U.S. and Europe polyphenol Market in Emerging Economies will witness a CAGR of 5.0% through 2025
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U.S. and Europe polyphenol market is expected to reach $584,90 billion by 2025, growing at a CAGR of 5.0% and a market volume of 17,892 tons, with a CAGR of 7.7% during the forecast period. The report provides a detailed analysis of the key winning strategies, drivers & opportunities, market share, key segments, top investment pockets and competitive scenario.
Growth in awareness of consumers toward health benefits offered by polyphenols, rise in preference of polyphenols extracted from herbal products over synthetic products, and increase in ag have fueled the growth of the U.S. and Europe polyphenol Market. On the other hand, complex manufacturing process of polyphenols has checked the growth to certain extent.
Nevertheless, increase in applications of polyphenols, rise in health consciousness, and growth in application of passion fruit have created multiple opportunities in the segment.
Based on type, the grapeseed segment held the largest market share in 2017, and is expected to grow at a CAGR of 4.9% from 2018 to 2025. The passion fruit segment, on the other hand, is anticipated to grow at the fastest CAGR of 6.7% during the estimate period. Based on application, the functional beverages segment accounted for the largest share of value in 2017, and is estimated to grow at a CAGR of 5.4% from 2018 to 2025. Based on region, Europe polyphenol market share was the highest in terms of market value, growing at a CAGR of 4.9% during the study period.
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Major Players: Cargill Inc., Koninklijke Dsm N.V., Frutarom Industries Ltd., Futureceuticals, Inc., Swanson Health Products, Amax Nutrasource, Inc., Herza Schokolade GmbH and Co. Kg, Berkem, Indena S.P.A., and Glanbia Nutritionals, Inc.
These players have adopted various market strategies such as partnerships, collaboration, mergers & acquisitions, and new product launch to strengthen their foothold in the industry.
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