The
rising population of geriatrics in Japan and many European countries
is the major factor boosting the global market for polyphenols,
states a recent market research report by Transparency Market
Research. The detailed market research study states that the global
polyphenols market
will expand at a healthy CAGR of 6.10% from 2012 through 2018. If the
prediction holds true, the market will rise to a valuation of
US$873.7 mn by 2018 from US$580 mn in 2011.The report is titled
“Polyphenols Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2012 - 2018,” and is available on the
company’s website for sale.
Polyphenols
refer to plant-based metabolites obtained from sources such as
pomegranate, grape seeds, cranberries, green tea, apples, and
beetroot. Having excellent anti-inflammatory properties and a high
antioxidant content, polyphenols are used for the treatment of
diseases such as cancer, diabetes, and several cardiovascular
conditions. In addition to these applications, polyphenols are also
used for enhancing the rate of absorption of vitamins in the body.
Apart
from the high demand from the rising geriatric population in Japan
and European countries, the global market for polyphenols is also
driven by technological advancements in the field of polyphenol
extraction. The rapidly rising set of applications of polyphenols and
rising consumer awareness regarding several benefits of these
products are also boosting the global polyphenols market. The rapidly
popularizing trend of shifting to herbal products from synthetic
drugs is also benefitting the market for polyphenols, especially in
developed parts of the world.
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The
report examines the global polyphenols
market on the basis of three criteria: Application, product type, and
geography.
On
the basis of product type, the market is segmented into apple, green
tea, grape, seed, and other varieties such as pomegranate, cocoa, and
olive. Of these, the grape seeds segment accounted a dominant share
of over 50% in the market in 2011, and was followed by the segment of
green tea. The segment of green tea polyphenols is expected to
witness the fastest growth over the forecast period owing to its
increased consumption in Asia Pacific.
Of
the key applications for polyphenols examined in the report, the
segment of functional beverages held a dominant 40% in the global
polyphenols market in 2011. The segment of dietary supplements is
expected to gain increased demand from the rising healthcare
conscious population in developing parts of Asia Pacific.
From
a geographic standpoint, the global polyphenols market has been
analyzed for Asia Pacific, North America, Europe, and Rest of the
World (RoW). Asia Pacific dominated, accounting for a share of over
40% in the global market in 2011.
The
report also presents a detailed overview of the competitive landscape
of the global polyphenols market, providing detailed business
profiles of some of the market’s most influential vendors and a
variety of other market data. Some of the major vendors in the market
are Indena, Danisco, Layn Natural Ingredients, Chr.Hansen, and
Naturex.
The
market has been segmented as follows:
Segmentation
by Application
- Functional foods
- Functional beverages
- Dietary supplements
- Others (coloring agents and cosmetics)
Segmentation
by Product
- Apple
- Green tea
- Grape seed
- Others (cocoa, pomegranate, and olive)
Major
geographies analyzed under this research report are:
- Europe
- North America
- Asia-Pacific
- Rest of the World
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