Catechin Market Size, Share & Trends Analysis Report By Application (Pharmaceuticals, Beverages, Supplements, Mouth Rinsing Agents), By Region (North America, Europe, APAC, CSA, MEA), And Segment Forecasts, 2020 - 2027

Report Overview

The global catechin market size was valued at USD 16.1 million in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 3.4% from 2020 to 2027. Increasing demand for natural and organic products coupled with growing consumer inclination towards adoption of a healthy lifestyle is expected to drive the catechin consumption in dietary supplement formulations. Catechins are flavanols that belong to polyphenols group found in abundant quantities in green tea. The four main types of catechin include Epicatechin (EC), Epigallocatechin (EGC), Epicatechin-3-Gallate (ECG), and Epigallocatechin-3- Gallate (EGCG). These catechins found in green tea vary in composition with EGCG being the highest accounting for 60.0% followed by EGC, ECG, and EC accounting for 20.0%, 14.0%, and 6.0% respectively.

Catechin extraction from green tea can be carried out using solvent extraction, Microwave Assisted Extraction (MAE), Ultrasound Assisted Extraction (UAE), Supercritical Fluid Extraction (SFE), and High Hydrostatic Pressure (HHPE). The efficiency of the extraction technique depends on several factors such as variety of tea used, extraction parameters and set-up, and storage conditions.

However, some of the extraction technologies are capital intensive and require longer extraction time. Research and development activities are being undertaken to minimize extraction time and cost, enhance extraction rate, as well as to maximize processing throughput and yield. Also, key players are focusing on developing technologies that reduce the use of chemicals in the extraction process. For example, Botaniex, has introduced an ethyl acetate-free process for the extraction of catechin. The new product developed by the company is chemical free, thereby making it healthier and safer for consumers. Thus, residue-free ingredients extracted through innovative technologies are anticipated to help dietary supplement manufacturers penetrate the catechin market.

Catechin Market Trends

Catechin is type of polyphenol which is abundantly present in green tea leaves. Changing market dynamics of polyphenols market have major influence on the catechin market. Increasing demand for functional food & beverages along with technological advancements in polyphenol extraction process are projected to be the major driving factors for polyphenols market growth.

Catechin has been extensively utilized in functional food & beverage market owing to rising inclination of consumers toward a healthy lifestyle in order to reduce the risk of cardiovascular diseases and treat obesity. Functional beverages market has witnessed considerable growth in the past few years on account of changing consumer perception toward their dietary habits. This change has been primarily driven by evolving consumer lifestyle including long working hours and increasing health risks.

The ongoing efforts to improve the quality of all sports considering the diet and training of the athletes is bound to bring in new customers, particularly non-core users such as recreational athletes and lifestyle users. The expansion of such demographics is likely to create opportunities for manufacturers of dietary supplements to target the professional athletes. The aforementioned factors are anticipated to drive the consumption of catechin in functional beverages.

Green tea is extensively consumed in countries such as China, the UK, Japan, India, and the U.S. owing to the awareness among consumers regarding its health benefits. Furthermore, green tea market is anticipated to witness growth owing to its medicinal and antioxidant properties along with its ability to promote weight loss and prevent & treat cancer, arthritis, & heart diseases among others. Increasing consumption of green tea as a beverage is anticipated to hamper the growth of catechin market.

Application Insights

The supplements application segment accounted for 33.9% of revenue share in 2019. Catechin, owing to its anti-inflammatory, anti-oxidative, anti-bacterial, and anti-ageing is widely being used in several functional, nutritional, and beauty supplements. Regular intake of dietary supplements promotes weight loss, enhances brain health by preventing degenerative brain diseases, and improving neurological cell function.

In addition, it also helps to maintain heart health by reducing blood pressure, cholesterol, and the accumulation of plaque in blood vessels. However, in 2019, European Food Safety Authority (EFSA) after carrying out assessments raised concerns regarding the potential liver damage caused due to the intake of catechin supplements with a dose above 800 gm/day.

Pharmaceutical application for catechin is rapidly gaining popularity across the globe owing to various benefits associated to the product. It is effective in preventing and treating several diseases such as cancer, arthritis, obesity, diabetes and, and infections. However, the extraction of catechin may contain impurities. Hence, safety tests are carried out to check the purity of the products that are sold as medicines. Catechin-based pharmaceutical products include topical gels sold for the treatment of perianal and external warts. They are regulated by U.S. FDA and are sold as prescription drugs in the county.

Catechin is widely utilized in the manufacturing of oral care products, mainly in the formulation of mouth rinsing agents due to its anti-inflammatory and antibacterial properties. It can be used as a substitute for chlorhexidine gluconate as an anti-plaque agent. Catechin-based mouthwash is useful in preventing several gum diseases such as dental caries, periodontitis, gingivitis, stomatitis, and halitosis. The regular use of catechin-based mouth rinsing agents results in the reduction of gum swelling as well as helps in teeth brightening.

