Phytoestrogen Supplements Market | Worldwide Industry Overview Forecasts and Key Players 2018-2023

Global Phytoestrogen Supplements Market Research Report, by Type (Flavonoids, Non-Flavonoids), Source (Nuts and Oilseeds), Application (Food & Beverages, Nutraceuticals, Cosmetics), by End-User (Hospitals, Research Organizations)–Global Forecast Till 2023

The global phytoestrogen supplements market is expected to register a CAGR of 6.1% during the forecast period of 2018 to 2023. Phytoestrogens are plant-derived xenoestrogens which are used to address issues associated with the decline of estrogen secretion during menopause. In the recent years, the demands for phytoestrogens have increased. This can be attributed to factors such as increasing female geriatric population, growing demands for nutraceutical, rising prevalence of acne, and increasing awareness regarding women health.

A majority of the phytoestrogens supplements consumption is restricted to the menopausal women for issues including hot flashes, night sweats, mood changes, depression, and others. The estimated age of the menopausal women is around 51 years. Thus, rising geriatric population is a major driving factor for the market. According to the United Census Bureau, the global-female-geriatric population is estimated to reach 4,139 million by 2030 from 3,601 million in 2015. Therefore, it is estimated that the market will propel in the presence of such trends during the forecast period.

In the past few years, the demands for the nutraceuticals have increased, and it is reported that phytoestrogens based nutraceuticals are extensively utilized for reducing the risks of osteoporosis, cardiovascular diseases, and others. Thus, with the growth of the nutraceutical industry, it is estimated that the demands for the phytoestrogens supplements will increase. In 2017, the Indian Brand Equity Foundation estimated that the Indian nutraceuticals market would reach a worth of USD 10 billion by 2022 at a CAGR of 21%.

Phytoestrogens supplements consumption incorporates the risks of endocrine disruption, uterine fibroids, endometriosis, and others indicating that they have the potential to cause adverse health effects. Thus, the presence of such risk factors followed by low healthcare expenditure within the middle and low-income countries are estimated to restrain the market growth during the forecast period.

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Top Players in Phytoestrogen Supplements Market:

Some of the key players in the global phytoestrogen supplements market are Nutritionexpress, Doterra, Naturesplus, Vitacost, Solaray, Helios, Archer Daniels Midland, SK Bioland, Medisys Biotech Pvt. Ltd., Guzen Development, Fujicco Co., Ltd, Aushadhi Herbal, Tradichem S.L, Frutarom Ltd., Nutra Green Biotechnology Co., Ltd., HerboNutram, and others.

Market Segmentation of Phytoestrogen Supplements Market:

The global phytoestrogen supplements market is segmented on the basis of type, source, application, end-user, and region. On the basis of type, the market is segmented into flavonoids and non-flavonoids. The flavonoids segment is sub-segmented isoflavones, coumestans, prenylflavonoids, and others. The isoflavones segment is further segmented into daidzein, genistein, glycitein, biochanin A, and others. The non- flavonoids segment is sub-segmented into lignans and stilbenes. By source, the market is categorized into nuts and oilseeds, soy products, cereals and bread, legumes, meat products, others. On the basis of application, the market is segmented into food & beverages, nutraceutical, cosmetics, and others. By end-user, the market is categorized into hospitals & clinics, research organizations, and others.

Regional Analysis of Phytoestrogen Supplements Market:

The global phytoestrogen supplements market is expected to register a CAGR of 6.1% during the forecast period of 2018 to 2023.
Phytoestrogens are plant-derived xenoestrogens which are used to address issues associated with the decline of estrogen secretion during menopause. In the recent years, the demands for phytoestrogens have increased. This can be attributed to factors such as increasing female geriatric population, growing demands for nutraceutical, rising prevalence of acne, and increasing awareness regarding women health.

A majority of the phytoestrogens supplements consumption is restricted to the menopausal women for issues including hot flashes, night sweats, mood changes, depression, and others. The estimated age of the menopausal women is around 51 years. Thus, rising geriatric population is a major driving factor for the market. According to the United Census Bureau, the global-female-geriatric population is estimated to reach 4,139 million by 2030 from 3,601 million in 2015. Therefore, it is estimated that the market will propel in the presence of such trends during the forecast period.

In the past few years, the demands for the nutraceuticals have increased, and it is reported that phytoestrogens based nutraceuticals are extensively utilized for reducing the risks of osteoporosis, cardiovascular diseases, and others. Thus, with the growth of the nutraceutical industry, it is estimated that the demands for the phytoestrogens supplements will increase. In 2017, the Indian Brand Equity Foundation estimated that the Indian nutraceuticals market would reach a worth of USD 10 billion by 2022 at a CAGR of 21%.

Phytoestrogens supplements consumption incorporates the risks of endocrine disruption, uterine fibroids, endometriosis, and others indicating that they have the potential to cause adverse health effects. Thus, the presence of such risk factors followed by low healthcare expenditure within the middle and low-income countries are estimated to restrain the market growth during the forecast period.

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Some of Major Table of Content for Phytoestrogen Supplements Market:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition
2.2 Scope of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations

Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation

Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
4.5 Macroeconomic Indicators

TOC Continued….!
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