The Global Isoflavones Market is projected to reach USD 35.57 billion in 2027. A major driving force in market growth is the substantial rise in the demand for nutraceutical supplements in all age groups and a global rise in disposable income. For both developed and developing countries, the aging population is becoming a global trend. Consumers worldwide are increasingly concentrating on the quality of life changes and paying very close attention to the foods they consume. Increased health concerns have led to an increase in the use of natural products.
Isoflavones belong to the phytoestrogen group and are plant-derived compounds. A variety of food and plants products such as soy, red clover, rice, lentils, flax seeds, and green tea & peas are used to extract Isoflavones. From these sources, isoflavones are extracted as powder. These products are high in calcium and proteins and the health benefits of compounds such as isoflavones from these sources.
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Further key findings from the report suggest
- In specific end-use industries such as food & beverages, cosmetic products, nutraceutical, and herbal supplements, animal fodder and pharmaceuticals, isoflavone extracts are used as raw material.
- Most of the overall market for isoflavones is represented in nutraceuticals. Throughout the forecasted period, the segment is expected to show similar growth trends.
- The industry is highly fragmented and aggressive. Today, there are fewer experienced players as well as small players in the industry.
- Throughout the forecast era, the red clover segment is projected to rise the fastest in the isoflavone industry.
- Various companies are heavily investing in R&D to provide customers with reliable, low-cost solutions.
- Throughout the forecast era, the red clover segment is projected to rise the fastest in the isoflavone industry.
- During the prediction period, the powder segment should have registered the fastest growth.
- In the projected era, the North American region will account for the largest market share.
- In January 2018, In Singapore, ADM opened a Center of Innovation. The center will promote fruit, feed, industrial, and energy products' production and application of ingredients.
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Moreover, the report provides insight into how the Isoflavones market will develop between 2023 and 2027. Companies operating in the Isoflavones market can benefit from the in-depth dynamics presented in the report, thereby making strategic development decisions that will help them succeed. During the forecast period, the Isoflavones market is expected to undergo significant changes that will highly configure its growth.
Furthermore, the report highlights the growth prospects of the Isoflavones market and estimates market progress in terms of value (USD million) and volume (thousand units).
Key players in the market include
Archer Daniels Midland, Medisys Biotech Pvt. Ltd., SK Bioland, Guzen Development, Aushadhi Herbal, Fujicco Co., Ltd, Tradichem S.L, Nutra Green Biotechnology Co., Ltd., Frutarom Ltd., and HerboNutra, among others.
Source Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Soy
- Red Clover
- Others
Form Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Powder
- Liquid
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Food & Beverages
- Nutraceutical
- Cosmetics
- Others
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Key Questions Answered in This report on the Isoflavones Market
The report provides detailed information about the Isoflavones market on the basis of comprehensive research on various factors that play a key role in accelerating the growth potential of the market. The information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative ways to create a unique benchmark in the Isoflavones market, so as to help them formulate successful strategies and take target-driven decisions.
- How are key market players successfully earning revenue from the advantages of the product?
- What will be the Y-o-Y growth of the Isoflavones market between 2023 and 2027?
- What are the winning imperatives of market frontrunners in the Isoflavones market?
- Which end-user is expected to undertake maximum adoption of the product during the forecast period?
Research Methodology: Isoflavones Market
The research methodology adopted by analysts to compile the Isoflavones market report is based on detailed primary as well as secondary research. With the help of in-depth insights of industry-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the Isoflavones market.
During the primary research phase, analysts interviewed industry stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. On the basis of data obtained through interviews with genuine resources, analysts have emphasized the changing scenario of the Isoflavones market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, import and export data of major countries around the world, industrial production index, industry association publications, and company websites to obtain the necessary understanding of the Isoflavones market.
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