Catechin Market

Global Catechin Market size was valued at US$ 17.68 Mn. in 2022 and the total revenue is expected to grow at 3.2% through 2023 to 2029, reaching nearly US$ 22.05 Mn.

Catechin Market Overview:

Catechin or Green Tea Catechins are a group of flavonoids found naturally in leaves of the tea plant and smaller quantities in different plant-based products.

It is extracted from plants by using different methods like solvent extraction, isolation, and extraction from dried and powdered sources. Catechin in its natural form is consumed through the medium of Green Tea by people around the world. Catechins are natural antioxidants that are used on a large scale for manufacturing medicine on Pulmonary, cholesterol, and immunity-related issues.

Catechin is used as additives and preserving agents by the food and beverages industry. An increase in demand for plant-based products with the presence of natural antioxidants has resulted in increased demand for Catechin. Increased health concerns and rising demand for organic and plant-based products by the industrial and commercial sectors have resulted in a growth in the Global Catechin Market.To know about the Research Methodology :- Request Free Sample Report

Market Dynamics:

A report by Wanda C. Raygaert published on July 17, 2021, in Biomed Research International states that effects of green tea Catechins have shown positive effects on human health and act as an important dietary factor for preventing various diseases like arthritis, cancer, obesity, diabetes, cardiovascular diseases, and mental-health related issues. An increase in the number of people suffering from deadly diseases has resulted in increased use of Catechin by the Pharmaceutical industry.

A report by Judy Gopal and others published on January 28, 2021, by Scientific Reports state that the presence of antibacterial properties of the Catechin extracts is size-dependent. This report suggests the removal of Catechin-based particles having a size of more than 30 µm is necessary to retain a high positive effect from Green Tea. New entrants should read this report before launching their product as it gives detailed information about the size factor to be used in manufacturing green tea-based products.

Catechin extracted from green tea consists of polysaccharides, flavonoids, fluoride, and Vitamin B on a large scale. The organic nature and nutrient-rich plant-based source have resulted in increased demand for Catechin for manufacturing supplementary and dietary food products. An increase in the consumption of healthy food products has resulted in a growth in demand for Catechin by the Nutraceutical industry.

A report by WHO published in 2017 states that nearly 3.5 billion people suffer from oral health-related issues. The same report suggests that the issues of oral health are severe in developing and underdeveloped countries as more than 60% of people with oral care issues are found in these countries. Catechin provides a commonly found, effective, and efficient medium for maintaining oral health. An increase in the awareness campaigns by different governments related to oral health has resulted in increased demand for readily available Catechin by the FMCG sector.

Catechin possesses antimicrobial, anti-inflammatory, anti-oxidative, and anti-aging properties that are used on a wide scale in manufacturing cosmetics supplementary products. A report by Lo’ real Finance published in 2021 states that the global cosmetics industry did trade for more than US $ 320 Billion. An increase in demand for Vegan Cosmetics has resulted in increased demand for Catechin by the Cosmetics industry.

Wide-scale availability at low-cost and a range of application in the industrial and commercial sectors acts as the driving factors for the growth of the Global Catechin Market.

Restraints:

Guidelines issued by the European Food Safety Authority in 2021 states that consumption of Catechin-based products more than 800 gm. /day on daily basis for more than 85-90 days results in extensive damage to the liver. The restriction over the consumption of Catechin by a renowned regulatory body acts as the major restraining factor here.

Catechin Market Segment Analysis:

The Global Catechin Market is segmented as:

By Source, More than 45% of the Catechin having purity form more than 75% is extracted from fresh tea leaves. An increase in demand for Catechin has resulted in a 1.7% increase in the use of other sources like Vegetables, Algae, and Cocoa. The presence of Catechin in abundance has resulted in a 2.3% increase in demand for fruits and berries by the Catechin manufacturers.

By Type, EGCG is a commonly found Catechin and covers more than 50% of the demand for Catechin by the industrial sector. The rising demand for a highly concentrated form of plant-based antioxidant has resulted in a 3% increase in demand for Catechin (70%-80%) by the Food and Beverages industry. Increased preference for Catechin by the pharmaceutical industry has resulted in a rise in demand for Epicatechin and Epigallocatechin.

By Application, rising preference for plant-based nutrient-rich food products by people has resulted in making the food and beverages industry the biggest consumer of Catechin. Increased demand for organic food products has resulted in a 2.1% increase in demand for Catechin in powdered form by the Food & Beverages industry. Rising demand for plant-based sources by the pharmaceutical industry has resulted in a 1.7% increase in demand for Catechin by the Healthcare sector. An increase in demand for organic products for skin-care issues has resulted in a 2.6% increase in demand for Catechin by the personal care products manufacturing industry.

