Tea polyphenols market is anticipated to grow at a CAGR of 8.0% during the forecast period. Polyphenols are plant compounds that offer various health benefits, taste, flavor, and others. Tea polyphenols support the prevention of the occurrence of several diseases. Tea polyphenols are generally found in green tea, oolong tea, and black tea, act as antioxidants and support the prevention of neurodegenerative diseases such as Alzheimer’s, and Parkinson’s. Green tea contains high levels of polyphenolic content such as catechins and flavanols. According to the Centers for Disease Control and Prevention (CDC), in 2020, around 5.8 million people in the US were suffering from Alzheimer’s disease, and the number is projected to triple to 14 million people by 2060. Additionally, according to the National Library of Medicine (NIH), green tea polyphenols is being considered therapeutic agents and can serve as possible neuroprotective agents in progressive neurodegenerative disorders such as Parkinson’s and Alzheimer’s diseases. Hence, these factors contribute to the growth of the global tea polyphenols market.
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The global tea polyphenols market is segmented based on product and application. Based on the product, the market is segmented into green tea, oolong tea and black tea. Based on application, the market is segmented into functional beverages, functional food, dietary supplements, and cosmetics. The above-mentioned segments can be customized as per the requirements. Based on product, the green tea segment is anticipated to grow at the fastest CAGR during the forecast period. Green tea polyphenols are widely used in the treatment of sickle cell disease, skin cancer, and weight management, which in turn, is contributing to the potential share of this segment. Green tea polyphenols are produced from fresh leaves steaming at a high temperature which keeps polyphenols intact in the tea. Green tea is exceptionally high in flavonoids that can support to boost heart health by lowering bad cholesterol and reducing blood clotting. In addition, it has anti-inflammatory properties and improves liver, kidney, and other body functions, which boosts the demand for green tea polyphenols. According to the Food and Agriculture Organization of the United Nations (FAO), world green tea production is projected to increase at a faster rate of 6.3% annually owing to the expansion in China, where the output is anticipated to double by 2030. China is the leading exporter of green tea with more than 70% of green tea exports followed by Vietnam with around 20% of the exports.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Tea Polyphenols Market by Product
- Green Tea
- Oolong Tea
- Black Tea
Global Tea Polyphenols Market by Application
- Functional Foods
- Functional Beverages
- Dietary Supplements
- Cosmetics
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Holliday & Co. Inc.
- Archer Daniels Midland Co.
- Hansen A/S
- Cymbio Pharma Pvt. Ltd.
- FutureCeuticals
- Layn Natural Ingredients Corp.
- Prinova Europe Ltd.
- Sabinsa Corp.
- SV Agrofood
- Taiyo International
- Tianjin Jianfeng Natural Product R & D Co., Ltd.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global tea polyphenols market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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