Global Polyphenol Market: Regional Analysis
Regionally, North America is expected to dominate the global polyphenol market over the forecast period, and this is attributed to the expanding polyphenol market in the U.S. due to growing awareness regarding the health benefits of consuming polyphenols. For instance, regular consumption of polyphenols is shown to offer health benefits such as improved brain health and reducing the risk of developing type-2 diabetes. The polyphenol market in the U.S. was valued at US$ 255.52 million in 2020, and it is projected to reach US$ 403.57 million by 2026, registering a CAGR of 8.03% during the period of 2021-2026. At the same time, Europe is also expected to witness the fastest growth in the global polyphenol market over the forecast period, owing to the growing interest of key players in health-supporting products that are natural and safe for consumption, as consumers are looking for a healthy lifestyle. For instance, in July 2020, British brand ‘Buxton Natural Mineral Water’ launched PLANT+WATER by Buxton, a plant-polyphenol-infused water in recyclable packaging. The beverage was made available in lemon, lime and sage, pomegranate and basil, and blood orange and rosemary variants, all of which were rolled out into 689 Boots stores across the U.K. in July.
Polyphenol Market Report Snapshots
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