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Tea Polyphenols Market size exceeded USD 260 million in 2021 and is estimated to witness at over 5.8% CAGR from 2022 to 2028 owing to the increasing consumer awareness towards a healthy lifestyle along with favorable government regulations have positively influenced business during the forecasted timeframe.
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Polyphenol additives are added in small quantities in various food products for enhancing their taste, flavor, aroma, texture, and to maintain their freshness. Changing lifestyle patterns of consumers and the rising women workforce has initiated high consumption of processed food & beverages which has further stimulated the tea polyphenols market share globally.
Rapid technology expansion in the food industry about consumer demand for natural and organic food options will positively drive market growth. Tea polyphenols are available at minimal cost and derived from natural sources which are beneficial to manufacturers. Also, these products provide various nutritional benefits and required less processing as compared to artificial sources thus making them a preferred ingredient in various applications. Further, the rising inclination towards adoption of tea polyphenol in bakery & confectionery, dairy, and meat products owing to its benefits is expected to highly foster the tea polyphenols market growth.
Report Coverage | Details |
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Base Year: | 2021 |
Market Size in 2021: | 260.94 Million (USD) |
Forecast Period: | 2022 to 2028 |
Forecast Period 2022 to 2028 CAGR: | 6% |
2028 Value Projection: | 403.13 Million (USD) |
Historical Data for: | 2017 to 2021 |
No. of Pages: | 304 |
Tables, Charts & Figures: | 427 |
Segments covered: | Product |
Growth Drivers: |
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Pitfalls & Challenges: |
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The market for tea polyphenols has witnessed a strong foothold in developed countries such as the U.S., France, Canada, and Germany owing to high consumer spending on premium natural products to improve their lifestyle and health factors. Tea polyphenol has been extensively used in smoothies, personal care items, and dietary supplements owing to the presence of catechin, thearubigenes, and theaflavins.
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Black tea polyphenol market is anticipated to cross USD 47 million by 2028. High consumption of black tea polyphenol owing to its various health benefits and cost-effectiveness will promote the product demand. Black tea is a completely fermented type, prepared by keeping the leaves for fermentation after plucking. This process results in the oxidation, polymerization of polyphenols by changing the nature of chemical constituents of tea leaves by forming two coloring polyphenol groups. Further, Black tea polyphenols bolster the body’s defences against ailments including cancer, allergies, and cognitive decline.
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Tea polyphenol market from functional beverage expected to cross total market size of over USD 200 million by 2028 owing to the rising health care & wellness awareness, busy lifestyles, and increasing demand from the millennial generation have propelled the consumption of convenience beverages. Also, the concept of healthiness-on-the-go along with the innovations in the health drink sector has boosted the market for functional beverages which in turn will drive the product demand during the forecast period.
Tea polyphenol’s antioxidant, antidiabetic, antiallergic, and neuroprotective properties have augmented its consumption in the beverage industry with specific reference to innovative drinks for overweight and diabetic consumers. Further, it helps in reducing the risk of chronic disease beyond basic nutritional functions thus boosting its demand for varied beverage products.
Also, the rapid adoption of organic beverages due to their purity factors and rising health awareness will support the tea polyphenols market share in the global market.
Internet retailing distribution channel segment is expected to surpass USD 120 million in 2021 with a CAGR of more than 6% from 2022 to 2028 owing to changing buying behaviour after the outbreak of the covid-19 pandemic. The widespread utilization of tea polyphenol extracts is rapidly increasing at a faster pace due to the availability of the internet and easy online accessibility.
Further, internet retailing enables comfort ordering at lower costs from anywhere across the world. Also, the readily available information of manufacturers and distributors along with easy purchasing will accelerate the tea polyphenols market sales.
Asia Pacific tea polyphenol market value is projected to cross USD 126 million by 2028 due to its rising application in the nutraceutical industry for its taste and antioxidant properties. Asia Pacific countries including India, China, and Japan is the leading producer of tea lives owing to the rural population in the region. China is a leading manufacturer and distributor of tea extracts because of fewer government regulations.
Asia pacific tea polyphenol markets are mainly driven by growth in the food and beverage sector. Also, an increase in demand for packaged food and beverages due to hectic life will drive the market growth. Tea polyphenol is used in packaged foods to enhance its shelf life as well as to maintain the freshness of the products. Rapid urbanization with a growing middle-class population will boost the demand for packaged food and beverages in the region.
Tea polyphenol industry share is a fragmented market owing to the presence of various global as well as local companies regulating industry growth. Some of the key players in the market include Sun Time Tea Company, Shaanxi Dongyu Tea, Tea’s Me Company, Berkem, Amax Nutrasource Inc., Indena Spa, Martin Bauer Group, Archer Daniels Midland Company, Cymbio Pharma Private Limited, and FutureCeuticals. The key players in the market are mainly focusing on new product launches, acquisitions, and expansion in developing and developed economies to capture a good market share.
In February 2018, Berkem acquired EUROLYO within its extraction division, the Berkem Group is strengthening and expanding its range of outsourced services for cosmetics and nutraceutical markets.
The tea polyphenol market report includes in-depth coverage of the industry with estimates & forecasts in terms of volume in Tons and revenue in USD Million from 2022 to 2028 for the following segments:
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The above information has been provided on a regional and country basis for the following: