The latest intelligence report published by Report Ocean, titled “Global “Polyphenol Market“2023: Increase in Demand and Opportunities,” offers valuable insights into the industry. The report provides a comprehensive analysis of research and information from various sources, empowering decision-makers worldwide to make a significant impact on the global economy. With a dynamic vision of the market size, statistics, and competitive landscape, the report presents a complete overview of the industry. It covers future trends, growth factors, consumption, production volume, CAGR value, opinions, profit margin, pricing, and industry-validated market data. This report assists individuals and market competitors in predicting future profitability and making crucial decisions for business growth.
The global polyphenol market is expected to grow at a CAGR of 8.26% from 2016 to 2022 to reach $1,121 million by 2022, which was estimated at $757 million in 2015. Polyphenols, also known as phytochemicals, are secondary metabolites found abundantly in natural plants that act as antioxidants. They help human body to protect against damage caused by aggression by pathogens, free radicals, and active atoms that result in tissue damage. Over 8,000 polyphenols have been identified in tea, wine, chocolates, fruits, vegetables, olive oil, and others. The health effects of polyphenols depend on the amount consumed and their bioavailability.
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Polyphenols have diverse health benefits including prevention of cancer, inhibition of angiogenesis, protection of skin against ultraviolet radiations, antiaging property, promotion of brain health, maintenance of blood sugar level, and protection of the cardiovascular system. Moreover, many skin care products or cosmeceuticals have been developed with polyphenol-enriched plant extracts. Polyphenols also help in prevention of UV-induced skin photo-damage, which includes the risk of skin cancer.
The market is driven by the growth in aging population in developed as well as developing countries owing to rise in health consciousness. Moreover, increase in awareness of health benefits offered by polyphenol is also expected to boost the market growth. For instance, consumption of polyphenols limits the risk of coronary heart diseases; and resveratrol, the wine polyphenol, prevents platelet aggregation. Other factors such as rise in preference of herbal products over synthetic products is also expected to drive the market. However, complex manufacturing process and stringent regulations over the approval of polyphenol limit the growth of the market. Increase in demand owing to a number of applications of polyphenols provides growth opportunities to the global polyphenol market.
The market is segmented based on the product type, application, and geography. Based on product type, it is divided into apple, green tea, grape seed, and others. Based on application, it is classified into functional beverages, functional food, dietary supplement, and others. Based on geography, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
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KEY BENEFITS FOR STAKEHOLDERS:
This report provides an extensive analysis of the current and emerging trends and dynamics in the global polyphenol market, which assist in identifying the prevailing market opportunities.
In-depth analysis was done by constructing market estimations for the key segments between 2014 and 2022.
Current research and clinical developments within the market are provided to understand the market behavior.
Major players profiled in this study are as follows:
Naturex
Layn Natural Ingredients
DuPont-Danisco
ADM
Ajinomoto Omnichem Natural Specialities
Barry Callebaut
PROVA
CEMOI
KEY PLAYERS
Indena S.P.A.
Frutarom Ltd
Martin Bauer Group
DSM
HERZA Schokolade GMBH & Co. KG
Futureceuticals
Glanbia Nutritionals
Amax NutraSource Inc
Sabinsa Corporation
Kemin Health
Cargill Inc
Blue California
Fruitomed
KEY MARKET SEGMENTS:
By Product Type
Apple
Green Tea
Grape Seed
Others (Cocoa, Olive, Peppermint)
By Application
Functional Food
Functional Beverage
Dietary Supplements
Others
By Geography
North America
Europe
Asia-Pacific
LAMEA
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
Market Dynamics:
Drivers:
- Increasing emphasis on self-care and wellness, particularly among women. A
- Growing awareness of the health and beauty benefits offered by dietary supplements.
- Rising disposable incomes and willingness to invest in premium health and beauty products.
- Influence of social media and beauty influencers shaping consumer preferences.
- Changing lifestyles and health concerns driving the demand for supplementary nutrition.
Restraints:
- Lack of regulatory oversight and quality control in the supplements industry.
- Consumer skepticism and confusion regarding product claims and effectiveness.
- Potential risks and interactions with other medications or health conditions.
- Limited accessibility and affordability of supplements in certain regions.
Opportunities:
- Increasing demand for natural and organic supplements.
- Untapped market potential in the Asia-Pacific region.
- Development of innovative formulations and delivery methods.
- Collaborations with beauty brands or influencers for product endorsements.
- Integration of technology to personalize nutrition and enhance consumer experience.
Challenges:
- Intense competition among market players.
- Navigating regulatory complexities and meeting regional standards.
- Building trust and credibility with consumers.
- Educating consumers about the benefits and proper usage of supplements.
- Addressing concerns and skepticism regarding the safety and efficacy of supplements.
The report will include answers to the following key questions:
- What are the key current trends that can impact the product life cycle and return on investment?
- How do regulatory changes affect corporate, business, and functional strategies?
- Which initiatives by major players in micromarketing are likely to attract investment?
- What are the recommended frameworks and methodologies for conducting PESTLE analysis?
- In which areas are there emerging opportunities for growth and development?
- Which game-changing technologies will be instrumental in capturing new revenue streams in the near future?
- What operational and tactical frameworks are different players adopting to foster customer loyalty?
- What is the current level of market rivalry, and what is the expected degree of competition in the coming years?
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