Vancouver, British Columbia, Dec. 10, 2020 (GLOBE NEWSWIRE) -- The Global Isoflavones Market is projected to be worth USD 45.22 Billion by 2027, according to the current analysis by Emergen Research. The isoflavones market is observing a high demand attributed to the growing geriatric population. It has been estimated that by 2050 approximately 16.0% of the global population will be over 65 years of age, a five-fold rise since 1950. Older people suffer from several health conditions and are at a high risk of chronic diseases, thereby playing a significant role in market growth. Furthermore, isoflavones are also considered beneficial in the reduction of cardiovascular disease risk by protecting against LDL (low-density lipoprotein) cholesterol oxidation and oxidized LDL development, thus safeguarding the cardiovascular system and lowering the risk of coronary heart disease and stroke.
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Key Highlights From The Report
- In August 2019, USANA made an announcement about the introduction of USANA EstroPro^™, an upgraded formulation of its health supplement PhytoEstrin^™ for women. EstroPro is formulated from isoflavones, an estrogen-like compound, derived from red clover and soy, along with flaxseed and licorice.
- Isoflavones possess potential anti-viral properties, which find usage in decreasing PRRS (porcine reproductive and respiratory syndrome) mortality, thus boosting the market demand.
- Isoflavones are rich sources of anti-oxidant compounds that lessen damage due to oxygen or free radicals and aid in combatting cancer.
- The isoflavones market growth in North America is attributed to the presence of leading soybean producers in the region. A rise in the obese youth population in the region and growing consumer emphasis on healthy lifestyle and weight management is driving the market growth in the region.
- Key participants include BASF SE, Biomax, Cargill, Archer Daniels Midland Company, Nutra Green Biotechnology, DSM, International Flavors and Fragrances, Nexira Inc., Herbo Nutra, and SK Bioland, among others.
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Emergen Research has segmented the Global Isoflavones Market on the basis of source, form, application, and region:
- Source Outlook (Revenue, USD Billion; 2017-2027)
- Soy
- Red Clover
- Others
- Form Outlook (Revenue, USD Billion; 2017-2027)
- Liquid
- Powder
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Pharmaceuticals
- Nutraceuticals
- Cosmetics
- Food & Beverage
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- Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- Rest of MEA
- North America
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