Global Catechin Market to Grow at 4.6% During 2023-2028, Bolstered by Significant Growth of Healthcare Sector

May 23, 2022 | Chemical & Materials

The latest report by IMARC Group, titled “Catechin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” finds that the global catechin market is expected to exhibit a CAGR of 4.6% during 2023-2028. Catechin is a natural phenolic phytochemical found in cocoa, berries, and green tea leaves. It is extracted using solvent extraction, microwave-assisted extraction (MAE), ultrasound-assisted extraction (UAE), supercritical fluid extraction (SFE), and high hydrostatic pressure (HHPE) processes. Catechin is a rich source of antioxidant and antimicrobial properties which prevent arthritis, diabetes, obesity, infections, and cardiovascular diseases (CVDs). Green tea is one of the most common and widely used sources for catechin extraction worldwide. Due to its ability to recover cognitive functions associated with neurodegenerative diseases, catechin has gained prominence across the globe.

Global Catechin Market Trends:

The global catechin market is primarily driven by the associated benefits of catechin as it contains anti-oxidative, hypertensive, inflammatory, proliferative, thrombogenic, and hyperlipidemic properties. Catechin also has beneficial effects on counterbalancing neurodegenerative events associated with aging. Besides this, the growing health consciousness among consumer has resulted in the adoption of healthier dietary habits and food products, thus propelling the demand for catechin in everyday diet. In addition, the surging popularity for fortified foods among consumers is also augmenting the market growth. Furthermore, the rising applications of catechin in the nutraceutical industry are also catalyzing the product demand. Catechin is extensively used in dietary supplements as they affect molecular mechanisms involved in angiogenesis, extracellular matrix degradation, cell death regulation, and multi-drug resistance in cancers. Moreover, the rising number of clinical trials that determine the benefits of catechins on counterbalancing neurodegenerative events are facilitating the market growth. Furthermore, extensive research and development (R&D) activities in the healthcare industry to develop targeted dietary supplements are also anticipated to impel market growth in the upcoming years.

Market Summary:

Based on the type, the market has been segmented into EGC, EGCG, and others.
On the basis of the application, the market has been classified into pharmaceuticals, beverages, supplements, mouth rinsing agents, and others.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being Biosynth, Botaniex Inc., Cayman Chemical, Chengdu Wagott Bio-tech Co. Ltd., Hangzhou Qinyuan Natural Plant High-tech Co. Ltd., Hunan NutraMax Inc., Hunan Sunfull Bio-tech Co. Ltd., INDOFINE Chemical Company, Inc, Merck KGaA, and Taiyo Green Power Co. Ltd.

Report Scope:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Million
Segment Coverage	Type, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Biosynth, Botaniex Inc., Cayman Chemical, Chengdu Wagott Bio-tech Co. Ltd., Hangzhou Qinyuan Natural Plant High-tech Co. Ltd., Hunan NutraMax Inc., Hunan Sunfull Bio-tech Co. Ltd., INDOFINE Chemical Company, Inc, Merck KGaA and Taiyo Green Power Co. Ltd.
Customization Scope	10% Free Customization
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Global Catechin Market to Grow at 4.6% During 2023-2028, Bolstered by Significant Growth of Healthcare Sector

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