DUBLIN–(BUSINESS WIRE)–The “Catechins Market by Source, Type and Application: Global Opportunity Analysis and Industry Forecast 2021-2030” report has been added to ResearchAndMarkets.com’s offering.
The global catechin market size was valued at $14,825.2 thousand in 2020, and is projected to reach $21,099.9 thousand by 2030, registering a CAGR of 3.8% from 2021 to 2030.
Catechin is a type of flavonoids that is abundantly extracted from green tea leaves. It is a specific group of molecules, which can be found in food items such as tea, vegetables, beans, and fruits. It is used to fight against some of the infections, as it is an antimicrobial agent.
The market for catechins is steadily growing, but slowly. Catechin sales have benefitted from the growth of the functional food and beverage around the world. The need for healthier foods that complement customers’ healthy lifestyles has increased as a result of the rise in incidence of cardiovascular diseases and the surge in prevalence of obesity and diabetes. The shift in customer behavior has been a key driver for the market expansion.
Globally, consumers have become increasingly health-conscious. Their increased awareness is partly responsible for their surge in attention on having a fit and healthy lifestyle. Consumers can access information from all around the world via the internet and other forms of media channels. This has made consumers more conscious of their personal lifestyle, which has a significant impact on the sales of catechin products.
In Asia-Pacific, the catechin market demand is predicted to be high. China has emerged as the region’s major catechin producer and consumer. The catechin demand in Asia-Pacific is expected to be fueled by rise in disposable income in China, as well as increased consumer spending on functional foods & beverages. Furthermore, catechin demand is anticipated to continue to be high in Japan and India, boosting the market’s expansion in the region.
KEY BENEFITS FOR STAKEHOLDERS
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This report provides a quantitative analysis of current trends, estimates, and dynamics of the global catechins market from 2021 to 2030 to identify the prevailing market opportunities.
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Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
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In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
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Major countries in each region are mapped according to their revenue contribution to the global industry. The market player positioning segment facilitates benchmarking while providing a clear understanding of the current position of the key market players.
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The report includes analyzes of the regional as well as global market, key players, market segments, application areas, and growth strategies
KEY MARKET SEGMENTS
By Source
By Type
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Epigallocatechin (EGC)
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Epigallocatechin-3-Gallate (EGCG)
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Other
By Application
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Pharmaceuticals
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Food & Beverages
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Dietary Supplements
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Other
By Region
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North America
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US
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Canada
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Mexico
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Europe
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UK
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Germany
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France
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Italy
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Spain
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Netherlands
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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South Korea
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Australia
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Rest of Asia-Pacific
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LAMEA
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Brazil
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South Africa
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Argentina
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Saudi Arabia
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Rest of LAMEA
Market Dynamics
Drivers
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Surge in demand for natural and organic products
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Rise in health awareness
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Increased prevalence of obesity and diabetes
Restraints
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Lack of consumer awareness
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High capital cost for extraction process
Opportunities
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Rise in demand for functional food & beverages
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Growth in applications of catechin in diverse sectors
Key Topics Covered:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: GLOBAL CATECHIN MARKET, BY SOURCE
CHAPTER 5: GLOBAL CATECHIN MARKET, BY TYPE
CHAPTER 6: GLOBAL CATECHIN MARKET, BY APPLICATION
CHAPTER 7: CATECHIN MARKET, BY REGION
CHAPTER 8: COMPETITION LANDSCAPE
CHAPTER 9: COMPANY PROFILES
Companies Mentioned
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Arjuna Natural Extracts Ltd.
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BiosynthCarbosynth
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Botaniex Inc.
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Cayman Chemical Company
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Chengdu Wagott Bio-tech Co. Ltd
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Hunan Sunfall Bio-tech Co. Ltd
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I’ll say it
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INDOFINE Chemical Company Inc.
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Infre SA
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Taiyo International
For more information about this report visit https://www.researchandmarkets.com/r/yielnb
