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Catechin market to reach $ 31.9 million by 2033
The global catechins market is expected to develop significantly, with a value of USD 18.5 million in 2023. ACAGR of 5.9% is predicted to be maintained by the year 2033. Such consistent growth estimates indicatethat the worldwide catechins market is on pace to achieve an astounding valuation of USD 31.9 million by2033.
Catechin, a polyphenol primarily found in green tea leaves, is significantlyimpacted by the changingdynamics of the polyphenols market. Key drivers influencing this market include the escalating demand forfunctional foods and beverages and advancements in polyphenol extraction processes. Such factors play apivotal role in driving the growth of the catechin market.
Catechin has gained extensive usage in the functional food and beverage market, primarily due toconsumers’ growing inclination toward adopting a healthy lifestyle.
Green tea enjoys widespread consumption in countries such as China, Japan, India, and the United States.Green tea is increasingly recognized for its medicinal properties and high antioxidant content.
Source: Future Market Insight (Extracts), Courtesy: Tea Exporters’ Association Sri Lanka
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Forbes & Walker was set up in 1881 as a partnership between James Forbes and Chapmen Walker. Although there is no actual record of the date on which it was established the very first cash book, still in the possession of the Finance Director, indicates the brokerages were earned from 1st August 1881. In Sir Thomas Villiers' book “Mercantile Lore” the date of establishment of Forbes & Walker has been put down Read More...