Along with their well-known antioxidant property, citrus bioflavonoids have been studied for their function in enhancing overall immune health and increasing vitamin C absorption. Synergistic effects of citrus bioflavonoids and vitamin C have been studied for medical applications that support the immune system, respiratory health, metabolism, joint health, vascular integrity and cognitive health.
A range of citrus bioflavonoid profiles is available in the citrus bioflavonoid market as they are extracted from multiple sources such as lime, orange, lemon, tangerine and grapefruit. Each of these citrus fruits has its own citrus bioflavonoid profile which has created opportunities for customized formulations in the citrus bioflavonoid market. Following the availability of a range of citrus bioflavonoid profiles, manufacturers in the citrus bioflavonoid market are competing to provide the broadest spectrum bioflavonoid profile in the citrus bioflavonoid market.
An extensive application of citrus bioflavonoids in the nutritional supplements and prominently rising demand for multivitamins is expected to augur well for the citrus bioflavonoid market. In addition, the future progress of the citrus bioflavonoid market can be attributed to multipronged factors such as increasing awareness regarding health and wellness, and growing emphasis on the consumption of natural medical formulations. However, the lack of FDA approval is expected to confine the growth of the citrus bioflavonoid market.
Bioflavonoids are a group of plant pigments that give the colors to many flowers and fruits. Citrus bioflavonoids are found in citrus fruits such as orange, lemon, grapefruit, tangerine, etc. Citrus bioflavonoid contains antioxidants which help in sustaining a healthy life. Citrus bioflavonoids are derived from fruits high in vitamin C, and they act by neutralizing free radicals.
Different types of bioflavonoids are derived from the citrus fruits such as hesperidin (oranges and lemons), naringin and naringenin (grapefruit), tangerine (peels of lemons and oranges), and diosmin (lemons and oranges). These bioflavonoids are highly used in the supplement industry and are grossing in demand across the global, owing to the rise in healthy lifestyle trends.
The citrus bioflavonoid market is segmented based on application, distribution channel and region. Based on its application in different products, citrus bioflavonoid is segmented as a dietary supplement, cosmetic and beverage. The use of dietary supplements has seen a rise in demand in developed economies such as the U.S. where the population has a heightened trust in herbal and botanical supplements.
On the basis of distribution channels, the citrus bioflavonoid market is segmented as retail, online retail, herbal speciality store and supermarket. With the increasing internet penetration in developing countries, the online sales of herbal supplements have also gained momentum and are expected to grow at a significant rate in the respected region.
On the basis of regions, the citrus bioflavonoid market is segmented into the following key regions; North America, Latin America, The Middle East, Asia Pacific, Western and Eastern Europe, and Africa. The main regions associated with the citrus bioflavonoid market include; Europe and Japan. The high use of herbal extracts in countries such as Germany, the U.K., France and other European countries is expected to support market growth in the region. The high acceptance of natural food and products containing natural ingredients in North America and Japan are expected to fuel the market growth of citrus bioflavonoids.
Citrus bioflavonoids are well-known among people as a natural supplement and a natural endurance and performance enhancer. Popularity among gamers has increased the demand for this product many folds. The high amounts of heath claims from manufacturers have certainly attracted consumers, this has led to a variety of product launches in the supplement segment in the recent past. Increased demand in the food and beverages where these health claims for herbal-based products including broccoli powder are often regarded as pure, non-toxic and highly beneficial for health and beauty.
This has led to consumers being more and more attracted to herbal products which are regarded as unadulterated and have little to no harm in consumption. Further, research-derived advertisements are acting as a driving force for growth in citrus bioflavonoid demand. The growth of this market is expected to be due to the supply-side innovation backed up by the health and fitness concerned people. Moreover the little to no risk associated with the consumption of these naturally derived food supplements has induced a high demand in the market.
Rising consumer awareness regarding health and health supplements is expected to drive the growth of the global citrus bioflavonoid market in the forecast period. Growing belief and high acceptance of the herbal supplements is another driving factor. Furthermore the global prayers in the citrus bioflavonoid market range from herbal companies to nutraceutical companies and further big-pharma companies, the amount of supplements now available in the market in various forms is also estimated to grow significantly.
Manufacturers are keen on improving the processing capacities to meet the demands of people and gain a significant market share over the forecast period and some of the players contributing to the global citrus bioflavonoid market are Solgar Inc., NOW Foods, Organika Health Products Inc., Freeda Vitamins, Inc., Country Life, LLC. Natural Factors Inc. among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Citrus bioflavonoid Market
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