Authored By: Sarah
10 Sep 2024

Latest News: Flavonoids Market Size to grow by USD 466.4 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Flavonoids Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges. In the global flavonoids market, there is a significant focus on new product launches by vendors, demonstrating the industry's competitive and evolving nature. Companies are actively innovating and introducing flavonoid-rich products to meet the increasing consumer demand for health-enhancing and functional foods. This trend is fueled by several factors, including the growing awareness of flavonoids' health benefits, expanding applications across various sectors, and the necessity for differentiation in a saturated market. For example, on September 20, 2022, Guilin Layn Natural Ingredients Corp., a leading global manufacturer of natural botanical extracts, unveiled bio+Quercitrin, an enhanced form of Quercetin, specifically designed for nutraceutical applications.

Key Highlights

Growth Projections

The global flavonoids market  size is estimated to grow by USD 466.4 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.26% during the forecast period. Rising awareness of health benefits associated with flavonoids is driving market growth, with a trend towards increasing focus of vendors on new product development  However, stringent regulations and quality standards for dietary supplements and functional foods  poses a challenge.Key market players include Alchem International Pvt. Ltd., BASF SE, Bioriginal Food and Science Corp., Biosynth Ltd., Bordas SA, Cayman Chemical Co, Conagen Inc., Extrasynthese, Foodchem International Corp, FUJIFILM Wako Pure Chemical Corp., FutureCeuticals Inc, Givaudan SA, Guilin Layn Natural Ingredients Corp., Indena S.p.A., Indofine Chemical Co. Inc. , Kemin Industries Inc., Koninklijke DSM NV, Lianyuan Kangbiotech Co. Ltd, Santa Cruz Biotechnology Inc., Sigma Aldrich Chemicals Pvt Ltd, and Taiyo Kagaku Co. Ltd..

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Major Findings

  • Flavonoids, a class of naturally occurring phytochemicals, have garnered significant attention due to their potential health benefits. These compounds, abundant in fruits, vegetables, and tea, have been linked to various health advantages, including antioxidant, anti-inflammatory, and cardiovascular protective properties. The increasing awareness and understanding of these benefits have fueled the growth of the global flavonoids market, with a steady rise in demand for flavonoid-rich foods and dietary supplements.

  • The global population is experiencing a significant aging trend, leading to a surge in demand for health-promoting compounds. Among these, flavonoids have gained considerable attention due to their antioxidant and anti-inflammatory properties. These phytochemicals are essential for maintaining cardiovascular health, cognitive function, and overall well-being in the elderly population. Consequently, the market for flavonoids is projected to grow substantially, driven by increasing consumer awareness and demand for preventative health solutions.

  • In the realm of health and nutrition, the market for flavonoids, a class of polyphenolic compounds, is experiencing significant growth. Strict regulations and quality standards governing the production and labeling of dietary supplements and functional foods ensure the authenticity and efficacy of flavonoid-based products. These stringent measures provide consumers with confidence in the safety and benefits of these natural compounds. Flavonoids are known for their antioxidant properties, contributing to overall health and wellness. The demand for these nutraceuticals continues to rise as consumers seek natural alternatives to synthetic supplements. The market is expected to expand further as research uncovers new applications and health benefits of these versatile compounds.

  • Flavonoids, a class of natural phenolic compounds, are in high demand due to their numerous health benefits. However, the production costs associated with these compounds remain elevated, primarily due to the intricate extraction processes and the need for specific growing conditions for flavonoid-rich plants. This challenge may impact the affordability and accessibility of flavonoid-based products in the market.

Market Research Overview

The global specialty chemicals market encompasses businesses specializing in high-value-add chemicals used in the production of a diverse range of products, including fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio's market analysis, the market size is determined by the consolidated revenue generated by manufacturers of these high-value-added chemicals. Key growth drivers for the specialty chemicals market include the increasing demand for specialty adhesives and sealants, which are expected to significantly contribute to market expansion throughout the forecast period.

The Flavonoids Market is experiencing significant growth, fueled by the Rising awareness of health benefits associated with flavonoids. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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Regional Insights

The Flavonoids market represents a significant business opportunity due to the growing consumer awareness and demand for natural health products. These natural pigments offer numerous health benefits, including antioxidant, anti-inflammatory, and anti-cancer properties. Major industries such as food and beverage, pharmaceuticals, and cosmetics are integrating flavonoids into their product lines to cater to this trend. Market growth is expected to continue, driven by increasing research and development efforts and expanding applications.

Research Analysis Overview

Flavonoids, a class of polyphenolic chemicals, are health-promoting substances found abundantly in flowers, fruits, and vegetables. These natural pigments, which include flavones, isoflavones, and anthocyanins, have been linked to various health benefits, including cancer prevention and anti-inflammatory capabilities. With increasing nutritional demands and awareness of personalized nutrition, the market for flavonoids and flavonoid-rich foods and nutraceuticals is experiencing significant growth. Regulatory constraints and sustainable sourcing are key considerations in the flavonoids market. Extraction technologies are being developed to maximize bioavailability and minimize environmental impact. The market includes a range of products, from dietary supplements and nutritional supplements to functional foods and nutraceuticals. Plant-based diets are a significant source of flavonoids, with berries being particularly rich in these health-promoting substances. Plant polyphenols, including flavonoids, play crucial roles in plant physiology and response to environmental stress. As research continues to uncover the health benefits of flavonoids, the market for these natural ingredients is expected to continue growing. The flavonoids market encompasses a diverse range of applications, from health foods and nutraceuticals to cosmetics and pharmaceuticals. Personalized nutrition and functional foods are driving innovation in the market, as consumers seek to optimize their health through natural, sustainable sources. The future of the flavonoids market looks bright, as research continues to uncover new health benefits and sustainable sourcing and extraction technologies advance.

About Technavio                                                                        

Technavio is a global market research company offering comprehensive reports and insights on various industries. Our research helps businesses make informed decisions by providing actionable data and trends. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Technavio is one of the most influential market research and advisory firms in the world. We work with business and technology leaders to provide cutting-edge market research and insights to companies. 

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Email: media@technavio.com
Website: www.technavio.com/

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