Global Tea Polyphenols Market Expected to Reach USD 367.7 Million by 2020 : GrandViewResearch

Increasing global consumer awareness regarding health benefits offered by tea polyphenols is expected to drive its market over the next decade


San Francisco,California,USA – WEBWIRE – Friday, January 17, 2014

easing global consumer awareness regarding health benefits offered by tea polyphenols is expected to drive its market over the next decade

San Francisco, January 17, 2014. 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.
 
The report “Tea Polyphenols Industry Trends and Market Segment Forecasts to 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/tea-polyphenols-industry
 
Further Key findings from the study suggest:

Green tea polyphenols
Oolong tea polyphenols
Black tea polyphenols

Functional beverages
Functional food
Dietary supplements
Other (including coloring agents, cosmetics etc.)

North America
Europe
Asia Pacific
Rest of the World
           
About Grand View Research
 
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email:   sales@grandviewresearch.com?Subject=Contact

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Contact Information
Sherry James
Manager Sales
Grand View Research
(1) 415-349-0058
sales@grandviewresearch.com


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