Flavonoid Market

The flavonoids market is further segmented on the basis of application which includes food and beverages industry, pharmaceutical industry, animal feed industry and nutraceutical industry. Among all these segment nutraceutical industry is expected account for the major market share as compared to remaining segment.  Increasing awareness for healthy products coupled with rising demand anti-inflammatory, cholesterol lowering and stress relief product is expected to be the driving factor for the growth of flavonoid market in next five to six years. Moreover, food and beverages industry is expected to show a substantial growth in flavonoid market. Increased usage of flavonoids as a coloring agent coupled with a view to increase the shelf life of final product for food and beverages is predicted to support the demand of flavonoid market in the near future.  

On the basis of geography, globally North America is expected to contribute to the highest in terms of market share in flavonoid market followed by Europe. In North America countries such as United States is predicted to be the major contributor flavonoid market followed by Canada. Increasing health consciousness with rising demand of dietetic and nutritional supplement among the people in America is driving the growth of flavonoid market across the region.  In Europe, countries such as Germany and France is expected to account for the largest market share followed by United Kingdom. Whereas, Asia pacific is concerned it is expected to register a healthy CAGR by 2020. In Asia pacific region China is expected to be the most dominant market for flavonoid market followed by Japan. Rising awareness among the consumer for healthy lifestyle coupled with increased aging population is predicted to support the growth of flavonoid market during the forecast period. 

Flavonoid Market Drivers

The rising demand for functional foods coupled with increasing health consciousness among the people in developed economies is supporting the growth of flavonoid market in the near future. In emerging economies, rising demand for longer shelf life coupled with increased aging population is predicted to fuel the growth of flavonoid market in the near future. In addition, rising prevalence of several health disorder such as breast cancer, prostate cancer, pancreatic cancer and positive effect on blood vessels, lowering of blood pressure and prevention of inflammation in the body are some of the major factor which is expected to drive growth of flavonoid market during the forecast period.

Flavonoid Market Key Players

Some of the major key players operating in flavonoid market includes International Flavors and Fragrances, EXTRA SYNTHE SE, Kemin Industries, Indofine Chemical Company Inc, Foodchem International Corporation, Meherrin Agricultural & Chemical Company, Quercegen Pharmaceuticals, Cayman Chemical Company,   Aquapharm Bio-Discovery Limited among others.

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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