Tea polyphenols market is anticipated to grow at a CAGR of 8.0% during the forecast period. Polyphenols are plant compounds that offer various health benefits, taste, flavor, and others. Tea polyphenols support the prevention of the occurrence of several diseases. Tea polyphenols are generally found in green tea, oolong tea, and black tea, act as antioxidants and support the prevention of neurodegenerative diseases such as Alzheimer’s, and Parkinson’s. Green tea contains high levels of polyphenolic content such as catechins and flavanols. According to the Centers for Disease Control and Prevention (CDC), in 2020, around 5.8 million people in the US were suffering from Alzheimer’s disease, and the number is projected to triple to 14 million people by 2060. Additionally, according to the National Library of Medicine (NIH), green tea polyphenols is being considered therapeutic agents and can serve as possible neuroprotective agents in progressive neurodegenerative disorders such as Parkinson's and Alzheimer's diseases. Hence, these factors contribute to the growth of the global tea polyphenols market.
Segmental Outlook
The global tea polyphenols market is segmented based on product and application. Based on the product, the market is segmented into green tea, oolong tea and black tea. Based on application, the market is segmented into functional beverages, functional food, dietary supplements, and cosmetics. The above-mentioned segments can be customized as per the requirements. Based on product, the green tea segment is anticipated to grow at the fastest CAGR during the forecast period. Green tea polyphenols are widely used in the treatment of sickle cell disease, skin cancer, and weight management, which in turn, is contributing to the potential share of this segment. Green tea polyphenols are produced from fresh leaves steaming at a high temperature which keeps polyphenols intact in the tea. Green tea is exceptionally high in flavonoids that can support to boost heart health by lowering bad cholesterol and reducing blood clotting. In addition, it has anti-inflammatory properties and improves liver, kidney, and other body functions, which boosts the demand for green tea polyphenols. According to the Food and Agriculture Organization of the United Nations (FAO), world green tea production is projected to increase at a faster rate of 6.3% annually owing to the expansion in China, where the output is anticipated to double by 2030. China is the leading exporter of green tea with more than 70% of green tea exports followed by Vietnam with around 20% of the exports.
Regional Outlook
The global tea polyphenols market is further segmented based on geography including North America (the US and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Asia-Pacific is anticipated to hold a considerable share in the tea polyphenols market owing to the significant presence of an ageing population and rising demand for functional food and beverages in the region.
Global Tea Polyphenols Market Growth, by Region 2022-2028
Asia-Pacific Region to Witness Considerable Share in the Global Tea Polyphenols Market During the Forecast Period.
Asia-Pacific region is anticipated to grow at the fastest rate during the forecast period. The region is the largest producer of tea, which in turn, is resulting in the potential availability of raw materials in the region. The Consumption of tea polyphenols is increasing in the region owing to its easy availability at a very cost-effective rate. Countries, such as China, India, and Japan are some key producers of tea, with China being the leading manufacturer and distributor and India being the largest producer of black tea and the largest consumer of tea across the globe. According to the Food and Agriculture Organization of the United Nations (FAO), China is the largest tea producer, accounting for 47% of global output, reaching 3.1 million tonnes in 2021, compared to 2.9 million tonnes in 2020. Additionally, the expansion of manufacturing of cosmetics and functional foods and beverages is accelerating the market growth in the region.
Market Players Outlook
The major companies operating in the global tea polyphenols market include Amax NutraSource, Inc., International Flavors & Fragrances Inc., Naturex SA (Givaudan SA), Botaniex, Inc., and Berkem Group. The market players are contributing significantly to the market growth by the adoption of various strategies including partnerships, mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in August 2021, Taiyo International, Inc. and ITO EN partnered which supplies organic ceremonial green tea and matcha powder, this partnership will support the former company explore new product offerings to American consumers in addition to a product lineup of beverage, tea bags, and tea powder.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Amax NutraSource, Inc.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. International Flavors & Fragrances Inc.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Naturex SA (Givaudan SA)
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Botaniex, Inc.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Berkem Group
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Tea Polyphenols Market by Product
4.1.1. Green Tea
4.1.2. Oolong Tea
4.1.3. Black Tea
4.2. Global Tea Polyphenols Market by Application
4.2.1. Functional Foods
4.2.2. Functional Beverages
4.2.3. Dietary Supplements
4.2.4. Cosmetics
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. A. Holliday & Co. Inc.
6.2. Archer Daniels Midland Co.
6.3. Chr. Hansen A/S
6.4. Cymbio Pharma Pvt. Ltd.
6.5. FutureCeuticals
6.6. Layn Natural Ingredients Corp.
6.7. Prinova Europe Ltd.
6.8. Sabinsa Corp.
6.9. SV Agrofood
6.10. Taiyo International
6.11. Tianjin Jianfeng Natural Product R & D Co., Ltd.
1. GLOBAL TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL GREEN TEA POLYOHENOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL OOLONG TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL BLACK TEA POLYPHENEOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
6. GLOBAL TEA POLYPHENOLS FOR FUNCTIONAL BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL TEA POLYPHENOLS FOR FUNCTIONAL FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL TEA POLYPHENOLS FOR DIETARY SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL TEA POLYPHENOLS FOR COSMETICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. NORTH AMERICAN TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
12. NORTH AMERICAN TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
13. NORTH AMERICAN TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
14. EUROPEAN TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. EUROPEAN TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
16. EUROPEAN TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
17. ASIA-PACIFIC TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. ASIA-PACIFIC TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
20. REST OF THE WORLD TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. REST OF THE WORLD TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
22. REST OF THE WORLD TEA POLYPHENOLS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL TEA POLYPHENOLS MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
2. GLOBAL GREEN TEA POLYPHENOLS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL OOLONG TEA POLYPHENOLS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL BLACK TEA POLYPHENOLS MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL TEA POLYPHENOLS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
6. GLOBAL TEA POLYPHENOLS FOR FUNCTIONAL BEVERAGES MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL TEA POLYPHENOLS FOR FUNCTIONAL FOOD MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL TEA POLYPHENOLS FOR DIETARY SUPPLEMENTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL TEA POLYPHENOLS FOR COSMETICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL TEA POLYPHENOLS MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. US TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
12. CANADA TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
13. UK TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
14. FRANCE TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
15. GERMANY TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
16. ITALY TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
17. SPAIN TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
18. REST OF EUROPE TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
19. INDIA TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
20. CHINA TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
21. JAPAN TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
22. SOUTH KOREA TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF ASIA-PACIFIC TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF THE WORLD TEA POLYPHENOLS MARKET SIZE, 2021-2028 ($ MILLION)