Polyphenols Market by Product (Grape seed, Green tea, Apple and Others), by Application (Functional beverages, Functional food, Dietary supplements and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018
Transparency Market Research (TMR), a market intelligence company based in the U.S., recently carried out a market study for the global polyphenols market. As per the findings of the market study report, the global polyphenols market is expected to be valued at US$873.7 million by 2018, growing from US$580 million in 2011 at a CAGR of 6.1% from 2012 to 2018. The report, titled “Polyphenols Market - Global Industry Analysis Size, Share, Growth, Trends and Forecast, 2012-2018”, is available for sale on the website.As per TMR’s market research report, growing health awareness and consequent inclination for herbal products among consumers, increasing geriatric population in certain geographical regions, and technological advancement in the extraction process of polyphenols will drive the global polyphenols market during the forecast period. However, limited availability of raw materials combined with strict quality standards may challenge the growth of the polyphenols market.
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The TMR report segments the polyphenols market on the basis of application, product groups, and geography. Based on the product groups, green tea, grape seed, and apples are the major products in the polyphenols market. Cocoa and olives are other sources of polyphenols and are included in the miscellaneous group in the polyphenols market. As per the report’s findings, grape seed held close to half the polyphenols market in 2011 followed by green tea. Green tea is a leading product group helped by its growing consumption in India, China, and Japan in the Asia Pacific region. Among the various sources of polyphenols, cocoa polyphenols could drive the market owing to their ability to help improve insulin resistance for diabetic patients. Additionally, the health benefits of polyphenols for the increasing aging populations in Europe and Asia Pacific will drive the polyphenols market in these regions.As per the TMR report, Asia Pacific accounted for more than 40% of the global polyphenols market in 2011. But a lack of regulations and standardization may challenge the polyphenols market in this heavily populated region. Regardless of this, Asia Pacific is projected to grow at a CAGR of 8% over the forecast period, which will be the fastest growth rate among the regional polyphenols markets. Europe and Asia Pacific were followed by Rest of the World (RoW) and North America, which accounted 27% of the polyphenols market in 2011.
Browse the full Polyphenols Market by Product (Grape seed, Green tea, Apple and Others), by Application (Functional beverages, Functional food, Dietary supplements and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 report at
http://www.transparencymarketresearch.com/polyphenol-market.html
On the basis of application, the polyphenols market has four major segments, namely dietary supplements, functional food, functional beverages, and others. As per the report, the functional beverage application held the largest share of the market in 2011, about 40%. The functional beverage application segment includes green tea and is projected to grow rapidly in Asian markets due to easy cultural acceptance of tea varieties.
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