Global Flavonoid Market Size, Trends, By Type (Anthocyanin, Anthoxanthin, Flavones, Flavonol, and Others), By Application (Pharmaceuticals, Food & Beverages, Nutraceuticals, Animal Feed, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
Global Flavonoid Market
The Global Flavonoid Market was valued at US$ 1.26 Bn in 2022, estimated to reach US$ 1.91 Bn by 2030, with a CAGR of 4.96% from 2023-2030.
Flavonoids are a diverse group of naturally occurring polyphenolic compounds that are widely distributed in the plant kingdom. They are responsible for the vivid colors of flowers, fruits, and leaves and play important roles in protecting plants against environmental stressors. Flavonoids have been found to exhibit a wide range of biological activities, including antioxidant, anti-inflammatory, antimicrobial, and anticancer properties, among others.
They are also known to modulate various signaling pathways and gene expression, which makes them attractive as potential therapeutic agents. Flavonoids are commonly consumed in the diet, especially in fruits, vegetables, and beverages such as tea, coffee, and wine. Due to their potential health benefits, flavonoids have gained considerable attention in recent years, and there is growing interest in their use as functional food ingredients and nutraceuticals.
Market Drivers
The market for flavonoids is being driven by the increasing consumer demand for natural and functional ingredients in food and dietary supplements. There is an increasing awareness among consumers regarding the health benefits of flavonoids, which has led to increased research and development activities in the field. This has resulted in the discovery of new flavonoid sources and their potential health benefits, driving the demand for these compounds.
The increasing prevalence of chronic diseases such as cancer, cardiovascular diseases, and diabetes has led to a greater focus on natural and plant-based ingredients such as flavonoids as a means of preventing and managing these conditions.
Market Restraints
The global flavonoid market may be restrained by the limited availability of raw materials required to produce flavonoids, as they are primarily derived from plant sources, and any change in the availability of these sources can impact the production of flavonoids.
Additionally, the high cost of production and extraction of flavonoids can also pose a challenge to the growth of the market, as it can make the end products more expensive and less accessible to consumers. The limited awareness and understanding of the benefits of flavonoids among consumers, particularly in emerging markets, can also be a restraint, as it can limit the demand for flavonoid-based products.
Market Segmentation
The scope of the global flavonoid market covers segmentation based on type, application, and region.
Based on the types, the flavonoid market is segmented into Anthocyanin, Anthoxanthin, Flavones, Flavonol, and others. Further, the market is segmented into applications, such as pharmaceuticals, food & beverages, nutraceuticals, animal feed, and others.
Regional Analysis
The global flavonoid market is segmented into 5 main regions, namely, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The global flavonoid market is dominated by the Asia Pacific region, mainly due to the high consumption of flavonoid-rich foods such as green tea, soy products, and fruits in countries such as China, Japan, and India. The increasing health awareness among consumers and the growing demand for natural and healthy food ingredients are some of the key factors driving the market growth in this region.
Additionally, the increasing investments by manufacturers in R&D activities to develop new flavonoid-based products are also expected to boost the growth of the market in the Asia Pacific region.
Key Players
Cayman Chemical, Organic Herb Inc, Archer Daniels Midland Company, BASF SE, Indena S.p.A., Toroma Organics Ltd, Foodchem International Corporation, Layn Natural Ingredients, Givaudan International SA, Enomark Biotech, Nexira, etc.
Market Taxonomy
By Type
• Anthocyanin
• Anthoxanthin
• Flavones
• Flavonol
• Others
By Application
• Pharmaceuticals
• Food & Beverages
• Nutraceuticals
• Animal Feed
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the key opportunities in the Global Flavonoid Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the market?
• What is the competitive landscape in the industry?
• What is the role of key players in the value chain?
Global Flavonoid Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Flavonoid Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Flavonoid Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Flavonoid Market Share Analysis, By Type
