Market Overview
Polyphenols are micronutrient, which are naturally present in plants. Polyphenols are a group of about 500 unique types and are collectively called phytochemicals.
The global 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. Furthermore, due to antioxident properties, they are extensively used in cosmetics & personal care products such as moisturizers, anti-wrinkle, and skin whitening products. The growing health issues and awareness amongst the geriatric population across the globe is the major factor driving growth of the polyphenol market.
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Epigallocatechin-3-gallate (EGCG) is a polyphenol used for cancer treatment because it inhibits the growth of the blood vessels that feed the tumor. They promote healthy bone and brain growth and help in intestinal & hepatic conjugation, and plasma transport. Some of the polyphenols such as pomegranate peel are traditionally used as dyes for non-synthetic fabrics in the Indian subcontinent. Moreover, polyphenol is excellent renewable substitutes for non-renewable food dyes such as tartrazine, sodium nitrite, propyl gallate, silicon dioxide, and others. Government organization such as Food and Drug Administration has eliminated supplements that may contain 1,3-dimethylamylamine, methylhexanamine, or geranium, which is likely to augment the market growth. Additionally, European Food Safety Authority (EFSA) has approved the use of polyphenol to ensure the health of European consumers and the safety of the food and feed chain. However, according to the American Society for Clinical Nutrition, excessive intake of polyphenols could potentially interfere with iron absorption and may induce iron deficiency. Growing R&D activities in medical and nutrition is expected to fuel the market growth. For instance, scientists from Icahn School of Medicine at Mount Sinai worked on the analysis of grape-derived compounds named dihyfrocaffeic acid (DHCA) and malvidin-3′-O-glucoside (Mal-gluc), which might developed as therapeutic agents for the treatment of depression.
Market Segmentation
The global polyphenol market is segmented on the basis of source, type, application, and region.
On the basis of the source, the global polyphenol market is segmented into fruits, vegetables, whole grains, nuts, legumes, beverages, spices, and others.
The global market is segmented based on type into flavonoids, phenolic acids, stilbenes, and lignans.
Based on the application, the global polyphenol market is segmented into functional food & beverage, dietary supplement, cosmetics, pharmaceuticals, and others.
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Key Points from Table of Content:
7. Global Polyphenol Market By Source
7.1 Introduction
7.2 Fruits
7.2.1 Market Estimates & Forecast, 2017-2023
7.2.2 Market Estimates & Forecast By Region, 2017-2023
7.3 Vegetables
7.3.1 Market Estimates & Forecast, 2017-2023
7.3.2 Market Estimates & Forecast By Region, 2017-2023
7.4 Whole Grains
7.4.1 Market Estimates & Forecast, 2017-2023
7.4.2 Market Estimates & Forecast By Region, 2017-2023
7.5 Nuts
7.5.1 Market Estimates & Forecast, 2017-2023
7.5.2 Market Estimates & Forecast By Region, 2017-2023
7.6 Legumes
7.6.1 Market Estimates & Forecast, 2017-2023
7.6.2 Market Estimates & Forecast By Region, 2017-2023
7.7 Beverages
7.7.1 Market Estimates & Forecast, 2017-2023
7.7.2 Market Estimates & Forecast By Region, 2017-2023
7.8 Spices
7.8.1 Market Estimates & Forecast, 2017-2023
7.8.2 Market Estimates & Forecast By Region, 2017-2023…to be Continue
Regional Analysis
The global polyphenol market is segmented into five regions of Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The Asia Pacific is the largest region owing to the abundant availability of feedstock to produce polyphenols in the region. The high consumption of the product in the pharmaceuticals and food & beverage industries in Japan, India, and China is another driver of the global market.
The North American market is the second largest region in the global market on account of high penetration of the product in the food & beverage and cosmetics industry coupled with the high disposable income in the U.S. and Canada.
Europe is expected to showcase significant growth due to the increasing health awareness and the benefits of consumption of polyphenols.
Latin America is growing on the backdrop of the changing food consumption habits and growing health awareness in this region.
Competitive Analysis
- Naturex
- Ajinomoto OmniChem N.V.
- Indena S.p.A.
- Frutarom
- Diana Group
- MB- Holding GmbH & Co. KG
- Guilin Layn Natural Ingredients Corp.
- Chr. Hansen Holding A/S
- DuPont Nutrition & Health
- Archer Daniels Midland Company
Intended Audience
- Polyphenol Manufacturers
- Traders and distributors of polyphenol
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratory
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