Phenolic content in tea refers to the phenols and polyphenols present in tea. These compounds are composed of catechin derivatives and intake of these phenols lowers risk of severe illnesses such as cancer, cardiovascular and neurodegenerative diseases.
Hectic lifestyle, coupled with improper diet has increased prevalence of chronic diseases including diabetes, cancer, and obesity, nonetheless, rising health concerns amongst consumers is the major factor driving growth of the global tea polyphenol market, owing to the health benefits it provides. High demand for tea polyphenols from functional food & beverages products and increasing adoption in nutraceuticals industry to are other major factors expected to support growth of the global tea polyphenols market over the forecast period. However, stringent government rules and regulations regarding tea polyphenols and its supplements, and various side effects associated with improper consumption are major factors restraining growth of this market.
The global tea polyphenols market report has been segmented on the basis of product, application, and region. On the basis of product, the global tea polyphenols market is segmented into green tea polyphenols, oolong tea polyphenols, and black tea polyphenols. Green tea polyphenols accounted for major revenue share, owing to high demand for green tea polyphenols demand and treatment of skin cancer, sickle cell disease, and weight management.
On the basis of applications, the global tea polyphenols market is segmented into functional beverages, functional food, dietary supplements, and others. Functional beverages accounted for major revenue share, owing to high demand from emerging countries such as China and India and increasing health concerns among the population in these countries.
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On the basis of region, the global tea polyphenols market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is estimated to dominate growth of the global tea polyphenol market, owing to increasing disposable income and demand for functional beverages in countries in the region.
Key players in the global Ajinomoto OmniChem NV, Amax NutraSource, Inc., Frutarom Industries Ltd., Indena S.p.A., Guilin Layn Natural Ingredients Corp., Barry Callebaut AG, Bio Serae Laboratoires SAS, Chr. Hansen A/S, and Danisco A/S.