5.3 Global Flavonoid Market Size and Forecast, By Type
5.3.1 Anthocyanin
5.3.2 Anthoxanthin
5.3.3 Flavones
5.3.4 Flavonol
5.3.5 Others
6 Global Flavonoid Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Flavonoid Market Share Analysis, By Application
6.3 Global Flavonoid Market Size and Forecast, By Application
6.3.1 Pharmaceuticals
6.3.2 Food & Beverages
6.3.3 Nutraceuticals
6.3.4 Animal Feed
6.3.5 Others
7 Global Flavonoid Market, By Region
7.1 Global Flavonoid Market Share Analysis, By Region
7.2 Global Flavonoid Market Size and Forecast, By Region
7.3 Global Flavonoid Market Trends and Forecast, By Region
8 North America Flavonoid Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Flavonoid Market Share Analysis, By Type
8.3 North America Flavonoid Market Size and Forecast, By Application
8.4 North America Flavonoid Market Size and Forecast, By Country
8.4.1 U.S.
8.4.1.1 Market Size and Forecast, By Type
8.4.1.2 Market Size and Forecast, By Application
8.4.2 Canada
8.4.2.1 Market Size and Forecast, By Type
8.4.2.2 Market Size and Forecast, By Application
8.4.3 Mexico
8.4.3.1 Market Size and Forecast, By Type
8.4.3.2 Market Size and Forecast, By Application
9 Europe Flavonoid Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Flavonoid Market Share Analysis, By Type
9.3 Europe Flavonoid Market Size and Forecast, By Application
9.4 Europe Flavonoid Market Size and Forecast, By Country
9.4.1 Germany
9.4.1.1 Market Size and Forecast, By Type
9.4.1.2 Market Size and Forecast, By Application
9.4.2 France
9.4.2.1 Market Size and Forecast, By Type
9.4.2.2 Market Size and Forecast, By Application
9.4.3 UK
9.4.3.1 Market Size and Forecast, By Type
9.4.3.2 Market Size and Forecast, By Application
9.4.4 Russia
9.4.4.1 Market Size and Forecast, By Type
9.4.4.2 Market Size and Forecast, By Application
9.4.5 Italy
9.4.5.1 Market Size and Forecast, By Type
9.4.5.2 Market Size and Forecast, By Application
9.4.6 Spain
9.4.6.1 Market Size and Forecast, By Type
9.4.6.2 Market Size and Forecast, By Application
9.4.7 Rest of Europe
9.4.7.1 Market Size and Forecast, By Type
9.4.7.2 Market Size and Forecast, By Application
10 Asia Pacific Flavonoid Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Flavonoid Market Share Analysis, By Type
10.3 Asia Pacific Flavonoid Market Size and Forecast, By Application
10.4 Asia Pacific Flavonoid Market Size and Forecast, By Country
10.4.1 China
10.4.1.1 Market Size and Forecast, By Type
10.4.1.2 Market Size and Forecast, By Application
10.4.2 Japan
10.4.2.1 Market Size and Forecast, By Type
10.4.2.2 Market Size and Forecast, By Application
10.4.3 India
10.4.3.1 Market Size and Forecast, By Type
10.4.3.2 Market Size and Forecast, By Application
10.4.4 South Korea
10.4.4.1 Market Size and Forecast, By Type
10.4.4.2 Market Size and Forecast, By Application
10.4.5 Australia
10.4.5.1 Market Size and Forecast, By Type
10.4.5.2 Market Size and Forecast, By Application
10.4.6 New Zealand
10.4.6.1 Market Size and Forecast, By Type
10.4.6.2 Market Size and Forecast, By Application
10.4.7 Singapore
10.4.7.1 Market Size and Forecast, By Type
10.4.7.2 Market Size and Forecast, By Application
10.4.8 Malaysia
10.4.8.1 Market Size and Forecast, By Type
10.4.8.2 Market Size and Forecast, By Application
10.4.9 Rest of Asia
10.4.9.1 Market Size and Forecast, By Type
10.4.9.2 Market Size and Forecast, By Application
11 Latin America Flavonoid Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Flavonoid Market Share Analysis, By Type
11.3 Latin America Flavonoid Market Size and Forecast, By Application
11.4 Latin America Flavonoid Market Size and Forecast, By Country
11.4.1 Brazil
11.4.1.1 Market Size and Forecast, By Type
11.4.1.2 Market Size and Forecast, By Application
11.4.2 Argentina
11.4.2.1 Market Size and Forecast, By Type
11.4.2.2 Market Size and Forecast, By Application
11.4.3 Colombia
11.4.3.1 Market Size and Forecast, By Type
11.4.3.2 Market Size and Forecast, By Application
11.4.4 Peru
11.4.4.1 Market Size and Forecast, By Type
11.4.4.2 Market Size and Forecast, By Application
11.4.5 Chile
11.4.5.1 Market Size and Forecast, By Type
11.4.5.2 Market Size and Forecast, By Application
11.4.6 Venezuela
11.4.6.1 Market Size and Forecast, By Type
11.4.6.2 Market Size and Forecast, By Application
11.4.7 Rest of Latin America
11.4.7.1 Market Size and Forecast, By Type
11.4.7.2 Market Size and Forecast, By Application
12 Middle East Flavonoid Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Flavonoid Market Share Analysis, By Type
12.3 Middle East Flavonoid Market Size and Forecast, By Application
12.4 Middle East Flavonoid Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.1.1 Market Size and Forecast, By Type
12.4.1.2 Market Size and Forecast, By Application
12.4.2 UAE
12.4.2.1 Market Size and Forecast, By Type
12.4.2.2 Market Size and Forecast, By Application
12.4.3 Egypt
12.4.3.1 Market Size and Forecast, By Type
12.4.3.2 Market Size and Forecast, By Application
12.4.4 Kuwait
12.4.4.1 Market Size and Forecast, By Type
12.4.4.2 Market Size and Forecast, By Application
12.4.5 South Africa
12.4.5.1 Market Size and Forecast, By Type
12.4.5.2 Market Size and Forecast, By Application
12.4.6 Rest of Middle East & Africa
12.4.6.1 Market Size and Forecast, By Type
12.4.6.2 Market Size and Forecast, By Application
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Cayman Chemical
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Organic Herb Inc
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Archer Daniels Midland Company
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 BASF SE
14.4.1 Overview
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Indena S.p.A.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Toroma Organics Ltd
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Foodchem International Corporation
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Layn Natural Ingredients
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Givaudan International SA
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Enomark Biotech
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11 Nexira
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies
