5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
Global Flavonoid Market is segmented by Type as Anthocyanin, Flavones, Isoflavones, Flavan-3-ols, Flavonol, Anthoxanthin ; By Application as Nutraceutical, Pharmaceutical, Cosmetics , Animal Feed and Geography.
Fastest Growing Market:
CAGR% (2019 - 2024):
The Flavonoid market is forecasted to reach USD 1.2 billion by 2024 growing at a CAGR of 3.9% during the forecast period (2019 - 2024).
Flavanols are a group of compounds found in cocoa, tea, apples, and many other plant-based food and beverages. The major types of flavonoids are – flavanone, anthocyanin, and flavonol, among others. The anthocyanin segment holds a major share in the market & the application segment includes nutraceuticals, pharmaceuticals, cosmetics, and animal feed. Flavonoids are commonly used in cosmetics due to their positive effect on maintaining skin healthy and young. Creams and cosmetic products containing these compounds smoothen the skin and moisturize it, prevent formation of wrinkles, help in collagen synthesis, have anti-edema properties, and protect against UV rays.
Report scope can be customized per your requirements. Click here.
Anthocyanins, anthoxanthins and flavones are some of the most common types of flavonoids. Anthocyanins accounted for the major share in the flavonoid market, globally. The increasing use of anthocyanin, as a coloring agent in the food & beverage industry, is the major driving factor. Flavonoids are used in numerous applications such as functional food and beverages, nutraceuticals, cosmetics and pharmaceuticals. The functional food held the largest market share, in terms of value. In animal systems, plant-produced flavonoids are important dietary components, and are known to possess a broad range of properties including antibacterial, antifungal, antiviral, and anticancer properties.
To understand key trends, Download Sample Report
North America was the largest market in terms of value followed by Europe. Several preventable, diet-related chronic ailments including cardiovascular diseases, overweight, type 2 diabetes and obesity are highly prevalent in this region. Further, these health issues have increased the demand for flavonoids. The developed countries characterized by the high cancer prevalence include Australia, Belgium, Denmark, France, Norway and the United States. Moreover, Europe, Germany and France are expected to account for the largest market share followed by the United Kingdom. Further, South America and Africa will experience a lucrative market growth, which is attributed to the growing awareness of antioxidant usage and incidences of various disorders. The rapidly escalating food & beverage market, in Brazil, contributes to the growth of flavonoids in the South American market.
To understand geography trends, Download Sample Report.
Most of the market players in flavonoid industry are focusing on R&D and new product development, thus, an increase in the product consumption is expected during the forecast period. The major companies in the market are Foodchem International Corporation, Cayman Chemical Company, Quercegen Pharmaceuticals Inc., Toroma organics Ltd., Pharmachem Laboratories Inc., Phytocompounds, INDOFINE Chemical Company, Extrasynthese, Organic Herb Inc., Indena S.p.A.Further, the Cayman Chemical Company, in order to strengthen its European market position, acquired Biomol GmbH, a Germany-based distributor of research reagent chemicals.
Further, the Key Development is Cayman Chemical Company, in order to strengthen its European market position, acquired Biomol GmbH, a Germany-based distributor of research reagent chemicals.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
3.1 Market Overview
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 By Type
5.2 By Application
5.2.4 Animal Feed
5.3.1 North America
188.8.131.52 United States
184.108.40.206 Rest of Noth America
220.127.116.11 United Kingdom
18.104.22.168 Rest of Europe
22.214.171.124 Rest of Asia-Pacific
5.3.4 South America
126.96.36.199 Rest of South America
188.8.131.52 South Africa
184.108.40.206 Rest of Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Most Active Companies
6.3 Most Adopted Strategies
6.4 Company Profiles
6.4.1 Cayman Chemical Company
6.4.2 Foodchem International Corporation
6.4.3 Merck KGaA
6.4.4 Indena S.p.A
6.4.5 Quercegen Pharmaceuticals
6.4.6 INDOFINE Chemical Company, Inc.
6.4.8 Toroma organics Ltd
6.4.9 Pharmachem Laboratories Inc.
6.4.10 Organic Herb Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS