Polyphenols Market Trends 2014 To 2020 by Grand View Research, Inc.

The global market for polyphenols is expected to reach USD 1,025.7 million by 2020, according to a new study by Grand View Research, Inc. Increasing geriatric population mainly in U.S., Western Europe and Japan is expected to drive polyphenols demand over the forecast period. Growing consumer awareness regarding health benefits offered by polyphenols is also expected to augment the demand, especially in relatively developed markets. Concerns regarding constant raw material procurement and non-uniform labeling regulations across various regional markets are expected to be key challenges for industry participants.

Grape seed polyphenols emerged as the leading product segment in the global market and accounted for 53.9% of total market volume in 2013. Green tea polyphenols are expected to be the fastest growing product segment, at an estimated CAGR of 8.9% from 2014 to 2020.

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Further key findings from the study suggest:

• Global polyphenol demand was 14,070.7 tons in 2013 and is expected to reach 24,992.1 tons by 2020, growing at a CAGR of 8.7% from 2014 to 2020.

• Functional beverages dominated the application market for polyphenols and accounted for 44.3% of total market volume in 2013. In addition to being the largest application market, functional beverages are also expected to be the fastest growing application market for polyphenols at an estimated CAGR of 9% from 2014 to 2020.

• Asia Pacific continued its dominance in the global market and accounted for 40.9% of total market volume in 2013. Along with being the largest market, Asia Pacific is also expected to be the fastest growing market for polyphenols, at an estimated CAGR of 9.2% from 2014 to 2020. Asia Pacific was followed by North America and Europe in 2013, in terms of consumption.

• The global market for polyphenols is highly concentrated and is led by top multinational corporations such as Naturex, Layn Natural Ingredients and Ajinomoto OmniChem Natural Specialties. Some of the other companies operating in the global market include, Indena, Frutarom Ltd., Diana Naturals, Chr. Hansen, DuPont-Danisco, ADM and Prinova.

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For the purpose of this study, Grand View Research has segmented the global polyphenols market on the basis of product, application and region:

Global Polyphenols Product Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)

            • Grape Seed

            • Green Tea

            • Apple

            • Other

Global Polyphenols Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)

            • Functional Beverages

            • Functional Food

            • Dietary Supplements

            • Other

Polyphenols Regional Outlook (Volume, tons; Revenue, USD Million, 2012 - 2020)

            • North America

            • Europe

            • Asia Pacific

            • RoW

Tea Polyphenols Market Research Report To 2020: Grand View Research, Inc.

The global market for tea polyphenols is expected to reach USD 367.7 million by 2020, according to a new research report by Grand View Research, Inc. Growing consumer awareness regarding nutritional benefits offered by tea polyphenols is expected to boost market demand over the forecast period. Grand View Research further observes that growing aging population mainly in Japan and Western Europe is expected to drive the market for tea polyphenols over the next six years. In addition, the changing lifestyle has led to increased global prevalence of diabetes and cancer, which has resulted in a shift to consume nutraceutical products including tea polyphenols.
Green tea polyphenols emerged as the leading product segment consumed worldwide and accounted for over 70% of the total market in 2012. Green tea generally contains high amount of polyphenols such as catechins, flavanols, etc. which makes it ideal for the treatment of lifestyle diseases including diabetes, obesity and cancer etc. Green tea generally contains 30% to 40% of water extractable polyphenols. Along with being the largest type, it is also expected to be the fastest growing type tea polyphenols at an estimated CAGR of 8.8% over the forecast period. Green tea polyphenols were followed by oolong tea polyphenols which accounted for just over 16% of the total market in 2012.

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 Global tea polyphenols market volume share, by product, 2012

Further Key findings from the study suggest:

• Global tea polyphenols demand is expected to be 9,169.9 tons by 2020, growing at a CAGR of 8.3% from 2013 to 2020
• Functional beverages were the largest application segment of tea polyphenols and accounted over 40% of the total demand in 2012. Functional beverages are also expected to be the fastest growing application segment with an estimated CAGR of 8.6% from 2013 to 2020. Functional beverages were followed by functional food which accounted for over 30% of the total demand in 2012.
• Asia Pacific dominated the global market and accounted for 40% of the total demand in 2012. Growing aging population, mainly in Japan, coupled with increasing consumer spending on nutraceutical products in China and India has been driving the market for tea polyphenols in the region. As a result, Asia Pacific is also expected to be the fastest growing market for tea polyphenols at an estimated CAGR of 9.2% from 2013 to 2020. Asia Pacific was followed by Europe and North America which together accounted for over half of the global market in 2012.
• The global market is highly concentrated. However, the presence of large unorganized market in Asia Pacific is expected to impact the profitability of Western producers. Some of the major companies involved in producing tea polyphenols include Naturex, Ajinomoto Omnichem Natural Specialties, Indena S.P.A., Lyn Natural Ingredients Corp, Tianjin Jianfeng Natural Products Co. Ltd and Xian Haotian Bio-engineering Technology Co., Ltd among some other companies.

