Polyphenol Market Size to Grow by $ 585.86 mn through 2021-2025
Technavio research projects the polyphenol market to grow by $ 585.86 mn, accelerating at a CAGR of almost 10% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Polyphenol Market: Key Market Driver
One of the primary factors that will trigger the growth of the polyphenol market size is rising prevalence of chronic diseases. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
Polyphenol Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Ajinomoto Co. Inc., Archer Daniels Midland Co., Blue California Inc., Diana Food SAS, DuPont de Nemours Inc., International Flavors & Fragrances Inc., Koninklijke DSM NV, MB-Holding GmbH & Co. KG, Naturex SA, and Sabinsa Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.
For more insights on this market: Download a Free Sample Report
Technavio has been monitoring the global polyphenol market and it is expected to grow by USD 585.86 million, accelerating at a CAGR of almost 10% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report
Market Driver: Rise in prevalence of chronic diseases to drive growth
The rising prevalence of chronic diseases is one of the major factors that will have a positive impact on this market’s growth. Chronic diseases such as cancer, cardiovascular and chronic lung disease, and diabetes are becoming increasingly rampant. Polyphenol is gaining popularity because it inhibits the growth of blood vessels that feed tumors and fight cancer cells. It also supports weight loss and protects the cardiovascular system. The demand for polyphenols is increasing in the healthcare industry because it helps in the maintenance of healthy bones and supports brain health.
Leading Product Segment: Use of wine grapes to make grape seed extract polyphenols
The grape seed segment led the market in recent years. Manufacturers use wine grapes to make grape seed extract polyphenols, which contain proteins, carbohydrates, lipids, and 5%-8% polyphenols. The demand for these polyphenol extract or extracted polyphenols is increasing because they are safe, non-toxic, and chemical-free. Therefore, the growth of the market segment is expected to be significant during the forecast period.
Key Emerging Trend: High demand from the cosmetics industry
The growth of the aging population is boosting the demand for cosmetics such as anti-aging products, moisturizers, anti-wrinkle, and skin whitening products. The application of polyphenol on the skin protects it from harmful UV rays due to the ability to scavenge harmful free radicals in the body. According to the World Bank Group, 83.7 million people in the country are estimated to be 65 years of age and above by 2050. The rapid growth of the aging population across the globe is expected to drive the demand for cosmetics and personal care products during the forecast period.
Polyphenol Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Ajinomoto Co. Inc., Archer Daniels Midland Co., Blue California Inc., Diana Food SAS, DuPont de Nemours Inc., International Flavors & Fragrances Inc., Koninklijke DSM NV, MB-Holding GmbH & Co. KG, Naturex SA, and Sabinsa Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio offers custom research reports with detailed insights from the perspective of global industry trends, regional market influences and supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
For more insights on this market: Download Free Sample Report
