all report title image

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. The polyphenol market is expected to witness the fastest growth in the near future owing to the growing demand for functional foods among health conscious consumers. This growth is attributed to the increasing awareness among consumers regarding the polyphenol and its health benefits. Moreover, polyphenol is increasingly being used in nutraceuticals as a way to improve the nutritional value of foods which is again projected to foster the market growth.

Global Polyphenol Market: Regional Insights

Regionally, North America is expected to dominate the global polyphenol market over the forecast period and this is attributed to expanding polyphenol market in the US due to growing awareness regarding the health benefits of consuming polyphenols.  For instance, regular consumption of polyphenols has shown to offer health benefits, such as improved brain health and reduce the risk of developing type-2 diabetes. The polyphenol market in the United States was valued at USD 255.52 million in 2020, and it is projected to reach USD 403.57 million by 2026, registering a CAGR of 8.03% during the period of 2021-2026.

At the same time, Europe is also expected to witness fastest growth in the global polyphenol market over the forecast period owing to the growing interest focus of key players in health supporting products which are natural and safe for consumption as consumers are looking for healthy lifestyle. For instance, in July 2020, British brand ‘Buxton Natural Mineral Water’ launched PLANT+WATER by Buxton, a plant polyphenol infused water in recyclable packaging. The beverage was made available in Lemon, Lime & Sage, Pomegranate & Basil and Blood Orange & Rosemary variants, all of which were rolled out into 689 Boots stores across the United Kingdom in July.

Figure 1. Global Polyphenol Market Share (%), By Region, 2021

Polyphenols  | Coherent Market Insights

Global Polyphenol Market Drivers:

Growing demand for clean label and natural additives is predominantly fueling the global polyphenol market growth. According to the study published by the Natural Food Colors Association, in 2018, about 60% of global consumers stated that they want to consume products free of artificial colors, whereas 54% of them emphasized the use of natural colors on the product.

Increasing prevalence of lifestyle disease due to sedentary lifestyle and unhealthy eating habits is creating demand for polyphenol based products. For instance, diabetes has been referred to as a silent killer by United States Centers for Disease Control and Prevention. As per the global diabetes data report, four out of five adults have undiagnosed diabetes in low- and mid-income countries. In addition, according to WHO, in 2019, diabetes was the ninth leading cause of death, with an estimated 1.5 million deaths directly caused by diabetes.

Global Polyphenol Market Opportunities:

Growing usage of plant-based polyphenol in water is projected to provide significant growth opportunities for the key players. For instance, in July 2020, Buxton Natural Mineral Water launched PLANT+WATER by Buxton, a plant polyphenol-infused water. The functional water has been created with the blend of spring water, plant polyphenols which are extracted from green coffee beans, magnesium, and natural fruit and herb flavors. PLANT+ WATER by Buxton is available in three flavor combinations; lemon, lime, and sage, pomegranate and basil, and blood orange and rosemary.

Increasing demand for naturally sourced cosmetic products is anticipated to offer profitable market opportunities for key players. For instance, in September 2020, Givaudan Active Beauty launched New Red 1805, a vegan high-performance red pigment used in makeup formulations. This powder offers a sustainable alternative to synthetic red pigments. New Red 1805 has been crafted for natural makeup designers and lipsticks creators. The new color is created from the Chinese red radish ‘Raphanus Sativus L,’ whose roots are naturally rich in colored metabolites named anthocyanins.

CMI table icon

Polyphenol Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2021: US$ 937.15 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 8.72% 2030 Value Projection: US$ 18,910.00 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Source: Grapes, Green Tea, Cocoa, Berries, Other Sources
  • By Application: Functional Foods, Dietary Supplements, Beverages, Other Application
Companies covered:

Archer Daniels Midland Company, Kemin Industries, International Flavors & Fragrances Inc., Aquanova AG, Ajinomoto Co. Inc., Penta International Corp, Chr., Hansen A/S, Biolink Group, Indena SpA, Symrise AG, and Van Drunen Farms

Growth Drivers:
  • Growing demand for clean label and natural additives
  • Increasing prevalence of lifestyle disease
Restraints & Challenges:
  • Difficulty associated with the overall manufacturing, processing, and sourcing in polyphenol 

Global Polyphenol Market Trends:

Purple food color is gaining traction in the market due to growing demand for natural food color. For instance, in October 2019, NiroWell and Healthy Food Ingredients (HFI), launched their line of extracted suntava purple corn ingredients powder. This extract powder gained traction within the baking industry, as this newly-launched ingredient is an excellent natural color option for many clean-label applications, including snack foods and beverages.

Polyphenol is witnessing strong demand from oral care products due to its antibacterial property. Various studies support the use of polyphenols as a promising caries risk reduction intervention. Current evidence supports nutrition's role in fighting diseases, specifically through the anticariogenic, anti-inflammatory, and anticarcinogenic actions of specific antioxidants known as polyphenols.

Global Polyphenol Market Restraints:

Difficulty associated with the overall manufacturing, processing, and sourcing in polyphenol is hindering the growth of the market. Polyphenols are affected by high heat and intense light, which poses a challenge while processing them.

Lack of awareness regarding the health benefits of polyphenol across developing countries is again expected to hamper the market growth over the forecast period.                

Figure 2. Global Polyphenol Market Share (%) in terms of Values, By Source 2021

Polyphenols  | Coherent Market Insights

Global Polyphenol Market Segmentation:

The global polyphenol market report is segmented into source, application, and geography

Based on source, the market is segmented into Grapes, Green Tea, Cocoa, Berries, and Other Sources. Out of which, Green Tea is expected to dominate the global market over the forecast period and this is attributed to the growing health conscious consumers with the growing population around the globe which increasing the prevalence of chronic disease such as obesity, cancer, heart diseases, and diabetes. The green tea segment of the polyphenol market was valued at USD 395.83 million in 2020. It is projected to reach USD 620.47 million by 2026, recording a CAGR of 7.87% during the forecast period (2021-2026).

