Lignans Market's Size Mastery: Dominating the Landscape with 7.62% CAGR by 2031

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Lignans Market Size, Share & Trends Analysis Report by Source (Oilseeds, Cereals, Plant Resins, Fruits And Others), Application (Food, Cosmetic, Pharmaceutical, Animal Feed And Others) And Distribution Channel (Offline And Online)- Market Outlook And Industry Analysis 2031"

The global lignans market is estimated to reach over USD 785.95 million by 2031, exhibiting a CAGR of 7.62% during the forecast period.

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Lignans are a sizable group of polyphenolic substances found in plants called phytochemicals. They are secondary metabolites from vascular plants that serve various physiological purposes. Plant lignans are described as polyphenolic compounds produced from phenylalanine by dimerizing modified cinnamic alcohols known as monolignols to a dibenzylbutane skeleton. Due to their potential to promote health and stave off sickness, lignans are widely used in human diets. Lignans are widely used in the pharmaceutical sector due to consumer preference for biobased medicinal goods over synthetic medications.

The need for lignans in the pharmaceutical industry has been fueled by their beneficial qualities, which include anticancer, antiviral, antioxidant, anti-inflammatory, and others. Given that they actively support healthy digestive, colon, prostate, ovarian, and uterine functions, lignans are also increasingly used to create functional foods and nutraceuticals. The expanding use of nutraceuticals in industrialized nations and the desire for functional foods has driven the demand for lignans. The lignans are expected to benefit from the cosmetic industry as they are increasingly employed in shampoos, anti-ageing treatments, and moisturizers. During the projected period, the pharma sector's rapid expansion will likely favourably impact the lignans market.

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List of Prominent Players in the Lignans Market:
• BioGin Biochemicals Co. Ltd.
• Hunan Nutramax Inc.
• Naturalin Bio-Resources Co. Ltd
• Shaanxi Zebrago Industrial Co. Limited
• Xian Lyphar Biotech Co. Ltd.
• Kingherbs Hanzhong Penghong Tianyi Biotech Co. Ltd.
• Hebei Xinqidian Biotechnology Co. Ltd
• Skuny Bioscience Co. Ltd.
• TSKG Products LLC
• Ipsen
• Meiherb Biotech Co. Ltd.
• Ningbo United Plant Technology Co. Ltd.
• Zebrago Herb
• Caldic Canada Inc.
• Archer Daniels Midland Company
• Kingherbs Limited

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Market Dynamics:
Drivers-
Dietary supplements are becoming increasingly popular for treating gastrointestinal and gut diseases since they are thought to boost immunity in general. It is anticipated that high demand for the product in dietary supplements will decrease need for lignans. Manufacturers of cosmetics are incorporating lignans into goods like shampoos, anti-aging items, and moisturizers to prevent dryness and soften the skin and for people with poor complexions. Antioxidant, antibacterial, antiviral, antimitotic, antifungal, and anticancer effects are all provided by lignans. Heart disease, menopausal symptoms, osteoporosis, and breast cancer are serious ailments that are inhibited by lignans' outstanding bioactive qualities. Due to their biological advantages, lignans are frequently employed in the pharmaceutical industry to make medications. Thus, all these factors drive market growth over the forecast period.

Challenges:
In contrast to the lack of consumer product awareness that may threaten the expansion of the lignans market, the rules and taxes on lignans production that various governments in various regions have enacted are expected to be a restraint. The lignan market isn't growing, nevertheless, because of the heightened rivalry, the availability of substitute goods, and a lack of consumer knowledge.

Regional Trends:
The Asia Pacific lignans market is anticipated to show a significant market share in revenue and is expected to grow at a high CAGR shortly. Due to the rising demand for cosmetics in these nations, China, India, and Japan now hold the top three positions in the Asia Pacific lignans market. The main forces influencing the market in the region are new product advancements and the government's requirement for fortification. The preference for foods that are not only nutrient-dense but also have the potential to enhance general health and well-being has increased the consumption of functional foods. Besides, the North American region had a substantial share in the market due to increased consumer spending on food and pharmaceuticals, an increase in cancer diagnoses, and the prevalence of major pharmaceutical corporations. Strict government restrictions have led to higher-quality production in the U.S., fostering a favorable climate for the expansion of the lignan market. The U.S. Food and Drug Administration has categorized this product (lignans) as generally recognized as safe (GRAS), and its use in food processing is not controversial.

Segmentation of Lignans Market-
By Source
• Oilseeds
• Cereals
• Plant resins
• Fruits
• Others

By Application
• Food
• Cosmetic
• Pharmaceutical
• Animal Feed
• Others

By Distribution Channel
• Offline
• Online

By Region-
North America-
• The US
• Canada
• Mexico

Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific

Latin America-
• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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This release was published on openPR.