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Catechin Market Size
Catechin Market size was valued at around USD 17.3 billion in 2022 and is estimated to register 4.2% CAGR from 2023 to 2032. Catechins are known for their antioxidant properties, which contribute to their potential health benefits. The rising interest in overall health and wellness has driven consumers to seek out foods and beverages rich in antioxidants like catechins. Research indicates that catechins might help regulate blood sugar levels and insulin sensitivity, which is relevant to managing diabetes and metabolic disorders.
Catechins possess strong antioxidant capabilities that help neutralize harmful free radicals in the body. Antioxidants are associated with reducing oxidative stress and protecting cells from damage, which contributes to overall well-being.
Report Attributes | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 17.3 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 4.2% |
2032 Value Projection: | USD 26.2 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 246 |
Segments covered: | Type, Source, Function, Application, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Ensuring consistent quality and standardization of catechin-containing products can be challenging, especially when sourcing from different suppliers or regions. Catechins can be sensitive to factors such as heat, light, and oxygen, which can lead to degradation and reduced potency. The availability and consistency of catechin-rich raw materials, such as tea leaves or specific fruits, can be affected by factors like climate, weather conditions, and agricultural practices Thus, the risks associated with catechin may drive down the acceptance rate, further hampering the business growth.
COVID-19 Impact
Consumer priorities shifted during the pandemic, with an increased focus on health and well-being. This led to a potential uptick in demand for products containing catechins due to their perceived health benefits. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the catechin industry expansion in the upcoming years.
Catechin Market Trends
The COVID-19 pandemic heightened consumer awareness of the importance of immunity and overall health. Catechins, with their antioxidant properties, are increasingly sought after for their potential health benefits. The preference for natural and plant-based ingredients is driving the demand for catechin-rich products sourced from tea, fruits, and other plant-based sources. Catechins are being incorporated into various functional foods, beverages, and nutraceuticals aimed at providing health benefits beyond basic nutrition. Thus, the growing prevalence is expected to expedite the overall market growth.
Catechin Market Analysis
Based on type, the catechin market is segmented as epicatechin, epicatechin gallate (ECG), epigallocatechin (EGC), epigallocatechin gallate (EGCG), Other. Epicatechin held a majority market value of USD 4.8 billion in 2022. Epicatechin is associated with improvements in heart health, including vasodilation and blood vessel function, which drives its demand in heart-healthy products. Moreover, an increasing usage will further accelerate the segmental growth.
Based on source, the catechin market is segmented as green tea catechins, cocoa catechins, red wine catechins, fruits, vegetables, other. Green Tea Catechins held a dominant market share of around 32% in 2022 and is expected to grow at a lucrative pace through 2032. Tea is a traditional and culturally significant source of catechins, driving demand due to its long history of consumption.
Based on function, the catechin market is segmented as antioxidant properties, cardiovascular health, weight management, skin health, anti-inflammatory effects, brain health. Antioxidant Properties held a dominant market share in 2022 and is anticipated to grow at 3.8% CAGR up to 2032. Antioxidants, including catechins, are associated with potential anti-aging effects, driving demand for products with antioxidant-rich ingredients. Thus, the high-quality services and growing usage of catechin are anticipated to expedite the business growth.
Based on application, the catechin market is segmented as functional foods and beverages, cosmetics and skincare, pharmaceuticals, others. Functional Foods and Beverages held a dominant market share in 2022 and is anticipated to grow significantly through 2032. Tea, a traditional source of catechins, remains a popular beverage choice worldwide, driving demand for catechin-rich tea products.
U.S. dominated the North American region with majority market share and a revenue of USD 4.5 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. North American consumers are increasingly prioritizing health and wellness, driving demand for products containing functional ingredients like catechins.
Catechin Market Share
Some of the major industry players operating in the Catechin market are
- Taiyo International
- DSM Nutritional Products
- Taiyo Green Power
- Xian Sgonek Biological Technology Co., Ltd.
- Shaanxi Jintai Biological Engineering Co., Ltd.
- Hangzhou New Asia International Co., Ltd.
- Taiyo Kagaku Co., Ltd.
- Chengdu Wagott Bio-Tech Co., Ltd.
- Hunan NutraMax Inc.
- Tianjin Jianfeng Natural Products Co., Ltd.
- Xian Shunyi Bio-Chemical Technology Co., Ltd.
- Changsha Vigorous-Tech Co., Ltd.
- Shaanxi Pioneer Biotech Co., Ltd.
- Xi'an Sonwu Biotech Co., Ltd.
Botaniex Inc.These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Catechin Industry News:
- In 2021, Chinese Catechin manufacturers Taiyo Green Power Wxee and Hangzhon Qinynan natural Sunfall Biotech Limited collaborated to produce High-Quality Catechin tea to serve the global market, according to FMI China will be leading the global Catechin Industry in the forecast period (2022 to 2032).
Catechin market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:
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By Type
- Epicatechin
- Epicatechin gallate (ECG)
- Epigallocatechin (EGC)
- Epigallocatechin gallate (EGCG)
- Other Catechin Derivatives
By Source
- Green Tea Catechins
- Cocoa Catechins
- Red Wine Catechins
- Fruits
- Vegetables
- Other Plant-Based Sources
By Function
- Antioxidant Properties
- Cardiovascular Health
- Weight Management
- Skin Health
- Anti-Inflammatory Effects
- Brain Health
By Application
- Functional Foods and Beverages
- Cosmetics and Skincare
- Pharmaceuticals
- Others
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Egypt
Frequently Asked Questions (FAQ) :