Market Overview
Polyphenols are plant metabolites
and essential micronutrients required for the human body. The global Polyphenol
Industry is segmented on the basis of 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.
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The growing health issues in the
geriatric population and health awareness in the young generation are the major
drivers of the global Polyphenol Industry. These acids exhibit anti-bacterial
properties and can easily permeate through the skin, which is likely to drive
their demand for the manufactuing of cosmetic & personal care products.
Flavonoids work as anti-oxidants 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.
Competitive Analysis
Some of the manufacturers operating in the global Polyphenol
Industry are Naturex (France), Ajinomoto OmniChem N.V. (Belgium), Indena S.p.A.
(Italy), Frutarom (Israel), Diana Group (France), MB- Holding GmbH & Co. KG
(Germany), Guilin Layn Natural Ingredients Corp. (China), Chr. Hansen Holding
A/S (Denmark), DuPont Nutrition & Health (Denmark), and Archer Daniels
Midland Company (U.S.).
Market Segmentation
The global Polyphenol Industry is segmented on the basis of
source, type, application, and region.
On the basis of the source, the global Polyphenol Industry
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 Industry is
segmented into functional food & beverage, dietary supplement, cosmetics,
pharmaceuticals, and others.
Regional Analysis
The global Polyphenol
Industry 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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