Polyphenol Market by Product type and Applicatopns Polyphenol Market by Product type and Applicatopns | Page 2
Introduction to Polyphenol Market
• Polyphenol Market Report, published by Allied Market Research, forecasts that the global market was valued at $ 757 million in 2015, and is expected to reach $ 1,121 million by 2022, supported by a CAGR of 8.26 % during the forecast period 2016- 2022.
• Functional beverages dominated the market in 2015, with two-fifths share, in terms of revenue.
• Rise in demand for herbal products, increase in health benefits offered by polyphenol, and growth in geriatric population are the major factors that fuel the polyphenol market growth.
• The anti-aging properties associated with polyphenols coupled with antitumor and anticarcinogenic properties result in their applications in cosmetics and medical sectors, respectively.
• In addition, brewing industries are expected witness increased consumption of polyphenols owing to their application in liquors and wines.
Introduction to Polyphenol Market
• Polyphenol Market Report, published by Allied Market Research, forecasts that the global market was valued at $ 757 million in 2015, and is expected to reach $ 1,121 million by 2022, supported by a CAGR of 8.26 % during the forecast period 2016- 2022.
• Functional beverages dominated the market in 2015, with two-fifths share, in terms of revenue.
• Rise in demand for herbal products, increase in health benefits offered by polyphenol, and growth in geriatric population are the major factors that fuel the polyphenol market growth.
• The anti-aging properties associated with polyphenols coupled with antitumor and anticarcinogenic properties result in their applications in cosmetics and medical sectors, respectively.
• In addition, brewing industries are expected witness increased consumption of polyphenols owing to their application in liquors and wines.