Global Isoflavones Market - 2020-2027
|出版日期||內容資訊||英文 180 Pages
|異黃酮的全球市場:2020年∼2027年 Global Isoflavones Market - 2020-2027|
|出版日期: 2021年05月10日||內容資訊: 英文 180 Pages||
Isoflavones are a class of organic compounds related to flavonoids that act as phytoestrogens. They are commonly extracted from red clover, soybeans, green peas, chickpeas, and alfalfa. They are primarily used in the production of cosmetics and skin care products such as face creams and moisturizers. Isoflavones is also used in the pharmaceutical industry as an active pharmaceutical ingredient.
The global isoflavones market size was worth US$ XX billion in 2020 and further predicted to reach US$ XX billion by 2027, at a CAGR of XX% during the forecast period (2020-2027).
The global isoflavones market is primarily driven by the rising prevalence of cancer, growing incidences of chronic diseases, and the rapidly increasing geriatric population. However, factors such as stringent regulatory requirements and drug price control policies across various countries are expected to hamper the market growth during the forecast period. Nevertheless, technological advancements in the manufacturing of isoflavones is expected to surface new growth oppurtunities for market participants.
Prevalence of menopausal issues
Women in menopause stage experience various issues such as hot flashes, insomnia, and, in numerous cases, sexual dysfunction. Many women take supplements containing estrogen, which may significantly increase the risk of blood clots, stroke, or breast or uterine cancer. Thus, estrogen may not be an option for many women, depending on their health and family health history. In sync with the shifting women preferences towards natural alternative to estrogen, supplement manuacturers are working towards the development of natural alternatives. Manufacturers have started utilizing soy isoflavones instead of estrogen, as it shows the estrogen characteristics and provides estrogen effects that help in reducing menopausal symptoms such as hot flashes and fatigue. Thus driving the market growth.
Large-scale application in healthcare sector
Isoflavones reduces the risk of breast cancer and also prevents growth of cancer cells by decreasing cell multiplication. Isoflavones are also key source of antioxidants which reduces cholesterol levels thus, protecting cardiovascular system and also reducing the risk of stroke and coronary heart disease. In addition, isoflavones induces bone formation and lead to increase in bone mass. These are also used in cosmetics for treating skin firming, wrinkles, protect sun damage and are also used for moisturizing. Isoflavones is used in cosmetics for treating various skin problems such as sun damage, wrinkles, skin firming and as a moisturizing agent.
COVID-19 Impact Analysis
COVID-19 pandemic affected the global economy in many terms, such as directly affecting production and demand, supply chain disruption, and financial impact. COVID-19 has directly impacted the manufacturers' supply chain across the globe and shut down the production facilities to minimize the risk of virus spread. Furthermore, the lockdown lead to significant decrease in demand in this sector, it has affected foreign trade, exports, and imports. Despite the pandemic, the emergence of COVID 19 has increased consumer awareness about healthy diet and supplements. Thus, influencing isoflavones market growth in global market during the forecast period.
Based on the Source, the isoflavones market has been classified into Soybeans, Red clover, and Others.
Soybeans segment is expected to dominate the global isoflavones market.
soy milk and plant-based alternatives are the key dietary sources of isoflavones. Numerous calcium-fortified soy drinks which are rich in fiber and proteins are preferred in countries such as Germany, Switzerland, and France. The usage of soy isoflavones as food supplements or food ingredients reduces the risk of breast cancer and growth of cancer cells by reducing the cell mitosis process, this is expected to increase the demand for soy as a prime source of isoflavones.
Based on application, the global isoflavones market is segmented into nutraceuticals, pharmaceuticals, food & beverages, and cosmetics.
The pharmaceutical application accounted for the largest share during the forecast period
The pharmaceuticals application dominated the globel isoflavones market and is expected to witness high growthduring the forecast period. The increasing application owing to its therapeutic and functional properties will agment the market growth. Furthermore, isoflavones are used in the treatment for chronic and cardiovascular diseases.
Based on geography, the study analyzes the isoflavones market in the global market, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
North America to lead the global market throughout the forecast period
North America is one of the leading producers of soybeans, providing opportunities for the supply of raw materials. In addition, growing obesity is a rising concern among the youth population in the region, which is increasing customer emphasis on weight control and healthier lifestyles, thus promoting overall health and wellness. Obesity-related disorders include type 2 diabetes, stroke, hypertension, heart disease, and various cancers that contribute to premature death. All of these factors are driving customers to turn to healthier food & beverages, thus boosting the growth of the regional industry.
Asia Pacific accounted for significant share in the global Isoflavones market. Large scale demand for isoflavones in pharmaceutical and healthcare sector is driving the growth of Asia Pacific region. In addition, low retail cost and availability of generic medicines containing isoflavones is driving the growth in Asia Pacific region. Thus, Asia Pacific market is expected to grow at a substantially higher rate over the forecast period primarily due to rising use of isoflavones in pharmaceuticals and cosmetics
The market is fragmented, and the degree of fragmentation will increase during the forecast period. The increasing launch of products containing isoflavones and growing demand for isoflavones in skincare products will create several growth opportunities for market vendors. Archer Daniels Midland Co., Cargill Inc., Fujicco Co. Ltd., FutureCeuticals Inc., and Koninklijke DSM NV are some of the major market participants.
Overview: Cargill, Incorporated is an American privately held global food corporation The company has five operating segments: Food Ingredients & Bio-Industrial, Animal Nutrition, Protein & Salt, Agricultural Supply Chain, and Metals and Shipping. It provides insights to its partners, transforms raw materials into finished goods and moves products around the world. Cargill's customers include food, beverage, industrial, pharmaceutical, and personal care product makers, as well as farmers and food service providers. The company has operations in around 70 countries.
Product Portfolio: The company's portfolio comprises Food ingredients, agricultural, risk management, and commodity trading and processing.
The global isoflavones market report would provide access to an approx. 54 market data table, 53 figures and 270 pages.
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