Polyphenol Market is Estimated to Witness High Growth Owing to Growing Usage in Food and Beverage Industry
The global polyphenol market is largely categorized into the product types such as apple polyphenols, green tea polyphenols, grape seed polyphenols, olive polyphenols and others. Polyphenols are extensively used as additives in food and beverages and cosmetics given their antioxidant properties. Polyphenols help neutralize free radicals and also support cellular health in the human body. They provide beneficial outcomes in preventing various chronic diseases such as cancer and cardiovascular diseases.
The Global polyphenol Market is estimated to be valued at US$ 1921.74 Mn in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the polyphenol market are Archer Daniels Midland Company, Kemin Industries, International Flavors Fragrances Inc., Aquanova AG, Ajinomoto Co. Inc., Penta International Corp, Chr., Hansen A/S, Biolink Group, Indena SpA, Symrise AG, and Van Drunen Farms.
The key opportunities in the polyphenol market include growing demand for functional foods with health benefits, increasing awareness about quality food ingredients among consumers, and positive outlook towards natural food additives.
Technological advancements such as improved extraction technologies using enzymes and membrane technology have enhanced the yields and quality of polyphenol extracts from natural sources such as grapes, olives, and green tea leaves. This is expected to drive the polyphenol market growth.
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