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Polyphenols Market size was valued at USD 1,008.02 million in 2022 and is expected to grow at 8.6% CAGR from 2023 to 2029. Polyphenols market report gives comprehensive outlook on polyphenols across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of product, type, application and region. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global polyphenols products. Some of the key factors propelling the market growth include rise in demand for polyphenols in cosmetics, growing geriatric population in emerged and emerging countries, health benefits associated with the consumption of polyphenols and rising demand for anti-aging products. However, strict labelling standards for natural extracts containing food products are hampering the market growth. In addition, increasing incidence of chronic ailments provides huge growth opportunity for the market. Global Polyphenols market is surging owing to frequent acquisitions and launchings by the market players.
Key Developments of Polyphenols Market
For Instance, in Nov 2018, Diana Food launched Cerebelle, a proprietary blend of extracts made from two potent polyphenol-rich fruit grape and wild blueberry clinically shown to prevent age-related cognitive decline in healthy older adults.
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The rise in aging population possessing chronic diseases such as heart disease, Alzheimer's disease, and osteoporosis needs to be focused on. The demand for effective treatment for these diseases continue to rise and so does the demand for early and accurate diagnosis. These factors have resulted for the increasing demand of polyphenols. Consumers are now more motivated in overall well-being, willing to spend more on nutrition and supplements which is internationally enlightening the market share. The demand for organic products fortified with vitamins and probiotics has increased, as they act as preventive measures against health problems. Moreover, growing aging population mainly in Japan and Western Europe is likely to drive the market for polyphenols over the next six years. In addition, the changing lifestyle has led to increased global occurrence of diabetes and cancer, which has resulted in the market growth.
2022 is the base year and 2029 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.