Catechin Market Outlook, Industry Share, Demand and Forecast 2023-2028
IMARC Group has recently released a new research study titled “Catechin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the catechin market demand, drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
The global catechin market is expected to exhibit a growth rate (CAGR) of 4.6% during 2023-2028. Catechin is a natural phenolic phytochemical found in cocoa, berries, and green tea leaves. It is extracted using solvent extraction, microwave-assisted extraction (MAE), ultrasound-assisted extraction (UAE), supercritical fluid extraction (SFE), and high hydrostatic pressure (HHPE) processes.
Catechin is a rich source of antioxidant and antimicrobial properties which prevent arthritis, diabetes, obesity, infections, and cardiovascular diseases (CVDs). Green tea is one of the most common and widely used sources for catechin extraction worldwide. Due to its ability to recover cognitive functions associated with neurodegenerative diseases, catechin has gained prominence across the globe.
What are the growth prospects and trends in the industry?
The global catechin market is primarily driven by the associated benefits of catechin as it contains anti-oxidative, hypertensive, inflammatory, proliferative, thrombogenic, and hyperlipidemic properties. Catechin also has beneficial effects on counterbalancing neurodegenerative events associated with aging.
The growing health consciousness among consumer has resulted in the adoption of healthier dietary habits and food products, thus propelling the demand for catechin in everyday diet. In addition, the surging popularity for fortified foods among consumers is also augmenting the market growth.
The rising applications of catechin in the nutraceutical industry are also catalyzing the product demand. Catechin is extensively used in dietary supplements as they affect molecular mechanisms involved in angiogenesis, extracellular matrix degradation, cell death regulation, and multi-drug resistance in cancers.
The rising number of clinical trials that determine the benefits of catechins on counterbalancing neurodegenerative events are facilitating the market growth. Furthermore, extensive research and development (R&D) activities in the healthcare industry to develop targeted dietary supplements are also anticipated to impel market growth in the upcoming years.
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Competitive Landscape With Key Players:
The competitive landscape of the catechin market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Botaniex Inc.
- Chengdu Wagott Bio-tech Co. Ltd.
- Hangzhou Qinyuan natural plant technology Co. Ltd.
- Hunan Nutramax Inc.
- Hunan Sunfull Bio-tech Co. Ltd.
- Infré SA
- Kemin Industries Inc.
- Revolution Tea Llc
- Shaanxi Dongyu Bio-Tech Co. Ltd.
- Sigma-Aldrich Inc. (Merck KGaA)
- Taiyo Green Power Co. Ltd.
Key Market Segmentation:
The report has segmented the global catechin market based on type, application and region.
Breakup by Type:
- EGC
- EGCG
- Others
Breakup by Application:
- Pharmaceuticals
- Beverages
- Supplements
- Mouth Rinsing Agents
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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