15-Mar-2022 | Zion Market Research
Flavonoids Market is slated to cross USD 1,476 Million By 2028, as per new research study by Zion Market Research Private Limited. It earned USD 1,013 Million in 2021 and will register CAGR of about 4.2% in 2022-2028. Additionally, growth of flavonoids market over assessment period can be credited to use of product as therapeutic agent. In addition to this, the product is an indispensable ingredient in nutraceutical, medicine, pharmaceutical, and cosmetic applications. Furthermore, anti-oxidative, anti-mutagenic, anti-inflammatory, and anti-carcinogenic features of product along with latter’s ability for modulating cell enzyme operations will enlarge scope of market growth in near future. In addition to this, ability of flavonoids to search free radicals, prevent oxidative stress, and regulate cellular mechanism as per various studies will prop up expansion of flavonoids market. With large-scale use of flavonoids in apoptosis with a view to combat cancer cells has resulted in massive demand for flavonoids in drugs. Anti-inflammatory and immune-modulatory effects of flavonoids have enhanced demand for product across various verticals. Favorable effects of flavonoids on gut microbiota will create lucrative growth avenues for flavonoids market.
Anthocyanins Segment To Account Majorly Towards Market Size By 2028
Expansion of segment over forecast timespan is due to rise in awareness pertaining to health & wellness about anthocyanins and its use in food & beverages. In addition to this, these products possess anti-tumor, anti-oxidant, and antiviral features, thereby enhancing their use in pharmaceutical & personal care sectors.
Functional Beverages Segment To Lead Application Landscape By 2028
Segmental growth over next six years can be credited to large scale penetration of flavonoids in functional beverages sector owing to its ability of improving metabolic processes. Apart from this, intake of flavonoid fortified drinks will assist in improving immune system along with minimizing teratogenic mutagenic carcinogenic effects. This will accentuate market growth.
Asia Pacific Flavonoids Market To Experience Substantial Growth Over 2022-2028
Expansion of flavonoids market in Asia Pacific in forecasting years can be credited to large-scale intake of nutraceutical items. In addition to this, altering consumer lifestyles, rise in millennial populace, and surging intake of flavonoids-based food products by sportspersons will favorably impact growth of flavonoids industry in Asia Pacific zone.
Some of the major players have strongly impacted flavonoids market and will continue to do so even in foreseeable future. They include Meherrin Agricultural & Chemical Company, Foodchem International Corporation, International Flavors & Fragrances Inc., Cayman Chemical Company, Aquapharm Bio-Discovery Limited, Extrasynthese, Quercegen Pharmaceuticals, and Indofine Chemical Company, Inc.
Browse the full “Flavonoids Market- By Product (Anthocyanins, Flavones, Anthoxanthins, Flavanones, Isoflavonens, And Chalcones) And By Application (Pharmaceutical, Dietary Supplements, Functional Beverages, Functional Food, Nutraceuticals, And Animal Feed) - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2022 - 2028.” Report at https://www.zionmarketresearch.com/report/flavonoids-market
The global Flavonoids Market is segmented as follows:
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