The North America Catechins Market would witness market growth of 4.1% CAGR during the forecast period (2022-2028).
The growth of these populations would probably present chances for producers of nutritional supplements to go after professional athletes. The usage of catechin in functional beverages is projected to be driven by these considerations. Catechins have several advantages, one of which is that they can prevent or lessen skin damage.
Catechins are significant components of tea leaves and have powerful antioxidant and physiological effects. They belong to the class of polyphenol chemicals that are present in numerous therapeutic plants. Camellia sinensis (C. Sinensis) and C. assumica are the two main sources of catechins. Solvent extraction, Ultrasound Assisted Extraction, Microwave Assisted Extraction, Supercritical Fluid Extraction, and High Hydrostatic Pressure can all be used to extract catechins from green tea.
The type of tea utilized, the extraction parameters and setup, and the storage conditions all affect how effective the extraction procedure is. The focus of major businesses is on creating methods that require fewer chemicals during the extraction process. For the extraction of catechin, Botaniex, for instance, has developed a method without the use of ethyl acetate.
In this region, the demand for catechins is rising rapidly in the pharmaceuticals as well as the food and beverage industry. Moreover, the adoption of catechins is also high in the region due to their ability to aid in cancer control, and prevention. The incidences of cancer are increasingly rising in regional countries. According to the Centers for Disease Control and Prevention, in the United States, 1,752,735 new cases of cancer were reported in 2019, while 599,589 people passed away from the disease.
The US market dominated the North America Catechins Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,738.9 Thousands by 2028. The Canada market is poised to grow at a CAGR of 6.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.5% during (2022 - 2028).
Based on Source, the market is segmented into Tea, Fruits, and Others. Based on Type, the market is segmented into Epigallocatechin-3- Gallate (EGCG), Epigallocatechin (EGC), and Others. Based on Application, the market is segmented into Pharmaceuticals, Dietary Supplements, Food & Beverages, and Othersv. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Catechins Market is Estimated to reach $18.1 Million by 2028, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include INDOFINE Chemical Company, Inc., Indena S.p.A., Cayman Chemical Company, Inc., Chengdu Chelation Biology Technology Co., Ltd., Arjuna Natural Pvt. Ltd., Taiyo International (Taiyo Kagaku Corporation), Infré SA, Carbosynth Ltd., and Botaniex, Inc.
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