Asia Pacific Flavonoids Market Size, Share & Industry Trends Analysis Report By Application, By Product (Functional Beverages, Functional Food, Dietary Supplements and Others), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Flavonoids Market would witness market growth of 12.6% CAGR during the forecast period (2022-2028).
Flavonoid content differs significantly between various dietary groups, as well as between various apple cultivars and apple parts. Apple peel contains a lot of flavonoids, with darker, redder, and bluer apples having larger concentrations. In order for apples to reach and maintain flavonoid levels, a variety of environmental factors that affect flavonoid content must be studied and regulated. These variables include fruit maturity, sunlight exposure, time spent in storage, and kind of storage.
The health benefits of these natural compounds are well known, and efforts are being made to separate the flavonoids from the other constituents. In a wide range of nutraceutical, pharmacological, therapeutic, and cosmetic applications, flavonoids are now seen as an essential component. This is explained by their ability to influence the activity of essential cellular enzymes as well as their anti-oxidative, anti-inflammatory, anti-mutagenic, and anti-carcinogenic capabilities.
The Asia-Pacific area has a very high prevalence of various diet-related chronic illnesses that can be avoided, such as obesity, type 2 diabetes, cardiovascular disease, and hypertension. The demand for flavonoids has grown as a result of these health concerns. This region also has a growing consumer base for nutraceuticals and beauty supplements in which china holds a significant stake. This has also raised the demand for flavonoids.
The China market dominated the Asia Pacific Flavonoids Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $125.5 Million by 2028.The Japan market is estimated to grow a CAGR of 11.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 13.3% during (2022 - 2028).
Based on Application, the market is segmented into Anthocyanins, Flavones, Anthoxanthins and Others. Based on Product, the market is segmented into Functional Beverages, Functional Food, Dietary Supplements and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ashland Global Holdings Inc., Indena S.p.A., Cayman Chemical Company, Inc., Foodchem International Corporation, Quercis Pharma AG, INDOFINE Chemical Company, Inc., Extrasynthese, Toroma GmbH, Organic Herb Inc., and Natural Remedies Private Limited.
Scope of the Study
Market Segments Covered in the Report:
- Functional Beverages
- Functional Food
- Dietary Supplements
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Ashland Global Holdings Inc.
- Indena S.p.A.
- Cayman Chemical Company, Inc.
- Foodchem International Corporation
- Quercis Pharma AG
- INDOFINE Chemical Company, Inc.
- Toroma GmbH
- Organic Herb Inc.
- Natural Remedies Private Limited
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