Flavonoid Market is expected to grow at a 6.3% CAGR and reach USD 2.7196 billion by 2030.
Flavonoid
Market Overview
The extraction of the plants was known as flavonoids. It was extracted from many fruits and vegetables. These flavonoids are water soluble and have carotenoids due to which flowers and fruits have vivid colors. The flavonoids also contain antioxidants and anti-inflammatory substances in high range. There are many benefits of flavonoids in the immune system. These flavonoids are also used in many food items which has health benefits also. Flavonoids reduce the health issues and help in living a healthy lifestyle. The flavonoids reduce the neuro problems and cardiovascular problems. Due to several uses, the flavonoids have more importance in the global market. There are various factors which has high demand in the flavonoid market such as strawberries, kale, onions, circuit fruits, and parsley. There are many benefits of flavones such as regulation of blood sugar level, protection of skin and enhancing the brain function.
Flavonoid Market is expected to grow at a 6.3% CAGR and
reach USD 2.7196 billion by 2030. Flavonoid market growth is expected to be
immense for the forecast period. Plant extracts are usually known as
flavonoids. It is extracted from many fruits and vegetables.
In
the Covid 19, there was less production and demand in the forecast period.
Flavonoids are the substances which gain the high traction in the various
industries. Many functional foods use these flavonoids to increase the
nutritional value of the food. The use of flavonoids leads to a good health and
healthy lifestyle. Due to the benefit of good health the market demand was
growing rapidly.
As
the functional foods have high nutritional value and by adding the flavonoids
it increases the value of the functional foods. The demand for the requirement
of functional food increases the use of the flavonoids also increasing. The
market growth opportunities get high by more use of flavonoids in the
pharmaceutical market. Anthocyanins has the highest market shares. Flavonoids
increase the overall profitability.
The
flavonoids should be used in the proper quantity otherwise it has many severe
consequences if not used properly. The flavonoid market analysis shows the
stable growth in the market. The increased demand of functional food has a high
demand in the market. There are many expansions, partnerships, mergers, and
collaborations in the flavonoids market.
Market
Segmentation
The
global flavonoids market Revenue was segmented based on product type,
application, end users and region.
Based
on product type,
the global flavonoids market was divided into anthocyanidins, isoflavones,
flavones, flavanol’s, flavanols and flavanones.
Based
on application,
the global flavonoids market was divided into functional foods, functional
beverages, pharmaceuticals, animal feed and nutraceuticals.
Based
on end users,
the global flavonoids market was divided into commercial research and
development institutions, raw material suppliers and distributors, flavonoids
producers/ processors, traders, exporters and importers, government, and
research organizations.
Regional
Classification
The
global flavonoids market was spread in the following regions – North America
includes US and Canada, Europe includes Germany, France, Italy, UK and France,
Asia Pacific includes China, India, Australia, Singapore, Middle East Africa
and Latin America.
Industry
News
The
key Flavonoids Market Players which are involved in the global
flavonoid market are as follows – Lavon International Ltd (UK), Foodchem
International Corporation (China), Toroma organics Ltd (Germany), Cayman
Chemical (US), Triveni Interchem Private Limited (India), Sigma-Aldrich (US),
Alchem International Pvt. Ltd (India), FUJIFILM Wako Pure Chemical Corporation
(Japan).
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