Green Tea Polyphenols Market Size, Share,Growth, Industry, Forecast and outlook (2024-2031)

Global tea production increased by 1.6 percent in 2022 compared to 2021, with higher green tea production. Worldwide, green tea production increased annually by 4.9 percent over the last decade. World green tea output is anticipated to grow at of 6.3 percent rate annually to reach 4.25 million tonnes in 2032. According to FAO 2022, worldwide tea exports have reached 1.84 million tonnes in 2022 with green tea exports, accounting for an annual increase of 2.0%.

Green tea is gathering much attention in the global market due to its wide benefits and multiple functionalities. Green tea polyphenols are natural compounds found in green tea and are responsible for many health benefits boosting the market growth. Ongoing scientific research and clinical trials continue to explore the health benefits of green tea polyphenols, significantly influencing consumer perception and market demand.Asia-Pacific accounted for the largest share of the global market. China remains the largest producer, accounting for nearly 50 percent of world tea production inclduing green tea, followed by India, with a 20.5 percent share.

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Market Dynamics

People are becoming more health-conscious and interested in products beyond basic nutrition. They are seeking functional foods and beverages that offer additional health benefits. Green tea polyphenols have a range of health advantages, including improved cognitive function and memory, weight management support, reduced risk of chronic diseases like cancer, heart disease, and Alzheimer's disease and enhanced skin health.People are increasingly turning to functional foods and dietary supplements infused with green tea polyphenols to address potential nutritional deficiencies and support their overall well-being. The convenience and perceived effectiveness of green tea polyphenols in every application are driving market growth. Growing consumer awareness is driving the demand for products fortified with green tea polyphenols.

Consumers are increasingly opting for natural and organic products. Green tea polyphenols, being naturally derived, benefit from this trend as they align with this preference for natural ingredients. Manufacturers are constantly innovating and developing new products with green tea polyphenols. This includes exploring new delivery methods, like capsules or and creating products with unique flavor profiles to cater to diverse consumer preferences or their use in personal care products.

The strong antioxidant power of green tea polyphenol drives its application in various applications including skin care products. The new product introductions highlighted the green tea polyphenol characteristics boost the market expansion. For instance, in April 2022, Novexpert launched an anti-stain line with green tea polyphenols. The Novexpert's two new anti-stain products are firm and clear and are used to reduce stains and make the complexion radiant. They are 100% natural and gaining people's attention.

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Segment Analysis

The global green tea polyphenols market is segmented based on application into food and beverage, dietary supplements, cosmetics, pharmaceuticals and others. The food and beverage segment accounted for the largest share of the increased demand for health-promoting products. Green tea polyphenols with their perceived health advantages align well with the trend that supports functional foods and beverages that offer health benefits.

Green tea polyphenols can be incorporated into a vast array of food and beverage products, including green tea, fortified beverages, functional beverages, yogurt, bakery items, and confectionery. These products are infused with green tea polyphenol extracts and are considered to be the healthier options due to their increased functional benefits. Food and beverage manufacturers utilise various techniques to mask the bitter taste of green tea polyphenols, making them more palatable.

Competitive Landscape

The major global players in the market include HealhtyHey Foods LLP, Life Extension, INLIFE PHARMA PRIVATE LIMITED, NESSO, Phyto Life Science P.Ltd., Fengchen Group Co., Ltd, NutriJa Lifesciences, Foreverest Resources Ltd., ETChem and ParkAcre Ltd.

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