Berries segment is also expected to witness significant growth in the near future and this is owing to the fact that berries are excellent source of polyphenol. The berries polyphenol market was valued at USD 142.48 million in 2020. It is projected to reach USD 237.00 million by 2026, recording a CAGR of 8.94% during the forecast period (2021-2026).

Based on application, the market is segmented into Functional Foods, Dietary Supplements, Beverages, and Other Application. Out of which, Functional Foods are expected to dominate the global market over the forecast period and this is attributed to the growing demand for nutrient-enriched foods and the rising awareness regarding the health benefits among consumers. Moreover, growing demand for healthy on-the-go snacking option due to hectic lifestyle of consumers is again propelling segment growth. The functional food segment of the market was valued at USD 247.11million in 2020. It is projected to reach USD 429.16 million by 2026, recording a CAGR of 7.85% during the forecast period (2021-2026).

Dietary Supplements segment is also expected to witness significant growth in the near future owing to the shifting consumer preferences towards naturally sourced supplements. Moreover, increasing demand for personalized supplements solution is also projected to fuel segment growth.

Global Polyphenol Market: Key Developments

  1. In November 2021, Kemin announced its Neumentix™ Phenolic Complex K110-42, a  spearmint  extract  containing  a proprietary  phenolic  complex  and  claims  to  be approved by Health Canada, expanding its business presence by introducing the ingredient for brain health to consumers in Canada.
  2. In MAY 2021, Kemin Industries’ nutrition and health product for cognitive improvement, Neumentix, received approval as a bioactive ingredient for use in dietary supplements in Brazil. The Health Regulatory Agency (Anvisa) of the Brazilian Ministry of Health published a resolution authorizing Kemin’s cognitive support product for use in dietary supplements as a source of phenolic compounds.
  3. In January 2021, Kemin Industries launched DailyZz™, a product for human health and nutrition. It is an ingredient containing a propriety blend rich in naturally occurring polyphenols for safe and natural nightly sleep. DailyZz promotes better quality sleep and improves next-day functioning in healthy adults who have occasional sleep complaints.

Global Polyphenol Market: Key Companies Insights

The global polyphenol market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis. Some of the key players in the global polyphenol market are Archer Daniels Midland Company, Kemin Industries, International Flavors & Fragrances Inc., Aquanova AG, Ajinomoto Co. Inc., Penta International Corp, Chr., Hansen A/S, Biolink Group, Indena SpA, Symrise AG, and Van Drunen Farms

*Definition: Polyphenols are a large family of naturally occurring organic compounds. They are found in numerous plants and are structurally diverse. They include flavonoids, tannic acid, and ellagitannin. They have historically been used as dyes and tanning agents for fabrics. Today, they are increasingly used as natural ingredients in food and cosmetic products.

Polyphenols are known for their health benefits and can be obtained from a variety of food sources. They can improve blood flow and lower the risk of chronic diseases. They are naturally occurring compounds with antioxidant properties that are found in many plants. These compounds can be categorized into several groups based on their structure and function. They include phenolic acids, flavonoids, lignans, and stilbenes. Each group of polyphenols has its own unique chemical structure.

Market Dynamics:

Growth in the polyphenol market can be attributed to a variety of factors. Changing dietary habits is increasing consumption of polyphenol-rich food products. Green tea, for example, contains all types of polyphenol, including flavanols and phenolic acids. The polyphenol content in dry green tea is approximately 18%-36% of its total weight, and its presence provides antioxidant properties and improves digestion. Consumers also are increasingly becoming health conscious. With this, polyphenol-containing food products are expected to gain a highest share in the global market.

On the other hand, difficulty in overall processing, manufacturing, and sourcing of polyphenol is projected to hinder the market growth

Key features of the study:

  • This report provides in-depth analysis of the global polyphenol market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global polyphenol market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Archer Daniels Midland Company, Kemin Industries, International Flavors & Fragrances Inc., Aquanova AG, Ajinomoto Co. Inc., Penta International Corp, Chr., Hansen A/S, Biolink Group, Indena SpA, Symrise AG, and Van Drunen Farms
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global polyphenol market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polyphenol market

Detailed Segmentation:

  • Global Polyphenol Market, By Source:
    • Grapes
    • Green Tea
    • Cocoa
    • Berries
    • Other Sources
  • Global Polyphenol Market, By Application:
    • Functional Foods
    • Dietary Supplements
    • Beverages
    • Other Application
  • Global Polyphenol Market, By Geography:
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa
  • Company Profiles:
    • Archer Daniels Midland Company
    • Kemin Industries
    • International Flavors & Fragrances Inc.
    • Aquanova AG
    • Ajinomoto Co. Inc.
    • Penta International Corp
    • Hansen A/S
    • Biolink Group
    • Indena SpA
    • Symrise AG
    • Van Drunen Farms

Frequently Asked Questions

The global polyphenol market size is estimated to be valued at US$ 937.15 Million in 2021 and is expected to exhibit a CAGR of 8.72% between 2022 and 2030.
Growing demand for clean label and natural additives and increasing prevalence of lifestyle disease are fuelling the growth of the market.
The Green Tea segment is the leading component segment in the market.
Difficulty associated with the overall manufacturing, processing, and sourcing in polyphenol is the major factors restraining growth of the market.
Archer Daniels Midland Company, Kemin Industries, International Flavors & Fragrances Inc., Aquanova AG, Ajinomoto Co. Inc., Penta International Corp, Chr., Hansen A/S, Biolink Group, Indena SpA, Symrise AG, and Van Drunen Farms

Related Reports

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo