About Isoflavone
Isoflavone is the group of compounds which consist of antioxidant properties. Isoflavone is primarily derived from carrots, peppers, tomatoes, broccoli, citrus fruits, berries, soybeans, and other fruits and also helps in vegetables. The global isoflavone market is driven by increasing consumer demand for nutraceuticals. The launch of different products in the cosmetics industry is projected to have a positive impact on the isoflavone market. Positive effect on blood vessels, lowering of blood pressure and prevention of inflammation in the body are some of the major factors which are projected to drive the growth of isoflavone market during the forecast period. They are used as sweetening and coloring agents in the food industry. Soy isoflavone is majorly found isoflavone across the globe which is used as an ingredient responsible for health functions in the form of soft drinks and capsules. It helps to maintain bone calcium.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 5.1% |
Competition among existing players is due to the Isoflavone market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Isoflavone Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage.The Vendors having a strong hold in the market are Cargill, ADM, BASF, Koninklijke DSM, and International Flavors & Fragrances. Analyst at AMA Research estimates that Asian Vendors will contribute the maximum growth to Global Isoflavone market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cargill, Incorporated (United States), Archer Daniels Midland Company (ADM) (United States), BASF SE (Germany), Koninklijke DSM N.V. (Netherlands), International Flavors & Fragrances Inc. (Frutarom) (United States), Shanghai Freemen Americas LLC (United States), Nexira Inc. (France), Bio-gen Extracts Private Limited (India), Sikko Industries Ltd. (India), SK Bioland (South Korea), BioMax (India) and Avestia Pharma (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are NutraScience Labs (United States), Tradichem S.L. (Spain), Nutra Green Biotechnology (China), Herbo Nutra (India), FutureCeuticals Inc. (United States), Bio-gen Extracts (United States), Xena Bio Herbals Pvt. Ltd. (India), Sikko Industries (India), Biomax (India) and Lactonova (India).
Segmentation Overview
AMA Research has segmented the market of Global Isoflavone market by Type (Soy (Food & Beverages, Nutraceuticals, Cosmetics, Others), Chickpea (Food & Beverages, Nutraceuticals, Cosmetics, Others) and Red Clover (Food & Beverages, Nutraceuticals, Cosmetics, Others)), Application (Nutraceutical, Pharmaceutical, Cosmetics, Animal Feed and Others) and Region.
On the basis of geography, the market of Isoflavone has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Powder will boost the Isoflavone market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Occurrence of Health disorder such as Breast Cancer and Growing Demand for Longer Shelf Life
Market Growth Drivers:
Growing Demand for Functional Foods and High Adoption due to Increasing Health Consciousness among Consumer
Challenges:
Stringent Government Regulations Associated with Flavonoids, Rising Cost of Raw Materials and Fluctuation in Foreign Currency Exchange Rates While Transportation of Soybean
Restraints:
Lengthy Approval Process from Regional Regulatory Bodies, Due to Its Side Effects and High Certification Cost for Manufacturers
Opportunities:
High Investment in Chemical Sector by Healthcare Industry, Increasing Number of Online Sales Channels across the Globe, High Adoption due to Dietetic and Nutritional Supplement among the People and Huge Growth in Food and Beverages Industry
Market Leaders and their expansionary development strategies
In December 2021, Cargill has reached an agreement with Croda to acquire the majority of its performance technologies and industrial chemicals business on a cash-free, debt-free basis. The investment would dramatically expand Cargill’s bioindustrial footprint to better serve industrial manufacturers searching for “greener” ingredient solutions.
In 2021, Nua, a feminine hygiene company based in India, announced the launch of a new nutritional mix product called "Uplift". This nutritional drink consists of grape seed extract and soy isoflavones.
Sec. 101.82 Health claims: Soy protein and risk of coronary heart disease (CHD). (a) Relationship between diets that are low in saturated fat and cholesterol and that include soy protein and the risk of CHD. (1) Cardiovascular disease means diseases of the heart and circulatory system. CHD is one of the most common and serious forms of cardiovascular disease and refers to diseases of the heart muscle and supporting blood vessels. High blood total cholesterol and low density lipoprotein (LDL)-cholesterol levels are associated with increased risk of developing CHD. High CHD rates occur among people with high total cholesterol levels of 240 milligrams per deciliter (mg/dL) (6.21 millimole per liter (mmol/L)) or above and LDL-cholesterol levels of 160 mg/dL (4.13 mmol/L) or above. Borderline high risk total cholesterol levels range from 200 to 239 mg/dL (5.17 to 6.18 mmol/L) and 130 to 159 mg/dL (3.36 to 4.11 mmol/L) of LDL-cholesterol.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Soy Isoflavones Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.