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Polyphenols Market Report 2023 : Size, Trends, Drivers, Growth And Outlook 2032 | Archer Daniels Midland Company, Cargill, Inc., Diana Naturals SAS (Diana Food), Frutarom Health, Glanbia Nutritionals, Inc.
Polyphenols Market Share
The Business Research Company's Polyphenols Global Market Report 2023 identifies rising awareness about the benefits of herbal products over synthetic drugs as the major driver for the Polyphenols market's growth in the forecast period. The usage of herbal medicines and polyphenols or nutraceuticals is quickly expanding across the world, with many individuals increasingly turning to these products for the treatment of various health concerns in various national healthcare settings. Recent years have clearly seen a tremendous increase in acceptance and public interest in natural therapies, both in developing and developed countries.
The global polyphenols market size grew from $1.87 billion in 2022 to $2.1 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The polyphenols market size is expected to grow to $3.54 billion in 2027 at a CAGR of 13.9%.
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Major competitors in the Polyphenols market are Archer Daniels Midland Company, Cargill, Inc., Diana Naturals SAS (Diana Food), Frutarom Health, Glanbia Nutritionals, Inc., Kemin Industries, Inc., Naturex SA, Sabinsa Corporation, Amax NutraSource, Inc., Barry Callebaut AG, Blue California, Chr. Hansen Holding A/S, Guilin Layn Natural Ingredients Corp., and Herza Schokolade GmbH & Co. KG.
A key trend in the Polyphenols market includes product launches have emerged. Many companies operating in polyphenols are developing new products with emerging technologies to meet the industry demand and strengthen their market position across the globe. For instance, in July 2022, Genosa, a Spain-based company engaged in the production of olive fruit-derived natural extracts high in hydroxytyrosol, launched phenol-rich olive fruit extract. The amount of polyphenols in Hytolive Infinity is standardized by up to 25% and amounts to about 1,000 parts per million (ppm).
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The Polyphenols market is segmented -
By Type: Flavonoids, Phenolic Acids, Stilbenes, Lignans
By Source: Fruits, Vegetables, Whole Grains
By Application: Food & Beverage, Cosmetics, Pharmaceuticals
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Polyphenols market.
The Business Research Company's "Global Polyphenols Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Polyphenols Market Include:
1. Executive Summary
2. Polyphenols Market Characteristics
3. Polyphenols Market Trends And Strategies
4. Polyphenols Market - Macro Economic Scenario
5. Polyphenols Market Size And Growth
……
26. Africa Polyphenols Market
27. Polyphenols Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polyphenols Market
29. Polyphenols Market Future Outlook and Potential Analysis
30. Appendix
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