Global Lignans Market Overview:
Lignans are polyphenolic compounds that are found in plants. Precursors of lignans are found in various plant-based foods including seeds, whole grains, and even fruits and vegetables. Flaxseeds are the richest source of lignan. Lignan-containing food is considered a healthy diet but research is yet to conducted on the role of lignan in the prevention of hormone-associated cancers, osteoporosis, and cardiovascular disease. Lignans are used in functional foods due to their acknowledged health benefits. The pharmaceutical industry is also responsible for the increased demand for lignans.
Growth Drivers
- Growing Consumption of Lignans As an Ingredient in Functional Foods
- The demand of Lignans For Preventing and Relieving Menopausal Symptoms
Market Trends
- Growing Research on Lignans To Further Understand Its Properties
Roadblocks
- Complex Processing Is Needed for The Manufacture of Lignan From Flaxseeds
Opportunities
- Emerging Consumption of Lignan As A Dietary Supplement Will Increase Its Demand
- Adoption of Lignan As an Ingredient in Cosmetics Will Boost Its Demand
Challenges
- Lack of Awareness About Health Benefits of Lignan
- Confusion Among Researchers About the Role of Lignan Is Preventing Cancer
Competitive Landscape:
Firms in this market are largely from China and are mostly private limited companies. As the lignan manufacturers act as supply chain members to the final producer; signing long-term contracts for supply could be useful for increasing revenues. Lack of necessary research to prove the role of lignan in preventing cancer is a big challenge in front of the industry. But adoption of lignan in cosmetics is responsible for the increasing demand for lignans.
Some of the key players profiled in the report are Acatris Inc (United States), BioGin Biochemicals Co. Ltd (China), Hunan Nutramax Inc (China), Shaanxi Zebrago Industrial Co., Limited (China), Hunan Sunfull Bio-Tech (China), Saskatchewan (Canada), Zebrago Herb (China), Hebei Xinqidian Biotechnology (China), Skuny Bioscience (China) and Plamed Group (China). Considering Market by Sales Channel, the sub-segment i.e. Direct will boost the Lignans market. Considering Market by Source, the sub-segment i.e. Seeds will boost the Lignans market.
What Can be Explored with the Lignans Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Lignans Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Lignans
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Lignans market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Lignans market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Lignan Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.