Catechin Market: By Source Type (Tea, Fruits, and Others), By Type (Epigallocatechin (EGC), Epigallocatechin-3- Gallate (EGCG), and Others), By Application Type (Pharmaceuticals, Food & Beverages, Dietary Supplements, and Others), and Geography  

Catechin Market Size is expected to be valued at USD 16.9 million in 2022, growing at a significant CAGR of  3.6%  from 2023-2029. Catechin is a natural phenol and antioxidant. The Catechin market growth is being driven by an increase in the advantages associated with catechin extraction. Green tea is the most common and popular raw material for catechin extraction. Primary factors propelling the growth of the global catechin market are the growing consumer health consciousness, as the rise in population is linked to the Internet & social media, the demand for health and fitness is rising, which requires the consumer base to change their dietary habits and adopt a sound and healthy food consumption. Consumers all across the world have become more aware of their health and take precautions to protect against infections and diseases. Additionally, catechin is widely used in the pharmaceutical industry will also push the market demand. Moreover, with technological advancements, catechin has gained popularity in the food & beverage industry which undoubtedly increases the market size across the globe.

These foods are available in not only nutritious but also contain compounds that help to prevent illness and diseases. The need for functional foods has increased, which enhances the demand for catechin. During Covid-19, this market is also hampered by the disruption of the supply of raw and finished products chain as this pandemic led to strict lockdown worldwide. The catechin market is now anticipated to move on a progressive growth rate owing to increasing their supply and demand chain and continuous rising applications in various sectors.