Audiology Devices Market Overview:
Rising customer consciousness related with different health advantages provided by tea polyphenols has acted as one of the key aspects motivating the tea polyphenols market. During the past few years, customers around the globe have become aware about their health due to growing amount of ailments. This change has been prompting these customers to utilize different Nutraceuticals items. Tea polyphenols are evolving as the nutraceuticals of life these days and have been achieving significant proportion of industry share in the world market. Tea polyphenols, usually seen in green tea, black tea and oolong tea, work as antioxidants and help in preventing occurrence of neurodegenerative ailments like Parkinson disease and Alzheimer disease.
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Green tea consists of high proportions of polyphenolic contents like flavanols and catechins that assist in treating the lifestyle related ailments like cancer and diabetes. The worldwide tea polyphenols market was predicted to be worth 210 million USD in year 2012 and it is predicted to grow up to 425.25 million US dollars by the end of year 2020, expanding at a CAGR rate of 7.5% from year 2013 to year 2022 in terms of total revenue. The market demand for the tea polyphenols was approximated at 4870 tons in year 2012 and it is predicted to grow at a CAGR rate of 8.5% during the forecasted period from year 2013 to year 2022.
Large proportion of green tea polyphenols are supplied to the developed economies from countries like China and Japan. Tea polyphenols boost and improve the vitamins performance and hence they are utilized in treating cardiovascular ailments and cancer. Most of the cancers avoiding effects of tea polyphenols are intervened by epigallocatechin gallate which is the main green tea ingredient. For example, a green tea cup usually consists of 200 milligram of epigallocatechin gallate. The growth and expansion of the global tea polyphenols market has also been acquiring grounds due to growing old age population all across the globe and growing awareness about the health among the population of the developing economies.
Green tea polyphenols led the global tea polyphenols market sector due to its highly derived polyphenol content compared to other kinds of tea polyphenols. The reason behind this is that green tea is manufactured from fresh leaves flowing at rising temperatures which helps in keeping polyphenols undamaged in tea. Green tea polyphenols are generally used in treating skin cancer disease, sickle cell ailment and mass management. Green tea usually contains thirty to forty percent of extractable polyphenols while black tea and oolong tea consist twenty percent and five percent derivable/ derived polyphenols.
Audiology Devices Market By Product:
Key items examined and described in this global tea polyphenols market report study includes black tea polyphenols, green tea polyphenols and oolong tea polyphenols. Green tea polyphenols evolved as the primary kind of tea polyphenols used globally and contributed about 73% to the total industry volume in year 2012. Green tea is expected to be rapidly emerging polyphenol product along with it being the biggest section of the global tea polyphenols market. Green tea polyphenols contributed about more than 15.45% to the total market size of the global tea polyphenols market in year 2012. The worldwide black tea polyphenols market section is predicted to cross twenty five million US dollars mark by the end of year 2022.
Audiology Devices Market By Application:
Different applications and uses of polyphenols includes functional beverages, foods, cosmetics, natural colors and dietary supplements. Functional beverages evolved as the main application and use for tea polyphenols. It contributed to about more than forty percent of the total industry volume in year 2012. Functional beverages include bottled tea, energy drinks, bottled water and juices. The growth of the global tea polyphenols market is predicted to be stimulated by high consumption and utilization of functional beverages like energy drinks as well as bottled tea in countries like China and Japan. Functional foods followed functional beverages. It contributed about more than thirty percent of the complete consumption of polyphenols worldwide in year 2012. Dietary supplements contributed for more than fifteen percent of the total industry size in year 2012. These supplements are easily accessible in capsule form, liquid extract form and powder form. The worldwide tea polyphenols market for dietary supplements is predicted to cross the earnings of 94 million US dollars by the end of year 2022.
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Audiology Devices Market By Region:
APAC region is the biggest customer of the tea polyphenols. This is due to the growing old age inhabitants in Japan and enormous livestock (feedstock) available in this region. This Asia pacific zone contributed for 41% of the worldwide market size in year 2012. It is predicted to be the rapidly evolving tea polyphenols market during the forecasted period.
The region of Asia Pacific has widespread manufacturing facilities and provides tea polyphenol items to Europe and USA. The use of tea polyphenols has been growing owing to its best antioxidant characteristics and easy accessibility of polyphenol items at cheaper costs.
The sub continent of North America evolved as the second biggest market sector after APAC region for tea polyphenols market. It contributed about twenty seven percent to the total market size in year 2012.
The continent of Europe closely followed subcontinent of North America and contributed about twenty six percent to the worldwide tea polyphenols market in year 2012. However, the growth in the tea polyphenols market of Europe was hindered by strict market rules and regulations.
Key producers like Ajinomoto and Naturex are now focusing on catering to the requirements of the highly emerging markets of India and China. Further, they have set up many new production establishments in these regions due to easy availability of raw materials in abundance and liberal government rules and regulations.
The worldwide tea polyphenols industry is highly merged with top three market players occupying more than eighty percent of the total share of the global tea polyphenols market. This industry is primarily dominated by Asian firms and European organizations. But the presence of big disorganized market in China can pose a big challenge and competition to these large producers of tea polyphenols in terms of quality of products outputted as well as cost offerings to the consumers. This disorganized section in China is predicted to oversupply tea polyphenols products to the universal tea polyphenols market predicted to wear down/bring down the costs of the tea polyphenols products in coming years.
The key market players profiled in this market report includes firms like Indena SpA, Amax NutraSource Incorporation, Martin Bauer Group, Chr. Hansen, Ajinomoto OmniChem Natural Specialty, HERZA Schokolade GMBH & Company, Frutarom Limited, Layn Natural Ingredients Limited, Naturex and FutureCeuticals.
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