The U.S. and Europe polyphenol market is projected to reach $584,907 million by 2025, registering a CAGR of 5.0% and a market volume of 17,892 tons, with a CAGR of 7.7% from 2018 to 2025. Polyphenols are phytochemicals found abundantly in natural plants that act as antioxidants. They protect the human body against damage caused by free radicals and active atoms. There are over 8,000 identified polyphenols found in tea, wine, chocolates, fruits, vegetables, olive oil, and others. The health effects of polyphenols depend on the amount consumed and on their bioavailability. Polyphenols have diverse health benefits, which include fighting cancer and inhibiting angiogenesis, protecting skin against photo damage caused by ultraviolet radiations, helping in reducing aging, promoting brain health, supporting blood sugar level, protecting the cardiovascular system, and others. Moreover, many skin care products or cosmeceuticals have been developed on polyphenol enriched plant extracts.
Growth in aging population in the developed as well as the developing countries drives the polyphenol market due to rise in health awareness. For instance, consumption of polyphenols limits the risk of coronary heart diseases. Resveratrol, the wine polyphenol, prevents platelet aggregation. The growth in preference of herbal products over synthetic products is also expected to boost the growth of the market. However, factors such as complex manufacturing processes and stringent regulations involved in the approval of polyphenols limits the growth of the market. The rise in demand due to the increase in applications of polyphenols provides growth opportunities to the U.S. and Europe polyphenol market.
The market is segmented based on the product type, application, and region. Based on product type, the market is divided into apple, green tea, grape seed, Maracuy/passion fruit, and others. The other segment includes olives, cocoa, and pomegranate. Based on application, the market is classified into functional beverages, functional foods, dietary supplements/Nutraceuticals, and others including cosmetic and coloring agents. Based on region, the polyphenol market is studied across U.S. and different countries in Europe.
The key players in the market adopted product launch and business expansion to gain additional share and overcome competition in the U.S. and Europe polyphenol market. Amax NutraSource, Inc., Cargill Inc., Koninklijke Dsm N.V., Futureceuticals, Inc., Glanbia Nutritionals, Inc., NOF America Corporation, Naturex S.A., Indena S.P.A., Swanson Health Products, and Berkem are some of the major companies competing in the polyphenol market.
Key Benefits For U.S. and Europe Polyphenol Market:
The report provides an in-depth analysis of the current trends, drivers, and dynamics of the U.S. and Europe polyphenol market to elucidate the prevailing opportunities and potential investment pockets.
It offers qualitative trends as well as quantitative analysis from 2018 to 2025 to assist stakeholders to understand the market scenario.
In-depth analysis of the key segments demonstrates the types of polyphenols.
Competitive intelligence of the industry highlights the business practices followed by key players across geographies and the prevailing market opportunities.
The key players are profiled along with their strategies and developments to understand the competitive outlook of the industry.
U.S. and Europe Polyphenol Key Market Segments:
By Type
Apple
Green Tea
Grape Seed
Maracuy/Passion Fruit
Others
By Application
Functional Beverages
Functional Foods
Dietary Supplements/Nutraceuticals,
Others
By Region
U.S.
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Table of Contents
Executive Summary
According to a new report titled, U.S. and Europe Polyphenol Market: Opportunity Analysis and Industry Forecast, 20182025, The U.S. and Europe polyphenol market is projected to reach $584,907 million by 2025, registering a CAGR of 5.0% and a market volume of 17,892 tons, with a CAGR of 7.7% from 2018 to 2025. The grape seed segment dominated the U.S. and Europe polyphenol market and is expected to exhibit a steady growth rate during the forecast period.Increase in applications of polyphenols in functional beverages, functional foods, and dietary supplements is expected to fuel the market growth in future. Moreover, the rise in demand for polyphenols in cosmetics and as coloring agents is also expected to drive the growth of the market. The preference of polyphenols extracted from herbal products has increased over the years as they have no side effects. Manufacturers have been engaged in improving the product portfolio in terms of functional characteristics and offering the same at competitive prices to gain edge over the competitors. This increase in preference majorly drives the growth of the U.S and Europe polyphenol industry.
The grapeseed was a dominant segment in 2017. The leaves and seeds of grape are used for the treatment of different diseases since the ancient time. Grape seed extract is used as a remedy for a number of health conditions due to the presence of anti-oxidant polyphenols and high macro and micro nutritional value. The grape seed extract experiences growth due to its antioxidant and antiaging properties along with the increase in demand from personal care and skin care market.
The functional beverage segment was the highest contributor to the U.S. and Europe polyphenols market and is estimated to grow at a notable CAGR from 2018 to 2025. The steady growth is attributed to the increase in adoption of plant based diet as well as convenience and high nutritional content of functional beverages of the traditional beverages.
In 2017, Europe dominated the market rise in knowledge about health and adoption of convenient sources of nutrition resulting in increased usage of supplements, functional food, and beverages, which drives the market for polyphenol in Europe. However, the U.S. market is expected to grow at a higher CAGR owing to the growth in preference of functional and herbal products among the population in the U.S.
Key Findings of the study
In 2017, Europe polyphenol market share was the highest in terms of market value, growing at a CAGR of 4.9% from 2018 to 2025.
In 2017, the grapeseed segment was the largest contributor to the market in terms of value, and is estimated to grow at a CAGR of 4.9% from 2018 to 2025.
In 2017, passion fruit was the fastest growing segment in the polyphenol market valued at $3,276 and growing at a CAGR of 6.7%.
In 2017, the functional beverages segment was the largest contributor to the market in terms of value, and is estimated to grow at a CAGR of 5.4% from 2018 to 2025.
In 2017, the U.S. was a prominent contributor to the polyphenol market, and is anticipated to grow at the CAGR of 5.2% through the forecast period.
The key players profiled in the report include Amax NutraSource, Inc., Cargill Inc., Koninklijke Dsm N.V., Futureceuticals, Inc., Glanbia Nutritionals, Inc., NOF America Corporation, Naturex S.A., Indena S.P.A., Swanson Health Products, and Berkem.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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