Polyphenols Market Size, Share & Trends Report

Polyphenols Market Size, Share & Trends Analysis Report By Product (Grape Seed, Green Tea, Cocoa), By Application (Beverages, Food, Feed, Dietary Supplements, Cosmetics), And Segment Forecasts, 2019 - 2025

  • Published Date: Mar, 2019
  • Base Year for Estimate: 2018
  • Report ID: 978-1-68038-127-6
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2017
  • Number of Pages: 154

Industry Insights

The global polyphenols market size was valued at USD 1.28 billion in 2018 and is expected to register an estimated CAGR of 7.2% from 2019 to 2025. The market is anticipated to be driven by growth in the global functional food and beverages industry, along with technological advancements in the polyphenol extraction process. Rising awareness regarding herbal products instead of synthetic drugs is also expected to boost product demand.

Technological advancements and investments enable manufacturers to develop innovative product solutions catering to a wide range of applications. This is anticipated to boost sales over the forecast period. The Generally Recognized as Safe (GRAS) status awarded to the use of polyphenols in the food and beverage sector is expected to broaden their application scope, from beyond the niche nutraceutical sector to the largescale food and beverage industry.

U.S. polyphenols market

Polyphenols are micronutrients and phytochemicals with antioxidant properties. These products offer several health benefits associated with prevention of cardiovascular diseases, cancer, diabetes, neurodegenerative conditions, and aging and skin-related problems.

It also has an important prebiotic effect; they increase the ratio of beneficial bacteria in the gut, which is important for overall good health, weight management, and disease prevention. Changing demographics, along with growing consumer awareness regarding the health benefits associated with polyphenol consumption, is projected to positively influence industry growth.

Polyphenols are expected to gain traction primarily in the functional food market. They can be considered as functional foods as they provide various health benefits beyond basic traditional nutrition. The functional food market is expected to be driven by prevailing issues pertaining to obesity levels across the globe, coupled with the development of the food and beverages segment.

Product Insights

Grape seed dominated the global market in 2018. Polyphenols found in grape seeds include highly polymerized procyanidins, trimers, procyanidin dimers, epicatechin 3-O-gallate, and epigallocatechin. Its extracts have high antioxidant properties that address cardiovascular conditions, high cholesterol, skin allergies, eye diseases resulting from diabetes, cancer, and swelling caused by injury. Rising prevalence of chronic diseases is expected to bolster product demand over the forecast period.

Green tea emerged as the second-largest product segment. Green tea leaves consist of phenolic acids as well as flavonoids, which can make up to 10% of dry weight and 30% of fresh leaves of black tea. The main polyphenols found in green tea are catechin, epicatechin, epicatechin gallate, and epigallocatechin gallate (EGCG).

Cocoa and coffee beans have been long identified as polyphenols-rich food. Its extracts are considered to be beneficial for the treatment of several pathological disorders, including cardiovascular disease, inflammatory processes, and cancer. Health benefits, along with favorable flavor, are further anticipated to propel product demand.

Application Insights

Functional beverages emerged as the largest application segment in the polyphenols market in terms of revenue. Functional beverages provide overall nutrition and well-being to consumers and keep the body hydrated. Such drinks are stimulated drinks that prevent or address health issues across all age groups.

The fortification could range from ingredients such as vitamins, herbs, amino acids, and minerals to supplementary vegetables and raw fruits. Enhancement of various ingredients to cover the unpleasant taste of specific omega-3 fatty acids and amino acids has revolutionized the market for functional beverages. Growth in the functional beverage industry is expected to contribute positively to overall market growth.

Global polyphenols market

Functional foods emerged as the second-largest application segment in the industry. Functional foods play a significant role in preventive healthcare as they prevent the occurrence of diseases by strengthening the immune system. Rising awareness regarding preventive healthcare owing to various factors such as increasing disposable income, rising standard of living of consumers, and growing aging population is projected to foster product demand.

Dietary supplements have become increasingly popular among consumers seeking natural solutions to various health ailments. These natural supplements, as opposed to pharmacological solutions, are a natural way of treating a variety of illnesses related to gut health, gastrointestinal conditions, and immunity strengthening. Increasing consumption of select polyphenol-based dietary supplements is expected to drive industry growth.

Regional Insights

Asia Pacific emerged as the largest regional market for polyphenols, which can be attributed to the growing consumption of polyphenol-based products in China and Japan. The China market is dominated by green tea, which has been a product that holds immense cultural and traditional significance, unlike in other regional markets where it is considered a mere commodity.

Europe, led by Germany and U.K., emerged as the second-largest region in the global market. Growth in the nutraceutical industry is one of the major factors behind the development of this market. In Europe, the nutraceutical business is considered to be a mature market and relies heavily on the demand and supply scenario in pharma and food sectors. Growing functional food and beverage industry is attracting global players to invest in the development of dietary supplement products.

Polyphenols Market Share Insights

Expansions and product differentiation influence market participants. Collaborations are primarily employed as a strategy to ensure uninterrupted supply of raw materials and manufacturers have been engaged in increasing collaborations with market participants to capitalize on this trend.

Industry participants are heavily investing in R&D activities to enhance their product portfolio and achieve higher participation in the value chain. Companies such as Frutarom, Diana Naturals, and Chr. Hansen have adopted acquisition strategies to enhance their offerings and gain a substantial market share. Expansion and investment strategies are being undertaken by several companies in the market to increase their production capacity.

Prominent players involved in this industry include Cargill, Inc.; Chr. Hansen; Ajinomoto; Archer Daniels Midland (ADM); HERZA Schokolade GmbH& Co. KG; Indena S.p.A.; Martin Bauer Group; and Frutarom Ltd.

Report Scope

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2014 - 2017

Forecast period

2019 - 2025

Market representation

Volume in Tons, Revenue in USD Million & CAGR from 2019 to 2025

Region scope

North America, Europe, Asia Pacific, Middle East & Africa, Central & South America

Report coverage        

Revenue forecast, company share, competitive landscape, growth factors and trends

Country Scope

U.S., Canada, Germany, U.K., Italy, France, China, India, Japan, South Korea, Brazil, Saudi Arabia

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Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global polyphenols market report on the basis of product, application, and region:

  • Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

    • Grape Seed

    • Green Tea

    • Apple

    • Peach

    • Citrus

    • Olive

    • Berries

    • Cocoa & Coffee Beans

    • Potatoes

    • Algae

    • Pomegranate

    • Others

  • Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

    • Functional Beverages

    • Functional Foods

    • Dietary Supplements

    • Cosmetics & Toiletries

    • Animal Feed

    • Dyes

    • Others

  • Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

      • Italy

      • France

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

    • Middle East & Africa

      • Saudi Arabia

    • Central & South America

      • Brazil

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