Industry Background:
Soy Isoflavones are flavonoids derived from soybeans. The soy isoflavone is used as an ingredient responsible for health functions in the form of soft drinks and capsules. It helps to maintain bone calcium. Increase demand for organic soy isoflavones is the major factor behind the growth of this market. With the help of organic material, the demands of consumers who are putting increasing value on trust and transparency when making their purchasing decisions. It is also considered as a dietary supplement. As Japan has a high demand for dietary intake due to increasing numbers of thyroid functions in adults, it creates an opportunity in this market.
According to AMA Research, the market for Soy Isoflavones is expected to register a CAGR of 15.0% during the forecast period to 2027. This growth is primarily driven by Increase Demand of Natural Based Product
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies in Study | Archer Daniels Midland (United States), Solbar Industries (Israel), Alpro (Belgium), Frutarom (Israel), Shengyuan (China), FutureCeuticals (United States), Fujicco (Japan), SK Bioland (South Korea), Medisys Biotech Pvt. Ltd. (India) and Guzen Development (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident High Adoption for the Treatment of Asthma, Diabetes, Multiple Cancers and Kidney Disease
. Major Vendors, such as Archer Daniels Midland (United States), Solbar Industries (Israel), Alpro (Belgium), Frutarom (Israel), Shengyuan (China), FutureCeuticals (United States), Fujicco (Japan), SK Bioland (South Korea), Medisys Biotech Pvt. Ltd. (India) and Guzen Development (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Sep 2019, Frutarom revealed the organic range of soylife complex soy isoflavones, which has granted BE-BIO-01 organic certification by Certisys. These are naturally rich in isoflavones and produced from the soy germ. With the label of organic, consumer demand is increased and also helping in their purchasing decision.
Market Drivers
- Increase Demand of Natural Based Product
- Increase Demand from the Cosmetics Industry
Market Trend
- High Adoption for the Treatment of Asthma, Diabetes, Multiple Cancers and Kidney Disease
- Increase Investment in Research & Development by Leading Players
Restraints
- Due to Its Side Effects
- High Certification Cost for Manufacturers
Opportunities
High Investment in Chemical Sector by Healthcare Industry and Increasing Number of Online Sales Channels across the Globe
Challenges
Rising Cost of Raw Materials and Fluctuation in Foreign Currency Exchange Rates While Transportation of Soybean
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Soy Isoflavones Study Sheds Light on
The Soy Isoflavones Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Soy Isoflavones industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Soy Isoflavones industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.