Isoflavones Market to Register A CAGR of 5.2% During the Assessment Period, 2019-2026

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The Global Isoflavones Market held a market size of $1.26 billion in 2019 and anticipated to grow at a CAGR of 5.2% over the assessment period, according to Esticast Research.

North America is expected to be the major region in the global isoflavones market. The increasing consumer preference towards healthy foods and rising target diseases burden are some factors supporting the product demand in the region. Further, in the European region, the high consumption of nutraceuticals is significantly boosting the demand for the product.

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OVERVIEW

Isoflavones are a form of polyphenol which is found in legumes, including soybeans, red clover, chickpeas, peanuts, and other nuts and fruits. Isoflavones derived from soybeans are used in various applications especially pharmaceuticals and nutraceuticals. The market for isoflavones is expected to grow over the assessment period owing to the increasing burden of chronic diseases such as cancer globally and growing uptake of natural ingredients and healthy food among consumers in developed as well as developing economies. Isoflavones have antioxidants properties which help in the management of diseases such as cancer, diabetes, and heart diseases, owing to this it is widely used in the pharmaceutical industry. Moreover, the utilization of isoflavones has increased in cosmetic industries as it helps in wrinkle reduction, skin firming, and moisturizing skin. Furthermore, in recent years, the increasing uptake of protein supplements is expected to support market growth, as soy isoflavones are used in these supplements.

The global isoflavones market has been bifurcated into form, source, and application. The form segment has been divided into liquid and power. The source segment has been bifurcated into red clover, soy, and others. Further, based on application, the market has been segmented into food & beverages, nutraceuticals, pharmaceuticals, and cosmetics.

On the basis of geography, the isoflavones market has been categorized into Asia-Pacific, Europe, North America, South America, and Middle East & Africa. North America has been divided into the U.S. and Canada. Moreover, Europe has been classified into France, Italy, the UK, Germany, and the Rest of Europe. Asia-Pacific region has been bifurcated into South Korea, Japan, India, and Rest of Asia-Pacific. Further, the South America region has been segmented into Argentina, Brazil, Mexico, and the Rest of South America. The Middle East & Africa has been segmented into Africa, GCC Countries, and the Rest of the Middle East.

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The report will provide deep analysis of historic data, qualitative insights, product benchmarking, and premium market forecast.

North America is expected to be the major region in the global isoflavones market. The increasing consumer preference towards healthy foods and rising target diseases burden are some factors supporting the product demand in the region. Further, in the European region, the high consumption of nutraceuticals is significantly boosting the demand for the product. Countries such as the UK, France, and Germany are major markets in Europe. In addition, the market growth in the Asia Pacific region is mainly due to increasing consumption nutrition supplements, the growing geriatric population in countries, and the surging prevalence of diseases such as diabetes, cancer, and cardiovascular diseases.

Prominent companies functioning in the global isoflavones market include Cargill, Archer Daniels Midland, BASF SE, Nexira, Inc., Biomax, Avestia Pharma, Herbo Nutra, Xeno Bio Herbals Pvt Ltd., Fujicco Co., Ltd, SK Bioland, Nutra Green Biotechnology Co., Ltd, Sikko Industries Ltd., Tradichem S.L., FutureCeuticals Inc., Shanghai Freemen, Frutarom Ltd., and Lactonova. The isoflavones industry is fragmented owing to the presence of many companies in the market.

This Report Provides:

  • Market size for the regional and country-level segments and key segments
  • Market data for the years 2016 to 2026
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Opportunities)
  • Qualitative analysis: Porter’s five forces analysis, PESTLE analysis, SWOT analysis, etc.
  • Competitive landscaping & company profiling with product benchmarking, financials, and recent developments

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