Polyphenol Market Size, Share, Industry Growth, Future Demand and Trends and Forecast 2018-2023
Feb 15, 2019
polyphenol market is primarily driven by the increasing awareness about gaining health benefits by their consumption. They are used for the treatment of cancer, diabetes, chronic, and cardiovascular diseases owing to their antioxidants and anti-inflammatory properties
Pune, India - February 15, 2019 /MarketersMedia/ —
The global polyphenol market is growing pervasively mainly due to the spreading awareness towards the health benefits that consumption of polyphenol can offer. Rapidly increasing health concerns, alongside the growing geriatric population across the globe act as a major tailwind that pushes up the market growth. Moreover, factors such as the increasing R&D activities in medical and nutrition escalates the market on the global platform.
Acknowledging the exponential traction, this market has garnered so far, Market Research Future (MRFR), in its recently published study report affirms that the global Polyphenol market is projected to accrue exponentially by 2023 registering a phenomenal CAGR during the review period (2018 to 2023).
Polyphenols are micronutrient that is naturally present in plants (plant-based), and consumption of these nutrients can certainly offer several health benefits. For instance; owing to their antioxidants and anti-inflammatory properties, Polyphenols are used in the treatment of chronic diseases such as diabetes, cancer, and cardiovascular diseases.
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These antioxidant properties also make polyphenols an irreplaceable ingredient to be used in cosmetics & personal care products such as moisturizers, anti-wrinkle, and skin whitening products. Additionally, polyphenol can excellently substitute non-renewable food dyes such as sodium nitrite, tartrazine, propyl gallate, and silicon dioxide among others.
Additional factors fuelling the market growth include a growing population, rapid urbanization, growing prevalence of chronic diseases, and the spreading awareness about the benefits of Polyphenol. With the time people are increasingly inclining towards maintaining a healthy lifestyle and a healthy diet which, in turn, fosters market growth.
Furthermore, improving economic conditions, worldwide, provide impetus to the market growth improving the quality of life and increasing the availability of quality products like supplements & cosmetics making them affordable.
Global Polyphenol Market - Segments
The MRFR analysis is segmented into four key dynamics for enhanced understanding.
By Source : Fruits, Vegetables, Whole Grains, Nuts, Legumes, Spices, and Beverages among others.
By Type : Flavonoids, Phenolic Acids, Stilbenes, and Lignans among others.
By Application : Food & Beverage, Dietary Supplement, Cosmetics, and Pharmaceuticals among others.
By Regions : Asia Pacific, North America, Europe, and the Rest-of-the-World.
Global Polyphenol Market - Regional Analysis
The Asia Pacific region, heading with the burgeoning food & beverage industry leads the global polyphenol market. Growing markets in rapidly developing countries such as India and China will keep fostering the regional market positioning it to the world’s largest market for polyphenol throughout the forecast period.
The ever-increasing population that is fostering the demand for food is another key driving force pushing the growth of the regional market up. Moreover, the rapid urbanization and the industrialization alongside the growing health concerns in the region is boosting the growth of the APAC polyphenol market over the assessment period.
The North American region holds the second position in the global polyphenol market in terms of the size. Factors such as the high per capita income, high demand for food & beverage industries in the U.S. and Canada, and the high penetration of the polyphenols in cosmetics, personal care products, and pharmaceuticals are other major drivers of the market in the region.
Also, the growing inclination towards functional food & beverages alongside the well-spread awareness towards the benefits that polyphenol can offer, accelerate the market growth.
The Polyphenol market in the European region, driven by the change in consumption pattern and health awareness, is rapidly emerging as a promising market. Growing with the increasing demand for the nutritional and functional food, markets in the UK, France, and Germany drive the growth of the regional market.
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Global Polyphenol Market – Competitive Analysis
Highly competitive, the polyphenol market appears to be fragmented owing to the presence of several large and small-scale players accounting for a substantial market share. Emphasizing on new product development initiatives, and geographical expansion; Producers compete based upon price and brand reinforcement. Well-established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain a competitive advantage and to maintain their market positions.
Major Players:
Key players leading the global polyphenol market include Ajinomoto OmniChem N.V. (Belgium), Naturex (France), Indena S.p.A. (Italy), Diana Group (France), Frutarom (Israel), MB- Holding GmbH & Co. KG (Germany), Chr. Hansen Holding A/S (Denmark), Guilin Layn Natural Ingredients Corp. (China), DuPont Nutrition & Health (Denmark), and Archer Daniels Midland Company (U.S.) among others.
Industry/ Innovation/ Related News:
January 14, 2019 –-- Researchers at Rutgers University (the US), a center for polyphenols research published their study of a critical assessment they conducted for the various strategies that have been tried to boost the uptake of these hard to absorb ingredients.
The study indicates that several promising strategies can help boost the bio-efficiency of grape polyphenols and boost their utility as neuroprotective ingredients. Altering the gut microbiota to improve uptake was seen as especially beneficial.
Apart from the well-established health claims towards many traditional degenerative diseases including cardiovascular diseases, cancers and type II diabetes, mounting evidence shows that GPPs also help prevent or delay the onset of neurodegenerative diseases through multiple pathways.
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Website: https://www.marketresearchfuture.com/reports/polyphenol-market-5844
Source: MarketersMedia
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