North America Catechin Market was worth USD XX million in 2020, so it is estimated to reach USD XX million by 2026, increasing at a CAGR of XX%. They are linked to many therapeutic benefits, including heart health maintenance, cancer risk reduction, and weight management. Green tea contains catechin epigallocatechin gallate (EGCG), which aids weight loss. Growing benefits from catechin extraction fuels market expansion.
Green tea is the most often used raw material for extracting catechins. Increasing consumer health consciousness and a desire to lead a healthier lifestyle motivate people to alter their eating habits and adopt a well-rounded diet that includes nutritious foods.
Consumers all over the world are growing more health-conscious and self-aware. Because of this heightened awareness, people are making the switch from a careless to a healthier lifestyle. The increase in population is linked to the rise of social media, driving growth in the popularity of health and fitness among the target audience. Their antibacterial properties help prevent rheumatoid arthritis, diabetes, overweight, infections, and heart disease (CVDs).
Catechins are also utilized to restore cognitive abilities linked to neurological illnesses as they alter various signal transduction pathways and control the expression of genes and protein functioning in neurons. This is driving the market. Catechin sales are benefiting from the significant increase in the nutritional beverage sector. As cardiovascular disease and obesity are on the rise, so is consumer demand for better-for-you meals. This shift in consumer habits has been critical in fueling the market's expansion.
Catechin extraction may contain contaminants. As a result, safety tests ensure that medicines sold on the open market are free of contaminants. Lack of knowledge about the therapeutic properties among the lower middle class continues to be a market barrier. Some extraction methods are expensive to implement and take longer to complete. As a result, extraction time and cost are minimized, while extraction rate is improved, and processing efficiency and productivity are maximized. The advancement of technologies that use fewer chemicals in the extraction process is also a priority for major players.
The North America Catechin Market is segmented by Application.
The market can be categorized into Mouth Rinsing Agents, Supplements, Beverages, and Pharmaceuticals. Catechin is used in pharmaceuticals for the prevention and treatment of a wide range of health problems. Topical gels used to cure perianal and external lesions are among the pharmaceuticals based on catechins. In the United States, they are offered as prescription medications under the supervision of the FDA. It's also found in many beverages, including tea and coffee. It's a common additive to functional beverages like instant green tea.
The catechin market is expected to expand healthily because of the rising number of applications in many industries. The supplements application sector generated the largest market share. Because of its anti-inflammatory, antioxidant, antibacterial, and anti-aging properties, catechin is widely employed in various functional, nutritional, and cosmetic supplements. Due to its anti-inflammatory and antimicrobial characteristics, catechin is commonly used in oral care products, particularly mouthwashes. As an anti-plaque agent, it could be used in place of chlorhexidine gluconate. Various gum disorders can be prevented by using catechin-based mouthwash. These include dental caries, periodontitis, gingivitis, stomatitis, and bad breath. Regular usage of mouth rinses containing catechins reduces gum inflammation and brightens teeth.
The increasing demand for the product in this region is primarily due to millennials' increased interest in dietary supplements and functional food and beverages. In addition, many globally recognized beverage makers call the part, led by the United States, home. Furthermore, catechins' rising use in the medical industry is one of the leading market expansion drivers. Increased healthcare measures to avoid the onset of various diseases, together with government initiatives to improve national health standards, contribute to the development of the dietary supplements industry, which is expected to fuel catechin demand in the country.
Catechins have anti-oxidative, hypertensive, inflammatory, proliferative, thrombogenic, and hyperlipidemic properties. A further positive influence on the market is being exerted by the expanding senior population, which coincides with a considerable rise in consumer inclinations for natural foods to enhance the quality of life. In addition, several firms are making significant expenditures in R&D initiatives to develop specialized nutritional supplements and diversify their range of products. According to estimations, this will propel the market's expansion.
Impact of COVID-19 on North America Catechin Market
COVID-19 has considerably restricted the expansion of the Catechin industry since last year, and this growth is projected to continue through 2021. However, due to the unexpected operational closure, the manufacturing processes and catechin extraction have been halted, causing a disturbance in the product's distribution network. This not only caused an imbalance in market dynamics but also influenced the company's profits.
Major Players in the North America Catechin Market:
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.1 Mouth Rinsing Agents
5.1.5 Y-o-Y Growth Analysis, By Product
5.1.6 Market Attractiveness Analysis, By Product
5.1.7 Market Share Analysis, By Product
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Product
6.1.4 Market Attractiveness Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Product
6.1.5 Market Share Analysis
188.8.131.52 By Geographical Area
184.108.40.206 By Product
6.2 North America
6.1.2 United States
6.3.6 South Korea
6.5 Latin America
6.4.5 Rest of Latin America
6.6 Middle East & Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Taiyo Green Power
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.4 Hunan Sunfull Bio-tech
8.5 Hunan Nutramax
8.6 Guangdong Yilong Industry Group
8.7 Hangzhou Qinyuan Natural Plant High-tech
8.8 Shanghai Novanat Bioresources
8.9 Chengdu Wagott Bio-Tech Co. Ltd.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures