Isoflavones Market Share, Size & Industry Growth Report, 2020-2027
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Isoflavones Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The factors driving the growth of the isoflavones market are increasing awareness related to the consumption of naturally derived products among consumers and the growing population. Isoflavones help to reduce the risk of breast cancer, stroke, coronary heart diseases, and decrease cell multiplication to prohibit cancer cells' growth. Furthermore, isoflavones promote bone formation hence raising the bone mass. These products are increasingly used in the cosmetics industry to protect from sun damage, treat wrinkles, and can be used as a moisturizing agent. All these factors together are anticipated to drive the growth of the market over the forecast period. Augmenting demand by the food & beverage industry because of a high content of minerals, proteins, and vitamins also propels the growth of the global isoflavones market.
The surging demand for isoflavones from the nutraceuticals and dietary supplements sector is expected to boost the market growth owing to the rising issues of menopause which is shifting women's preference in favour of supplements with natural substitutes. Hence, the demand for isoflavones from the nutraceutical industry is predicted to expand the market size during the forecast period. However, growing allergies from soy-based products and side effects caused by excessive use of isoflavones like stomach irritations, itching, migraine, headache, digestive disorders, and cramping will hinder the market growth.
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Based on the region, North America is projected to lead the market over the forecast period. The increase in obesity cases in North America has shifted the focus on weight management techniques, hence encouraging the consumers to opt for healthy and natural food products and ingredients. This factor is boosting the demand for the isoflavones market. Obesity leads to various health issues, including conditions like hypertension, type 2 diabetes, stroke, heart disease, and several cancer types resulting in premature deaths. All these factors prompt consumers to shift towards a healthy lifestyle, thereby fuelling regional growth.
Isoflavones Market’s leading Manufacturers:
• NutraScience Labs
• Shanghai Freemen,LLC
• Cargill, Incorporated
• Nutra Green Biotechnology Co. Ltd.
• Sikko Industries Ltd.
• International Flavors & Fragrances Inc.
• BASF SE
Isoflavones Market Segmentation:
Segmentation by Source:
• Red Clover
Segmentation by Application:
• Food & Beverages
Segmentation by Form:
Segmentation by Region:
• North America
o United States of America
• Asia Pacific
o Rest of APAC
• United Kingdom
o Rest of Europe
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)
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GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.
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