Rising consumption of supplementary food products around the world has resulted in a 3% increase in demand for Catechin by the Nutraceutical industry. Increased preference for the consumption of dried green tea as an immunity booster has resulted in a 1.3% increase in demand for Catechin by the Food & Beverages industry.

Increased awareness related to oral and dental hygiene has resulted in a 1.6% increase in demand for Catechin for manufacturing Dental and Oral care products. An increase in the number of people suffering from obesity has resulted in a 2.1% increase in the consumption of Catechin-based products as a treatment for weight management.

The presence of antioxidant properties and rising preference for organic cosmetic products has resulted in a 2.3% increase in demand for Catechin by the Cosmetics industry. The presence of nutrient-rich components and anti-inflammatory properties has resulted in a 1.4% increase in demand for Catechin for manufacturing functional beverages for athletes. Different personal care products are also manufactured by using Catechin.

Regional Insights

Increased consumption of nutrient-rich and organic food products has resulted in a 3.2% increase in demand for Catechin in North America. The rising preference for plant-based nutraceuticals has resulted in a 1.6% increase in demand for Catechin by the Nutraceuticals industry present in this region. An increase in oral care awareness by people living in this region has resulted in a 2.3% increase in the consumption of Catechin by the FMCG sector present in this region.

The presence of antioxidant and anti-aging properties has resulted in a 2.1% increase in demand for Catechin by the Cosmetics and personal care products manufacturing industries present in Europe. Increased consumption of sports drinks as a functional food product has resulted in a 1.8% increase in demand for Catechin by the Processed Food products industry present in this region.

The ever-rising population and rising consumption of immunity enhancers have resulted in a 1.4% increase in demand for Catechin in the Asia-Pacific. The rising consumption of supplementary food products has resulted in a 1.8% increase in demand for Catechin by the Nutraceuticals industry present in this region.

South America is showing a growth rate of 1.8%, the reason for which is the increased health and oral health awareness by people living in this region. The Middle East and Africa’s Market is showing a growth rate of 1.3% which is concentrated more in countries like Jordan, UAE, Saudi Arabia, and Israel that have good healthcare infrastructure.

The objective of the report is to present a comprehensive analysis of the global Catechin market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Catechin market dynamics, structure by analyzing the market segments and Project the global Catechin market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Catechin market make the report investor’s guide.

Catechin Market Scope: Inquire before buying

Catechin Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina and Rest of South America)

Catechin Market Key Players are:

1. Sigma Aldrich, Inc.
2. Tate & Lyle PLC
3. Botaniex, Inc.
4. Koninklijke DSM N.V.
5. Nacalai Tesque, Inc.
6. CATCHAN
7. Infre SA
8. Novanat Bioresource, Inc.
9. Kemin Industries, Inc.
10.Hunan Nutramax
11.Taiyo Green Power Co., Ltd.
12.Hunan SunFull Bio-tech Co., Ltd.
13.TeaRevo Purer Tea, China
14.Shaanxi Dongyu Bio-Tech Co., Ltd.
15.Hangzhou Qinyuan Natural Plant High-tech Co., Ltd.
16.Chengdu Wagott Bio-Tech Co., Ltd.

FAQ’s:-

1) What was the market size for Global Catechin Market in 2022?

Ans: Market size for the Global Catechin Market in 2022 was valued at the US $ 17.14 68 Million.

2) Which is the main driving factor for the growth of the Global Catechin Market?

Ans: Increased health awareness around the world acts as the main driving factor for the growth of the Global Catechin Market.

3) Which industry is the biggest consumer of Catechin?

Ans: An increase in demand for functional food products around the world has resulted in making the Food & Beverages industry the biggest shareholder of the Global Catechin Market.

4) Which region holds the biggest share of the Global Catechin Market?

Ans: The presence of a large population with big expendable income has resulted in making North America the biggest market for Catechin.

5) What factors are limiting the growth of the Global Catechin Market?

Ans: Lack of information related to the importance of Catechin as a nutrient-rich additive by people living in underdeveloped and developing countries acts as the major restraining factor for the growth of the Global Catechin Market.

6) Who are the major key players in the Global Catechin Market?

Ans: Some of the major key players are Sigma Aldrich, Inc., Tate & Lyle PLC, Botaniex, Inc., Koninklijke DSM N.V., Nacalai Tesque, Inc., Hunan Nutramax, Taiyo Green Power Co., Ltd., and Hunan SunFull Bio-tech Co., Ltd.