The global flavonoid market size surpassed USD 1,300 million in 2024 and is predicted to reach around USD 2,760 million by 2034, registering a CAGR of 7.8% from 2024 to 2034.
The flavonoid market consists of a natural compound called flavonoid which is beneficial for health. The flavonoid-rich food and supplements are in demand due to health-conscious consumers. Functional foods and nutraceuticals enriched in flavonoids are also growing in demand due to their health benefits. Manufacturers are adopting natural ingredients and flavonoids because of their natural components, driving the demand for this market.
There are some limitations to flavonoid market growth, such as the availability of raw materials is limited. The production cost of rare varieties is very high. The research on biodiversity is limited which restrain the market growth. However, some segments are driving the market demand. The food sector is attracted to food colors, therefore the demand for anthocyanin-rich ingredients is increasing as it can impart a desired color to foods and beverages. Naturally produced food and beverages are in demand, increasing the market demand. Flavonoids are used in products like healthy juices, snacks, and dairy products. The flavonoid market growth is rising with rising consumer awareness about flavonoids. The technological advancements in extraction and formulation improve flavonoid production. The recent research developments in flavonoids show their potential therapeutic effects in treating cancer and other cardiovascular diseases. Consumers are now inclining towards anti-aging solutions, raising the demand for flavonoids.
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| Stats ID: | 7873 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7873 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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