Global Epicatechin Market, By Type (Catechin 70%-80%, EGCG (>94%), Others), Application (Food and Beverage, Supplements, Cosmetics, Mouth Rinsing, Pharmaceutical, Other), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Epicatechin Market Analysis and Insights
Epicatechin market size is valued at USD 0.66 billion by 2028 and is expected to grow at a compound annual rate of 6.50% in the forecast period 2021 to 2028. The ever-increasing demand for functional food and beverages is the factor for the growth of the epicatechin market in the forecast period of 2021 to 2028.
Epicatechin is the flavanol, which is one of the most abundant flavonoids present in different fruits such as blackberries, broad beans, apples, cherries, pears, raspberries, grapes, cocoa and tea leaves. Epicatechin is the flavanol with one cis configuration.
The major growing factor towards epicatechin market is the growing demand for natural and organic products associated with increasing consumer inclination towards adoption of a healthy lifestyle. The prime factor driving the demand for epicatechin is the rapidly increasing awareness related to the health benefits of catechin. Furthermore, the rising demand for the natural and organic products along with rising trend by consumers to adopt a healthy lifestyle is also heightening the overall demand for epicatechin market over the forecast period of 2021 to 2028. Moreover, the rising purchase of dietary supplements as well as the increasing focus on dietary supplements and functional food and beverages also serves as foremost drivers for increasing the demand for epicatechin market at a global level. In addition, the growing health awareness and rapidly shifting consumer preference toward dietary supplements and organic food products along with growing demand for nutraceutical products are also lifting the growth of the epicatechin market.
However, the high capital-intensive technologies used in the extraction process are projected to act as a restraint towards the growth of epicatechin market, whereas the longer extraction time has the potential to challenge the growth of the epicatechin market.
Moreover, the constant R&D and innovations in the epicatechin to minimize extraction time and cost as well as new product developed by the company which are chemical free, thus making it healthier and safer for consumers will further generate new opportunities for the epicatechin market in the forecast period of 2021 to 2028.
This epicatechin market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on epicatechin market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Epicatechin Market Scope and Market Size
Epicatechin market is segmented on the basis of type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the epicatechin market has been segmented into catechin 70%-80%, EGCG (>94%) and others.
The application segment of the epicatechin market has been segmented into food and beverage, supplements, cosmetics, mouth rinsing, pharmaceutical and others. Supplements segment accounted for largest revenue share in owing to its anti-oxidative, anti-inflammatory, anti-bacterial, and anti-ageing and is broadly being used in several nutritional, functional and beauty supplements.
Epicatechin Market Country Level Analysis
Epicatechin market is analyses and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the epicatechin market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America leads the epicatechin market because of the increasing product demand in this region is chiefly attributed to the rising focus on dietary supplements and functional food and beverages amongst millennial in the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the increasing consumer awareness towards a healthy lifestyle along with rising spending on functional food and beverages within this region. China is the major producer and consumer of the product in the region.
The country section of the epicatechin market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Epicatechin Market Share Analysis
Epicatechin market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to epicatechin market.
The major players covered in the epicatechin market report are Taiyo Green Power, DSM, Hunan NutraMax Inc., Hangzhou Qinyuan Natural Plant High-tech Co., Ltd., Shanghai Novanat Co.,Ltd., Tate & Lyle, Nacalai USA, Inc., Kemin Industries, Inc., Botaniex, Inc., Carl Roth, Merck KGaA, Taiyo Kagaku Co.,Ltd., Selleck Chemicals, NESSO - Natural & Essential Oils Pvt. Ltd., Ottokemi, R&D Chemicals, Zhejiang Yixin Pharmaceutical Co., Ltd., GRACE LIFETECH PVT. LTD., and Chengdu Wagott Bio-tech Co.,Ltd., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provide competitive analysis for each competitor separately.
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