Tea Polyphenols Market 2022-2028

Title:Global Tea Polyphenols Market Size, Share & Trends Analysis Report, By Product (Green Tea, Oolong Tea, and Black Tea), By Application (Functional Beverages, Functional Food, Dietary Supplements, and Cosmetics), Forecast Period (2022-2028).

The global tea polyphenols market is anticipated to grow at a CAGR of 8.0% during the forecast period. The rising number of lifestyle disorders such as diabetes, cancer, and the presence of important nutrients is supporting the growth of the global tea polyphenols market, as it contains a high quantity of polyphenolic content such as catechins and flavonoids which supports the prevention of such diseases. Flavonoids are phytonutrients with various nutrients and beneficial properties such as anti-inflammatory, anti-oxidants, preventing mutation, interfering with the development of cancer, and supporting the prevention of diabetes. According to the Centers for Disease Control and Prevention (CDC), around 37.3 million people in the US have diabetes (11.3% of the US population), and 96 million people aged 18 years or older have prediabetes (38.0% of the adult US population). These stats show the increasing prevalence of diabetes which also leads to kidney failure, lower-limb amputations, and adult blindness. As per the National Institutes for Health (NIH), various dietary polyphenols may influence blood glucose at different levels and may also support the control and prevent diabetes complications, which contributes to the growth of the global tea polyphenols market during the forecast period.

The global tea polyphenols market is segmented based on product and application. Based on the product, the market is segmented into green tea, oolong tea and black tea. Based on application, the market is segmented into functional beverages, functional food, dietary supplements, and cosmetics. The above-mentioned segments can be customized as per the requirements. Based on application, the functional beverages segment is anticipated to grow at the fastest rate during the forecast period. Owing to the rising demand from the young generation for convenience beverages owing to their busy lifestyle and significant nutrients in functional beverages is boosting the functional beverages segment. Tea polyphenols support weight management owing to the presence of various nutrients such as flavonoids, catechins, and anthocyanins. According to the World Health Organization (WHO), in 2019 there are about 1.2 billion youth aged 15 to 24 years in the world, or 16% of the global population. In the 47 least developed countries, the youth population is projected to increase by 62% over the next three decades, rising from 207 million in 2019 to 336 million in 2050.

The global tea polyphenols market is further segmented based on geography including North America (the US and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Asia-Pacific region is anticipated to grow at the fastest rate during the forecast period. Owing to the increase in the demand for packaged food and beverages, the demand for tea polyphenols has grown significantly during the forecast period. Packaged beverages such as ready-to-drink tea and other products use tea polyphenols as they add taste and flavor.

The major companies serving the global tea polyphenols market include Amax NutraSource, Inc., International Flavors & Fragrances Inc., Naturex SA (Givaudan SA), Botaniex, Inc., and Berkem Group. The market players are contributing to the market growth by the adoption of various strategies including partnerships, mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in February 2021, International Flavors & Fragrances Inc. merged with DuPont's Nutrition & Biosciences. The combined company will continue to operate under the name IFF, this merger will create a leading ingredients and solutions provider for the global food & beverage, home & personal care and health & wellness markets.

Research Methodology

The market study of the global tea polyphenols market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market.

• Whitepapers, research papers, and news blogs.

• Company websites and their product catalog.

The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

• Global Tea Polyphenols Market Research and Analysis by Product
• Global TEA POLYPHENOLS Market Research and Analysis by Application

The Report Covers:

• Comprehensive research methodology of the global tea polyphenols market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global tea polyphenols market.
• Insights about market determinants that are stimulating the global tea polyphenols market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.