Asia Pacific Isoflavones Market By Form (Powder and liquid), By Application (Pharmaceuticals, Nutraceuticals, Cosmetics and Food & Beverages), By Source (Red Clover, Soy and Other Sources), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Isoflavones Market would witness market growth of 7.9% CAGR during the forecast period (2021-2027).
Isoflavones refer to a kind of organic compound and are a subclass of flavonoids and show phytoestrogen properties. The most common sources of isoflavones are red clover, alfalfa, soybeans, and red clover. They are utilized in the manufacturing of different kinds of cosmetics and skin-care products like face creams and moisturizers.
Isoflavones are capable of decreasing the possibility of breast cancer and preventing the development of cancer cells by inhibiting cell proliferation. They are also the source of antioxidants that decreases cholesterol levels, hence safeguarding the cardiovascular system and declining the possibility of stroke & coronary heart disease. Moreover, isoflavones increase bone mass and promote bone formation. These are also utilized in cosmetics for the treatment of wrinkles, skin firming, and provide protection against sun damage, and are also utilized as a moisturizing agent.
The growth of the regional market is boosted by the factors like constant development in the food & beverages sectors in emerging nations like China and India. In addition, the higher awareness of the advantages of isoflavones-based products acts as the catalyst for the growth & demand of isoflavones in the regional market.
The growth of the regional market would also be fueled by the increasing utilization of isoflavones in cosmetics. Moreover, the application of isoflavones in the food & beverage industry and pharmaceuticals is expected to boost the growth of the regional isoflavones market. The increasing disposable income and surge in the demand for dietary supplements are some of the factors boosting the growth of the regional isoflavones market during the forecast years.
The China market dominated the Asia Pacific Soy Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $68,940 Thousands by 2027. The Japan market is exhibiting a CAGR of 6.6% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 8.1% during (2021 - 2027).
Based on Form, the market is segmented into Powder and liquid. Based on Application, the market is segmented into Pharmaceuticals, Nutraceuticals, Cosmetics and Food & Beverages. Based on Source, the market is segmented into Red Clover, Soy and Other Sources. 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 Archer Daniels Midland Company, BASF SE, Koninklijke DSM N.V., International Flavors & Fragrances, Inc. (DuPont Nutrition), Shanghai Freemen, LLC, Nexira, Inc., Hyundai Bioland, Tradichem S.L., FutureCeuticals, Inc. (R. J. Van Drunen & Sons, Inc.), and Lactonova Nutripharm Pvt. Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Food & Beverages
- Red Clover
- Other Sources
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Archer Daniels Midland Company
- BASF SE
- Koninklijke DSM N.V.
- International Flavors & Fragrances, Inc. (DuPont Nutrition)
- Shanghai Freemen, LLC
- Nexira, Inc.
- Hyundai Bioland
- Tradichem S.L.
- FutureCeuticals, Inc. (R. J. Van Drunen & Sons, Inc.)
- Lactonova Nutripharm Pvt. Ltd.
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