A Brief Overview of the Isoflavones Industry
The global IsoflavonesMarket is expected to reach USD 50.06billion by 2025, according to a
new report by Grand View Research, Inc. The significant rise in the demand of
nutraceutical supplements across all age groups and an increase in the
disposable income globally are the major driving factors for the growth of
isoflavones market.
The
aging population is becoming a global phenomenon in developed as well as
emerging countries. The consumers across the globe nowadays are concentrating
on improving the quality of life and are very careful about the products they
are consuming. Growing health concern has resulted in increase of usage of
naturally-derived products.
Isoflavones
are plant-derived compounds and belong to the class of phytoestrogens.
Isoflavones are extracted from a variety of plants and food products such as
soy, red clover, beans, lentils, flaxseeds, green tea, & peas. Isoflavones
are extracted in the form of powder from these sources. These products are rich
in calcium & proteins, and compounds like isoflavones extracted from these
sources have various health benefits
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Soy is
a major source for obtaining isoflavones compounds globally. Soy-based
isoflavones are believed to have several health benefits. Soy-based isoflavones
are used to control high blood pressure, cholesterol, and heart-related
diseases. They are believed to be a beneficial cure for preventing breast
cancer, hot flashes after breast cancer, premenstrual syndrome (PMS), and
menopausal symptoms.
Isoflavones
are highly beneficial for human health. These compounds when enter the human
body, they change to phytoestrogens which have the similar function to hormone
estrogen in the body.
Further key Findings from the Study Suggest:
- The
global isoflavonesmarket is anticipated to reach 964.17 kilo tons by 2025,
growing at a CAGR of 16.4% from 2016 to 2025
- Isoflavones
extracts are used as raw material in various end-use industries such as
food & beverages, cosmetics, nutraceuticals & dietary supplements,
animal feed, and pharmaceuticals.
- The
nutraceuticals application accounted for around 41% of the total market
for isoflavones in 2015. The segment is anticipated to show the similar
growth trend over the forecast period.
- In
2015, North America was the biggest market for isoflavones and the region
accounted for around 37% of the total market.
- North
America & Europe are anticipated to show the fastest growth over the
next nine years.
- The
market is highly fragmented and competitive in nature. Presently the
market isexperiencing the occurrenceof less number of matureas well as
small scale players.
- Some
of the key companies present in the market are Archer Daniels Midland, SK
Bioland,Medisys Biotech Pvt. Ltd., andHerboNutra.
Grand View Research has segmented the
isoflavones market on the basis of sources, application, and region:
Global
Isoflavones Source Outlook (Revenue, USD Million, Volume, Kilo Tons, 2014 -
2025)
- Soybeans
- Others
Global Isoflavones application Outlook
(Revenue, USD Million, Volume, Kilo Tons, 2014 - 2025)
- Food
& Beverages
- Nutraceutical
- Cosmetics
- Others
About
Grand View Research:
Grand View Research is an India & U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. Grand View
Research database is used by the world's renowned academic institutions and
Fortune 500 companies to understand the global and regional business
environment. Our database features thousands of statistics and in-depth
analysis on 46 industries in 25 major countries worldwide.
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Grand View Research, Inc.
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