Market News
Global Polyphenol Market: Key Developments
- In November 2021, Kemin Industries, a company that creates solutions to help strengthen health and wellbeing, announced its Neumentix™ Phenolic Complex K110-42, a spearmint extract containing a proprietary phenolic complex that claims to be approved by Health Canada, expanding the business presence by introducing the ingredient for brain health to consumers in Canada. Health Canada is responsible for helping Canadians maintain and improve their health. It ensures that high-quality health services are accessible and works to reduce health risks.
- In May 2021, Kemin Industries nutrition and health product for cognitive improvement, Neumentix, received approval as a bioactive ingredient for use in dietary supplements in Brazil. The Health Regulatory Agency (Anvisa) of the Brazilian Ministry of Health published a resolution authorizing Kemin’s cognitive support product for use in dietary supplements as a source of phenolic compounds.
- In January 2021, Kemin Industries launched DailyZz™, a product for human health and nutrition. It is an ingredient containing a proprietary blend rich in naturally occurring polyphenols for safe and natural nightly sleep. DailyZz promotes better-quality sleep and improves next-day functioning in healthy adults who have occasional sleep complaints.
- The major factor impacting the growth of the market includes rising demand for herbal products, growing application of polyphenols in functional beverages, and increasing awareness regarding health benefits of polyphenol.
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