Overview and Scope
The polyphenols refer to micronutrients found naturally in plants. Polyphenols are found in many supplements and can easily get into the diet through fruits, vegetables, teas, and spices. There are about 8,000 different forms of polyphenols, including flavonoids like quercetin and catechins found in fruits. Polyphenols may help prevent blood clots, lower blood sugar levels, and reduce the risk of heart disease.
Sizing and Forecast
The polyphenols market size has grown rapidly in recent years. It will grow from <b>$2.14 billion in 2023 to $2.45 billion in 2024 at a compound annual growth rate (CAGR) of 14.6%. </b> The growth in the historic period can be attributed to demand for natural antioxidants and dietary supplements, growth in the food and beverage industries, expansion of functional foods and nutraceuticals, development of polyphenol-rich extracts, increase in research on health benefits.
The polyphenols market size is expected to see rapid growth in the next few years. It will grow to <b>$4.27 billion in 2028 at a compound annual growth rate (CAGR) of 14.8%. </b> The growth in the forecast period can be attributed to personalized and targeted polyphenol supplements, expansion in plant-based and vegetarian diets, increased use in pharmaceutical and healthcare products, integration in anti-aging and beauty products, customized polyphenol blends for specific health needs.. Major trends in the forecast period include bioavailability-enhanced polyphenol formulations, regulatory compliance in dietary polyphenol safety, plant-based and vegan polyphenol options, personalized polyphenol recommendations, collaboration between polyphenols and medical research, synergy of polyphenols with other natural compounds.
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Segmentation & Regional Insights
The polyphenols market covered in this report is segmented –
1) By Type: Flavonoids, Phenolic Acids, Stilbenes, Lignans
2) By Source: Fruits, Vegetables, Whole Grains
3) By Application: Food & Beverage, Dietary Supplement, Cosmetics, Pharmaceuticals
<b>Asia-Pacific</b> was the largest region in the polyphenols market in 2023. <b>Asia-Pacific</b> is expected to be the fastest-growing region in the forecast period. Theregions covered in the polyphenols market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
Rising awareness about the benefits of herbal products over synthetic drugs is significantly contributing to the growth of the polyphenols market. The usage of herbal medicines and polyphenols or nutraceuticals is quickly expanding across the world, with many individuals increasingly turning to these products for the treatment of various health concerns in various national healthcare settings. Recent years have clearly seen a tremendous increase in acceptance and public interest in natural therapies, both in developing and developed countries. For instance, in November 2022, according to the American Botanical Council, a US-based non-profit organization, herbal supplement sales in the US rose by 9.7% in 2021, a significant increase from the previous year. Therefore, the rapid growth in awareness of herbal products is expected to boost demand for polyphenols during the forecast period.
Key Industry Players
Major companies operating in the polyphenols market include <b> The Archer-Daniels-Midland Company, Cargill Inc., Diana Naturals S.A.S. Unipersonelle, Frutarom Industries Ltd., Glanbia Nutritionals Inc., Naturex SA, Indena S.p.A, Ajinomoto Co Inc., Chr. Hansen Holdings AS, Barry Callebaut AG, Seppic Inc., Tianjin Jianfeng Natural Product R & D Co Ltd., Royal DSM N.V., International Flavors & Fragrances Inc., Botaniex Inc., Chongqing kerui nanhai pharmaceutical Co Ltd., Martin Bauer GmbH & Co, Aquanova AG, CPC Ingredients Ltd., Sabinsa Corporation, Xian Yuensun Biological Technology Co Ltd., Hunan Huacheng Biotech Inc., Changsha E.K. Biotechnology Co.Ltd., Shaanxi Jiahe Phytochem Co Ltd., Hunan Nutramax Inc., Hunan Sunfull Bio-tech Co Ltd., Hunan Huixin Biotech Inc., Hunan Huakang Biotech Inc., Hunan Yuanhang Biotechnology Co Ltd. </b>
The polyphenols market report table of contents includes:
1. Executive Summary
2. Polyphenols Market Characteristics
3. Polyphenols Market Trends And Strategies
4. Polyphenols Market – Macro Economic Scenario
5. Global Polyphenols Market Size and Growth
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26. South America Polyphenols Market
27. Brazil Polyphenols Market
28. Middle East Polyphenols Market
29. Africa Polyphenols Market
30. Polyphenols Market Competitive Landscape And Company Profiles
Top Major Players:
- The Archer-Daniels-Midland Company
- Cargill Inc
- Diana Naturals S.A.S
- Unipersonelle
- Frutarom Industries Ltd
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