Report Ocean has released a market research report on the Catechin industry, covering 150+ countries and analyzing over 1,00000 published and forthcoming reports per year. The report, prepared by subject matter experts, researchers, and market research professionals, utilizes various methodologies and analytical approaches, including S.W.O.T. and P.E.S.T.E.L. analysis and regression analysis, to forecast market growth. It also examines the industry’s regulations and policies and potential future advancements.
The global catechin market size was US$ 15403.3 thousand in 2021. The global catechin market size is forecast to reach US$ 21,634.8 thousand by 2030, growing at a compound annual growth rate (CAGR) of 3.9% during the forecast period from 2021 to 2030.
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Catechin is an organic compound related to flavonoids. Tea leaves, broad beans, apricots, black grapes, strawberries, cherries, and berries are the most common sources. Cosmetics manufacturers use them to manufacture skin and hair care products. Pharmaceutical companies use them to treat a variety of diseases.
Factors Influencing Market Growth
- A rise in chronic diseases, an increase in cancer prevalence, technological advancements in catechin manufacturing, and rapid growth in the geriatric population are the primary drivers of growth for the global catechin market.
- Consumer apathy about catechin product benefits is a significant factor holding back the global market growth.
- A growing awareness of catechin’s health benefits, coupled with an aging population, will provide a significant growth opportunity for the global market.
- Increased consumer spending and favorable government policies are forecast to drive market growth in the food and beverage industry.
Impact Analysis of COVID-19
COVID-19 had a moderate impact on the catechin market. As a result of the unexpected shutdown of the manufacturing operation and catechin extraction, the product’s supply chain has suffered. In addition to causing a demand-supply discrepancy, this has also affected the company’s revenue.
Regional Insights
Asia Pacific grew at the fastest rate and is forecast to witness a CAGR during the forecast period. China is the leading producer and consumer of the product in the region due to consumer awareness of a healthy lifestyle and high spending on functional food and beverages.
During the forecast period, North America is forecast to grow at the fastest rate. As a result of an increase in the consumption of functional foods and beverages in the region. In addition, the U.S. Food and Drug Administration (FDA) has approved the use of green tea sinecatechin to treat anogenital warts. Furthermore, improved healthcare measures to avoid the onset of various diseases and government attempts to enhance the national health standard contributed to the expansion of the dietary supplements market in the country, which is expected to increase demand.
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Leading Competitors
The leading prominent companies profiled in the global catechin market are:
- Arjuna Natural Extracts Limited
- BiosynthCarbosynth
- Botaniex Incorporated
- Cayman Chemical Company
- Chengdu Wagott Bio-tech Co. Limited
- Hunan Sunfall Bio-tech Co. Limited
- Indena
- INDOFINE Chemical Company Incorporated
- Infré SA,
- Taiyo International
- Other Prominent Players
Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Scope of the Report
The global catechin market segmentation focuses on Source, Type, Application, and Region.
Segmentation based on Source
- Tea
- Fruits
- Others
Segmentation based on Type
- Epigallocatechin (EGC)
- Epigallocatechin-3- Gallate (EGCG)
- Others
Segmentation based on Application
- Pharmaceuticals
- Food & Beverages
- Dietary Supplements
- Others
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Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
What our reviews offer:
- Market share assessments for the regional and country-level segments
- Strategic hints for the new entrants
- Covers market facts for 2023, until 2031
- Market tendencies (drivers, opportunities, threats, challenges, funding opportunities, and recommendations)
- Strategic pointers in key enterprise segments based totally on the market estimations
- Competitive landscaping mapping the key frequent trends
- Company profiling with specified strategies, financials, and current developments
- Supply chain tendencies mapping the modern day technological advancements
Catechin Market Research Report Scenario includes:
>The report provides qualitative and quantitative trends of global Catechin Market across type, type of products, service, and geography.
>The report starts with the key takeaways, highlighting the key trends and outlook of the global Catechin Market.
>Provides the research methodology of the study.
>Further provides PEST analysis for each region.
>Highlights the key industry dynamics in the Catechin Market, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.
>Discusses the global Catechin Market scenario, in terms of historical market revenues, and forecast till the year 2031.
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