Tea Polyphenols Market Size, Share and Industry Analysis Report by Product (Black Tea Polyphenols, Green Tea Polyphenols, Oolong Tea Polyphenols), Application (Functional Beverages, Functional Food, Dietary Supplement, Cosmetics, Others) and Distribution Channel (Internet Retailing, Mass Retailing, Direct Sales, Others), Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 - 2028
The tea polyphenols market is estimated to see robust growth through 2028 owing to surging produce adoption in leading regions across the globe. In addition, rising awareness pertaining to the health benefits of tea polyphenols is poised to further impel industry growth over the forecast timeline.
Polyphenols refer to the major active compounds that are found in teas. Green tea, in particular, includes key polyphenolic compounds viz., catechins, which include epigallocatechin, epicatechin-3-gallate and epicatechin, epigallocatechin-3-gallate (EGCG), gallocatechins, and gallocatechin gallate. Studies suggest that tea polyphenols are beneficial in combating various diseases, including diabetes, scurvy, high blood pressure, cerebrovascular diseases, cancer, cardiovascular diseases, and neurodegenerative diseases, among other illnesses.
Recently, the onset of COVID-19 prompted the need for effective therapeutic approaches to fight against the novel coronavirus. To that effect, an October 2021 study published in Drug Design, Development and Therapy indicated that EGCG portrays antiviral properties against several viruses, including SARS-Cov-2, the agent that causes the COVID-19 infection.
In another instance, a February 2022 Foods paper established that tea polyphenols could intervene and prevent in COVID-19 through intestinal microbiota. As a result, mounting prominence of polyphenolic compounds present in tea against the novel coronavirus has positively influenced the growth of the tea polyphenols industry during the pandemic.
The tea polyphenols market has been segmented based on product, application, distribution channel, and region. From the application point of view, the market has been categorized into functional food, dietary supplements, cosmetics, and functional beverages.
The functional food sub-segment holds a considerable share in the market and is slated to reach a sizable revenue by the end of the assessment period. Growing consumption of healthy food, including cereals, multigrain breads, and dairy products, owing to its health benefits is boosting product demand, which is likely to contribute to market growth significantly in the coming years.
On the regional spectrum, the Latin America tea polyphenols market is calculated to account for a notable portion of the overall industry revenue by 2028, growing at a steady CAGR over the review timeline. Rising health concerns among the younger population and changing dietary habits of consumers are bolstering the adoption of healthy beverages, which is set to propel product uptake in LATAM in the upcoming years.
Meanwhile, the Middle East & Africa tea polyphenols market is anticipated to record a solid CAGR through the forecast timespan to garner a substantial valuation by the end of 2028. Increasing consumer inclination towards organic products due to their cultivation procedure of not utilizing harmful pesticides is speculated to foster market outlook in the MEA region in the future.
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