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Catechin Market : Anticipated Growth To $21,099.9 thousand by 2030| Biosynth Carbosynth, Botaniex Inc., Cayman Chemical Company

09-20-2023 02:28 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Catechin Market

Catechin Market

The global catechin market size was valued at $14,825.2 thousand in 2020, and is projected to reach $21,099.9 thousand by 2030, registering a CAGR of 3.8% from 2021 to 2030. Catechin is a flavonoid-related organic compound. The most common sources are tea leaves, broad beans, apricots, black grapes, strawberries, cherries, and berries. They are widely used in the cosmetics industry to manufacture skin and hair care products. They are commonly used in the pharmaceutical industry to treat a wide range of diseases.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐Ž๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/request-sample/6955

Increase in demand for natural and organic products, surge in health awareness, and rise in prevalence of obesity and diabetes drive the growth of the global catechin market. However, lack of consumer awareness and high capital cost for extraction process restrain the market growth. On the other hand, surge in demand for functional food & beverages and widening application scope create new opportunities in the coming years.

๐“๐จ๐ฉ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

The key players in the global catechin market include Arjuna Natural Extracts Ltd., Biosynth Carbosynth, Botaniex Inc., Cayman Chemical Company, Chengdu Wagott Bio-tech Co. Ltd, Hunan Sunfall Bio-tech Co. Ltd, Indena, INDOFINE Chemical Company Inc., Infrรฉ SA, and Taiyo International.

The demand for potential protein substitutes for traditional protein sources has increased as the number of cases of protein malnutrition has surged. As a result of this requirement, catechin extraction from sustainable protein sources arose. Protein deficiency can result in health issues such as diabetes and cancer. Catechin consumption may reduce the risk of chronic non-communicable diseases. These factors boost catechin product sales, which are expected to aid the global catechin market growth.

๐๐ฎ๐ฒ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/checkout-final/6e8d8322519542f7664f7c27c8e51dc9

Based on source, the tea segment held the highest share in 2020, contributing to nearly three-fourths of the total share, and is estimated to continue its lead position during the forecast period. However, the fruits segment is projected to manifest the highest CAGR of 4.8% from 2021 to 2030.

Catechins are used to improve immunity, feminine health, oral health, skin health, weight control, diabetes, cognitive health, sport endurance, and cardiovascular health, in addition to digestive health. It has proven to be one of the most adaptable ingredients.

Owing to its importance in immune system strengthening, catechin had a moderate impact on the catechin industry to some extent. Catechin, in particular, has been lauded as an effective additional method for combating viruses such as influenza.

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ก๐š๐ฏ๐ž ๐š๐ง๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ฅ๐ž๐š๐ฌ๐ž ๐Ÿ๐ž๐ž๐ฅ ๐Ÿ๐ซ๐ž๐ž ๐ญ๐จ ๐œ๐จ๐ง๐ญ๐š๐œ๐ญ ๐จ๐ฎ๐ซ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐š๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/6955

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

Based on region, North America contributed to the largest share in 2020, accounting for around one-third of the total market share, and is projected to continue its dominance by 2030. However, Asia-Pacific is expected to portray the largest CAGR of 4.3% during the forecast period.

Asia-Pacific and North America are expected to drive market growth in the coming years. Rise in disposable income and surge in demand for dietary supplements are expected to be the primary drivers of market growth in these regions. Catechin applications in food and beverages, as well as pharmaceuticals, are major contributors to the catechin market.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  @: https://www.alliedmarketresearch.com/purchase-enquiry/6955

Based on application, the pharmaceuticals segment accounted for the highest share in 2020, contributing to nearly two-fifths of the total share of the global catechin market, and is expected to continue its leadership status during the forecast period. However, the food & beverage segment is projected to witness the fastest CAGR of 4.3% from 2021 to 2030.

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐›๐ฒ ๐€๐Œ๐‘ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Parmesan Cheese Market - https://www.alliedmarketresearch.com/parmesan-cheese-market-A47202

Flavor Enhancer Market - https://www.alliedmarketresearch.com/flavor-enhancer-market

Polyphenol Market - https://www.alliedmarketresearch.com/polyphenol-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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