According to the report published by Allied Market Research, the global Catechin Market generated $14.82 million in 2020, and is estimated to reach $21.09 million by 2030, witnessing a CAGR of 3.8% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗧𝗵𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗢𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.alliedmarketresearch.com/request-sample/6955
Increase in demand for natural and organic products, surge in health awareness, and rise in prevalence of obesity and diabetes drive the growth of the global catechin market. However, lack of consumer awareness and high capital cost for extraction process restrain the market growth. On the other hand, surge in demand for functional food & beverages and widening application scope create new opportunities in the coming years.
𝗧𝗼𝗽 𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗜𝗻𝗰𝗹𝘂𝗱𝗲𝗱:
The key players in the global catechin market include Arjuna Natural Extracts Ltd., Biosynth Carbosynth, Botaniex Inc., Cayman Chemical Company, Chengdu Wagott Bio-tech Co. Ltd, Hunan Sunfall Bio-tech Co. Ltd, Indena, INDOFINE Chemical Company Inc., Infré SA, and Taiyo International.
𝗕𝘂𝘆 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 (𝟐𝟓𝟗 𝗣𝗮𝗴𝗲𝘀 𝗣𝗗𝗙 𝘄𝗶𝘁𝗵 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀, 𝗖𝗵𝗮𝗿𝘁𝘀, 𝗧𝗮𝗯𝗹𝗲𝘀, 𝗮𝗻𝗱 𝗙𝗶𝗴𝘂𝗿𝗲𝘀): https://www.alliedmarketresearch.com/checkout-final/17df0aba25a9c56734f6c2548f6f5447
The primary drivers of growth in this market are an increase in the prevalence of chronic diseases, rise in the prevalence of cancer, technological advancements in catechin manufacturing, and a rapid growth in geriatric population. On the other hand, lack of consumer awareness about the benefits of catechin products is a significant factor that is expected to limit market growth to some extent.
𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗢𝘂𝘁𝗹𝗼𝗼𝗸:
Asia-Pacific and North America are expected to drive market growth in the coming years. Rise in disposable income and surge in demand for dietary supplements are expected to be the primary drivers of market growth in these regions. Catechin applications in food and beverages, as well as pharmaceuticals, are major contributors to the catechin market.
The catechin industry’s Porter’s five forces analysis highlights market competition in terms of the power of buyers, suppliers, manufacturers, and new entrants. Furthermore, rise in consumer awareness of catechin products, as well as an increase in the number of studies investigating catechin’s benefits in a variety of health-related issues has resulted in the launch of new products and the entry of new player
𝗥𝗲𝗮𝘀𝗼𝗻 𝘁𝗼 𝗕𝘂𝘆:
✅ Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Catechin Market.
✅ Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
✅ The key findings and recommendations highlight crucial progressive industry trends in the Catechin Market , thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
✅ Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
✅ Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
✅ Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
𝗘𝗻𝗾𝘂𝗶𝗿𝗲 𝗕𝗲𝗳𝗼𝗿𝗲 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗶𝗻𝗴 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.alliedmarketresearch.com/purchase-enquiry/6955
The demand for potential protein substitutes for traditional protein sources has increased as the number of cases of protein malnutrition has surged. As a result of this requirement, catechin extraction from sustainable protein sources arose. Protein deficiency can result in health issues such as diabetes and cancer. Catechin consumption may reduce the risk of chronic non-communicable diseases. These factors boost catechin product sales, which are expected to aid the global catechin market growth.
𝗖𝗵𝗲𝗰𝗸 𝗼𝘂𝘁 𝗺𝗼𝗿𝗲 𝗿𝗲𝗹𝗮𝘁𝗲𝗱 𝘀𝘁𝘂𝗱𝗶𝗲𝘀 𝗽𝘂𝗯𝗹𝗶𝘀𝗵𝗲𝗱 𝗯𝘆 𝗔𝗠𝗥 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵:
Crustaceans Market – https://www.alliedmarketresearch.com/crustaceans-market-A11170
Fish Protein Market – https://www.alliedmarketresearch.com/fish-protein-market
Apple Concentrate Market – https://www.alliedmarketresearch.com/apple-concentrate-market-A11050
Lactase Market – https://www.alliedmarketresearch.com/lactase-market-A11051
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