The Latin America, Middle East and Africa Flavonoids Market would witness market growth of 15.5% CAGR during the forecast period (2022-2028).
Flavonoids are mostly produced industrially as isoflavones, anthocyanin, and other product types. It is frequently used in the pharmaceutical and nutraceutical industries for tablets, supplements, and capsules. Cosmetics and functional food and beverages are some other just uses of flavonoids. In the food business, they serve as coloring and sweetening agents. They treat stomach ulcers, stop the formation of cancerous cells, and serve as an anti-microbial, preventing infections.
Additionally, it is often utilized to treat conditions like arthritis, cancer, cardiovascular disease, obesity, and hypertension. Researchers think flavonoids may benefit the brain by protecting brain cells because of their anti-inflammatory effects and ability to combat free radicals. According to research conducted on animals, flavonoids prevent the buildup of beta-amyloid plaque, a hallmark of Alzheimer's disease, in the brain. Additionally, flavonoids may improve blood flow to the brain, which has positive effects on both the brain and the cardiovascular system.
The Latin American region has one of the lowest consumption rates of flavonoids through natural products. The negligible intake of flavonoids reaches drinks and foods, and a diet centered on meat is the reason behind this. Africa follows the suit of Latin America and falls in the same category of low consumption of flavonoids. The high tea intake of the Middle East region, on the other hand, puts them on the opposite end of the spectrum. A recent study in Iran indicates a mean intake of 1650 mg per day in the Middle East.
The Brazil market dominated the LAMEA Flavonoids Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $23.5 Million by 2028.The Argentina market is experiencing a CAGR of 16.2% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 15.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Flavonoids Market is Predict to reach $1.5 Billion by 2028, at a CAGR of 12.1%
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.
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