Global Polyphenols Market

Polyphenols Market Size, Share, Growth Analysis, By Product(Grape Seed, Green Tea), By Application(Functional Beverages, Functional Foods) - Industry Forecast 2024-2031

Report ID: SQMIG15C2056 | Region: Global | Published Date: March, 2024
Pages: 184 | Tables: 76 | Figures: 75

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Polyphenols Market size was valued at USD 1.68 Billion in 2022 and is poised to grow from USD 1.80 Billion in 2023 to USD 3.19 Billion by 2031, at a CAGR of 7.4% during the forecast period (2024-2031).

The polyphenols market is fragmented in nature, with and regional companies present. These companies are increasing their consumer base as well as brand loyalty through large acquisitions with mergers, marketing efforts, and product releases. Furthermore, these players are developing new products such as white oats, oat bran, wheat porridge, and 100.0% organic components in diabetes foods with no chemical or hazardous substance. 'Archer Daniels Midland Company', 'Cargill, Incorporated', 'DuPont de Nemours, Inc.', 'Chr. Hansen Holding A/S', 'Naturex (Givaudan)', 'Ajinomoto Co., Inc.', 'Indena S.p.A.', 'Barry Callebaut AG', 'Tianjin Jianfeng Natural Products Co., Ltd.', 'Layn Natural Ingredients Corp.', 'Sabinsa Corporation', 'Kemin Industries, Inc.', 'FutureCeuticals, Inc.', 'Xian Yuensun Biological Technology Co., Ltd.', 'Hunan Huacheng Biotech, Inc.', 'Monteloeder S.L.', 'Borges Mediterranean Group', 'Nektium Pharma S.L.', 'Golan Ventures Ltd.', 'Phenolaeis, Inc.'

There is a growing awareness among consumers about the potential health benefits of polyphenols. Polyphenols are bioactive compounds found in fruits, vegetables, tea, cocoa, and other plant-based foods. They are known for their antioxidant and anti-inflammatory properties, which are believed to contribute to various health benefits, including cardiovascular health, cancer prevention, and improved immune function. The increasing consumer demand for natural and functional ingredients that promote health and well-being is driving the growth of the polyphenols market.

Increasing Consumer Demand for Natural and Plant-based Products: There is a growing consumer preference for natural and plant-based products across various industries, including food and beverages, dietary supplements, and personal care. Polyphenols, being naturally occurring compounds found in plants, align with this trend. Consumers are seeking polyphenol-rich ingredients and products as they perceive them to be healthier, sustainable, and free from synthetic additives or chemicals.

Asia Pacific dominated the market with a 45.6% revenue share in 2022. This is due to increased nutritional enrichment awareness in China, and India is likely to be a positive factor for regional market growth. Because of its growing population & rising disposable income, Asia Pacific has one of the world's greatest functional food marketplaces. In recent years, the Chinese government has launched a number of campaigns that highlight the benefits of eating healthy food.

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