Polyphenols Market – Industry Analysis by Size, Share & Growth (2021-2027) | UnivDatos

 

Polyphenols are micronutrients that occur in plants and are commonly used in protection against ultraviolet radiation or aggression by pathogens. Nowadays, they are included in many nutrition products although they are easy to get into your diet from foods like fruits, vegetables, teas, and spices. Several studies show that the consumption of polyphenols regularly offers protection against the development of cancers, cardiovascular diseases, diabetes, osteoporosis, and neurodegenerative diseases. As people are getting more serious about their health owing to rising health risks and increasing awareness regarding the benefits of living a healthy life, thereby increasing the demand for health-related products and supplements. This resulted in the increase in demand for functional food & beverages thereby fueling the extraction and consumption of polyphenols. According to International Diabetes Federation, around 537 million adults of age 20-79 years are living with diabetes and is likely to reach 643 million by 2030 and 783 million by 2045.

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According to UnivDatos Market Insights (UMI)’ research report “Global Polyphenols Market”, the market is expected to showcase a growth of around 5% during the forecast period. The growing market of functional food & beverage and increasing consumption of dietary supplements in developing economies are some of the key attributable factors to the growth of the market

Based on type, the market is categorized into flavonoids, phenolic acid, polyphenolic amides, and others. Among these flavonoids accounted for a major share in the market and are likely to retain their position during the forecast period. This can be attributed to the vast range of fruits & vegetables which contains flavonoids. Examples include quercetin, kaempferol, catechins, and anthocyanins, which are found in foods like apples, onions, dark chocolate, and red cabbage.

Based on application, the market is categorized into functional food, functional beverage, dietary supplement, cosmetics & toiletries, and others. Out of these, functional food accounted for a considerable share of the market. Many functional foods are rich in antioxidant properties. These molecules help neutralize harmful compounds knowns as free radicals, helping prevent cell damage and certain chronic conditions including heart disease, cancer, and diabetes. Since polyphenols act as an antioxidant, therefore with increasing demand for functional food, the consumption of polyphenols in the application would increase.

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North America accounted for a considerable share of the polyphenols market

High penetration of fortified or functional food & beverage products among the people of the North American region, especially in the US and Canada, and the large dietary supplement market resulted in the demand for products like polyphenols. For instance, the global vitamins and dietary supplements market in 2018 was around USD 100 billion (EUR 91.2 billion) out of which the North American region accounted for around 28 billion (EUR 26.0 billion). Consumers of the region are more cautious about their health when compared to European and Asia-Pacific regions as a result spend more on fortified products. Further, the presence of a large number of food & beverage companies that offers fortified products is helping the region by offering new types and varieties of products. Moreover, increasing cases of cardiovascular diseases and diabetes in the region are further shifting consumers toward the healthy alternative to commonly used products. Owing to such factors, the North American polyphenols market is likely to showcase significant growth over the foreseeable future.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global polyphenols market include Berkem Group, Polyphenols AS, Fengchen Group Co., Archer Daniels Midland Company, Naturex SA, Indena S.p.A., Diana Food S.A.S., Barry Callebaut AG, Martin Bauer GmbH & Co. KG, and Kemin Industries Inc. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

“Global Polyphenols Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

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Market Segmentation:

1. By Type (Flavonoids, Phenolic Acid, Polyphenolic Amides, and Others)
2. By Application (Functional Food, Functional Beverage, Dietary Supplement, Cosmetics & Toiletries, and Other)
3. By Region (North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World)
4. By Company (Berkem Group, Polyphenols AS, Fengchen Group Co., Archer Daniels Midland Company, Naturex SA, Indena S.p.A., Diana Food S.A.S., Barry Callebaut AG, Martin Bauer GmbH & Co. KG, and Kemin Industries Inc.)

Key questions answered in the study:

1. What are the current and future trends of the global polyphenols industry?
2. How the industry has been evolving in terms of type and application?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the global Polyphenols industry?
5. What are the customer orientation, purchase behavior, and expectations from the global Polyphenols suppliers across various region and countries?

Table of Content –

1. MARKET INTRODUCTION
2. RESEARCH METHODOLOGY OR ASSUMPTION
3. MARKET SYNOPSIS
4. EXECUTIVE SUMMARY
5. GLOBAL POLYPHENOLS MARKET COVID-19 IMPACT
6. GLOBAL POLYPHENOLS MARKET REVENUE (USD MN), 2019-2027F
7. MARKET INSIGHTS BY TYPE
8. MARKET INSIGHTS BY APPLICATION
9. MARKET INSIGHTS BY REGION
10. POLYPHENOLS MARKET DYNAMICS
11. POLYPHENOLS MARKET OPPORTUNITIES
12. POLYPHENOLS MARKET TRENDS
13. LEGAL & REGULATORY FRAMEWORK
14. DEMAND AND SUPPLY-SIDE ANALYSIS
15. VALUE CHAIN ANALYSIS
16. COMPETITIVE SCENARIO
17. COMPANY PROFILED
18. DISCLAIMER