Global Flavonoids Market Size - Global Industry Growth, New Opportunities and Forecast–2027
Global Flavonoids Market – Overview
Flavonoids market is driven by various factors including increase in
globalization, rising demand for natural food colors and flavors in food and
beverages. Manifold increase in number of diseases and health risks is
demanding healthier and natural foods which is supporting sales of functional
flavonoids. Due to lack of time for cooking and busy life patterns there has
been lack of inclusion of healthy foods in diet and more tendencies towards
high calories fast foods and packed foods. This in turn has resulted into
increase in health risks and later demanding for functional foods with
flavonoids. Market Research Future, a firm which specializes in market reports
related to the Foods, Beverages & Nutrition sector among others, recently
forecasted in its report “Global Flavonoids Market Research Report- Forecast to
2023” that the market will demonstrate an exceptional CAGR % while achieving
good growth rapidly in the forecast period.
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https://www.marketresearchfuture.com/reports/flavanoids-market-2168
Flavonoids are mainly known for its anti-oxidant and anti-inflammatory
health benefits and it is also becoming popular as a healthy and natural
flavoring agent in food. There are various types of flavonoids available and
each flavonoid has its own unique characteristics and health benefits. Fruits
and vegetables are the main dietary sources of flavonoids; however, tea and
wine are becoming more popular as a reach flavonoid source from last few years.
Anthocyanin’s flavonoids hold major market share compare to other flavonoids
available in the market. Blackberries, grapes, blueberries and avocado are
reach source of Anthocyanin’s. Flavonoids are more popular in North America and
Europe, but increasing health awareness and rising knowledge about health
benefits of flavonoids is boosting its growth in Asia Pacific region.
Innovation in extraction process of flavonoids is changing the market dynamics
of flavonoids. Increasing application base of flavonoids in pharmaceutical
industry is likely to boost the market in next few years.
Emergence in the flavonoids industry mainly, the natural based
ingredients with greater functional properties have created a new market edge.
Availability of semi-synthetic oligo-flavonoids has created substitution threat
to an extent for natural flavonoids. Improved focus on R&D and developments
in the organic chemistry has supported the launch of new flavonoid products.
There are strong prospects of flavonoids use in the nutraceutical foods. The
major sources of flavonoids include tea, citrus fruit, citrus fruit juices,
berries, red wine, apples, and legumes.
Latest Industry Updates
Feb 2017 Clarion Brands has launched a new portfolio of Lipo-Flavonoid
products addressing sleep and tinnitus. The newly launched products include the
Sonorest Sleep Tones sound machine, Lipo-Flavonoid Night and The Lipo-Flavonoid
Day/Night Kit.
Nov 2016 Taj Pharma has launched VENOSTOR Diosmin/Hesperidin Tablets.
This unique natural formula combines two powerful antioxidant flavonoids to
promote healthy blood flow in the legs and throughout the body.
Global Flavonoids Market - Competitive Analysis
Key manufacturers are focusing on expansion of their product line by
adding value additions to their existing products. With the increasing
acceptance of flavonoids among consumer, the market will see significant growth
in next few years. Also, key players in the flavonoids market analysis are involved in introducing new products, backed by sustained efforts in
R&D. End-use segments including dietary supplements, functional food and beverages
for weight management and diabetic’s health food and beverages with various
formulations in flavonoids is a major factor that is fueling the growth of
global flavonoids market.
The key players profiled in Flavonoids are Flavon Group LLC. (Hungary),
Foodchem International Corporation (China), Cayman Chemical Company (U.S.),
Alchem International Ltd (India), Triveni Interchem Pvt. Ltd (India),
Sigmaaldrich (U.S.), Wako Pure Chemical Industries, Ltd. (Japan), and Toroma
Organics Ltd (Spain) among many others.
Global Flavonoids Market – Segments
The global flavonoids market analysis has been divided into type,
application, and region.
On the Basis of Type: Flavanones, Flavones, Isoflavonens, Chalcones,
Anthoxanthins, Anthocyanins, and Others
On the Basis of Application: Functional Foods, Functional Beverages,
Pharmaceuticals, Animal Feed, Nutraceuticals, and Others
On the Basis of Region: North America, Europe, Asia Pacific, and ROW
Global Flavonoids Market - Regional Analysis
The global flavonoids market analysis is segmented into North America,
Europe, Asia Pacific, and rest of the world (RoW). The North American region is
dominating followed by the Europe owing to the major markets for flavonoids and
strong presence of functional foods and beverages. Asia Pacific region is the
second largest market for flavonoid fortified products due to the trend towards
healthier lifestyles. Growing youth population and rise in disposable income is
driving the demand for flavonoids.
Trends in healthy foods linked with functional properties such as
anti-viral, antiallergic, anti-inflammatory, anti-tumor and anti-oxidant; are
driving sales of the flavonoids. Among various functional properties of
flavonoids, antioxidant is trending primarily, owing to the presence of vitamin
C, vitamin E, selenium, and carotenoids which makes it nutritious. Furthermore,
increasing consumer awareness and growing demand for flavonoids has uplifted
the market in the Asia Pacific countries like India, China and Japan which is
expected to boost the growth of the flavonoid market during the review
period.
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NOTE: Our Team of
Researchers are Studying Covid19 and its Impact on Various Industry Verticals
and wherever required we will be considering Covid19 Footprints for Better
Analysis of Market and Industries. Cordially get in Touch for More Details.
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