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

Global Inositol Market is segmented by Source (Plant Based Inositol and Synthetic Inositol), By Application (Dietary Supplement, Beverage, Feed Industry, Pharmaceutical Industry, Others); and by Geography.

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

Market Snapshot

Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 8.23 %

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Market Overview

The global inositol market is projected to grow at a CAGR of 8.23% during the forecast period (2020-2025).

  • Inositol is a naturally occurring nutrient that is usually classified as a carbocyclic polyol. The most common form is sometimes referred to as myo-inositol. In the human body, it plays a major role in preventing the collection of fats in the liver, as well as promoting healthy hair growth. 
  • The growing number of people affected by diseases like PCOS, diabetes. and others, due to the adoption of poor lifestyle and increased consumption of junk food, is leading to a rise in the demand for drugs and supplements containing inositol, owing to its many curing properties as it is a member of the vitamin B complex. 

 

Scope of the Report

The global inositol market is segmented by source and application. Based on the source, the market is segmented into plant-based inositol and synthetic inositol. Based on the application, the market is segmented into a dietary supplement, beverage, feed industry, pharmaceutical industry, others. Based on geography, the study provides an analysis of the inositol market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

By Source
Plant Based Inositol
Synthetic Inositol
By Application
Dietary Supplement
Beverage
Feed Industry
Pharmaceutical Industry
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
South Africa
Saudi Arabia
Rest of Middle East & Africa

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Key Market Trends

Increasing Demand from Inositol in Pharmaceutical Industry

Increasing demand for products with inositol content among women suffering from polycystic ovarian syndrome is a major factor expected to drive the growth of the global inositol market. Moreover, increasing demand from the pharmaceutical sector for medicine preparation that aids in the treatment of neonatal respiratory distress syndrome in infants is another factor expected to witness a significant growth of the market during the forecast period. Furthermore, manufacturer's and researchers' approach towards increasing the use of inositol in cancer medicine preparation is another factor expected to further support the growth of the market during the forecast period.

phytonutrients market1

North America Dominates the Global Market

North America is expected to continue registering significant demand for inositol during the forecast period. High prevalence of polycystic ovary syndrome, digestive disorders, and lifestyle-related diseases on account of the poor eating habits and high consumption of processed food, is expected to drive the demand for inositol supplements. The market in the Asia Pacific is expected to witness significant growth, owing to the growing pharmaceutical sector and increasing government spending on the healthcare sector. Also, the presence of regional players operating in the countries offering innovative products is expected to further boost the growth of the market in this region. Europe is expected to contribute significant revenue share in the global market.

inositol market2

Competitive Landscape

Major players are in the inositol market like Taiho Pharmaceutical Co. Ltd launched Tiovita Drink Aibitasu Zero (third-class OTC drug), caffeine-free, sugar-free product containing 50g of inositol, under its Tiovita range, in Japan.Some of the major key players in inositol market, globally includes Dsm NV, Charles Bowman & Company, T.J. Clark & Company, Shandong Runde Biotechnology Co, among others.

PHYTONUTRIENT

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

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force 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 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Source

      1. 5.1.1 Plant Based Inositol

      2. 5.1.2 Synthetic Inositol

    2. 5.2 By Application

      1. 5.2.1 Dietary Supplement

      2. 5.2.2 Beverage

      3. 5.2.3 Feed Industry

      4. 5.2.4 Pharmaceutical Industry

      5. 5.2.5 Others

    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 North America

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 Germany

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Spain

        7. 5.3.2.7 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 Japan

        4. 5.3.3.4 Australia

        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 Middle East & Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Koninklijke DSM N.V

      2. 6.4.2 Holland & Barrett Retail Limited

      3. 6.4.3 Changzhou Zhonglian Inositol Co.

      4. 6.4.4 Zhucheng Haotian Pharm Co., Ltd

      5. 6.4.5 Shandong Runde Biotechnology Co

      6. 6.4.6 Mr. Bill's Pipe & Tobacco Company

      7. 6.4.7 Charles Bowman & Company

      8. 6.4.8 T.J. Clark & Company

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Inositol Market market is studied from 2016 - 2026.

The Inositol Market is growing at a CAGR of 8.23% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Dsm NV, Shandong Runde Biotechnology Co, Mr. Bill’s Pipe & Tobacco Company, Charles Bowman & Company, T.J. Clark & Company are the major companies operating in Inositol Market.

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