Polyphenol Market Size (2024 - 2029)

Polyphenol Market Analysis

The Polyphenol Market size is estimated at USD 1.11 billion in 2024, and is expected to reach USD 1.7 billion by 2029, growing at a CAGR of 8.72% during the forecast period (2024-2029).

The COVID-19 pandemic has placed unprecedented stresses on food supply chains, with bottlenecks in farm labor, processing, transport, and logistics, as well as momentous shifts in demand. Food supply chains demonstrated a remarkable resilience in the face of these stresses. The effect on the agricultural sectors, including fruits, vegetables, spices, tea (raw material for Polyphenol), is marginal in some countries while considerable in countries; this is inturn expected to put pressure on entier supply chain of Polyphenol market over the medium term.

Growing awareness about the effectiveness of polyphenols in treating diabetes, cardiovascular diseases, high cholesterol, and cancer, along with the rising number of applications in the food and beverage and pharmaceutical sectors, is anticipated to drive product demand over the forecast period.

Further, the high functionality of superfoods, like food colorants, nutrient sources, and others, along with the positive perception of the term, 'natural', has been the primary attribute that is boosting the demand for natural food colorants in the market. The food industry dominates the market due to its continuous innovation in the sector, followed by the other market segments.

Based on source, grapes are most prevalent in the market studied. Due to certain technical properties, grapes are very stable to light, pH, and heat. These properties make them excellent replacers of artificial red food colors, thus, driving the usage of these natural colorant sources in the food and beverage industry. Green tea is another major source of polyphenol.

Globally, consumers are becoming health conscious, thus showing preference towards products that provide additional health benefits (such as health foods). This trend is expected to boost the polyphenols market as it is extensively used in health foods.

Polyphenol Industry Segmentation

Polyphenols are naturel compounds found abundantly in plants, including flavonoids, tannic acid, ellagitannin and phenolic acid, that greatly benefit the human body and help fight disease.

The global polyphenol market is segmented by form, source, application, and geography. On the basis of form, the market is segmented into liquid, powder, and others. On the basis of source, the market is segmented into plant extracts, fruits, vegetables, cocoa, and others. On the basis of application, the market is segmented into functional foods, dietary supplements, beverages, others. On the basis of geography, the study provides an analysis of the polyphenol market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.