overall health of consumers. Apart from this, they find numerous applications in the field of biomedical science and the processing of meat- and fish-based products.
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Global Tea Polyphenols Market Trends:
The global market is primarily driven by the growing health consciousness among the masses. The increasing prevalence of lifestyle and chronic disorders, owing to the sedentary lifestyle and unhealthy dietary habits, has led to rising awareness regarding the significance of maintaining a healthy lifestyle. Consequently, there is an increasing demand for nutraceuticals, which is providing a boost to market growth. A significant increase in the geriatric population, along with the growing prevalence of neurodegenerative disorders, such as Alzheimer’s and Parkinson’s disease, among the elderly, acts as a major growth-inducing factor. As the consumption of these compounds aids in the prevention of several neurodegenerative diseases, it is contributing to market growth.
Furthermore, these polyphenols are widely used in the cosmetics and personal care industry, owing to their numerous biological properties. Tea polyphenols are considered to be beneficial in reducing acne, skin darkening and signs of aging. This, along with the rising trend of maintaining a youthful physical appearance among both males and females, is acting as another major growth-inducing factor. Some of the other factors contributing to the market growth include the rising adoption of tea polyphenols in various dietary supplements, ready-to-drink beverages and functional beverages, and their increasing usage in the research and biomedical sectors. Looking forward, IMARC Group expects the global tea polyphenols market to grow at a CAGR of 8.5% during 2021-2026.
Breakup by Product Type:
- Green Tea Polyphenols
- Oolong Tea Polyphenols
- Black Tea Polyphenols
Breakup by Application:
- Functional Beverages
- Functional Food
- Dietary Supplements
Breakup by Distribution Channel:
- Mass Retailers
- Direct Selling
- Online Retailers
Breakup by Region:
On the geographical front, the market has been segregated into North America, Europe, Asia, Latin America, and Middle East and Africa.
Competitive Landscape with Key Player:
- Ajinomoto OmniChem
- Amax NutraSource Inc.
- Koninklijke DSM N.V.
- DuPont de Nemours, Inc.
- International Flavors & Fragrances Inc.
- HERZA Chocolate GmbH & Co. KG
- Indena S.p.A.
- Layn Corp.
- NATUREX SA
- SEPPIC, S.A.
- Tianjin Jianfeng Natural Product R&D Co. Ltd. (JF-NATURAL).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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