North America 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 North America Flavonoids Market would witness market growth of 11.5% CAGR during the forecast period (2022-2028).
It is histamine blocker that reduces inflammation brought on by arthritis, heart disease, allergies, and stomach ulcers. Over the forecast years, these attributes are anticipated to propel its market growth. Citrus fruits contain a lot of flavanones, which include hesperidin, eriodictyol, and naringenin. They have powerful antioxidant and anti-inflammatory properties, which are helpful in promoting cardiovascular health, and calm the nervous system.
Isoflavones like genistein, glycitein, and daidzein are mostly found in legumes like soybeans and soy products. The menstrual cycle is regulated and breast, endometrial, and prostate cancer risks are all reduced by isoflavones. Quercetin and kaempferol are two members of the widely dispersed subgroup of flavonoids known as flavonols. Foods high in flavonoids include onions, leeks, Brussels sprouts, kale, broccoli, tea, berries, beans, and apples.
Mexico remains one of the lowest flavonoids consuming countries, as no diets contain exceptional amounts of flavonoids in the region. This is because the region mostly consumes beans, meat, and dairy-based products only. Just like in Mexico and USA, similar diet consumption patterns are observed in Canada. This region is heavily dependent on industrial flavonoids for their daily intake. As such, the consumption of flavonoids product, especially functional beverages, is increasing rapidly.
The US market dominated the North America Flavonoids Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $367.8 Million by 2028.The Canada market is poised to grow at a CAGR of 14% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 13% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Flavonoids Market is Estimated 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.
Scope of the Study
Market Segments Covered in the Report:
- Functional Beverages
- Functional Food
- Dietary Supplements
- Rest of North America
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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