According to Future Market Insights research, during the projected period, the Soy Isoflavones Market is expected to grow at a CAGR of 4.9 %. The market value is projected to increase from US$ 17,684.0 Million in 2022 to US$ 1,302. Million by 2032. The Soy Isoflavones Market was valued at US$ 16,778 million at the end of 2021 and is anticipated to exhibit a CAGR growth of 5.4 % from 2016 to 2021.
Attributes | Details |
---|---|
Market Size Value in 2022 | US$ 17,684.0 Million |
Market Forecast Value in 2032 | US$ 28,532.2 Million |
Global Growth Rate (2022 to 2032) | 4.9% CAGR |
Forecast Period | 2022 to 2032 |
CAGR of the United Kingdom in Europe | 4.4% |
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Isoflavones are indeed organic substances that are mostly found in various bean varieties. Since isoflavones are the biologically active components of soybeans, soybeans and items produced from them are exceptionally rich sources of isoflavones.
These substances, often known as phytoestrogens, function similarly to the female hormone estrogen. This characteristic of soy isoflavones makes them an active component in a number of products for women's health. The two main soy isoflavones are Genistein and Daidzein.
A new report published by Future market insights, titled, Soy Isoflavones Market - Global Opportunity Analysis and Industry Forecast, 2022 to 2032, projects the global Soy Isoflavones Market to reach US$ 28,532.2 Million by 2032. The market was valued US$ 12,898.4 Million in 2016 and is expected to grow at a CAGR of 4.9% from 2022 to 2032.
The market for soy isoflavones is driven by the isoflavones' unique functional characteristics, such as their ability to mimic estrogen, as well as the rising desire for organic and natural components. The Soy Isoflavones Market fluctuates despite the consistency of these characteristics. A rise in interest in soy products has led to an increase in demand in recent years.
In the Asia-Pacific region, where China holds a disproportionately large market share, soy-based product demand and output are particularly high. The United States is a significant grower of soybeans in North America and is home to many of the biggest producers of soy isoflavones.
Brazil, one of Latin America's emerging nations, is another important market for soy isoflavones. Due to the rising demand for natural food and pharmaceutical ingredients, Western Europe is another important location in the global market for soy isoflavones.
The North American market for soy isoflavones is expected to continue to grow at a rapid pace in the coming years. This growth will be driven by increasing consumer awareness of the health benefits of soy isoflavones and by the introduction of new products containing soy isoflavones.
Soy Isoflavones have been shown to offer a variety of health benefits, including relief from menopausal symptoms, improved bone health, and reduced risk of certain cancers. The North American market is expected to be a major contributor to this growth, due to the large population of women reaching menopause age and the increasing popularity of soy-based supplements.
The market for soy isoflavones in India is expected to grow significantly in the next few years. The demand for soy isoflavones is expected to increase due to the growing health consciousness among Indian consumers. The supply of soy isoflavones is expected to increase as more farmers switch to cultivating soybeans. The price of soy isoflavones is expected to remain stable in the Indian market.
The Asia Pacific is the largest market for soy isoflavones in the world. The region is expected to grow at a CAGR of 6.5% from 2019 to 2025. The growth is driven by the rising demand for soy-based products, such as tofu and soy milk, in the region.
The Asia Pacific is also the largest producer of soybeans in the world. The region produces more than 50% of the world’s soybean crop. China is the largest producer of soybeans in the world, followed by India and Brazil.
The market for soy isoflavones in Asia Pacific is expected to grow significantly in the next few years. The demand for soy isoflavones is expected to increase as more people become aware of their health benefits. The supply of soy isoflavones is expected to increase as more farmers in the Asia Pacific region start producing soybeans.
The demand for soy isoflavones is also growing in other parts of the world, such as North America and Europe. However, the Asia Pacific region is expected to remain the largest market for these products over the next few years.
The market for soy isoflavones is primarily driven by post-menstrual women's high and rising demand. This demand stems from the fact that women of this age have a significant decline in estrogen, which causes a number of issues like hot flashes, excessive sweating, and weight gain.
Osteoporosis and heart disorders are two significant problems that could be brought on by low estrogen levels. Soy isoflavones are less harmful to the consumer's health than procedures like hormone replacement therapy.
Soy Isoflavones are a type of phytoestrogen, which is a plant-derived estrogen. Soybeans are the primary source of soy isoflavones. Isoflavones can also be found in other legumes, such as chickpeas and lentils, but in much smaller amounts.
Soy Isoflavones have a variety of health benefits, including relief from menopausal symptoms, protection against osteoporosis and heart disease, and reduced risks of cancer. Some studies have also shown that soy isoflavones can improve cognitive function and memory.
There are two main methods of extracting soy isoflavones - using an organic solvent or using supercritical fluid extraction. The choice of extraction method will depend on the desired final product and the required purity level.
Soy Isoflavones have been shown to have a variety of health benefits, including reducing the risk of cancer and heart disease. However, there is a major restraint for these products in the market.
One of the main reasons for this is that soybeans are a major source of food allergies.
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The Soy Isoflavones in the market are expected to grow at a CAGR of 4.9% during the forecast period of 2022 to 2032. In many areas, the cost of soy is a significant barrier to market growth. The availability of products like whole grains that are significantly less expensive and equally natural compounds the negative effects of price.
This issue has a pronounced impact on price-sensitive regions, such as Asia-Pacific. Another significant hindrance to the business is the general lack of knowledge among consumers regarding the advantageous qualities of soy components.
The global market for soy isoflavones is expected to grow significantly in the coming years. This growth will be driven by the increasing demand for soy-based products, as well as the growing awareness of the health benefits of soy isoflavones
Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2022 |
Market Analysis | US$ Million for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; Middle East and Africa |
Key Countries Covered | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, United Arab Emirates |
Key Segments Covered | By Product Type, By Raw material, By Application, By Region, By Distribution Channel |
Key Companies Profiled | Frutarom Health (SoyLife); Archer Daniels Midland Company (ADM); Koninklijke DSM N.V. (DSM); SunOpta Inc.; BASF SE; Cargill Inc., Novogen Limited; E. I. du Pont de Nemours and Company |
Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The global Soy Isoflavones Market will reach a valuation of US$ 17,684.5 Million by the end of 2022.
The global Soy Isoflavones Market is forecasted to surpass US$ 23,892.7 Million by the end of 2032.
The USA, Germany, Japan, China, India, Australia, United Kingdom are the major countries driving demand for Soy Isoflavones Market.
The USA Soy Isoflavones Market is contributing 32.3% of the total value share in the global market.
The Germany Soy Isoflavones Market is contributing 27.7% of the total value share in the global market.
In Japan Soy Isoflavones Market is contributing 9.0% of the total market share values in the year 2022.
In India Soy Isoflavones Market is contributing 6.3% of CAGR for the latest period.
In China Soy Isoflavones Market is contributing 4.2% of CAGR for the latest period.
In Australia Soy Isoflavones Market is contributing 2.4% of the total value share in the global market.
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