Press release
Isoflavones Market To Reach USD 45.22 Billion By 2027 With a CAGR of 12.9% - Emergen Research
Isoflavones Market | Emergen Research
The Global Isoflavones Market is projected to be worth USD 45.22 Billion by 2027, according to a current analysis by Emergen Research. The isoflavones market is observing a high demand attributed to growing cancer incidences. Cancer significantly impacts the societal and economic growth in the US and worldwide and is a major contributor to the cost burden of disease. It has been anticipated that 1,806,590 new cancer cases are likely to be diagnosed in the US in 2020, and 606,520 deaths will occur owing to the disease. Isoflavones play a crucial role in inhibiting the development and growth of cancer by gene modulation associated with apoptosis and cell cycle control.
Every industry in the world has been impacted to a medium to high extent by the emergence of new coronaviruses. Along with global lockdowns imposed by foreign governments, firms had to halt their supply chains and production processes, which had an impact on raw material costs and availability in previous years. However, as consumers' concerns about their health have grown, so has the demand for nutraceutical goods, which will continue to drive isoflavone demand over the projection period.
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The generation of oestrogen receptor breast cancer cells is often increased by soy isoflavones, which reduces the efficiency of various cancer treatments, including tamoxifen. Although these products aid in the treatment of menstrual-related disease, soy consumption is limited and excessive supplementation is discouraged for women with breast cancer. Additionally, by preventing the synthesis of thyroid hormone, these products may result in hypothyroidism and goitre.
Some Key Highlights from the Report
In September 2019, Frutarom Health, a firm engaged in healthy nutrition ingredients, launched an innovative range of organic soy isoflavones called Organic SoyLife Complex.
Three highly efficient extraction and purification methods of isoflavones are solidâ€phase extraction, Soxhlet extraction, and acceleratedâ€solvent extraction.
The growing demand for isoflavones from the personal care and cosmetics industry for the treatment of wrinkles, skin tightening, sun damage protection, and skin hydration is significantly driving the market growth.
Isoflavones are a rich source of antioxidants, which helps lower cholesterol levels, thereby protecting the cardiovascular system and reducing the risk of stroke and coronary heart disease.
There is a growing inclination amongst consumers across the globe towards healthy well-being and are conscious about their food consumption that has increased the usage of natural products like isoflavones.
Large-scale demand for isoflavones in cosmetic industries is acting as a significant driving factor in Europe's growth.
Key participants include BASF SE, Biomax, Cargill, Archer Daniels Midland Company, Nutra Green Biotechnology, DSM, International Flavors and Fragrances, Nexira Inc., Herbo Nutra, and SK Bioland, among others.
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Emergen Research has segmented the global Isoflavones market on the basis of source, form, application, and region:
Source Outlook (Revenue, USD Billion; 2017-2027)
Soy
Red Clover
Others
Form Outlook (Revenue, USD Billion; 2017-2027)
Liquid
Powder
Application Outlook (Revenue, USD Billion; 2017-2027)
Pharmaceuticals
Nutraceuticals
Cosmetics
Food & Beverage
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Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
MEA
Saudi Arabia
UAE
Rest of MEA
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Key Features of the Isoflavones Market Report:
The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
Evaluation of key current and emerging market trends and growth prospects
It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
Brief overview of industry with regards to research and development, technological advancements, and product development
In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
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