The global flavonoids market size was estimated to be US$ 810 million in 2020 and is expected to reach US$ 1.45 billion by 2031 at a CAGR of 5.5%. Flavanols are a group of mixtures found in cocoa, tea, apples, and numerous other plant-based food and drinks. The significant sorts of flavonoids are – flavanone, anthocyanin, and flavonol, among others. Flavonoid is a characteristic polyphenolic compound with variable phenolic structures. It is a naturally dynamic compound that adds shade to leafy foods, like grapes, citrus organic products, peppers, onions, kale and dill.
Flavonoids can likewise be utilized in vegetables. The creating interest for dietary flavonoids on account of the clinical benefits got from the use of vegetables and organic products have incited the creation of food items wealthy in flavonoids. Because of different potential cancer prevention agent properties, flavonoids are broadly utilized in food creation to assist with delaying the time span of usability of food sources.
Creams and make up items containing these mixtures smoothens the skin and saturate it, foreclose development of wrinkles, help in collagen combination, have hostile to edema properties, and secure against UV beams. They are additionally added to medications drugs because of their antibacterial, antifungal, antiviral and anticancer properties. Additionally, the expanding reception of flavonoids for ruminant sustenance is giving propulsion to the market improvement. They are utilized as feed added substances to change microbial movement, keep up with pH adjust and alter protein degeneration.
Anthocyanins, anthoxanthins and flavones are the absolute most normal kinds of flavonoids. The booming utilization of anthocyanin, as a pigmentation specialist in the food and drink industry, is the significant driving element for the marketplace. Flavonoids are utilized in various applications like functional food and refreshments, nutraceuticals, beauty care products and drugs. In the drug business, flavonoids are utilized for different wellbeing upgrading purposes, for example, forestalling cardiovascular sicknesses, restoring stomach ulcers, and forestalling malignant growths, namely, tumor and cancers. Their mitigating properties help in the counteraction of sensitivities, which causes aggravation. Flavonoids are exceptionally powerful in the anticipation of irresistible sicknesses.
The Asia Pacific has been projected to enlist a twofold digit CAGR, with China going probably as a significant driver for such colossal development. The explicit rise in maturing people and surfacing care among clients for a sound lifestyle are factors supporting the advancement of the flavonoid market, along with rising dispensable wages of customers especially in China and Japan are depended upon to build improvement around there.
The greater part of the market decisive players in flavonoid industry are zeroing in on Research and development along with new item advancement, hence, an increment in the item utilization is normal during the 2022-2032 figure time frame. North America was the biggest market as far as worth is considered, followed by Europe. In addition, Europe, Germany and France are relied upon to represent the biggest piece of the pie, followed by the UK. Further, South America and Africa will encounter a worthwhile market development, which is ascribed to the developing consciousness of cancer prevention agent utilization and occurrences of different issues.
Global Flavonoids Market Value Share Analysis, by Geography (2021)
The report titled “Global Flavonoids Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032”, wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global Flavonoids Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global Flavonoids market is segmented as Application, Product, and region. Based on Application, the Flavonoids market is segmented into functional beverages, functional Food, dietary supplements, and others. Based on Product, the Flavonoids market is segmented into Anthocyanins, Flavones, Anthoxanthins, others.
Based on geography, the Global Flavonoids Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Italy, France, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, UAE, South Africa and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Global Flavonoids Market. Further, market share of prominent companies in the Global Flavonoids Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the Flavonoids companies. The Global Flavonoids Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the Flavonoids business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the Global Flavonoids Market.
The key players of the Global Flavonoids Market are:
EXTRA SYNTHE SE, Indofine Chemical Company.Inc, Kemin Industries, Foodchem International Corporation, Quercegen Pharmaceuticals, Cayman Chemical Company, Meherrin Agricultural & Chemical Company, Aquapharm Bio-Discovery Limited, and others.
Global Flavonoids Market Key Segments:
Based on Application
Based on Product
Rest of North America
Rest of Europe
Rest of Asia Pacific
Middle East & Africa
Rest of Middle East & Asia
Rest of South America
InsightSLICE adopts a research methodology which is highly meticulous and comprehensive, yielding accurate research results. Our research methodology utilizes data triangulation model which helps in the precise collection and validation of information. Our set processes for problem solving and paid primary tools guarantee that any client requirement is met with utmost diligence and accuracy. Some of the primary components that are consequential to our research approach are:
Secondary Research or Desk Research
Distinctive Data Model
Secondary Sources include but are not limited to:
Past Published Research
Historical Data and Information
Primary Sources include but are not limited to:
InsightSLICE also leverages three types of data triangulation approaches as follows:
Data Source Triangulation
Extracting data and validation from multiple type of secondary and primary sources
Combining various methodologies to validate data inputs
Applying different theories to check credibility of data sets