The Global Isoflavones Market is projected to reach USD 35.57 billion in 2027. A major driving force in market growth is the substantial rise in the demand for nutraceutical supplements in all age groups and a global rise in disposable income.
For both developed and developing countries, the aging population is becoming a global trend. Consumers worldwide are increasingly concentrating on the quality of life changes and paying very close attention to the foods they consume. Increased health concerns have led to an increase in the use of natural products.
Isoflavones belong to the phytoestrogen group and are plant-derived compounds. A variety of food and plants products such as soy, red clover, rice, lentils, flax seeds, and green tea peas are used to extract Isoflavones. From these sources, isoflavones are extracted as powder. These products are high in calcium and proteins and the health benefits of compounds such as isoflavones from these sources.
Top Companies Operating in the Global Isoflavones Market:
Archer Daniels Midland, Medisys Biotech Pvt. Ltd., SK Bioland, Guzen Development, Aushadhi Herbal, Fujicco Co., Ltd, Tradichem S.L, Nutra Green Biotechnology Co., Ltd., Frutarom Ltd., and HerboNutra
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Further key findings from the report suggest
- In specific end-use industries such as food beverages, cosmetic products, nutraceutical, and herbal supplements, animal fodder and pharmaceuticals, isoflavone extracts are used as raw material.
- Most of the overall market for isoflavones is represented in nutraceuticals. Throughout the forecasted period, the segment is expected to show similar growth trends.
- The industry is highly fragmented and aggressive. Today, there are fewer experienced players as well as small players in the industry.
- Throughout the forecast era, the red clover segment is projected to rise the fastest in the isoflavone industry.
- Various companies are heavily investing in RD to provide customers with reliable, low-cost solutions.
- Throughout the forecast era, the red clover segment is projected to rise the fastest in the isoflavone industry.
- During the prediction period, the powder segment should have registered the fastest growth.
- In the projected era, the North American region will account for the largest market share.
- In January 2018, In Singapore, ADM opened a Center of Innovation. The center will promote fruit, feed, industrial, and energy products' production and application of ingredients.
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Isoflavones Market Segmentation
Source Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Soy
- Red Clover
- Others
Form Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Powder
- Liquid
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Food Beverages
- Nutraceutical
- Cosmetics
- Others
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The global Isoflavones market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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