The latest report by IMARC Group, titled “Catechin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global catechin market to grow at a CAGR of 4.4% during 2022-2027. 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.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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.
- 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 Botaniex Inc., Chengdu Wagott Bio-tech Corporation Limited, Hangzhou Qinyuan Natural Plant Technology Corporation Limited, Hunan Nutramax Inc., Hunan Sunfull Bio-tech Corporation Limited, Infré SA, Kemin Industries Inc., Revolution Tea LLC, Shaanxi Dongyu Bio-Tech Corporation Limited, Sigma-Aldrich Inc. (Merck KGaA), and Taiyo Green Power Corporation Limited.
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