Home > Food & Beverages > Nutraceuticals > Herbal Supplements > Tea Polyphenols Market

Tea Polyphenols Market Analysis

  • Report ID: GMI2964
  • Published Date: Nov 2023
  • Report Format: PDF

Tea Polyphenols Market Analysis

Based on product, the black tea segment held over 61.7% of the market share in 2022, owing to its higher concentration of polyphenols, particularly catechins, renowned for their potent antioxidant properties. Its perceived health benefits, such as aiding weight management and supporting cardiovascular health, have fuelled its popularity among health-conscious consumers, contributing significantly to its market share. Oolong tea, with intermediate levels of oxidation, occupies a smaller market share but presents growth potential, especially as consumers explore diverse tea varieties and their associated health benefits, contributing to a gradual expansion of its market presence.
 

Based on application, The functional beverages segment recorded more than 53.8% of the tea polyphenols market share in 2022, due to their popularity among health-conscious consumers seeking convenient and enjoyable ways to incorporate antioxidants into their daily routine. Functional foods also secure a substantial market share, as tea polyphenols are increasingly used in food products to enhance nutritional value and offer health benefits. Dietary supplements, benefiting from the growing awareness of tea polyphenol health advantages, hold a notable market share as consumers seek targeted and concentrated doses of these antioxidants.
 

Cosmetics represent a smaller but expanding market share, driven by the rising demand for natural ingredients in skincare and personal care products, leveraging tea polyphenols' antioxidant and anti-aging properties. Other applications encompass a range of sectors where tea polyphenols are utilized, contributing to a diversified market presence but with relatively smaller individual market shares compared to the dominant segments of functional beverages, functional foods, and dietary supplements.
 

Based on distribution channel, the internet retailing emerges as a rapidly growing segment, capturing a significant tea polyphenols market share about 42% in 2022, attributed to the increasing preference for online shopping, especially for health and wellness products. The convenience, wide product variety, and accessibility offered by online platforms have led to substantial sales of tea polyphenol products. Mass retailers also secure a notable market share as they cater to a broad consumer base, offering tea polyphenol products in various formats, reaching a diverse audience seeking health-oriented items.
 

Direct sales channels, although holding a smaller revenue share, play a significant role in the market by allowing companies to establish closer connections with consumers through personalized interactions and education about tea polyphenols' benefits. Other distribution channels encompass various outlets, such as specialty stores and pharmacies, contributing to the market's diversity but holding relatively smaller shares compared to internet retailing and mass retailers, reflecting the changing landscape of consumer preferences towards more convenient and accessible purchasing options.
 

U.S. Tea Polyphenols Market Size, 2021- 2032 (USD Million)

North America tea polyphenols market accounted for 41.8% of the revenue share in 2022. The U.S. market demonstrates a robust demand for tea polyphenol-enriched products across various segments, including functional beverages, dietary supplements, and cosmetics. This demand is propelled by a health-conscious population seeking products that offer antioxidant properties and potential health advantages.
 

Moreover, the presence of key industry players investing in research and development, coupled with effective marketing strategies, contributes to the market's growth in the U.S. The region's strong retail infrastructure and a growing trend toward e-commerce further bolster the accessibility and availability of tea polyphenol products, solidifying North America's prominent position in the global market.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of tea polyphenols reached USD 270.76 million in 2022 and is set to expand at 5.8% CAGR from 2023 to 2032, due to the rising consumer awareness regarding the health benefits of these compounds, including their antioxidative and anti-inflammatory properties.

Black Tea segment share was around 61.7% in 2022, owing to its higher concentration of polyphenols, particularly catechins, renowned for their potent antioxidant properties.

North America market share was around 41.8% in 2022, as the region demonstrates a robust demand for tea polyphenol-enriched products across various segments, including functional beverages, dietary supplements, and cosmetics.

Taiyo International, Indena S.p.A., Layn Natural Ingredients Corp., Naturex (now part of Givaudan), DuPont Nutrition & Biosciences, and FutureCeuticals.

Tea Polyphenols Market Scope

Buy Now


Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 185
  • Countries covered: 19
  • Pages: 120
 Download Free Sample