The global polyphenols market size is expected to reach USD 2.08 billion by 2025,
according to a new report by Grand View Research, Inc., expanding at a CAGR of
7.2% during the forecast period. Growing awareness about effectiveness of
polyphenols in treating diabetes, cardiovascular diseases, high cholesterol,
and cancer, along with rising number of applications in the food and beverage
and pharmaceutical sectors, is anticipated to drive product demand over the
forecast period.
Polyphenols extracted from grape seed have
antioxidant properties, which play a significant role in beauty products and
nutritional skin supplements. These antioxidants bind to the skin collagen and
stimulate flexibility, elasticity, and cell health, thus resulting in youthful
skin. Rising awareness of herbal products instead of synthetic drugs, coupled
with increasing demand for anti-aging products, is expected to boost demand for
polyphenols.
Technological advancements enable
manufacturers to enhance 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 and animal
consumption is expected boost market growth over the coming years.
Grape seed polyphenols dominated the global
polyphenols market in 2018. Grape seed extract has essential therapeutic
properties, including managing poor circulation, nerve damage, cholesterol,
macular degeneration, anticancer, and atherosclerosis. According to the United
States Food & Drug Administration (FDA), grape seed is more effective than
chemotherapy for the treatment of cancer. Grape seed extracts are anticipated
to experience high demand on account of surging consumption in the food and
beverage, cosmetics, and healthcare industries.
In terms of volume, Asia Pacific emerged as
the largest regional market, followed by North America. 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. Surging population and awareness about polyphenol benefits on
human health are expected to drive the market in Asia Pacific.
North America is anticipated to emerge as
the second-largest regional market owing to increasing disposable income of
consumers, resulting in growing consumption of healthy food and beverages in
countries such as U.S. and Canada. Changing demographics and lifestyles, rising
health concerns, favorable research studies, and technological developments are
anticipated to drive the market over the forecast period.
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https://www.grandviewresearch.com/industry-analysis/polyphenols-market-analysis
https://www.grandviewresearch.com/industry-analysis/polyphenols-market-analysis
Further key findings from the study suggest:
· In terms of revenue, the grape seed product
segment is expected to expand at a CAGR of 7.3% over the forecast period
· In terms of volume, the functional
beverages application segment dominated the market with a share of 36.4% in
2018
· In U.S., development of preventive
healthcare and government focus on improving the national health standard are
some of the significant factors contributing to industry growth
· Some of the key industry participants
present in the market are Cargill, Inc.; Chr. Hansen; Ajinomoto; Archer Daniels
Midland (ADM); HERZA Schokolade GmbH & Co. KG; Indena S.p.A.; Martin Bauer
Group; and Frutarom Ltd.
Grand View Research has segmented the
global polyphenols market on the basis of product, application, and region:
Polyphenols Product Outlook (Volume, Tons;
Revenue, USD Million, 2014 - 2025)
·
Grape Seed
·
Green Tea
·
Apple
·
Peach
·
Citrus
·
Olive
·
Berries
·
Cocoa & Coffee Beans
·
Potatoes
·
Algae
·
Pomegranate
·
Others
Polyphenols Application Outlook (Volume,
Tons; Revenue, USD Million, 2014 - 2025)
·
Functional Beverages
·
Functional Foods
·
Dietary Supplements
·
Cosmetics & Toiletries
·
Animal Feed
·
Dyes
·
Others
Polyphenols Regional Outlook (Volume, Tons;
Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Middle East & Africa
·
Central & South America
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
