The Europe Isoflavones Market would witness market growth of 6% CAGR during the forecast period (2021-2027).
Women are switching to supplements that have naturally therapeutic ingredients to assist them in managing menopausal systems securely. Makers of the supplements have switched to natural options due to the changing preferences of women. They have started to utilize soy isoflavones rather than estrogen as it resembles estrogen characteristics and offers estrogen effects that help in decreasing menopausal symptoms like fatigue and hot flashes. The demand for isoflavones would be high in the nutraceutical industry over the forthcoming years due to the increase in the issues associated with menopause and rising inclinations of women toward supplements with natural options.
Isoflavones are utilized in cosmetics products for the treatment of sun damage, skin firming, wrinkles, and as a moisturizing agent. In addition, the increase in the usage of isoflavones in cosmetics as well as the food & beverage industry would accelerate the development of the isoflavones market during the forecasting period. On the other hand, some of the obstacles to the growth of the global isoflavones market include the side effects like food allergies, thyroid disorders, and higher heart rate auxiliary due to the over-consumption of the product.
The European region garnered the highest revenue share of the isoflavones market over the forthcoming years. Massive demand for isoflavones in cosmetic industries would create new growth avenues for the players operating in the regional isoflavones market. The rise in the demand for isoflavones has motivated the regional players to put heavy investments in R&D activities to examine new applications for isoflavones.
Conversely, government norms in the countries of the region create a barrier to the growth of the isoflavones market. In the EU, health claims including isoflavones are subject to strict norms. Players operating in the region are offering scientifically based data on the efficiency of their isoflavones products. These factors are anticipated to accelerate the demand & growth of the isoflavones market in the regional market.
The Germany market dominated the Europe Food & Beverages Market by Country 2020, thereby, achieving a market value of $11,715.1 Thousands by 2027. The UK market is showcasing a CAGR of 6.5% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 8.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Isoflavones Market Size will Hit USD 1.4 Billion by 2027, at a CAGR of 6.4%
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.
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