logo

Flavonoid Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

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.

Home Industry Reports Food & Beverage Flavonoid Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Market Snapshot

flavonoid market
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: South America
Largest Market: North America
CAGR% (2019 - 2024): 3.9%

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

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).

  • Changing consumer lifestyles and rising demand for beauty & health supplements are expected to propel flavonoids consumption over the forecast period. The growing demand of convenience food products has increased the use of flavonoids in functional food. There is growing demand for natural and organic beauty products.
  • The market is driven by the growing consumer demand for nutraceuticals, which holds potential for plant flavonoids. The launch of different products in the cosmetics industry is expected to have a positive impact on the flavonoid market demand as well.

 

Scope of the Report

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.

By Type
Anthocyanin
Flavones
Flavan-3-ols
Flavonol
Anthoxanthin
Isoflavones
By Application
Nutraceutical
Pharmaceutical
Cosmetics
Animal Feed
Geography
North America
United States
Canada
Mexico
Rest of Noth America
Europe
Germany
United Kingdom
France
Russia
Spain
Rest of Europe
Asia-Pacific
India
China
Australia
Japan
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Africa
South Africa
Rest of Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Anthocyanins accounted for the Major Share in the Flavonoid Market.

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.

flavonoid market

North America was the largest market in terms of value

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.

flavonoid market

Competitive Landscape

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.

flavonoid market

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Anthocyanin

      2. 5.1.2 Flavones

      3. 5.1.3 Flavan-3-ols

      4. 5.1.4 Flavonol

      5. 5.1.5 Anthoxanthin

      6. 5.1.6 Isoflavones

    2. 5.2 By Application

      1. 5.2.1 Nutraceutical

      2. 5.2.2 Pharmaceutical

      3. 5.2.3 Cosmetics

      4. 5.2.4 Animal Feed

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of Noth America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Australia

        4. 5.3.3.4 Japan

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Rest of Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Share Analysis

    2. 6.2 Most Active Companies

    3. 6.3 Most Adopted Strategies

    4. 6.4 Company Profiles

      1. 6.4.1 Cayman Chemical Company

      2. 6.4.2 Foodchem International Corporation

      3. 6.4.3 Merck KGaA

      4. 6.4.4 Indena S.p.A

      5. 6.4.5 Quercegen Pharmaceuticals

      6. 6.4.6 INDOFINE Chemical Company, Inc.

      7. 6.4.7 Extrasynthese

      8. 6.4.8 Toroma organics Ltd

      9. 6.4.9 Pharmachem Laboratories Inc.

      10. 6.4.10 Organic Herb Inc.

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Flavonoid Market market is studied from 2016 - 2026.

The Flavonoid Market is valued at 3.9% in 2016.

South America is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Cayman Chemical Company, Merck KGaA, Indena S.p.A, Extrasynthese, Foodchem International Corporation are the major companies operating in Flavonoid Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!