The global polyphenols market is expected to reach USD 1.33 billion by 2024, according to a new report, now available on ASDReports. Growing geriatric population base in the U.S., Western Europe, and Japan is expected to drive polyphenols demand over the forecast period.
The growing demand for polyphenols from the niche nutraceutical and dietary supplement market to the wider food & beverage market is projected to boost market growth. Self-affirmed GRAS status given to the use of polyphenols in the food & beverage industry is expected to positively influence the growth of this market. Increasing consumer awareness regarding the health benefits associated with polyphenol consumption and changing demographics is expected to positively influence market growth.