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Fish Oil Market Growth, Trends, Segment To 2022: Grand View Research, Inc.

Global fish oil market is expected to reach USD 4.08 billion by 2022, according to a new report by Grand View Research, Inc. Growing demand for omega 3 along with rising aquaculture activities is expected to propel growth over the forecast period.
Increasing health benefits of fish oil is expected to drive demand among food, and pharmaceutical manufacturers. Rising consumer awareness regarding benefits of the product for overall health and skin is expected to augment demand. However, presence of substitutes including beef, and pork along with high prices of fish oil is expected to hinder industry growth over the next seven years. Adoption of modern aquaculture practice will open new opportunities for market expansion over the forecast period.

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 North America Fish oil market revenue, by application, 2012 - 2022 (Kilo Tons)

Further key findings from the report suggest:

• Direct human consumption accounted for over 9% of the global revenue in 2014 and is expected to show significant gains over the next seven years on account of high demand for functional foods & supplements in India, China and Japan. Increasing LC-omega consumption to maintain various health problems including cardiovascular, asthma, psoriasis, eczema and Crohn’s disease will drive consumption over the next seven years. In addition, rising intake of fish oil as it aids neurological development and brain health in children is expected to create immense market potential in the near future.
• Aquaculture dominated the global fish oil industry generating revenues exceeding USD 1.97 billion in 2014. Growing human consumption of fish is expected to propel aquaculture activities over the forecast period. Rising awareness among companies engaged in rearing and breeding of fish regarding the benefits adding fish oil to aquafeed is expected to propel market growth over the forecast period.
• Asia Pacific demand was 463.1 kilo tons in 2014 and is expected to show significant gains in light of abundant fishing farm land and growth of the food & beverage sector. In addition, increasing consumption of omega 3 in infants’ formulas mainly in India and China will fuel industry expansion.
• Key market players include Omega Protein, Croda Inc., EPAX AS, Colpex, American Marine Ingredients, GC Rieber Oils and Corpesca S.A. GC Rieber Oils offers omega 3 oil under the brand name “Vivo Mega” for human health. The product is enhanced with various quantities of EPA, DHA and a blend of EPA and DHA. Companies including Copeinca ASA, Corpesca, FF Skagen and Pesquera Diamante S.A. are integrated in their operations where the companies are engaged in fishing activities as well as production of omega 3.

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Grand View Research has segmented the global fish oil market on the basis of application, and region:
Global Fish Oil Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Aquaculture
• Aquaculture, by product
• Salmon & trout
• Marine fish
• Crustaceans
• Tilapias
• Others
• Direct Human Consumption
• Others

Global Fish Oil Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Food Colorants Market Size Worth USD 2.46 Billion By 2020: Grand View Research, Inc.

Global Food Colorants Market is expected to reach USD 2.46 billion by 2020, according to a new study by Grand View Research, Inc. Food colorants demand is expected to grow with increasing applications in confectionery and bakery items, medicines and pharmaceutical drugs, beverages, cosmetics and toiletries, meat, sea food and pet food. Rising consumer awareness for natural ingredients is expected to drive natural colorant demand over the next six years.

Dairy foods were the largest application market for food colorants, with demand estimated at 19,154.5 tons in 2013. Food colorants are added in foodstuffs to retain color lost during processing which adds appeal to the product. Food colorants are also extensively used in beverages, particularly CSDs & non alcoholic kinds, in order to make the product visually more attractive to the younger population. 

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Further key findings from the study suggest:

• Global food colorants demand was 51,510.0 tons in 2013 and is expected to reach 67,724.0 tons by 2020 growing at a CAGR of 4.0% from 2014 to 2020.
• Synthetic food colorants were the largest product segment, with demand estimated at 17,907.7 tons in 2013; owing to increased consumption of processed foods which use synthetic colors in emerging markets
• Europe was the largest regional market for food colorants, with revenue exceeding USD 590 million in 2013. Increased consumer preference towards functional foods and beverages, particularly with natural or organic colorants is a key factor responsible for the regional market growth.
• Dairy and non dairy food applications are expected to be the fastest growing application markets, at an estimated CAGR of 4.1% from 2014 to 2020. Increasing demand for foods containing natural products is expected to drive demand for the application.
• Key Companies in the market include CHR. Hansen, Danisco, BASF, DSM, and Sensient Technologies Corporation. The global market is significantly consolidated with somewhat oligopolistic characteristics. While the market is expected to continue moving towards consolidation, R&D spending is expected to increase as participants focus on naturally derived food colorants with nutraceutical benefits.

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