Flavonoids market will project a CAGR of 3.83% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, surging demand for cosmetics and nutraceutical products from the various geographical regions, rising consumer consciousness towards high quality nutritional food products, growing availability of functional food products and increasing personal disposable income by the major companies are the major factors attributable to the growth of flavonoids market.
Crafted by a team of seasoned researchers, forecasters, analysts, and managers, the exceptional Flavonoids Market research report embodies expertise and innovation. Seamlessly merging proficient capabilities and top-notch resources in research, data collection, development, consulting, evaluation, compliance, and regulatory services, this report stands as a pinnacle in world-class market research. In today's fiercely competitive landscape, staying well-informed about market dynamics is paramount, and this exceptional report is the key to achieving that insight. It meticulously segments markets based on coverage, geographic scope, study duration, currency considerations, and pricing.
Within its comprehensive market overview, this Flavonoids Market report dissects market drivers, restraints, opportunities, and challenges, offering invaluable insights that empower businesses to make informed decisions. Tailored to cater to customer requirements, this report becomes an invaluable tool in enhancing return on investment (ROI) for businesses. The estimations of Compound Annual Growth Rate (CAGR) values play a pivotal role, aiding businesses in strategic investment planning over the specified period. This Flavonoids Market research report doesn't just scratch the surface; it conducts a systematic and comprehensive study, presenting factual and statistical insights pertinent to various facets within the marketing domain.
Overview of Flavonoids Market:
Flavonoids are diverse groups of phytonutrients that are found in almost each and every fruit and vegetable. Flavonoids are the metabolites that are used as food additives/ingredients owing to their antioxidant properties. The structure of flavonoids consists of 15-carbon atoms and is easly soluble in water. Quercetin, kaempferol, catechins, and anthocyanidins are the most commonly known flavonoids. Flavonoids are known for a great number of beneficial properties and thus, are used for a wide range of applications.
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Dynamics Growth Drivers and Scope of Flavonoids Market
Growth Drivers:
Rising levels of demand for sweetening and colouring agents and surge in the awareness about the benefits of beauty and health supplements are the major factors fostering the growth of the flavonoids market. Changing lifestyle, growth and expansion of pharmaceuticals industry especially in the developing economies and rising consumer preference for food products having enhanced shelf life are other important factors acting as flavonoids market growth determinants. Rising expenditure to undertake research and development proficiencies, increasing availability of convenience food products, growing prevalence of cancer globally, growing health care awareness, increasing working and aging population and stringent regulations imposed on the application of pesticides will further induce growth in the flavonoids market value.
Scope:
The flavonoids market is segmented on the basis of product, type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Regional Analysis/Insights of Flavonoids Market:
North America region dominates the flavonoids market and will continue to during the forecast period owing to the increased rate of application by food and beverages industry. Asia-Pacific is set to undergo substantial gains and will score the highest CAGR for this period owing to the growth and expansion of food and beverages industry and growth in the demand for sweeteners and coloring agents.
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The major companies which are dealing in the Flavonoids Market:
The major players covered in the flavonoids market report are Thermo Fisher Scientific Inc., Merck KGaA, Aktin Chemicals,Inc., FUJIFILM Wako Pure Chemical Corporation, Cambridge Isotope Laboratories, Inc., Shaanxi NHK Technology Co.,Ltd., TCI Chemicals (India) Pvt. Ltd., Spectrum Chemical Manufacturing Corp., ITW Reagents Division, Qingdao Hosun Biological Technology Co.,Ltd, INDOFINE Chemical Company, Inc., Enzo Life Sciences, Inc., BioVision Inc., Cayman Chemical, MedChemExpress., ChromaDex, Inc, Xi'an risun bio-tech, LGC Limited and PromoCell GmbH among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Key Market Perspectives:
Thorough examination of prevailing market tendencies
Updates on the latest product advancements and innovations
Flavonoids Market's Compound Annual Growth Rate (CAGR) for both historic and forecasted years
Strategies and activities of prominent players and brands in the field
Insights into the industry landscape for emerging participants
Segmentation of Flavonoids Market:
By Product (Hesperidin, Daidzein, Catechin, Genistein and Others), Type (Flavanones, Flavones, Isoflavonens, Chalcones, Anthoxanthins, Anthocyanins, Flavanols, Flavan-3-ols and Others), Application (Food and Beverages, Pharmaceutical, Animal Feed, Nutraceuticals, Cosmetics and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa)
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