The global catechin market size is expected to reach USD 19.8 million by 2028., at a CAGR of 3.3% during the forecast period.
An increasing number of people with chronic diseases such as cardiovascular diseases (CVDs) and cancer, along with the rising number of people with nutrient deficiency, is expected to drive the growth of the global market during the forecast period. Further, increasing awareness of the catechin associated clinical benefits among people will provide a significant thrust for the growth.
Catechin has various important properties that include anti-inflammatory, anti-proliferative, anti-oxidative, anti-hypertensive, anti-hyperlipidemic, and anti-thrombogenic properties. Hence, they are useful in limiting the risk of various chronic disorders, including hypertension, cancer, obesity, diabetes, cardiovascular diseases (CVDs), and autoimmune disorders. Globally, more than 1.1 billion people suffer from hypertension, and diabetes is also a major health concern across the globe, with 108 Thousand people suffering from diabetes in the U.S. alone.
The product lowers cholesterol levels and, hence it will also reduce the risk of CVDs, which is the leading cause of death in the world. The product is also known to regulate cell death and cell proliferation, and hence it plays an important role in killing abnormal cells and reducing the risk of cancer. Cancer affects more than 19 Thousand people annually and, in the U.S., alone, 1.8 Thousand new cancer cases were diagnosed in 2020.
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Supplements dominate the application segment of the industry as they are known to improve brain function, maintain heart health by reducing cholesterol, blood pressure and help in weight loss. The product in pharmaceuticals products is also gaining prominence due to its use in the treatment of various diseases including cancer, arthritis, external and perianal warts. Many new developments are taking place in the global market by key industry players in recent times. For instance, Nutrixin launched a dairy-free cocoa functional beverage, in May 2021, for heart health.
Market Participants such as DSM, Guangdong Yilong Industrial Group Co., Ltd, TAIYO HOLDINGS CO., LTD., Kemin Industries Inc., Hangzhou Qinyuan Natural Plant High-tech Co., Ltd, Nanjing Zelang Medical Technology Co., Ltd., Hunan Sunfull Biotech Co., Ltd, Infré SA, Shanghai Novanat Co., Ltd, Shaanxi Dongyu Bio-Tech Co. Ltd., Merck KGaA, Darmstadt, Germany, Hunan NutraMax Inc., and Revolution Tea are some of the key players operating globally.
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