Industry Background:
Flavonoids are the group of compounds which consist of antioxidant properties. Flavonoids are primarily derived from carrots, peppers, tomatoes, broccoli, citrus fruits, berries, soybeans, and other fruits and also helps in vegetables. The global flavonoids 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 flavonoid 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 flavonoid market during the forecast period. Flavonoids are used as sweetening and coloring agents in the food industry.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Cayman Chemical Company (United States), Indena S.p.A. (Italy), Indofine Chemical Co Inc. (United States), Quercegen Pharmaceuticals (United States), Extrasynthese S.A (France), Organic Herb Trading (United Kingdom), Toroma Organics Ltd. (Germany), Foodchem International Corporation (China), Pharmachem Laboratories Inc.(United States) and Extrasynthese (France) |
According to AMA, the market for Flavonoids is expected to register a CAGR of 5.11% during the forecast period to 2030. This growth is primarily driven by Growing Demand for Functional Foods and High Adoption due to Increasing Health Consciousness among Consumer.
Globally, a noticeable market trend is evident Increasing Occurrence of Health disorder such as Breast Cancer
The Food Products sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Cayman Chemical Company (United States), Indena S.p.A. (Italy), Indofine Chemical Co Inc. (United States), Quercegen Pharmaceuticals (United States), Extrasynthese S.A (France), Organic Herb Trading (United Kingdom), Toroma Organics Ltd. (Germany), Foodchem International Corporation (China), Pharmachem Laboratories Inc.(United States) and Extrasynthese (France), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The global market is highly competitive and consists of a limited number of providers competing. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Key Developments in the Market:
On January 19, 2023, Archer Daniels Midland Company (ADM), a leading agricultural processing company, announced the acquisition of Chr. Hansen's Natural Food Colors business, includes a significant portfolio of flavonoid-based colors. This acquisition strengthens ADM's position in the natural food colors market.
On March 21, 2023, Koninklijke DSM N.V., a global science-based company active in health, nutrition, and materials, launched its new line of clinically studied, bioavailable flavonoid ingredients targeting cognitive health and heart health applications. This launch signifies DSM's commitment to innovation in the flavonoid market.
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
Restraints:
Lengthy Approval Process from Regional Regulatory Bodies
Opportunities:
High Adoption due to Dietetic and Nutritional Supplement among the People and Huge Growth in Food and Beverages Industry
AMA Research follows 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 showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze 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 includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Flavonoids Market
- Analysis about New Entrants in Flavonoids Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Flavonoids Study Sheds Light on
The Flavonoids Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Flavonoids industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Flavonoids industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, 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 the value they currently claim or capture the new addressable opportunity.