Top 3 Drivers of the Global Polyphenol Market | Technavio

January 3, 2018

LONDON–(BUSINESS WIRE)–#Chemicals—Technavio
market research analysts forecast the global
polyphenol market to grow at a CAGR of more than 8% during the
forecast period, according to their latest report.


The report further segments the global polyphenol market by application
(functional beverages, functional food, and dietary supplements),
product type (grape seed, tea, and apple), and by geography (the
Americas, APAC, and EMEA).

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Technavio analysts highlight the following three market drivers that are
contributing to the growth of the global
polyphenol market:

  • Rising prevalence of chronic diseases
  • Growth of the aging population
  • Scarcity of non-renewable resources

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Rising prevalence of chronic diseases

The polyphenol market growth is fueled by the increase in the number of
people with chronic diseases such as cancer, cardiovascular and chronic
lung disease, and diabetes. The demand for therapies that aid in the
treatment of these conditions continues to rise, as does the demand for
devices used for the earlier diagnosis of these diseases. Technological
innovations in the polyphenol market related to the medical industry
have resulted in effective drug delivery.

According to Hitesh Bhatia, a lead analyst at Technavio for plastics,
polymers, and elastomers research, “Polyphenol plays an important
role in the development of numerous health benefits through controlled
drug delivery release. It helps to fight cancer cells and inhibits the
growth of blood vessels that feed a tumor, known as angiogenesis. One of
the health benefits associated with polyphenol is that it lowers the
risk of cancer and supports weight loss.”

Growth of the aging population

The growth of the aging population is increasing the demand for
cosmetics such as anti-aging products, moisturizers, anti-wrinkle, and
skin whitening products. Consumers in APAC, particularly in countries
such as Japan, China, India, Korea, and Indonesia, are adopting methods
to improve their appearance and look younger than their biological age.
Such consumers demand new and effective anti-aging products that reduce
blemishes, wrinkles, and dark spots. The application of polyphenol on
the skin protects it from harmful UV rays because of its ability to
scavenge harmful free radicals in the body.

The rapid growth in the aging population across the globe is expected to
drive the demand for cosmetics and personal care products during the
forecast period. Besides, people are moving from chemical based
cosmetics to herbal, organic, and natural cosmetic products. This is
driving the demand for polyphenol from the cosmetics and personal care
industry.

Scarcity of non-renewable resources

Non-renewable resources are sources of which the supply or reserves are
fixed. These resources are used and consumed faster than nature produces
them. The non-renewable resources that are used in food and beverage
industry as polyphenol include tartrazine and other food dyes, butylated
hydroxyanisole (BHA), sodium nitrite, propyl gallate, silicon dioxide,
silica and calcium silicate, benzoates (such as sodium benzoate, benzoic
acid). These chemicals are extracted from non-renewable resources. The
use of these sources can cause global warming, health issues, and
pollution, and is uneconomical as supply decreases.

“Polyphenol is an alternative and natural renewable resource that is
optimal for such applications. There are many regulations on the use of
chemicals in drugs and dietary supplements. For instance, the Food and
Drug Administration has eliminated supplements that may contain
1,3-dimethylamylamine, methylhexanamine, or geranium,” says Hitesh.

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