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Global Flavonoid Market to reach USD 2.73 billion by the end of 2030.

Global Flavonoid Market Size Study & Forecast, by Product Type (Isoflavones, Anthocyanin, Others), By Form (Powder, Liquid), By Application (Nutraceuticals, Pharmaceuticals, Cosmetics, Food & Beverages), and Regional Analysis, 2023-2030

Product Code: OIRFB-58256839
Publish Date: 13-07-2023
Page: 200

Global Flavonoid Market is valued approximately at USD 1.69 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2023-2030. Flavonoids are a type of lower-level polyphenolic metabolites derived from plants and are consumed as dietary food that offers antioxidant properties. The pigments or colors in fruits, vegetables, and flowers are largely due to them. These colors help plants resist environmental stress UV radiation, cold stress, salt stress, etc. due to their high antioxidant content. Additionally, flavonoids are industrially produced, mostly in the form of isoflavones, anthocyanins, and other product kinds. Additionally, it is often utilized to treat conditions such as arthritis, cancer, cardiovascular disease, obesity, and hypertension. It is frequently used in the pharmaceutical and nutraceutical industries for tablets, supplements, and capsules. The rising awareness of the health benefits of flavonoids, rising inclination towards natural and herbal products, surging demand for functional foods and beverages, escalating geriatric population, the increasing investments in research and development are the key factors that are fostering the market demand across the globe.

In addition, the rising adoption of flavonoids in the nutraceuticals industry is also playing a major role that is stipulating the market growth during the estimated period. Flavonoids are gaining high traction across the nutraceuticals industry owing to the high demand and consumption of nutraceutical supplements containing flavonoids including anthocyanidins and isoflavones. According to Statista, the global nutraceuticals sector was worth USD 383.06 billion approximately, which is anticipated to reach USD 561.36 billion by the end of 2023. Flavonoids aid in the treatment of viral infections, diabetes, certain cardiac diseases, and other illnesses. Accordingly, the aforementioned factors have influenced the adoption of flavonoids such as anthocyanidins and isoflavones nutraceutical sector, which, in turn, fuel the expansion of the global flavonoid market. Moreover, the increase in the adoption of flavonoids in the food industry, as well as the introduction of dietary supplements in the untapped market present various lucrative opportunities over the forecast years. However, the availability of substitutes and the side effects of some flavonoids are hampering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Flavonoid Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 holding the largest market share owing to the changing consumer lifestyles, rising prevalence of various chronic ailments and growing awareness of the health benefits of flavonoids. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecast years. The growing demand for dietary supplements among the population, rising popularity of sports, along with the increasing disposable income are significantly propelling the market demand across the region.

Major market players included in this report are:
Archer Daniels Midland Company
Artemis International
Eevia Health Plc
Enomark Biotech (Enomark Healthcare)
Givaudan International Sa (Naturex S.A.)
Indena S.P.A.
Natac A/S
Nexira S.A.
Xian Yuensun Biological Technology Co., Ltd

Recent Developments in the Market:
Ø In September 2022, Layn Natural Ingredients, a US-based company, unveiled bio+quercetin, a natural antioxidant flavonoid. The new product was marketed by the manufacturer as a “highly bioavailable version of quercetin for nutraceutical usage.” The Sophora japonica-derived flavonoid was developed to aid the industry in the transition to bioavailable goods.
Ø In February 2022, Taiyo announced the availability of “Sunactive IsoQ,” a water-soluble precursor to quercetin that is made from isoquercitrin and has essentially higher bioavailability. This is a brand-new line of enhanced flavonoids.
Ø In January 2022, Lantana Bio- the French company, and Biosyntia- the Danish biotech firm revealed their joint ambitions to accelerate the development of sustainable flavonoids for use in dietary supplements, food and beverage fortification, and cosmetics.

Global Flavonoid Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product Type, Form, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

By Form:

By Application:
Food & Beverages

By Region:
North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Flavonoid Market, by region, 2020-2030 (USD Billion)
1.2.2. Flavonoid Market, by Product Type, 2020-2030 (USD Billion)
1.2.3. Flavonoid Market, by Form, 2020-2030 (USD Billion)
1.2.4. Flavonoid Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Flavonoid Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Flavonoid Market Dynamics
3.1. Flavonoid Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing inclination towards natural and herbal products Rising adoption of flavonoids in the nutraceuticals industry
3.1.2. Market Challenges Availability of substitutes Side effects of some flavonoids
3.1.3. Market Opportunities Increase in the adoption of flavonoids in the food industry Introduction of dietary supplements in the untapped market
Chapter 4. Global Flavonoid Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Flavonoid Market, by Product Type
5.1. Market Snapshot
5.2. Global Flavonoid Market by Product Type, Performance – Potential Analysis
5.3. Global Flavonoid Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Flavonoid Market, Sub Segment Analysis
5.4.1. Isoflavones
5.4.2. Anthocyanin
5.4.3. Others
Chapter 6. Global Flavonoid Market, by Form
6.1. Market Snapshot
6.2. Global Flavonoid Market by Form, Performance – Potential Analysis
6.3. Global Flavonoid Market Estimates & Forecasts by Form 2020-2030 (USD Billion)
6.4. Flavonoid Market, Sub Segment Analysis
6.4.1. Powder
6.4.2. Liquid
Chapter 7. Global Flavonoid Market, by Application
7.1. Market Snapshot
7.2. Global Flavonoid Market by Application, Performance – Potential Analysis
7.3. Global Flavonoid Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Flavonoid Market, Sub Segment Analysis
7.4.1. Nutraceuticals
7.4.2. Pharmaceuticals
7.4.3. Cosmetics
7.4.4. Food & Beverages
Chapter 8. Global Flavonoid Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Flavonoid Market, Regional Market Snapshot
8.4. North America Flavonoid Market
8.4.1. U.S. Flavonoid Market Product Type breakdown estimates & forecasts, 2020-2030 Form breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Flavonoid Market
8.5. Europe Flavonoid Market Snapshot
8.5.1. U.K. Flavonoid Market
8.5.2. Germany Flavonoid Market
8.5.3. France Flavonoid Market
8.5.4. Spain Flavonoid Market
8.5.5. Italy Flavonoid Market
8.5.6. Rest of Europe Flavonoid Market
8.6. Asia-Pacific Flavonoid Market Snapshot
8.6.1. China Flavonoid Market
8.6.2. India Flavonoid Market
8.6.3. Japan Flavonoid Market
8.6.4. Australia Flavonoid Market
8.6.5. South Korea Flavonoid Market
8.6.6. Rest of Asia Pacific Flavonoid Market
8.7. Latin America Flavonoid Market Snapshot
8.7.1. Brazil Flavonoid Market
8.7.2. Mexico Flavonoid Market
8.8. Middle East & Africa Flavonoid Market
8.8.1. Saudi Arabia Flavonoid Market
8.8.2. South Africa Flavonoid Market
8.8.3. Rest of Middle East & Africa Flavonoid Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Archer Daniels Midland Company Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Artemis International
9.3.3. BASF Se
9.3.4. Eevia Health Plc
9.3.5. Enomark Biotech (Enomark Healthcare)
9.3.6. Givaudan International Sa (Naturex S.A.)
9.3.7. Indena S.P.A.
9.3.8. Natac A/S
9.3.9. Nexira S.A.
9.3.10. Xian Yuensun Biological Technology Co., Ltd
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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