Market Overview:
Polyphenols
are plant metabolites and essential micronutrients required for the human body.
The global polyphenol market is segmented based on its types of flavonoids,
phenolic acids, stilbenes, lignans. Among these, the phenolic acids type is the
leading segment owing to its use for the treatment various diseases such as
coronary heart disease, stroke, and cancers. Phenolic acids are abundant in the
diet and readily absorbed through the walls of intestinal tract. The growing
health issues in the geriatric population and health awareness in the young
generation are the major drivers of the global polyphenol market. These acids
exhibit anti-bacterial properties and can easily permeate through the skin,
which is likely to drive their demand for the manufacturing of cosmetic &
personal care products. Flavonoids work as antioxidants and anti-inflammatory
agents, which are necessary for removal of carcinogens. Moreover, the
consumption of stilbenes and lignans are essential maintain the health of
heart.
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Market
Segmentation:
The
global polyphenol market is segmented based on source, type, application, and
region.
Based
on 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.
Competitive
Analysis:
Ø
Diana
Group
Ø
MB-
Holding GmbH & Co. KG
Ø
Guilin
Layn Natural Ingredients Corp.
Ø
Chr.
Hansen Holding A/S
Ø
DuPont
Nutrition & Health
Ø
Naturex
Ø
Ajinomoto
OmniChem N.V.
Ø
Indena
S.p.A.
Ø
Frutarom
Ø
Archer
Daniels Midland Company
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.
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