The expansion of the global polyphenol market is primarily being driven by increasing consumer demand for natural and clean label additives. In 2018, approximately 60% of customers worldwide said they wanted to eat products devoid of artificial colours, while 54% of them stressed the use of natural colours on the product, according to a report published by the Natural Food Colors Association. Demand for goods containing polyphenols is being driven up by the rising prevalence of lifestyle diseases brought on by sedentary behaviour and poor dietary choices. For instance, the United States Centers for Disease Control and Prevention have referred to diabetes as a silent killer. According to the global diabetes data report, adults in low- and middle-income nations have an undiagnosed diabetes rate of four out of five.
The global Polyphenol Market size was valued at USD 937.15 million in 2021 and is anticipated to witness a compound annual growth rate (CAGR) of 8.72% from 2022 to 2030.
Key Leaders in the Polyphenol Industry:
Archer Daniels Midland Company
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients The Company was founded in 1902 and is headquartered in Chicago, Illinois.
Kemin Industries
Kemin founders R.W. and Mary Nelson had yet to realize the trajectory of Kemin and its future impact on the world when they launched the company in 1961. The company has headquarters situated in Des Moines, Iowa, US. In November, 2022 Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 percent of the world with its products and services, has expanded its encapsulation production site in Cavriago, Italy, with two new facilities.
International Flavors & Fragrances Inc.
International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company is headquartered in NewYork, U.S. founded in 1833.
Ajinomoto Co. Inc.
Ajinomoto Co., Inc. engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally. The company was founded in 1909 and is headquartered in Tokyo, Japan. In September, 2022 Ajinomoto Corporation through its consolidated subsidiary, Ajinomoto Genexine Corporation ("AGX"), has reached an agreement with JSR Corporation ("JSR"), a leading materials company, to collaborate on the global expansion of its biopharmaceutical culture media business, adding new highperformance media developed by JSR, to Ajinomoto Co.'s product lineup.