Flavonoids
Market Analysis By Regions (North America, Europe, Asia-Pacific, Latin
America and Africa), Product, Size, Share, Trends, Growth Factors, Revenue By
Application And Segment Forecasts To 2027.
Global Flavonoids Market size
is expected to value at USD 1.06 billion by 2025. The market is subject to
witness a substantial growth due to the increasing number of application in the
functional food & beverages sector, dietary supplements sector, cosmetics
and pharmaceutical industry. Flavonoids are used as a sweetening and coloring
agent in the packaged food sector.
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Flavonoids has enhanced
capabilities such as restricting cancer cell growth and prevention of stomach
ulcers and infections due to their anti-microbial properties. These factors are
expected to drive market demand for flavonoid over next seven years. Globally,
the flavonoids industry is predicted to display higher growth rate in the
forecast period, providing numerous opportunities for market players to invest
for research and development in the flavonoids market.
Flavonoids are naturally
occurring chemical substance, which is commonly found in the plants. Flavonoids
are responsible for providing natural color to plants, fruit, grain, and flower
such as root vegetables, tealeaves, lemons, oranges, raspberries, cabbage,
peppers, squash, tomatoes, eggplant and soybean. Increasing demand of flavonoid
from functional food & beverages industry is expected to boost market
demand over the forecast period.
Growing demand for anthocyanin
from the food & beverage industry, which is type of a flavonoid, as a coloring
agent; particularly in the Asia-Pacific region is estimated to amplify market
value for flavonoid over the next seven years. Shifting trend towards adoption
of organic coloring agents in the food & beverage industry along with
changing food consumption habits of consumers are propelling market expansion
in the recent years.
The technological advancement in
the functional food industry coupled with development of novel products such as
bioflavonoids are fostering market growth as well in the last few years. The
three major types of flavonoids include bioflavonoids, is oflavonoids, and
neoflavonoids. All of these classes contain ketone compounds and are referred
as anthocyanin. Anthocyanin is commonly known as a hypoglycemic agent that
helps to regulate human blood sugar level. Anthocyanin are largely used in
dietary supplements as well. Additionally, Anthocyanin is a histamine blocker
that limits inflammation caused due to allergies, cardiovascular diseases,
arthritis, and stomach ulcers. Such factors are expected to favor market growth
of the flavonoids over the next seven years.
The flavonoid industry is broadly
categorized into three major segments based on the application type such as
functional food segment, functional beverages segment, and dietary supplements.
The functional beverages is considered as one of the fastest growing segment in
the flavonoids market with substantial revenue generation in the last few
years.
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