Tea polyphenols market to Observe Astonishing Growth via functional beverage applications over 2018-2024 | ADM, DuPont, FutureCeuticals, Martin Bauer Group, Berkem, Amax NutraSource Inc., Sun Time Tea Company, Shaanxi Dongyu Tea, Tea’s Me Company

Global Market Insights, Inc. has added a new report on tea polyphenols market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of market in tandem with its competitive terrain.

Tea polyphenols market from functional beverage application would surpass over USD 170 million by 2024. The production and consumption of functional beverages have gained importance as they provide health benefit beyond basic nutritional functions. Beverages are by far most active category owing of convenience and possibility to meet buyer demands. They detoxify the body along with providing essential vitamins and minerals thus, propelling market growth.

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Green tea polyphenols industry from cosmetic application may observe gains up to 6.5% in the estimated timeframe. Global organic cosmetic industry was valued at 12.5 billion in 2017 and is expected to grow at 7%. The extracts are utilized in cosmetic products due to its antioxidant abilities for detoxifying from free radicals and treating dull & dry skin. Changing preferences of consumers for organic toner, moistures, and face serums would drive tea extract product demand.

Increasing health awareness and consumer inclination towards organic products would drive global tea polyphenols market. For producing the product, tea leaves are utilized in unfermented, semifermented and fully fermented state. It contains amino acids which helps to cure high blood pressure and obesity. It is fused in food & beverages to enhance their nutritional benefit as well as to innovate products.

Acceptance of tea polyphenols owing to rising youth population and their purchasing power contributes to a major share in sales. It is usually consumed as a beverage though the product is also incorporated into snacks and cookies, thus driving market growth.

Companies Profiled based on Business Overview, Strategic Outlook & SWOT Analysis:
1. Archer Daniels Midland Company
2. DuPont
3. Ajinomoto OmniChem Sabinsa Corporation
4. FutureCeuticals
5. Martin Bauer Group
6. INDENA SPA
7. Berkem, Amax NutraSource Inc.
8. Sun Time Tea Company
9. Shaanxi Dongyu Tea
10. Tea’s Me Company

As more studies bring to light the positive effects tea polyphenols can have on the human body, tea polyphenols market has come to gather increased impetus. The world is now searching means to fighting chronic diseases like cancer, diabetes, obesity and cardiovascular disorders by leading a healthy lifestyle. Tea consumption, which has been mainstream in countries like China and Japan for centuries but has been adopted by the western world much more recently, has demonstrated significant benefits in this regard.

Camellia sinensis is an essential raw material for producing these extracts. The production is mainly concentrated in Japan, China, Australia and India which makes procurement of Camellia sinensis difficult. Heavy expenditure incurred in transportation from these regions adds up to final cost for manufacturing product, thus affecting tea polyphenols industry profitability.

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Cancer, the disease that has shaken the medical world and the incidence of which been increasing at an alarming rate has been found to be inversely related to tea consumption. Tea polyphenols market stands to gain significant revenue as it is increasingly coming to light through various epidemiological studies that the potential health benefits associated with tea consumption can partially be attributed to the antioxidative characteristics of tea polyphenols.

Higher prices of green tea polyphenols compared to other beverages including oolong and black tea with little buyer awareness towards product might hinder industry growth. Other restrictive factors include high production cost incurred owing to environmental and transportation with being a labor-intensive industry. This can be overpowered by increasing capital by industry players to expand their product portfolio.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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This release was published on openPR.