Global Flavonoids Market is segmented By Product Type (Anthocyanidins, Flavan-3-ols, Flavones, Flavanols, Flavanones, Isoflavones, Others), By Application (Nutraceuticals, Functional foods, Functional beverages, Pharmaceuticals, Animal feed, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa – Share, Size, Outlook, and Opportunity Analysis, 2023 - 2030
Flavonoids Market Overview
[180 Pages] Report on Global Flavonoids by DataM Intelligence estimates the market to grow at a CAGR of 4.5% during the forecast period 2023-2030. Flavonoids usage in dietary supplements, food, pharmaceutical, and cosmetic is on the rise. Demand from food & beverage in North America is booming. Competitive rivalry intensifies with Kemin Industries, Toroma organics Ltd, Organic Herb Inc and others operating in the market.
Flavonoids are metabolites that are used as food additives/ingredients in various applications due to their ability to provide antioxidant and cell gesturing pathways. These metabolites are commonly present in a wide variety of fruits and vegetables. These ingredients are soluble in water and their structure consists of 15-carbon atoms. Flavonoids possess some health benefits, coloring, and UV protective properties which makes them ideal for the use for dietary supplements, food, pharmaceutical, and cosmetic purposes.
Flavonoids Market Scope
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Metrics |
Details |
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Market CAGR |
4.5% |
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Segments Covered |
By Product Type, By Application and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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Flavonoids Market Dynamics and Trends
The growth in changing consumer lifestyles and rising demand for beauty & health supplements are expected to drive flavonoids consumption over the forecast period. Furthermore, the growing demand for the ease of food products has increased the use of flavonoids in functional food. Thus, there is a growing demand for natural and organic beauty and health products.
However, the diets, as well as flavonoid-rich foods, can prevent health problems such as neurodegenerative and blood diseases, which are expected to increase the global demand for flavonoids during the forecast period. The availability of different products in the cosmetics industry is expected to have a positive impact on the market, is driven through growing consumer demand for the impact on the flavonoid market as well.
The growing demand for convenience food products has increased the use of flavonoids in functional food
Considering the current market, the rising demand for convenience food products has increased the utilization of flavonoids in functional food. It has ingredients that offer health benefits that extend beyond its nutritional value. Some types contain supplements or other additional ingredients designed to improve health. Such foods are fortified with vitamins, minerals, probiotics, or fibre. Nutrient-rich ingredients like fruits, vegetables, nuts, seeds, and grains are often considered functional foods as well. Food & beverage market growth is due to nutritional diet awareness, enhanced quality & taste food, and rising purchase parity among the population during the forecast period.
Changing consumer lifestyles and rising demand
Changing lifestyles of consumers and growing demand for beauty & health supplements are expected to drive the growth of flavonoids consumption. Moreover, smoothing and antioxidant properties allow it to be used in the cosmetics industry for skincare applications. Flavonoids prevent cancer cell growth, cure stomach ulcers and have anti-microbial properties, thus, preventing infections. Further, the application of flavonoids in the anti-cancer drug is expected to be one of the major factors driving the market. Moreover, levelling and antioxidant properties allow it to be used in the cosmetics industry for skincare applications. These are also being used to develop drugs for the treatment of various other diseases including diabetes and cardiovascular problems, prevailing worldwide, further increasing demand.
COVID-19 Impact Analysis on Flavonoids Market
COVID-19 pandemic affected the global economy in many terms, such as directly affecting production and demand, supply chain disruption, and financial impact. The lockdown policies have strengthened the demand for food & beverage products across the globe. Therefore, the manufacturers are focusing on investing to increase the production capabilities to meet the global market's updated demand.
Despite the pandemic, there is growth in the overall food & beverage products and nutrition products, which is expected to drive the flavonoids market size in the global market during the forecast period.
Flavonoids Market Segmentation Analysis
Based on the type, the flavonoids market has been classified into anthocyanin, flavones, flavan-3-ols, flavonol, anthoxanthin and isoflavones.
