IMARC Group, a leading market research company, has recently releases report “Polyphenol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The global polyphenols market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.7 Billion by 2028 exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.
Polyphenols are naturally occurring substances found primarily in fruits, vegetables, cereals, dry legumes, chocolate, and beverages such as wine and tea. They are characterized by multiple phenol units in their molecular structure, which contributes to their potential health benefits. They exhibit antioxidant, anti-inflammatory, and anticarcinogenic properties and help neutralize harmful free radicals in the body, reduce inflammation, and potentially prevent cancer cell development. They aid in protecting cells against oxidative stress and neurodegenerative diseases. Besides this, as they help improve digestion, support weight management, and regulate blood sugar levels, the demand for polyphenols is increasing globally.
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Polyphenol Market Trends and Drivers:
The rising prevalence of chronic diseases, which include diabetes, cardiovascular diseases, and types of cancers represents one of the key factors increasing the consumption of polyphenol-rich products. Additionally, the incorporation of polyphenols in dietary supplements due to their beneficial health properties is positively influencing the market. Apart from this, the increasing use of polyphenols in cosmetics, on account of their anti-aging properties and benefits in skincare, is strengthening the market growth. Furthermore, the growing popularity of functional foods and beverages enriched with health-boosting compounds like polyphenols is offering a favorable market outlook. Moreover, the advent of advanced extraction techniques, which allow for the efficient and cost-effective extraction of polyphenols from various plant sources, is driving the market.
Who are the key players operating in the industry?
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Ajinomoto Co. Inc.
- Aquanova AG
- Archer-Daniels-Midland Company
- Cargill Incorporated
- HLER GmbH
- FutureCeuticals Inc.
- Givaudan SA
- Groupe Berkem
- Indena S.p.A.
- Kemin Industries Inc.
- Koninklijke DSM N.V.
- Martin Bauer GmbH & Co. KG and Sabinsa Corporation.
The report has been segmented the market into following categories:
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
- Others
By Geography:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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