Polyphenol Market to Reach $1.1 Billion by 2022, Driven by Health Consciousness and Functional Beverages

According to a new report published by Allied Market Research, titled "Polyphenol Market by Product Type and by Application: Global Opportunity Analysis and Industry Forecast, 2014-2022," the global polyphenol market was valued at $757 million in 2015 and is expected to reach $1,127 million by 2022, growing at a CAGR of 8.26% from 2016 to 2022. Functional beverages dominated the market in 2015, with a two-fifths share in terms of revenue.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/1808

The rise in demand for herbal products, the increase in health benefits offered by polyphenols, and the growth of the geriatric population are the major factors that fuel the polyphenol market's growth. The anti-aging properties associated with polyphenols coupled with antitumor and anti-carcinogenic properties result in their applications in cosmetics and medical sectors, respectively. In addition, the brewing industry is expected to witness increased consumption of polyphenols owing to their application in liquors and wines. The increase in the elderly population has given rise to the demand for fortified food supplements to reduce the effects of chronic diseases, which is expected to positively impact the polyphenol market.

In 2015, graseed polyphenols occupied more than half of the total share by revenue, owing to their application in treatments of atherosclerosis (hardening of the arteries), high blood pressure, high cholesterol, poor circulation, complications related to diabetes, nerve and eye damage, vision problems, swelling after injury or surgery, and cancer prevention. Furthermore, investments in R&D activities and technological advancements are anticipated to propel the demand for polyphenols, with potential scope for expansion.

In the past few years, many countries have recognized lifestyle-related diseases as a key concern, which has led to rise in health consciousness among consumers. In addition, increase in consumer awareness regarding health benefits associated with the consumption of polyphenol fuels its demand across the globe. For instance, polyphenol help in weight loss, control blood sugar level, lower the risk of cardiac diseases and others. Furthermore, upsurge in geriatric population and alarming incidence of chronic diseases have changed the eating patterns of consumers. In addition, owing to busy lifestyle and hectic schedules, consumers are now seeking out healthy drinks which include polyphenol as a key ingredient that can help enhance their physical and mental wellness, which is also one of the emerging polyphenol market trend. Thus, all these factors collectively boost the demand for polyphenol, thereby contributing toward the growth of the market globally.

The polyphenol market is segmented on the basis of product type, application, and region. By type, it is categorized into apple, green tea, seed, and other polyphenols. By type, the market is segmented into flavonoid, resveratrol, phenolic acid and lignin. On the basis of application, the market is subdivided into functional beverages, functional foods, dietary supplements, and others. A major consumer shift toward their health has been witnessed, which may increase the demand for new products in the developing market. On the basis of region, the market is classified into North America, Europe, Asia-Pacific, and LAMEA.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 (𝟒𝟒𝟒 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @ https://www.alliedmarketresearch.com/checkout-final/b375a7b0a46b702cf4f85d7c5c2f3725

𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲

In 2015, green tea occupied approximately one-fourth of the total share in terms of revenue.

North America is expected to expand with a CAGR of 4.78% in the gape seed polyphenol market from 2016 to 2022.

In 2015, functional food occupied approximately one-third of the total share in terms of revenue

Europe and North America together occupied approximately half of the total share in 2015.

Europe is expected to expand with a CAGR of 8.02%.

In 2015, Asia-Pacific dominated the market with two-fifths of the total share, followed by North America. rise in health awareness coupled with increase in application of polyphenols in cosmetics and dietary supplements is estimated to boost the market in these regions, with potential growth in coming years.

Top market players in this sector include Naturex, Layn Natural Ingredients, DuPont-Danisco, ADM, Ajinomoto Omnichem Natural Specialties, Barry Callebaut, PROVA, and CEMOI.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/1808

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