Press release
Kaempferol Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033
The Business Research Company offers in-depth market insights through Kaempferol Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The kaempferol market size has grown strongly in recent years. It will grow from $3.92 billion in 2023 to $4.14 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to plant-based nutrition research, biomedical and pharmacological studies, increased focus on antioxidants, biotechnological advancements, botanical and phytochemical studies.
The kaempferol market size is expected to see steady growth in the next few years. It will grow to $4.96 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to health and wellness trends, increased focus on antimicrobial propertie, genetic modification for enhanced production, healthcare shift towards preventive measures, rise in personalized medicine. Major trends in the forecast period include kaempferol for cardiovascular health, kaempferol in sports nutrition, biofortification of crops for higher kaempferol content, increased research in neuroprotective effect, kaempferol-fortified functional beverages.
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Market Segmentation:
The kaempferol market covered in this report is segmented -
1) By Source: Tea, Fruits, Vegetables, Medicinal Plants
2) By Purity: 10%, 20%, 50%,95%,98%
3) By Application: Food And Beverages, Cosmetics, Pharmaceuticals, Dietary Supplements, Other Applications
Major Driver - Rising Prevalence Of Cancer To Drive Market Growth
The increasing prevalence of cancer is expected to propel the growth of the kaempferol market going forward. Cancer is a category of illnesses that can develop in nearly any organ or tissue in the body when abnormal cells grow uncontrollably, cross their usual boundaries, and either spread to other organs or infect neighboring body parts. Kaempferol, a phytoestrogen from plants, kills cancer cells by inducing apoptosis, halting the cell cycle, and preventing blood vessel development, migration, and attack of cancer cells. For instance, according to Cancer Research UK, a UK-based cancer research organization, approximately 18 million new cancer cases were detected in 2020. Further, there would be 28 million new cancer cases globally each year by 2040, a 54.9% increase over 2020, and is predicted to be more prominent in males (60.6% increase) than girls (48.8% increase). Therefore, the increasing prevalence of cancer is driving the growth of the kaempferol market.
Competitive Landscape:
Major companies operating in the kaempferol market report are Fujifilm Wako Pure Chemical Corporation, Merk Millipore, LGC Group, Abcam plc, ChromaDex Corporation, Cayman Chemical Company, BioVision Inc., Clearsynth Labs Ltd., Enzo Life Sciences Inc., Santa Cruz Biotechnology Inc., AppliChem GmbH, Conagen Inc., MedChemExpress LLC, BioBioPha Co. Ltd., FoodChem International Corporation, Oakwood Products Inc., Spectrum Chemical Mfg. Corp., Aktin Chemicals Inc., BOC Sciences, AK Scientific Inc., Chemfaces Biochemical Co. Ltd, INDOFINE Chemical Company Inc., Risun Bio-Tech Inc., Shaanxi NHK Technology, TCI Chemicals (India) Pvt. Ltd.
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Top Trend - Rise Of Cosmetics Industry To Drive Market Growth
The increasing expansion of the cosmetics industry is expected to propel the growth of the kaempferol market going forward. The cosmetics industry refers to the sector involved in the production, distribution, and sale of products designed for personal care and beautification. Kaempferol is utilized in cosmetics for its antioxidant properties and potential benefits for skin health. Its anti-inflammatory and anti-aging properties make it a sought-after ingredient, often incorporated into skincare products to promote skin wellness and protect against environmental stressors. For instance, in April 2023, according to the International Trade Administration, a US-based government agency, in China, cosmetics and beauty products sales grew by 10% in 2020 to $88 billion in 2021. Furthermore, in July 2022, the Canadian cosmetics industry earned about $1.24 billion in 2021, and by 2024, industry revenue is anticipated to increase by 1.45% annually to reach $1.8 billion. Therefore, the increasing expansion of the cosmetics industry is driving the growth of the kaempferol market.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Kaempferol Market Characteristics
3. Kaempferol Market Trends And Strategies
4. Kaempferol Market - Macro Economic Scenario
5. Kaempferol Market Size And Growth
…..
27. Kaempferol Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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