Sarasota, FL, Dec. 19, 2016 (GLOBE NEWSWIRE) -- Zion Research has published a new report titled “Flavonoids Market (Anthocyanins, Flavones, Anthoxanthins, Flavanones, Isoflavones, and Chalcones) for Pharmaceutical, Food and Beverages, Nutraceuticals and Animal Feed: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”. According to the report, global demand for flavonoids market was valued at over USD 840.2 million in 2015, is expected to reach above USD 1047.63 million in 2021 and is anticipated to grow at a CAGR of slightly above 3.75% between 2015 and 2021.
Flavonoids are one of the highly consume phytonutrient from in fruits and plants. It is the pigmentation factor in plants which provide colors to the flowers and act as UV filtration in higher plants. They are also secondary metabolites of plants and fungus. Until now, approximately 5000 flavonoids have been discovered among which only a few are utilized as the coloring agent or antioxidant and preservative. Flavonoids reduce estrogen hormone which averts prostate, breast and many other types of cancer.
Browse through 33 Market Tables and 22 Figures spread over 110 Pages and in-depth TOC on “Global Flavonoids Market: By Type, Application, Size, Share, Trends, Analysis, Segment, and Forecast 2015-2021”.
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There has been the huge demand for junk food due to changing lifestyle which in turn has led to the potential growth of disorders such as obesity and high cholesterol. Hence, rising awareness regarding health consciousness among the young generation is driving the flavonoids market. Surging discretional income and easy availability of functional foods is expected to positively impact the growth of flavonoids market in the near future. Also, diverse applications of flavonoids in food and beverage industry and nutraceuticals industry help in bolstering the growth of flavonoids market. Surplus consumption of flavonoids can switch the flavonoids to mutagens which may obstruct the growth of flavonoids market. Nonetheless, untapped market of flavonoids in the emerging countries is likely to offer ample opportunities for flavonoids market in coming years.
Some of the major flavonoids types are anthocyanins, flavones, anthoxanthins, flavanones, isoflavonens and chalcones. Anthocyanins are considered as the major revenue generator segment due to the huge demand for anthocyanins from the food industry. Anthocyanins act as natural coloring agents in food and beverage industry. Flavones are expected to be the accelerated segment in the coming years. Flavonoids can be used as antioxidants, anti-inflammatory, coloring agent and as preservatives in the food industry. Some of the widespread applications of flavonoids are pharmaceutical, food and beverages, nutraceuticals and animal feed. Among all, nutraceuticals are the leading segment in the flavonoids market with significant market share. The use of flavonoids as functional food and food supplements for lowering weight and cholesterol spur the flavonoids market in nutraceuticals.
Browse the full "Flavonoids Market (Anthocyanins, Flavones, Anthoxanthins, Flavanones, Isoflavonens and Chalcones) for Pharmaceutical, Food and Beverages, Nutraceuticals and Animal Feed: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/flavonoids-market
North America held the largest market share in 2015 and was considered to be the highest revenue generating region for the flavonoids market. This is mainly contributed by rising prevalence of various diseases in this region due to hectic lifestyle of the population and high consumption of junk and fast food. Increased blood cholesterol level, due to high consumption of oily food causes health complexity. This boosts the growth of anti oxidant food market which in turn augments the market demand for flavonoids Escalating aging population in U.S and rising awareness regarding health among the young generation has led to high growth of anti oxidant food. Growing number of obese patients in the U.S. is likely to trigger the demand for flavonoids market in the near future.
Europe is predicted to witness significant growth over the coming years. Increasing aging population along with growing demand for stress relief, low cholesterol and anti- inflammatory product drives the market for flavonoids in this region. Europe is anticipated to witness lucrative growth in the market within the forecast period as the region is regaining its economic strength after the economic crisis of 2012. This factor is anticipated to show lucrative growth for flavonoids market. Animal feed market was the largest application segment in Europe and accounts for 16% of total meat production worldwide. Asia Pacific is expected to exhibit the fastest growth within the forecast period particularly due to economies such as India, China, and Japan. Rising discretional income and rapid urbanization led to high spending on food supplements in these regions fuel the demand for flavonoids products. Ever-increasing attractiveness towards trim and healthy body among the young women is expected to thrust the growth of flavonoids market. Furthermore, there has been tremendous growth in food and beverage industry in Asia Pacific which may raise the flavonoids market in near future.
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Latin America, Middle East, and Africa are likely to experience lucrative growth over the coming years. This is mainly attributed to growing awareness for antioxidants and growing incidence of various disorders. Rapidly escalating food and beverage industry in Brazil contributes to the high growth of flavonoids market in Latin America. The presence of abundant raw source for flavonoids may surge the market growth within the forecast period.
Kemin Industries, Foodchem International Corporation, EXTRA SYNTHE SE, Meherrin Agricultural & Chemical Company, Cayman Chemical Company, Quercegen Pharmaceuticals, International Flavors and Fragrances, Aquapharm Bio-Discovery Limited and Indofine Chemical Company Inc among others are some of the major players in the flavonoids market.
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This report segments the flavonoids market as follows:
Flavonoids Market: Type Segment Analysis
- Anthocyanins
- Flavones
- Anthoxanthins
- Flavanones
- Isoflavonens
- Chalcones
Flavonoids Market: Application Segment Analysis
- Pharmaceutical
- Food and beverages
- Nutraceuticals
- Animal feed
Flavonoids Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- Germany
- France
- U.K.
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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