Anthocyanins Accounted For The Major Share in the Flavonoid Market.
In 2019, anthocyanins, anthoxanthins and flavones were some of the most common types of flavonoids consumed. Anthocyanins reported the highest market share in the flavonoid market in 2019. Increasing use of anthocyanin, as a coloring mediator in the food & beverage industry, is the major driving factor. Flavonoids are used in numerous applications such as functional food and beverages, nutraceuticals, cosmetics and pharmaceuticals. Also, functional food held the largest market share, in terms of value. In animal systems, plant-produced flavonoids are important dietary components and are known to have a wide-ranging range of properties including antibacterial, antifungal, antiviral, and anticancer properties.
Based on the application, the flavonoids market has been classified into functional foods, functional beverages, pharmaceuticals, animal feed, nutraceuticals and others.
Flavonoids as Nutraceuticals Dominated The Market
Phenolic compounds from one of the main classes of secondary metabolites. They display a large range of structures and are responsible for the major organoleptic characteristics of plant-derived foods and beverages, particularly colour and taste properties. They also contribute to the nutritional qualities of fruits and vegetables. Among these compounds, flavonoids constitute one of the most universal groups of plant phenolics. Owing to their importance in food organoleptic properties and human health, a better understanding of their structures and biological activities indicates their potential as healing agents and also for predicting and controlling food quality. Due to the variety of pharmacological activities in the mammalian body, flavonoids are more correctly referred to as “nutraceuticals”, and account for the largest market share.
Global Flavonoids Market Geographical Share
Based on geography, the study analyzes the flavonoids market in the global market, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
North America was the largest market in terms of value
North America was the largest market in terms of value followed by Europe. Several preventable, diet-related long-lasting disorders including heart diseases, heavy, type 2 diabetes and overweightness are highly dominant in this region. Further, these health issues have increased the demand for flavonoids. The rapidly rising food & beverage market, in NorthAmerica, contributes to the growth of flavonoids in the region.
Flavonoids Market Companies and Competitive Landscape
The flavonoids market is highly competitive, owing to the focus on new product development and also focusing on R&D. Thus, an increase in product consumption is expected during the forecast period. The key flavonoids players which are contributing to the growth of the global market include Cayman Chemical, Foodchem International Corporation, Merck KGaA, Indena S.p.A., Quercegen Pharmaceuticals, INDOFINE Chemical, Inc., Extrasynthese, Toroma organics Ltd, Pharmachem Laboratories Inc., Organic Herb Inc. The market payers from the flavonoid’s market are anticipated to witness lucrative growth opportunities in the future with the rising demand for flavonoids in the global market.
Cayman Chemical
Overview: Cayman Chemical is engaged in the production of antibodies, biochemicals, caymen gear, equipment and products. The company provides chemicals that are used primarily by universities and pharmaceutical companies for research and the development of medicines, also it designs and discovers the drug. It has operations in Africa, Asia Pacific, Central and Eastern Europe, Latin America, the Middle East, North America, and Western Europe. Cayman chemical is headquartered in Ann Arbor, Michigan and the United States.
Product Portfolio: The Company's portfolio comprises flavonoid products, flavor products, mixes and blends, nutrition and health products, ingredients for animal feed, and other services.
Why Purchase the Report?
- Visualize the flavonoids market segmentation composition by type, application, and region, highlighting the critical commercial assets and players.
- Identify commercial opportunities in the flavonoids market by analyzing trends and co-development deals.
- Excel data sheet with thousands of data points of flavonoids market - level 2 segmentation.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in excel for the key product of all major market players
The global flavonoids market report would provide access to an approx. 45 market data table, 51 figures and 180 pages.
Target Audience
- Service Providers/ Buyers
- Industry Investors/Investment Bankers
- Education & Research Institutes
- Research Professionals
- Emerging Companies
- Manufacturers
