The catechin market is projected to grow at a considerable CAGR of 7% during the forecast period (2020-2026). Catechin is a flavan-3-ol, a type of natural phenol and antioxidant. Catechins are a type of flavonoid found in certain kinds of tea, fruit, chocolate, and wine. Catechin has been found to have anti-inflammatory, anticarcinogenic, antimicrobial, and antioxidant properties and is beneficial in cardiovascular disease, diabetes, obesity, neurologic and oral health. The anticarcinogenic properties include angiogenesis, apoptosis, and control cell proliferation in tumor cells. The proper intake of catechin in the required proportion is found to be effective in hampering the growth of parasites that leads to microbial infection. According to the Center for Disease Control and Prevention (CDC), more than two million people in the US suffer from antibiotic-resistant infections and that as many as 23,000 mortalities occur each year from these infections. The rising incidence and prevalence rate of antibiotic-resistant infectious diseases such as HIV/AIDS and malaria is further propelling the intake of catechin which in turn is driving their global market.

In addition, rising inclination of consumers towards the use of natural ingredients in their consumables, changing food habits, and increase in the chronic disorders among the population are the other aspects that are propelling the growth of the catechin market across the globe.  The growing use of catechin in different industries such as food & beverage, pharmaceutical, dietary supplements, and cosmetics among others is further anticipated to accelerate the demand of catechin, thereby contributing towards the growth of the global market. However, several side effects such as sleep problems, vomiting, diarrhea, irritability, irregular heartbeat, tremor, heartburn, and dizziness associated with the intake of catechin may hamper the growth of the catechin market across the globe.

Segmental Outlook  

The catechin market is segmented on the basis of the application into food and beverage, pharmaceutical, dietary supplements, others (cosmetics). Food & beverage is anticipated to be a key application of the catechin which in turn is driving the growth of this market segment. In the food & beverage industry, catechins are used as a natural antioxidant in oils and fats against lipid oxidation and act as an antimicrobial agent in foodstuffs and a health functional ingredient in various foods. The growing use of catechin in the food industry is anticipated to make a huge contribution to the growth of the market segment. The pharmaceutical segment is anticipated to exhibit considerable growth during the forecast period. The increasing use of catechin in preparing medicines is promoting the utility of catechin in the pharmaceutical sector.

Global Catechin Market Share by Application, 2019 (%)

Regional Outlook 

The global catechin market is further segmented on the basis of geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is anticipated to hold a considerable market share in the market during the forecast period. Significant innovation and R&D in the region regarding the usage of organic ingredients in different industrial applications is a key factor contributing to the high share of the market in the region. The growing awareness among consumers regarding the health benefits of catechin along with its increasing application in different industries are making a considerable contribution towards the high share of the market in North America. The considerable presence of the cosmetic industry in the region is offering huge opportunities for the growth of the market in the region.

Global Catechin Market Growth, by Region 2020-2026

Asia-Pacific will augment with the significant growth rate in the catechin market

Asia-Pacific is the largest producer and consumer of tea all across the globe. Tea is widely consumed on a daily basis as an affordable beverage which contributed to the regional growth of the market. The presence of such large players in the region further gives a boost to the growth of the market. Further, China is the major contributor to the revenue generation in the Asia-Pacific region followed by India as China is the largest tea producer globally. The growing food & beverage industry in the region is a key motivator responsible for the growth of the catechin market in the region. Apart from this, the rising use of natural ingredients in different products in the region is anticipated to drive the growth of the catechin market in the region. However, lack of awareness among people related to the health benefits of catechin in the region may hamper its market growth.  

Market Players Outlook

The key players of the catechin market include Hunan Sunfull Bio-tech Co., Ltd., Chengdu Wagott Biotech Co., Ltd., Hunan NutraMax Inc., Hangzhou Qinyuan Natural Plant High-tech Co., Ltd., Taiyo Kagaku Co., Ltd., Tate & Lyle PLC, and so on. The key players of the market are involved in the discovery of new product innovation by taking catechin as a major content to increase their market share. The continuous efforts of the market player to establish a cost-effective production procedure is anticipated to offer considerable opportunities for the growth of catechin market.

The Report Covers

• Market value data analysis of 2019 and forecast to 2026.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global catechin market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.