Tea Polyphenols Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 8.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Tea Polyphenols Market Analysis
The global tea polyphenols market is expected to register a CAGR of 8.5% during the forecast period (2020-2025).
- The market growth is attributed to the increasing application areas of tea polyphenols because of their various benefits. Tea polyphenols consist aflavins, tannins, catechins, and flavonoids.
- The increasing aging population across the world is fueling the production and consumption of tea polyphenols in various applications, such as ready-to-drink teas, nutraceutical supplements, teas, and functional beverages.
- Tea polyphenols are also finding a growing space in the cosmetic industry, due to their beneficial biological characteristics, like their anti-aging properties.
Tea Polyphenols Market Trends
This section covers the major market trends shaping the Tea Polyphenols Market according to our research experts:
Increasing Usage of Plant-based Polyphenols in Nutraceuticals
Plant polyphenols have potential health benefits, which is resulting in their high demand from the pharmaceutical and nutraceutical industries. Thus, the increased demand for nutraceuticals among consumers is driving the global polyphenol market. Polyphenol possesses numerous beneficial therapeutic properties. Hence, the usage of polyphenols as nutraceuticals is gradually emerging as an opportunity for the market, and this is gaining considerable attention from consumers. There isevidence that strongly supports the role of polyphenols in preventing major chronic diseases, such as Type II diabetes, cardiovascular diseases, cancers, osteoporosis, and neurodegenerative diseases. Moreover, polyphenol-based nutraceuticals help in body weight regulation. Some of the other nutraceutical implications of tea polyphenols are cancer chemotherapy of digestive and urinary tract organs, respiratory system, skin cancer, etc.
North America Holds a Prominent Share
The demand for tea polyphenols, especially in the form of functional foods, increased substantially in the past five years, owing to the paradigm shift of consumer preference toward super foods over supplements. Epidemiological evidence links the habitual consumption of tea with reduced risk of cardiovascular disorders and cancer. Green tea has been known to prevent dental caries for decades. The EGCG present in tea has received significant attention for its effects on the inhibition of HIV infection and multidrug-resistant staphylococcus aureus infections in the region. Cancer remains the second leading cause of death in the United States. Studies have shown that 30-40% of all cases of cancers can be prevented by combining a healthy diet with exercise. These factors have led to the growth of the tea polyphenols market in the region.
Tea Polyphenols Industry Overview
The global tea polyphenols market is fragmented, with various small and large players operating in the market. The market is gaining popularity due to the growing demand from various application areas, owing to the increasing health consciousness among consumers. Some of the players operating in the market are Dupont, IFF (Frutarom Health), and Martin Bauer Group.
Tea Polyphenols Market Leaders
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Amax NutraSource, Inc.
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IFF(Frutarom Health)
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DuPont
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Martin Bauer Group
*Disclaimer: Major Players sorted in no particular order
Tea Polyphenols Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Application
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5.1.1 Food and Beverage
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5.1.2 Cosmetics
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5.1.3 Dietary Supplements
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5.2 Geography
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5.2.1 North America
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5.2.1.1 United States
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5.2.1.2 Canada
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5.2.1.3 Mexico
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5.2.1.4 Rest of North America
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5.2.2 Europe
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5.2.2.1 Spain
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5.2.2.2 United Kingdom
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5.2.2.3 Germany
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5.2.2.4 France
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5.2.2.5 Italy
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5.2.2.6 Russia
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5.2.2.7 Rest of Europe
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5.2.3 Asia-Pacific
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5.2.3.1 China
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5.2.3.2 Japan
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5.2.3.3 India
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5.2.3.4 Australia
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5.2.3.5 Rest of Asia-Pacific
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5.2.4 Rest of the World
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Amax NutraSource Inc.
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6.4.2 A. Holliday & Company Inc.
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6.4.3 SV Agrofood
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6.4.4 IFF (Frutarom Health)
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6.4.5 DuPont
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6.4.6 Martin Bauer Group
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6.4.7 Taiyo International
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6.4.8 Sabinsa
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Tea Polyphenols Industry Segmentation
The global tea polyphenol market is segmented by application into food and beverage, dietary supplements, cosmetics, and other applications. The market also contains market information of different regions of world. By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World.
By Application | |
Food and Beverage | |
Cosmetics | |
Dietary Supplements |
Geography | |||||||||
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Rest of the World |
Tea Polyphenols Market Research FAQs
What is the current Tea Polyphenols Market size?
The Tea Polyphenols Market is projected to register a CAGR of 8.5% during the forecast period (2024-2029)
Who are the key players in Tea Polyphenols Market?
Amax NutraSource, Inc., IFF(Frutarom Health), DuPont and Martin Bauer Group are the major companies operating in the Tea Polyphenols Market.
Which is the fastest growing region in Tea Polyphenols Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Tea Polyphenols Market?
In 2024, the North America accounts for the largest market share in Tea Polyphenols Market.
What years does this Tea Polyphenols Market cover?
The report covers the Tea Polyphenols Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Tea Polyphenols Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Tea Polyphenols Industry Report
Statistics for the 2024 Tea Polyphenols market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Tea Polyphenols analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.