Tea Polyphenols Market 2019 Insights, Trends, Forecast 2024
Category: #business  By Partha Ray  Date: 2019-09-13
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Tea Polyphenols Market 2019 Insights, Trends, Forecast 2024

Global Market Insights, Inc. has announced the launch of Tea Polyphenols market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.

 Increasing health awareness and consumer inclination towards organic products would drive global tea polyphenols market. For producing the product, tea leaves are utilized in unfermented, semifermented and fully fermented state. It contains amino acids which helps to cure high blood pressure and obesity. It is fused in food & beverages to enhance their nutritional benefit as well as to innovate products.

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Tea polyphenols market from functional beverage application would surpass over USD 170 million by 2024. The production and consumption of functional beverages have gained importance as they provide health benefit beyond basic nutritional functions. Beverages are by far most active category owing of convenience and possibility to meet buyer demands. They detoxify the body along with providing essential vitamins and minerals thus, propelling market growth.

Oolong tea polyphenols market is anticipated to exceed 2 kilo tons in the projected timeframe. Oolong tea polyphenols are semifermented in nature and is cultivated in Asia Pacific due to its climatic and soil conditions. The extracts have increased utilization in nutraceutical and personal care industry giving a stimulating effect. It can be incorporated with smoothies thus boosting product growth.

Higher prices of green tea polyphenols compared to other beverages including oolong and black tea with little buyer awareness towards product might hinder industry growth. Other restrictive factors include high production cost incurred owing to environmental and transportation with being a labor-intensive industry. This can be overpowered by increasing capital by industry players to expand their product portfolio.

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Green tea polyphenols industry size from cosmetic application may observe gains up to 6.5% in the estimated timeframe. Global organic cosmetic industry was valued at 12.5 billion in 2017 and is expected to grow at 7%. The extracts are utilized in cosmetic products due to its antioxidant abilities for detoxifying from free radicals and treating dull & dry skin. Changing preferences of consumers for organic toner, moistures, and face serums would drive tea extract product demand.

Global oolong tea polyphenols industry size is projected to exceed USD 60 million in the estimated timeframe. The growth can be attributed to product and utilization in niche application followed by high product pricing. It is considered of fine quality due to its semi-fermented nature. It contains EGCG, L-theanine which reduces risk of cancer due to its antioxidant properties, thus boosting industry size.

Camellia sinensis is an essential raw material for producing these extracts. The production is mainly concentrated in Japan, China, Australia and India which makes procurement of Camellia sinensis difficult. Heavy expenditure incurred in transportation from these regions adds up to final cost for manufacturing product, thus affecting tea polyphenols industry profitability.

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U.S. green tea polyphenols industry size is projected to exceed USD 30 million in the forecast timeframe. Consumers utilize the product in functional foods owing to low calories. High buyer acceptability towards organic products and connected health benefits would upsurge regional industry size.

Global tea polyphenols industry share is competitive and consolidated with major industry participants including Shaanxi Dongyu Tea Co, Ajinomoto OmniChem Natural Specialty, Arjuna Naturals, Chengdu Wagott Bio-Tech Co., Berkem and DuPont-Danisco. Manufacturers make heavy investments in R&D to enhance their product offerings. They are also coming into long-term contracts with raw material suppliers for easy sourcing of the product.

Tea polyphenols market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD from 2013 to 2024, for the following segments:

Tea Polyphenols Market, By Product

  • Green tea
  • Oolong tea
  • Black tea

Tea Polyphenols Market, By Application

  • Functional beverage
  • Functional food
  • Dietary supplement
  • Cosmetics
  • Others

Matcha Market, By Distribution

  • Mass retailer
  • Online-retailing
  • Direct sales
  • Others

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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