Global Tea Polyphenols Market – Industry Trends and Forecast to 2029

Global Tea Polyphenols Market, By Application (Functional Beverages, Functional Food, Dietary Supplements), Product (Green Tea, Oolong Tea, Black Tea), Distribution (Internet Retailing, Mass Retailers, Direct Selling and Others) – Industry Trends and Forecast to 2029.

Tea Polyphenols Market Analysis and Size

Globally, consumers are becoming more health conscious, favouring products that provide additional health benefits (such as health foods). As polyphenols are widely used in health foods, this trend is expected to boost the polyphenols market.

Data Bridge Market Research analyses that the tea polyphenols market was valued at USD 378 million in 2021 and is expected to reach the value of USD 753.19 million by 2029, at a CAGR of 9.00% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Tea Polyphenols Market Scope and Segmentation

Market Definition

Tea polyphenols are natural chemical compounds found in tea leaves such as catechins, theaflavins, tannins, and flavonoids. These compounds are high in antioxidant and can help to reduce the growth of bacteria in the stomach while also lowering the risk of coronary artery disease, diabetes, neurodegenerative diseases, and other medical conditions. They are typically found in varying proportions in different tea varieties (black, green, white, and oolong) and can significantly influence the beverage's distinct aroma and taste.

Drivers

• Growing adoption of nutritional diets and consumers shift to healthy alternatives

Individuals are becoming more health-conscious and are more likely to adopt more nutritional diets, including beverages such as tea, and to lead an active lifestyle. As a result, there is a growing preference for healthier tea alternatives, such as black and green varieties, driving up demand for tea polyphenols. Furthermore, the increasing use of polyphenols in ready-to-drink teas, nutraceuticals, dietary supplements, and functional beverages is boosting market growth.

• Expansion of herbal extracts industry and ongoing R&D activities

The growing awareness of the negative effects of artificial flavourings and the health benefits provided by polyphenol and herbal extracts has the potential to ignite the herbal extracts and derivatives industry.

Furthermore, due to an increase in business R&D ventures and an increase in the demand for comfort foods, there has been a thriving demand for plant essences in food and drink manufacturing. The classification of various herbs and seasonings in response to shifting customer preferences and suggestions will maintain the market's equilibrium during the anticipated period.

Opportunity

Polyphenols are widely used in the pharmaceutical industry due to their beneficial properties, which helps the market remain profitable. The antibacterial effect of polyphenol, particularly for the treatment of age-related disorders like memory loss, immune disorders, and osteoporosis, is contributing to an increase in demand for polyphenol for medicine manufacturing. Furthermore, the increasing regulatory requirements for the use of plant extracts as phytomedicine are expected to provide lucrative market opportunities for the growth of the tea polyphenol market.

Restraints

However, the market's growth is expected to be hampered by a limited supply of raw materials and stringent quality standards. The tea polyphenols market is concerned about product quality, particularly in Asia-Pacific.

This tea polyphenols market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the tea polyphenols market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Tea Polyphenols Market

COVID-19 Pandemic is a worldwide pandemic that has affected many countries. It has wreaked havoc on the business and marketing fields. One of them was the tea polyphenols market. The global market has come to a halt as a result of COVID-19 guidelines and lockdown implementations in various regions. The global market's growth had been stifled due to a lack of transportation and labour. As a result, both productivity and investors have suffered.

Recent Development

• Layn Natural Ingredients will launch its portfolio of Non-GMO Project Verified botanical extracts in 2021. The product line focuses on polyphenol-rich botanical extracts with high functional benefits in food and beverage, sports nutrition, and the dietary supplement sector.
• In 2019, Fytexia introduces Oxxynea O, a line of bioactive polyphenols derived from organic sources of rosemary, olive, grape, and artichoke; the company also offers a custom pathway programme for selecting polyphenol sources and combining them to create tailor-made recipes that meet the specifications of formulators looking for natural sources of antioxidants to enhance their products with polyphenols.
• Frutarom introduced the NutraT line of antioxidants in 2016; these products were designed to be suitable for ready-to-use soluble powder formulas that dissolve in water, soft drinks, and dairy products.

Global Tea Polyphenols Market Scope

The tea polyphenols market is segmented on the basis of product, application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

• Functional Foods
• Dietary Supplements
• Functional Beverages
• Others

Product

• Green tea
• Black tea
• Oolong tea

Distribution

• Internet Retailing
• Mass Retailers
• Direct Selling
• Others

Tea Polyphenols Market Regional Analysis/Insights

The tea polyphenols market is analysed and market size insights and trends are provided by country, of product, application and distribution channel as referenced above.

The countries covered in the tea polyphenols market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominated the market, accounting for the majority of market share. This is due to rising nutritional enrichment awareness in China, and India is expected to remain a positive factor for regional market growth, Due to its growing population and rising disposable income, Asia Pacific has one of the world's largest functional food markets. In recent years, the Chinese government has launched a number of initiatives to promote the benefits of eating healthy food. In Europe, rising obesity rates are creating a favourable growth environment for healthy functional foods and beverages. This is expected to have an impact on the region's polyphenols market due to increased consumer spending power and awareness of the benefits of dietary supplements.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Tea Polyphenols Market Share Analysis

The tea polyphenols market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to tea polyphenols market.

Some of the major players operating in the tea polyphenols market are:

• Givaudan (Switzerland)
• Sensient Technologies Corporation (U.S.)
• Symrise (Germany)
• Kangcare (China)
• P.T. INDESSO AROMA (Indonesia)
• P.T. Haldin Pacific Semesta. (U.S.)
• VidyaHerbs (India)
• Tokiwa Phytochemical Co. Ltd. (Japan)
• NATIVE EXTRACTS Pty Ltd. (Australia)
• Shaanxi Jiahe Phytochem Co., Ltd. (China)
• Synthite Industries Ltd. (India)
• International Flavors & Fragrances, Inc. (Germany)
• Martin Bauer Group (Germany)
• Arjuna Natural Pvt Ltd (India)
• Organic Herb Inc. (China)
• Plant Extracts International Inc. (U.S.)