Technavio analyzes that the Isoflavones Market is expected to grow at a CAGR of 17.1% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 25398.3 million.There are various factors that contribute to the growth of the market. Isoflavones, a type of phytoestrogens, have gained significant attention due to their potential benefits in mitigating menopausal symptoms. Menopause, a natural phase in a woman's life, is characterized by various symptoms such as hot flashes, night sweats, and mood swings. Isoflavones, found abundantly in soy and other legumes, mimic estrogen in the body and help alleviate these symptoms, making them a popular choice for women seeking natural relief. The global market for isoflavones is projected to grow steadily due to the increasing prevalence of menopausal issues and the demand for natural remedies.
Isoflavones, a class of plant compounds, are primarily sourced from soybeans, making them a significant market commodity in the health and wellness industry. Soybean's nutritional value extends beyond its high-quality protein and beneficial fats, as it is also recognized for its isoflavone content. Notable sources of these compounds include soy milk, soy flour, whole soybeans, tofu, soy nuts, and soy nut butter. The concentration of isoflavones in soybeans can be influenced by genetic and environmental factors, such as climate, planting location, and storage conditions. Vendors, such as Archer Daniels Midland, utilize various soybean varieties and employ techniques like polymerase chain reaction (PCR)-negative and non-genetically modified (GM) methods to extract isoflavones for use in various applications, including the prevention and management of conditions like osteoporosis and prostate cancer, specifically genistein.
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Isoflavones Market Segmentation
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Isoflavones, found in plant-based nutrition like soybean byproducts and soy-based foods, offer natural hormone support for women's health. They exhibit therapeutic properties as alternative medicine for hormonal imbalances, such as estrogen dominance. Isoflavones act as phytoestrogens, binding to estrogen receptors and exhibiting antioxidant properties. They may help mitigate the risks of heart disease and endocrine disruptors. Natural ingredients like isoflavones offer a bioavailable alternative to hormone replacement therapy, with minimal allergic reactions. Soy protein, rich in phenolic compounds and isoflavones, provides numerous health benefits. Soy isoflavone research continues to uncover their potential in promoting hormonal balance and addressing food sensitivities.
The Isoflavones market encompasses vendors engaged in the production and supply of isoflavones derived from various sources such as soybeans, red clover, alfalfa, green peas, and others. The market's size is determined by the consolidated revenue of these vendors. It excludes equipment manufacturers and producers of packaged alcoholic and non-alcoholic beverages. Factors fueling market growth include the health benefits of isoflavones in addressing diseases like sexual dysfunction and cancer, and their application in industries like food and cosmetics, particularly in face creams and protein supplements. The health advantages linked to isoflavones, including their antioxidant properties, make them essential components in minimally processed foods, further driving market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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