Global Polyphenol Market Is Expanding Owing To Growing Development Of Polyphenol-Rich Products For Health Improvement
Overview:
Polyphenols are a group of antioxidant plant compounds that have been shown to lower the risk of heart disease, improve blood sugar control, reduce inflammation and reduce the risk of cancer. Many foods are naturally rich in polyphenols. The most abundant phenolic compounds in plants are flavonoids, which include resveratrol, ellagic acid and luteolin. They are chemically characterized by multiple phenol rings linked to aromatic hydroxyl groups or phenyl groups. They may also contain carboxylic acid, amines, or lipids. They can be arranged in different ways and are classified on the basis of their structural elements that bind the phenol rings together.
A polyphenol-rich diet has been linked to a reduced risk of diabetes, which can be due to preventing the breakdown of starch into simple sugars. They can also stimulate insulin secretion to keep blood sugar levels stable. Consuming a diet with lots of fruits and vegetables is an excellent way to get a variety of antioxidant-rich polyphenols. Including fruits such as berries, grapes, kiwi, pears, apples, and oranges is especially helpful.
Market Dynamics:
Growing product launches are estimated to augment growth of the global Polyphenol Market during the forecast period. For instance, Non-GMO Project Verified botanical extracts portfolio was launched by Layn Natural Ingredients in 2021. This new product line is focusing on polyphenol-rich botanical extracts having high functional benefits in sports nutrition, food and beverage sector. Moreover, lack of raw materials and strict quality standards are anticipated to restrain growth of the global polyphenol for market during the forecast period.
Impact of COVID-19:
COVID-19 was first reported in Wuhan in China in December 2019. In 2020, it was announced as a public health emergency by the World Health Organization. The pandemic affected several countries and it created a havoc in many businesses. Several guidelines and strict rules were implemented in many regions. This affected trade activities in many countries. There was a lack of transportation and skilled professionals in many regions. This affected the overall demand for polyphenols. Thus, the pandemic hindered the growth of the global polyphenol for market during the pandemic.
Key Takeaways:
The global Polyphenol Market is expected to witness robust growth, exhibiting CAGR of 8.72 % over the forecast period, due to growing acquisition by key players.
For instance, ABF Ingredients acquired a life science company Fytexia Group, it develops active nutrients for dietary supplements, in February 2022. This acquisition will enhance ABFI’s portfolio of products in the nutritional, pharmaceutical, and food market.
Asia Pacific is anticipated to witness robust growth in the global polyphenol for market during the forecast period, due to growing awareness about nutritional enrichment in the region.
Key players active in the global Polyphenol Market are Nutra Green Biotechnology Co., Ltd., Archer Daniels Midland, Vidya Herbs, Naturex SA, Indesso, Diana Foods, International Flavors & Fragrances Inc, Indena S.p.A, Symrise, Chr. Hansen Holdings A/S, Sensient Technologies Corporation, Barry Callebaut, Synergy Flavors Inc., Givaudan SA, and Döhler Group.
Comments
Post a Comment