Global Flavonoids Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global flavonoids market in its upcoming report titled, “Global Flavonoids Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global flavonoids market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global flavonoids market report has been segmented on the basis of product, application, and region.
Flavonoids is a diverse group of phytonutrients (plant chemicals), found in almost all fruits and vegetables. There are six major subclasses of flavonoids, including anthocyanidins, flavan-3-ols, flavonols, flavanones, flavones, and isoflavones. Some of the best-known flavonoids include quercetin, kaempferol, catechins, and anthocyanidins.
Increasing demand for flavonoids for production of various functional foods & beverages, for providing nutrition to consumers following hectic lifestyle and improper diet are major factors driving growth of the global flavonoids market. Increasing adoption of flavonoids in various applications such as pharmaceuticals and nutraceuticals, owing to its anti-mutagenic and anti-carcinogenic properties, coupled with modulation of key cellular enzyme functions in the body are other major factors expected to support growth of the global flavonoids market over the forecast period.
Flavonoids are highly recommended for its high level of antioxidant and anti-inflammatory health benefits. Moreover, increasing demand for flavonoids as coloring agent in various food & beverages and in food supplements to reduce risk of chronic diseases such as diabetes, cancer, heart diseases, blood pressure, and others are other major factors expected to contribute growth of the global flavonoids market.
However, various side effects occur due to high consumption of flavonoids and its supplements, which may cause fever, anemia from breakdown of red blood cells, and hives is a major factor restraining growth of the global flavonoid market. High prices of flavonoids, and other substitutes available in the market are other factors expected to hamper growth of this market over the forecast period.
The market in North America is expected to dominate global flavonoids market and account for the highest share in terms of revenue, owing to high demand for flavonoid in food & beverage industry, presence of several domestic and international market players, and increasing prevalence of chronic diseases such as diabetes and cancer in countries in the region. The market in Asia Pacific is expected to account for the second-highest revenue in this market, owing to increasing disposable incomes in developing economies such as China and India. The market in North America is followed by Asia Pacific, Europe, Latin America, and Middle East & Africa.
Global flavonoids market segmentation:
Segmentation by product:
Segmentation by application:
- Functional Beverages
- Functional Food
- Dietary supplements
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- International Flavors & Fragrances, Inc.
- Cayman Chemical Company
- Indena S.p.A.
- Kemin Industries, Inc.
- Indofine Chemical Company Inc.
- Foodchem International Corporation
- Aquapharm Bio-Discovery Limited
- Pharmachem Laboratories Inc.
- Toroma organics Ltd.
- Organic Herb Inc.
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