According to the report, the Flavonoids Market accounted for USD 973.3 Million in 2019 and is expected to reach USD 1259.4 Million by 2026, growing at a CAGR of around 3.75% between 2020 and 2026.
The report studies the forecast and analysis for flavonoids market on a global and regional level. The report provides historic data and forecast from 2016 to 2026 based on revenue (USD Million). The study comprises drivers and restraints for the market and their impact on the demand for the forecast period. In addition, the study encompasses available opportunities in the flavonoids market on a global and regional level.
The report delivers the users with a complete view on the flavonoids market, by providing a detailed competitive scenario with strategic developments and product portfolio of key manufacturers. The competitive landscape of the flavonoids market is well explained with analysis of Porter’s five forces model for the flavonoids market. The study constitutes market attractiveness analysis, where type and application segments are benchmarked based on their market size and growth rate.
The flavonoids market can be segmented based on type and application. The flavonoids market can be segmented on basis of type anthocyanins, flavones, anthoxanthins, flavanones, isoflavonens and chalcones. The number of applications for flavonoids includes pharmaceutical, food and beverages, nutraceuticals and animal feed. All the segments have been studied on basis of current and forecast trends and the market is projected from 2016 to 2026. The regional segmentation includes the current and future demand for North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa which is further classified into major countries including U.S. Germany, France, UK, China, Japan, India, and Brazil.
The report includes expansive competitive outlook and company profiles of the key participants operating in the global market. Key participants profiled in the report include Kemin Industries, Foodchem International Corporation, EXTRA SYNTHE SE, Meherrin Agricultural & Chemical Company, Cayman Chemical Company, Quercegen Pharmaceuticals, International Flavors and Fragrances, Aquapharm Bio-Discovery Limited and Indofine Chemical Company Inc among others are some of the major players in the flavonoids market.
This report segments the flavonoids market as follows:
Flavonoids Market: Type Segment Analysis
Flavonoids Market: Application Segment Analysis
Flavonoids Market: Regional Segment Analysis
This report is based on in-depth qualitative and quantitative analyses of the global 3D Printing Gases market. Zion Research has collected and analyzed key data belong to the global 3D Printing Gases market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of 3D Printing Gases across the world has been calculated through primary and secondary research.
Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the 3D Printing Gases industry. Primary research makes up the major source of data collection and validation.
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the 3D Printing Gases market.
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
Flavonoids are the metabolites of plants and fungus. Flavonoids are pigments used for flower coloration and in higher plants they act as UV filtration. Flavonoids are mainly used as anti-oxidants but also function as anti-inflammatory agents and help in preventing cancer. Flavonoids are obtained mainly from peppers, citrus fruits, tomatoes, soybeans, berries, carrots, and broccoli. Flavonoids are also used as preservatives in various food products for obtaining longer shelf life.
Escalating incidence of high cholesterol, depression and obesity patients coupled with increasing health issues due to consumption of junk food drives the market for flavonoids. Moreover, easy availability of functional foods and presence of wide variety of functional foods fuels the growth of the market. Increasing disposable income, changing lifestyle and rising diet culture among the women bolster the flavonoids market. In addition, surging demand for frozen and processed food has strained the manufacturers for the use of preservatives which in turn has assisted the flavonoids market growth. Some studies over the flavonoids conclude that excess consuming of flavonoids may turn the flavonoids into mutagens. This factor can limit the growth of flavonoids market. Nevertheless, use of natural and functional food products for lowering cholesterol along with unexploited market in the emerging countries is likely to positively impact on flavonoids market in the coming years.
On the basis of types, the flavonoids market can be segmented as anthocyanins, flavones, anthoxanthins, flavanones, isoflavonens and chalcones. Anthocyanins emerged as the potent segment among all owing to escalated utilization of anthocyanins as the coloring agent in food and beverage industry in 2019. Numerous applications for flavonoids are pharmaceutical, food and beverages, nutraceuticals and animal feed. Nutraceuticals were the leading segment in 2019 with a significant market share of the flavonoids market. Growing requirement for anti-stress, anti-inflammatory, and low cholesterol supplements has led to the increase in demand for anti-oxidants supplements which in turn are expected to drive the demand for flavonoids. . Food and beverage industry are expected to gain traction in the coming years due to high use of flavonoids as coloring agents and preservatives.
The senile population in North America consumes flavonoids on a large scale as flavanoids contain important antioxidants, and promote several health benefits owing to is anti-viral, anti-cancer, anti-inflammatory anti-allergic properties. Thus, North America held the largest market for the flavonoids in 2019. Consumption of flavonoids as nutritional supplements in U.S and Canada has spurred the growth of the market in North America. Furthermore, growing aging population, especially in U.S, is expected to boost the demand of flavonoids market. Europe is anticipated to witness significant growth over the coming years owing to the rising concern against unhealthy lifestyle in this region. Asia-Pacific is considered as the fastest growing regional market. This growth is supported by India, China, and Japan owing to rising disposable income, surging attraction towards food supplements. Latin America, Middle East, and Africa are projected to experience high growth in forecast period due to improved lifestyle and promising awareness about antioxidants in food.
Some of the global major players in the flavonoids market are Kemin Industries, Foodchem International Corporation, EXTRA SYNTHE SE, Meherrin Agricultural & Chemical Company, Cayman Chemical Company, Quercegen Pharmaceuticals, International Flavors and Fragrances, Aquapharm Bio-Discovery Limited and Indofine Chemical Company Inc among others.
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