Flavonoids Market Size, Trends & Analysis - Forecast to 2026 By Application (Functional Food, Dietary Supplements, Functional Beverages, and Others) By Product (Flavones, Anthoxanthins, Anthocyanins, and Others) Competitive Landscape, Company Market Share Analysis, and Competitor Analysis
Flavonoids Market Insights
Flavanols are a family of compounds present in a variety of plant-based foods and drinks, including cocoa, tea, apples, and many others. Flavonoids come in a variety of forms, including flavanone, anthocyanin, and flavonol, among others.Flavonoids are ordinarily utilized in cosmetics because of their beneficial outcome on keeping up skin healthy and youthful. Creams and cosmetics comprising all such ingredients moisturise and soften the skin, resist wrinkle formation, aid collagen synthesis, possess anti-oedema capabilities, and safeguard against UV rays.
Flavonoids are natural compounds present in trees, vegetables, and plants that have a variety of health benefits.They are a type of polyphenol that contains thousands of disease-fighting phytochemicals. Carrots, broccoli, berries, citrus fruits, peppers, tomatoes, and a variety of other fruits are also good sources of flavonoids. Flavonoids can also be used in vegetables.The developing demand for dietary flavonoids because of the medical advantages got from the utilization of vegetables and fruits have prompted the production of food items rich in flavonoids. Due to various potential antioxidant properties, flavonoids are widely used in food production to help prolong the shelf life of foods. Apart from extending the shelf life of food, the antioxidant agent aids in the mitigation of infectious diseases such as cancer, which is caused by the oxidation of free radical-prone formulations.
A broad research study to comprehend various properties, applications, and structures of flavonoids is relied upon to bring about expanded demand over the predicted time frame. Many market players are included significantly in R&D and new item improvement. This is anticipated to expand the utilization of this item through the predicted period. Growing awareness of the importance of eating healthy foods, as well as growing considerations about a diverse array of diseases such as obesity, diabetes, high blood pressure, and cancer, are expected to boost market growth forward over the forecast period.A wide scope of advantages has prompted the expanded prominence of this item in recent years.
Changing purchaser ways of life and rising demand for health and beauty supplements are relied upon to move flavonoids utilization over the predicted time frame. The developing demand for convenience food items has expanded the utilization of flavonoids in functional food. There is a developing demand for organic and natural beauty items. Customer preference towards nutraceuticals is fueling the market growth, and plant flavonoids have a huge amount of potential.The introduction of various items in the cosmetics business is relied upon to emphatically affect the flavonoid market demand also.
The ascent in the ageing populace, combined with expanding demand for disease battling items are expected to help the business' development. The expanded utilization of anthocyanin, a significant flavonoid, as a colouring agent in the food and beverage industry, was the significant driving element of the market in this section. Anthocyanin is likewise a hypoglycemics agent that decreases the human glucose level.It's a histamine inhibitor that reduces inflammation triggered by allergies, heart disease, arthritis, and stomach ulcers.
Flavonoids Market: By Application
Based on the application of flavonoids, the market can be segregated into functional food, dietary supplements, functional beverages, and others.The functional beverages segment ruled the worldwide flavonoids market in the previous year. This item improves metabolic processes in the myocardium, consequently repressing thrombus development. Utilization of flavonoid-containing drinks assists with stimulation of immune system, control adversity of anthropogenesis, and diminish the teratogenic mutagenic carcinogenic impact, along these lines enlarging demand over the predicted time frame.
The dietary supplements segment is anticipated to observe languid demand inferable from tough guidelines identified with the utilization of flavonoids. What's more, there are different side effects identified with the consumption of supplements. For example, the utilization of supplements could prompt a lot of flavonoid consumption, subsequently harminghuman wellbeing.
Flavonoids Market: By Product
In the view of the product, the market for flavonoids market can be divided into flavones, anthoxanthins, anthocyanins, and others.Anthocyanins represented most of the share as far as both, volume and value, in the previous year. Developing mindfulness about health and wellbeing has brought about expanding utilization of anthocyanin-rich food and beverages.
The market for flavones is relied upon to observe the most noteworthy CAGR over the predicted time frame. They are known to have antioxidant, anti-microbial, anti-tumour, and anti-inflammatory properties, which make them helpful in the personal care and pharmaceutical businesses.
Flavonoids Market: By Region
As per the geographical analysis, the market of flavonoidsmarket can be classified into North America (the US, Canada, and Mexico), Asia Pacific (India, China, Japan, Malaysia, Singapore, and Rest of Asia Pacific), Europe (Germany, United Kingdom, Italy, France, Spain, Netherlands, and Rest of Europe), Middle East & Africa and Central South America.North America and Europe are responsible to fuel the development of the worldwide flavonoid markets. However, North America will be holding the largest share of theflavonoids market because of the ascent in wellbeing awareness and expanding demand for dietary and nourishing supplements among individuals inside the locales. The Asia Pacific has been projected to enrol a twofold digit CAGR with China going about as a major driver for such tremendous growth. The developing ageing populace and developing mindfulness among customers for a sound way of life are factors supporting the development of the flavonoid market along withrising disposable incomes of shoppers particularly in China and Japan are relied upon to increase development around there. Furthermore, this is anticipated to proceed over the estimated time frame.
Flavonoids Market Share and Competitor Analysis
ToromaOrganics Ltd, Pharmachem Laboratories Inc., Organic Herb Inc., Phytocompounds, Foodchem International Corporation, INDOFINE Chemical Company, Inc., Extrasynthese, Cayman Chemical Company, Quercegen Pharmaceuticals and Indena S.p.A. are the top players in the flavonoids market.
Please note: This is not an exhaustive list of companies profiled in the report.
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The Flavonoids Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Flavonoids Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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