Taxifolin Market By Type (Purity ≥95%, Purity) By Application (Food, Healthcare Products, Medicine) and Region - Global Forecast 2026

Global Taxifolin Market Overview

The global taxifolin market is estimated to value at around US$ 0.1 Bn in 2018 and is expected to register a CAGR of 5.7%.

This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.

Taxifolin is a flavanonol and is a type of flavonoid, which is a highly diversified and multi-substituted subgroup. Its raw material is wood of Dahurian and Siberian larches that grow abundantly.

Global Taxifolin Market Dynamics:

Taxifolin, also known as dihydroquercetin, is a favorable natural antioxidant, which possesses anti-microbial, antibacterial, antifungal, and anti-inflammatory properties. Taxifolin is used as an additive to food products, owing to its health benefit as an antioxidant and anti-inflammatory agent, and its ability to stabilize the shelf life of products over 12 to 36 months. In addition, the presence of even small amounts of taxifolin can prevent “oxidative stress”, and also helps to protect the body against free radicals.

However, the availability of substitutes to taxifolin such as quercetin is expected to hamper the growth of the global target market to a certain extent. The development of more cost-effective production processes could help manufacturers to reduce end-product costs and will help to gain major revenue share in markets across the globe

Global Taxifolin Market analysis by type:

On the basis of type segmentation, the purity <95% segment is expected to contribute a major revenue share and is estimated to maintain its dominance over the forecast period. This dominance is attributed to the rising demand in food and cosmetics applications. The purity ≥95% segment is estimated to register the highest CAGR of over 5.5% during the forecast period, owing to rising demand in medical applications.

Global Taxifolin Market Analysis by application:

On the basis of application segmentation, the food segment is expected to contribute a major revenue share of the market and is expected to maintain its dominance over the forecast period. The food segment is projected to register a significant CAGR of over 5%, over the forecast period. Increasing demand for additives that improve the shelf life of food products is expected to support the revenue growth of the segment.

The medicine segment is estimated to contribute a significant revenue share of the market over the forecast period, followed by the healthcare products segment. The medicine segment is projected to register the highest CAGR of over 5.5%, during the forecast period, as taxifolin has the ability to enhance blood flow to muscles and myocardium, and is increasingly being used as an ingredient in sports supplements and other such products, and demand for these products is increasing significantly owing to rising awareness regarding health and wellness among younger individuals.

In addition, rising demand for personal care products and cosmetics globally, owing to changing lifestyles and increasing purchasing power of consumers is expected to propel revenue growth of the healthcare products segment over the forecast period.

Global Taxifolin Market Analysis by Region/Country:

The market in Europe accounted for the highest revenue share in the global taxifolin market in 2017 and is expected to continue with its dominance over the forecast period. This can be attributed to the increasing demand for taxifolin in major end-use applications such as food and cosmetics, coupled with the increasing use of taxifolin as an ingredient in various drugs owing to its antibacterial, antifungal, and anti-inflammatory properties.

In addition, increasing prevalence of cancer, increasing government initiatives for spreading awareness about cancer and cancer treatment, and increasing R&D initiatives related to taxifolin are among some of the major factors boosting the growth of the Europe taxifolin market currently.

The market in North America accounts for a significant revenue share in the global taxifolin market. Demand for taxifolin has been increasing significantly due to its wide applications in industries such as food, pharmaceutical, and cosmetics. The pharmaceutical industry is relatively well developed in North America, and the increasing use of taxifolin in pharmaceuticals owing to its anti-bacterial and anti-fungal properties is a major factor driving the growth of the market in the region currently.

In addition, taxifolin can also prevent cancer development and is considerably less toxic than other compounds, which is resulting in increasing research activities to develop effective and less toxic drugs, owing to the increasing incidence of cancer, and is another factor expected to drive revenue growth of the market in the region.

The China market is projected to register the highest CAGR of over 6% in the global taxifolin market over the forecast period. Rising demand for taxifolin from various end-use industries, especially the pharmaceutical industry, is driving the growth of the China market currently, and the trend is expected to continue over the forecast period.

Moreover, increasing investment by public and private sectors boosting the discovery and development of drugs that have less toxic effects is another factor expected to drive the growth of the China market over the forecast period. Government initiatives for boosting the domestic production of drugs that are affordable and effective, and which can primarily reduce imports are other factors expected to support the growth of the market in China.

The Japanese market accounts for a considerable revenue share in the global taxifolin market. Increasing demand for taxifolin in major applications such as medical and food, coupled with increasing penetration of sports nutrition owing to increasing international and national sporting events are major factors driving the growth of the Japanese market, currently.

Taxifolin induces several biological effects, including anti-oxidative and Vitamin P activity. In addition, due to its compatibility with vitamins, mineral complexes, and medicinal plant extracts, it is being increasingly used in dietary supplements and pharmaceutical products, which is expected to fuel the growth of the target market in the country.

Rising demand for bakery products, increasing meat consumption, coupled with food manufacturers focusing on preserving freshness, and increasing shelf life of products is in turn expected to drive the growth of the market in the region to a significant extent.

Global Taxifolin Market segmentation:

Global Taxifolin Market Segmentation on the basis of type:

• Purity ≥95%
• Purity <95%

Global Taxifolin Market Segmentation on the basis of application:

• Food
• Healthcare Products
• Medicine

Global Taxifolin Market Segmentation on the basis of region:

• North America
• Europe
• China
• India
• Japan
• Southeast Asia
• Rest of the World