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.
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.
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.
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
Business Articles1. The Ultimate Guide To Engagement Rings
Author: Gold Trunk
2. What’s So Special About A Pair Of Loake Shoes?
Author: Sherman Brothers
3. Know The Ultimate Impacts Of Global Market Research Experts
Author: Empirico Research
4. Satta Matka Rajdhani Day Guessing
Author: kamran ali
5. Overspray Removal On An Industrial Level By Jln
6. Fascinating Jewellery
7. Product Kitting – The Best Opportunity To Grow Your Business
8. Live Chat For Customer Service
Author: Surabhi Joshi
9. Polymer Binders Industry Global Market Recent Trends And Projected Market Size By 2020 – 2023
Author: Market Research Future
10. Advantages Of Hiring A Software Development Company
Author: Mario F. Davis
11. Make Construction Hassle-free With Ready Mix Concrete
Author: Dinesh Concrete
12. Breathable Films Market Share - Size, Growth, Trends, By 2023
Author: Market Research Future
13. Why Should Someone Hire A Pr Agency?
Author: Atul Singh Chaudhary
14. Erickson Beamon Earrings For Everyone
Author: Lisa Alfieri
15. 9 Reasons To Use Instagram For Business In 2020
Author: jessica0329 jessi