Growing Demand for Natural Antioxidant Taxifolin Drives Market Expansion and Application Diversity | Fact.MR Report

The global taxifolin (dihydroquercetin) market has witnessed steady growth at a CAGR of 5% over the past half-decade. However, due to the ongoing COVID-19 outbreak in South Asia & Oceania and North America, food and beverage production reduced during Q2 of FY2020, which has had a domino effect on the taxifolin market.

Download Sample Copy of This Report:

https://www.factmr.com/connectus/sample?flag=S&rep_id=2801

Despite the extensive utilization of taxifolin in pharmaceuticals, the market has declined more than 1.5 fold in the 2nd quarter of FY2020, and has remained in the same position till the mid-3rd quarter of FY2020. Resumption of beverage & agriculture chemicals production across regions has provided a thrust to the expansion of the taxifolin market size.

Key Takeaways of Taxifolin Market

• Increasing demand for natural antioxidants: Taxifolin, also known as dihydroquercetin, is a natural antioxidant found in various plant-based sources such as conifer trees, fruits, and vegetables. As consumers become more conscious about their health and seek natural alternatives to synthetic antioxidants, the demand for taxifolin has been on the rise. Taxifolin is recognized for its potential health benefits, including antioxidant, anti-inflammatory, and anticancer properties, which has led to its incorporation in dietary supplements, functional foods, and nutraceuticals.

• Wide application in various industries: Taxifolin has a wide range of applications across different industries. In the pharmaceutical industry, taxifolin is utilized for its potential therapeutic properties and is being studied for its anti-inflammatory, antiviral, and hepatoprotective effects. In the food and beverage industry, taxifolin is used as a natural food additive and preservative due to its antioxidant properties. Additionally, taxifolin finds applications in the cosmetic industry as an ingredient in skincare products due to its potential anti-aging and skin-protective effects.

• Growing interest in plant-based ingredients: The global shift towards natural and plant-based ingredients in various industries has contributed to the increasing demand for taxifolin. Consumers are seeking products with clean labels and natural ingredients, driving the demand for taxifolin as a natural antioxidant and functional ingredient. This trend is particularly prominent in the food and beverage industry, where taxifolin is used as a natural alternative to synthetic antioxidants in preserving food quality and extending shelf life.

• Potential health benefits driving research and development: The potential health benefits of taxifolin have spurred research and development activities in the industry. Scientists and researchers are studying the various biological activities and therapeutic applications of taxifolin, including its potential role in preventing chronic diseases, managing oxidative stress, and supporting overall health and wellness. Ongoing research efforts aim to further understand the mechanisms of action and explore new applications for taxifolin, which could contribute to its market growth in the future.

Get Customization on this Report for Specific Research Solutions:

https://www.factmr.com/connectus/sample?flag=RC&rep_id=2801

Taxifolin Market: Segmentation

Fact.MR has studied the taxifolin market with detailed segmentation on the basis of purity, application, and key regions.

Purity

•

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of industry research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.