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Isoflavones Market Analysis 2023: Market Growth Rate, Competitive Landscape And Top Opportunities By 2032
Isoflavones Market
The Business Research Company's Isoflavones Global Market Report 2023 identifies increasing use of isoflavones as the major driver for the Isoflavones market's growth in the forecast period. The cosmetic industry refers to the industry that comprises of manufacturing and distribution of various skin care products. Isoflavone is used in skincare products that include aglycones and daidzein.
The global isoflavones market is expected to grow from $18.8 billion in 2022 to 21.14 billion in 2023 at a compound annual growth rate (CAGR) of 12%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The isoflavones market is expected to reach $33.01 billion in 2027 at a CAGR of 11.8%.
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Major competitors in the Isoflavones market are Cargill Incorporated, The Archer-Daniels-Midland Company, BASF SE, International Flavors & Fragrances Inc., Koninklijke DSM N.V., Otsuka Pharmaceutical Co. Ltd.
A key trend in the Isoflavones market includes product innovations. Major companies operating in the isoflavones market are introducing innovative products with isoflavones to sustain their position in the market. For instance, in October 2022, PharmaLinea, a Slovenia-based manufacturer of food supplements, launched Meno Ease Capsules, an advanced whole-body menopause supplement. These supplements include soy isoflavones for menopause symptom relief using an advanced version of the recognized classic matevz ambrozic.
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The Isoflavones market is segmented -
• By Source: Soybean, Peanut, Chickpea, Clover, Other Sources
• By Nature: Organic, Conventional
• By Form: Powder, Liquid
• By Application: Food And Beverages, Nutraceuticals, Cosmetics, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Isoflavones market.
The Business Research Company's "Global Isoflavones Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Isoflavones Market Include:
1. Executive Summary
2. Isoflavones Market Characteristics
3. Isoflavones Market Trends And Strategies
4. Isoflavones Market - Macro Economic Scenario
5. Global Isoflavones Market Size and Growth
………………………………………………………………..
32. Global Isoflavones Market Competitive Benchmarking
33. Global Isoflavones Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Isoflavones Market
35. Isoflavones Market Future Outlook and Potential Analysis
36. Appendix
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