The latest report by IMARC Group, titled “Flavonoids Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the flavonoids market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global flavonoids market size reached US$ 1.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5% during 2024-2032.
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Flavonoids Market Trends:
The global flavonoids market is experiencing robust growth driven by increasing consumer awareness regarding the health benefits of flavonoids, such as their antioxidant, anti-inflammatory, and cardiovascular health properties. Along with this, the rising demand for functional foods and dietary supplements, that incorporate flavonoids to enhance nutritional value and health benefits, is significantly boosting market growth.
Additionally, the expanding application of flavonoids in the pharmaceutical industry for the development of therapeutic drugs targeting chronic diseases is further propelling market expansion. Apart from this, the growing trend towards natural and plant-based ingredients in the food and beverage industry is also contributing to the rising adoption of flavonoids. Moreover, technological advancements in extraction and formulation processes have improved the efficiency and purity of flavonoid products, thereby enhancing their market appeal.
Flavonoids Market Scope and Growth Analysis:
The scope of the market encompasses a wide range of applications, including functional foods, dietary supplements, pharmaceuticals, and cosmetics. The market is characterized by continuous innovation, with companies investing in research and development to explore new sources and applications of flavonoids. The growth of the market is further driven by the increasing use of flavonoids in the personal care industry, where they are valued for their antioxidant and anti-aging properties.
The market is also witnessing a surge in demand for flavonoid-enriched products in the sports nutrition sector, catering to the growing health-conscious consumer base. Concurrently, the rising focus on preventive healthcare and the growing popularity of natural health products are enhancing the market’s growth prospects. Furthermore, manufacturers are continually adapting to meet changing consumer preferences and industry trends, positioning flavonoids as key ingredients in health and wellness products.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Alchem International Pvt. Ltd.
- Bordas S.A.
- Cayman Chemical Company
- Extrasynthese
- Flavon Usa LLC
- Indena S.p.A.
- INDOFINE Chemical Company Inc.
- Nutralliance
- Merck KGaA
- Quercis Pharma AG.
Flavonoids Market Segmentation:
Our report has categorized the market based on type, form and application.
Breakup by Type:
- Anthocyanin
- Flavones
- Flavan-3-ols
- Flavonol
- Anthoxanthin
- Isoflavones
- Others
Breakup by Form:
- Powder
- Liquid
Breakup by Application:
- Food and Beverages
- Pharmaceutical
- Cosmetics
- Animal Feed
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, Others)
- Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
- Middle East and Africa (Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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