ALL >> Business >> View Article
Flavanones Industry - Size, Share, Growth, Trends, By 2023
Market Research Future Has Published its Half-Cooked Research Report on the Global Flavanones Market.
Market Highlights
Flavanones are amongst the major group of flavonoids that are widely obtained from citrus plants. The global flavanones market is expected to garner a revenue of USD 140 Million by 2024 and register a CAGR of 3% during the forecast period of 2019 to 2024. Manufacturers of flavanones are expected to witness lucrative opportunities during the forecast period owing to the high consumption of flavanones as flavoring agents and dietary supplements. Surging demand for functional food ingredients and flavanones food products is expected to render profitable opportunities to the vendors active in the global Flavanones Industry Advancements in flavanones production technology such as the use of co-cultures to produce microbial-based flavanones is expected to offer growth opportunities to the players active in the global flavanones market.
Key Players
Some of the key players in the global flavanones market are Kingherbs (China), Merck KGaA (Germany), Xi'an App-Chem Bio (Tech) Co. Ltd (China), ...
... Monteloeder (Spain), Chengdu Hawk Bio-Engineering Co. Ltd (China), INDOFINE Chemical Company, Inc. (US), Cayman Chemical (US), Bolise Co., Limited (China), Foodchem International Corporation (China), and Extrasynthese (France).
The global flavanones market has been segmented on the basis of type and application.
Based on type, the global flavanones market has been divided into hesperidin, naringenin, and others. The hesperidin segment is expected to gain the largest revenue share and exhibit the highest growth rate during the forecast period. This can be attributed to hesperidin’s potential biological effects such as antibacterial, antiviral, antifungal, inhibitory, anti-inflammatory, antioxidant, and anticarcinogenic. Additionally, it exhibits antiadipogenic activity, cardioprotective effects, and is beneficial in the treatment of Alzheimer's.
By application, the global flavanones market has been classified as functional food & beverages, pharmaceuticals and nutraceuticals, animal feed, and others. The pharmaceuticals and nutraceuticals segment is expected to garner the largest market share throughout the review period owing to the high consumption of flavanones in nutraceutical supplements. However, the functional food & beverages segment is expected to register the highest growth rate during the forecast period due to the increasing health awareness and consumption of functional food & beverages among the consumers.
Regional Analysis
The global flavanones market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.
The market in North America is projected to dominate the global flavanones market owing to the growing health concerns among consumers, who are switching to safer food alternatives. In addition, increasing health issues in the region such as cardiovascular diseases, obesity, and diabetes is also driving the growth of the North American flavanones market. The growing number of health-conscious consumers and a rise in inclination for food having functional properties are expected to drive the growth of the market in Asia-Pacific, which is expected to register the highest CAGR during the forecast period.
Browse More Information @ https://www.marketresearchfuture.com/reports/flavanones-market-7949
Add Comment
Business Articles
1. Single Screw Plastic Extruder Demystified For ManufacturersAuthor: ADVAN
2. Leed And Its Impact On Today's World
Author: Agile Advisors
3. Enhancing Safety And Sustainability: Tempgenius Blood Bank And Environmental Monitors
Author: Chris Miller
4. Verg Restoration
Author: PAVEL VERGULYANETS
5. Key Players And Competitive Landscape In The Insect Pest Control Sector
Author: MarketsandMarkets
6. Earthing Rod And Its Types
Author: EARTHING ROD AND ITS TYPES
7. Unveiling Excellence: The Journey Of A Pcb Manufacturer And The Innovations In Rigid-flex Pcbs
Author: Shenzhen Shuoqiang Electronics Co.,Ltd.
8. Exploring Multilayer Pcbs, Aluminum Base Pcbs, And Choosing The Right Pcb Supplier
Author: Shenzhen Shuoqiang Electronics Co.,Ltd.
9. Best Wati Alternatives In 2024 To Improve Customer Engagement
Author: Vilas
10. Revolutionizing Retail Spaces With Architectural Cad Design And Drafting Services
Author: Pavantheaecassociates
11. Professionell Diskning I Stockholm: Ta Hjälp Av Erfarna Diskare
Author: hemstandind i sigtuna
12. Canva Acquires Design Platform Affinity To Bring Professional Design Tools To Every Organization
Author: otis
13. Best Static And Dynamic Website In Mumbai
Author: Techstreat Web Solutions
14. Mastering The Road: The Essential Training For Becoming A School Bus Driver With Northstar Bus Lines
Author: Northstarbuslines
15. Exploring The Potential Of Hydrogen Technologies: A Clean Energy Revolution
Author: yogitamnm