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 .