Global Flavonoids Market 2017-2021

Overview of the global flavonoids market

Technavio’s market study identifies the rising demand for functional foods to be one of the primary growth factors for the flavonoids market. Functional foods aid in maintaining optimum health and also help reduce various diseases. Additionally, it also helps in aiding specific body functions beyond the scope of basic nutrition. This increases the demand for functional foods that are rich in flavonoids especially among the health-conscious consumers since flavonoids are super-antioxidants that support and strengthen cells. Technavio’s market analysts estimate that the market will grow steadily at a CAGR of around 8% by 2021.

Flavonoid manufacturers extract flavonoids from plants and create products that are useful in pharmaceutical applications, food application, and personal care. Several research and clinical studies are being conducted for finding new applications of flavonoids in the pharmaceutical industry. It has been observed that flavonoids possess inhibitory properties in the initiation, promotion, and progression of invasive cancers due to their polyphenolic secondary metabolites, that broadens the scope of pharmacological activities. As flavonoids are antioxidant supplements, they are primarily used in the manufacturing of anticancer drugs. Our research analysis predicts the growing potential of flavonoids in anticancer drugs as one of the key trends that will gain traction in the flavonoids market during the next four years.

Competitive landscape and key vendors

The market is characterized by the presence of few international and regional players and is concentrated. Vendors mainly compete based on price, variety, new product introductions, and product innovations. Strategic alliances and partnerships are highly prevalent and this benefits the partners in terms of technology, price, and geographical presence. The new entrants face high entry barriers due to the requirement of high investments, high competition, funding, and expertise.

The leading vendors in the market are -

• Cayman Chemical
• Indena
• INDOFINE Chemical Company
• Quercegen Pharmaceuticals

The other prominent vendors in the market are EXTRASYNTHESE, Organic Herb, Phytocompounds.com, and toroma organics.

Segmentation by applications and analysis of the flavonoids market

• Functional beverages
• Functional food
• Dietary supplements

The functional beverages segment will account for the major shares of this market throughout the predicted period. Flavonoids are mainly used on beverages due to their antioxidant properties. antioxidant properties. The awareness on the health benefits of the consumption of functional beverages that contain flavonoids such as the reduction of cardiovascular risks and favorable effects on the endothelial function, will drive the growth of this market segment. 

Geographical segmentation and analysis of the flavonoids market

• Americas
• APAC
• EMEA

The Americas is witnessing a rise in incidences of diet- and lifestyle-related chronic ailments, primarily in North America. The demand for flavonoids in the region is influenced by the increasing awareness of the reasons and the preventive measures for various disorders. To cater to the rising demand, the manufacturers are focusing on offering flavonoids in convenient forms and as ingredients.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global flavonoids market?
• What are the key market trends impacting the growth of the global flavonoids market?
• What are the challenges to market growth?
• Who are the key vendors in the global flavonoids market?
• What are the market opportunities and threats faced by the vendors in the global flavonoids market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global flavonoids market?

Technavio also offers customization on reports based on specific client requirement.

Flavonoids are a diverse group of phytonutrients found in fruits and vegetables which are rich in powerful antioxidants with anti-inflammatory and immune system benefits. Along with giving food its vibrant color, it is also associated with cancer, neurodegenerative, and cardiovascular disease prevention. Due to the evidence of multiple benefits from flavonoids, the upcoming report on global flavonoids market provides insight into its emergence and progress in the food and beverage industry. Alongside this, the report also explores the relative market size, growth rate, and competitive landscape of this market in the food sector.

Research analyst at Technavio collects first-hand information by means of primary research collecting data and insights from vendors, industry experts, manufacturers, suppliers, and end consumers. To accurately measure the market size and estimate the overall growth potential of the market, the research experts carefully go through a multitude of secondary data sources such as proprietary tools and database, industry reports, research journals, and various webinars. The clients can benefit with this report by gaining a complete overview of the market, which gives them knowledge on the accessibility of suppliers, manufacturers, and customers and detailed profiling.

The upcoming report on the global flavonoid market also discusses the growth prospects of the market in each of the geographic segment by covering regions such as Americas, APAC, and EMEA. The report also provides detailed information like largest market, fastest growing market, and challenges and opportunities persisting in each geographic region. Not only this, it also goes much deeper to analyze top national markets for these products. The report also identifies some of the major players as well as other prominent players such as Cayman Chemical Company, Quercegen Pharmaceuticals, Foodchem International Corporation, INDOFINE Chemical Company Inc., Pharmachem Laboratories Inc, Indena S.p.A., International Flavors and Fragrances, EXTRA SYNTHE SE, Kemin Industries, Meherrin Agricultural & Chemical Company, and Aquapharm Bio-Discovery. With the change in modern lifestyle, more and more people are getting conscious about their health and weight, and are willing to try various weight management product. Some of these weight management product use flavonoid as an ingredient, which might prove to be one of the influencing factorsfor this market.

The upcoming research report on the global flavonoid market also includes product category-wise growth potential, industry insights, new application foods, technological innovation, and changing market dynamics. Furthermore, to give a realistic picture of the industry’s growth prospects, the report also provides detailed insights on the changing competitive landscape and the strategies followed by the major players to establish their presence in the global market. The report also covers related sectors from food and beverage market such as non-alcoholic beverage, alcoholic beverage, and food service.

Our market research methodology for the global flavonoids market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.