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Emerging Growth Trends Driving Expansion in the Polyphenols Market
Polyphenols
Projected Growth and Market Size of the Polyphenols Market
The polyphenols market is anticipated to experience rapid growth, reaching a value of $4.86 billion by 2029. This expansion corresponds to a compound annual growth rate (CAGR) of 15.3% over the forecast period. Factors driving this growth include the rising popularity of personalized and targeted polyphenol supplements, the growing adoption of plant-based and vegetarian diets, and the increasing incorporation of polyphenols in pharmaceutical and healthcare products. Additionally, polyphenols are gaining traction in anti-aging and beauty formulations, with specialized blends being developed to cater to specific health requirements. Key trends expected to influence the market involve enhancements in bioavailability, strict regulatory compliance related to dietary polyphenol safety, availability of plant-based and vegan polyphenol options, personalized recommendations, growing collaboration between polyphenol producers and medical researchers, and the synergistic use of polyphenols alongside other natural compounds.
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Leading Companies Influencing the Polyphenols Industry
The polyphenols market features a diverse set of prominent players with a global footprint. These include The Archer-Daniels-Midland Company, Cargill Inc., Diana Naturals S.A.S. Unipersonelle, Frutarom Industries Ltd., Glanbia Nutritionals Inc., Naturex SA, Indena S.p.A, Ajinomoto Co Inc., Barry Callebaut AG, Seppic Inc., Tianjin Jianfeng Natural Product R & D Co Ltd., Royal DSM N.V., International Flavors & Fragrances Inc., Botaniex Inc., Chongqing Kerui Nanhai Pharmaceutical Co Ltd., Martin Bauer GmbH & Co, Aquanova AG, CPC Ingredients Ltd., Sabinsa Corporation, Xian Yuensun Biological Technology Co Ltd., Hunan Huacheng Biotech Inc., Changsha E.K. Biotechnology Co. Ltd., Shaanxi Jiahe Phytochem Co Ltd., Hunan Nutramax Inc., Hunan Sunfull Bio-tech Co Ltd., Hunan Huixin Biotech Inc., Hunan Huakang Biotech Inc., and Hunan Yuanhang Biotechnology Co Ltd.
An example of strategic expansion activity in this market is the acquisition carried out by ABF Ingredients in February 2022. ABF Ingredients, a UK-based supplier of innovative and value-added products, acquired Fytexia, a French life science company specializing in scientifically-backed active nutrients for healthcare products. This move broadens ABFI's capabilities and product portfolio to better serve the pharmaceutical, nutritional, and food industries.
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Emerging Trends Creating Opportunities in the Polyphenols Sector
Product innovation is a leading trend in the polyphenols market, with many companies leveraging new technologies to meet growing industry demand and strengthen their competitive position worldwide. For example, in July 2022, Genosa, a Spain-based producer of olive fruit-derived natural extracts rich in hydroxytyrosol, introduced the phenol-rich olive fruit extract Hytolive Infinity. This product standardizes polyphenol content at up to 25%, approximately 1,000 parts per million (ppm). Genosa's proprietary modification of its processing technology enables the production of high-purity hydroxytyrosol that is more stable and adaptable, all without the use of emulsifiers, additives, or solvents.
Important Segments Defining the Polyphenols Market
This report segments the polyphenols market into key categories to better understand its structure. The segmentation includes:
1) By Type: Flavonoids, Phenolic Acids, Stilbenes, and Lignans
2) By Source: Fruits, Vegetables, and Whole Grains
3) By Application: Food & Beverage, Dietary Supplements, Cosmetics, and Pharmaceuticals
Further subcategories break down the types as follows:
- Flavonoids into Flavonols, Flavones, Isoflavones, Flavanones, and Anthocyanins
- Phenolic Acids into Benzoic Acid Derivatives and Cinnamic Acid Derivatives
- Stilbenes into Resveratrol and Pterostilbene
- Lignans into Secoisolariciresinol and Matairesinol
These segments highlight the diversity within the polyphenols market and the various pathways through which these compounds are sourced and applied.
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