Regional Insights

North America accounted for a volume share of over 23.9% in the market in 2019. Rising product demand in this region is primarily attributed to the growing focus on dietary supplements and functional food and beverages among millennials. The region, led by U.S., is a home for many globally renowned beverage manufacturers.

In 2018, Asia Pacific accounted for the largest market share in the global polyphenols market. India, South Korea, China and Japan are expected to account for a high product demand on account of increasing preventive healthcare along with growing consumer inclination toward natural & organic products. North America is anticipated to emerge as the second-largest polyphenols market over the forecast period. The growth in this region can be attributed to increasing demand for functional food & beverage products.

Augmented healthcare measures for preventing the occurrence of various diseases coupled with government efforts on improving the national health standard are contributing toward the growth of dietary supplements market, which in turn is anticipated to drive the demand for catechin in the country. Moreover, the U.S. Food and Drug Administration (FDA) has approved the use of the products as a prescription drug for the treatment of genital warts which is caused by the Human Papillomavirus (HPV). The drug is sold under prescription by Fougera Pharmaceuticals, Inc.

Green tea emerged as a traditional drink in Asia Pacific and thus, green tea-derived catechin is expected to witness significant growth over the forecast period. Catechin applications are not only restricted to functional food & beverage products but also include dietary supplements and cosmetics on account of the product’s ability to reduce weight and act as an antioxidant and antiaging product.

Asia Pacific emerged as the fastest growing regional market and is expected to witness a CAGR of 3.9% over the forecast period. China is the prominent producer and consumer of the product in the region owing to the growing consumer awareness towards a healthy lifestyle along with high spending on functional food and beverages. Hunan Sunfull Bio-tech Co., Ltd.; Botaniex, Inc.; and Shaanxi Dongyu Bio-Tech Co., Ltd. are the prominent catechin manufacturers and suppliers in the country.

The U.S. emerged as the largest market for catechin in North America, with a market share of over 49% in 2018. In the U.S., catechin is projected to witness an increase in demand over the forecast period. This growth is primarily driven by rising health concerns, which has boosted the demand for healthy & innovative dietary supplements and functional food & beverage products

Europe accounts for third largest market for Catechin, owing to increasing functional food & beverages and dietary supplements. Catechin is present naturally in green tea with epigallocatechin gallate (EGCG) being abundant. Catechin is majorly used in dietary supplements and pharmaceutical products owing to its ability to reduce weight and treat genital infections. Increased consumption of catechin-infused pharmaceuticals and nutraceuticals is anticipated to drive the market in Europe.

Central and South America have witnessed an increase in obesity and overweight rates over the past decade, leading to growing health awareness and shifting consumer preference toward dietary supplements and organic food products. Increasing demand for nutraceutical products is expected to drive the demand for catechin in the region. Major manufacturers are anticipated to invest a high amount in R&D activities to manufacture targeted dietary supplements. This is expected to positively impact the market in the region.

In Germany, catechin is majorly used in dietary supplements and cosmetic products owing to its anti-inflammatory and anti-aging properties. The product is also used in several pharmaceutical products to treat genital infections. Increasing cases of obesity coupled with rising product demand from nutraceutical industry are anticipated to drive the market in the country over the coming years.

Functional food & beverages industry has observed a significant growth in the Middle East & Africa in the past decade, which is anticipated to boost the demand for catechin. Factors such as changing demographics, high employment rate, and increasing consumer spending ability on products related to health and well-being are expected to boost the demand for catechin in the region.

Key Companies & Market Share Insights

The market is highly fragmented in nature with the dominance of well-established and long-term operating players. The competition is expected to intensify over the forecasted period owing to the ascending demand for health supplements. Moreover, the presence of large and established participants has led to a high degree of rivalry in the market. Increasing demand for functional food and beverages is one of the key factors likely to have a positive influence on the growth of the market. Some of the prominent players in the catechin market include:

• Hunan Sunfull Bio-tech Co., Ltd.

• Chengdu Wagott Bio-tech Co., Ltd.

• Novanat Bioresource, Inc.

• Hangzhou Qinyuan Natural Plant High-tech Co., Ltd.

• Taiyo Green Power Wxee

Catechin Market Report Scope

Global Catechin Market Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2020 to 2027. For the purpose of this study, Grand View Research has segmented the global catechin market report on the basis of application and region.

• Application Outlook (Volume, Kilotons; Revenue, USD Thousand, 2016 - 2027)

  • Pharmaceutical

  • Beverages      

  • Supplements

  • Mouth Rinsing

  • Others

• Regional Outlook (Volume, Kilotons; Revenue, USD Thousand, 2016 - 2027)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • U.K.

    • Germany

    • Spain

    • France

    • Italy

    • Russia

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • Saudi Arabia

    • UAE