Press release
Taxifolin Market Size to Boost USD 278.6 Million By 2032 | CAGR 5.4% - Published by Emergen Research
Taxifolin Market
Taxifolin, also known as dihydroquercetin, is a flavonoid primarily found in certain plants like Siberian larch, milk thistle, and onions. It exhibits a wide range of beneficial biological properties such as antioxidant, anti-inflammatory, and antiviral activities. Due to these characteristics, taxifolin has attracted significant attention in industries like pharmaceuticals, nutraceuticals, food and beverages, and cosmetics. As more consumers shift toward natural and plant-based products, the global taxifolin market is experiencing steady growth. The demand for natural antioxidants, clean-label food products, and supplements that promote health and wellness is driving the interest in taxifolin.
The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Drivers of the Taxifolin Market :
One of the main drivers of the taxifolin market is the increasing demand for natural antioxidants in the food and beverage industry. Taxifolin is recognized for its powerful antioxidant properties, which can help in extending the shelf life of food products and protecting them from spoilage. As consumers become more health-conscious, there is growing preference for natural additives over synthetic ones. The use of taxifolin in clean-label food products has become a trend, as consumers increasingly opt for transparency in food ingredients. This demand is particularly strong in regions like North America and Europe, where regulatory pressures are also encouraging the use of natural antioxidants.
The pharmaceutical and nutraceutical industries are also significant drivers of the taxifolin market. The compound is known for its potential therapeutic properties, such as cardiovascular protection, liver health support, and neuroprotective effects. These benefits make it an attractive ingredient in supplements, functional foods, and pharmaceutical formulations. In particular, taxifolin is being researched for its role in combating oxidative stress, reducing inflammation, and protecting cells from free radical damage. The rise in lifestyle-related diseases such as cardiovascular disorders, diabetes, and neurodegenerative conditions has fueled the demand for taxifolin in the nutraceutical and pharmaceutical sectors.
Restraints of the Taxifolin Market :
Despite the promising growth prospects, the taxifolin market faces several challenges. One of the key restraints is the high cost of extraction and purification. Taxifolin is typically derived from natural sources, and the extraction process can be expensive due to the need for advanced technologies and techniques to ensure high purity. This leads to a higher final cost of taxifolin-based products, which can limit their affordability and adoption in price-sensitive markets.
Another challenge is the limited availability of raw materials. Taxifolin is predominantly extracted from Siberian larch, which is native to specific regions. The reliance on geographically limited sources can create supply chain challenges and increase the risk of price volatility. In addition, fluctuations in the supply of raw materials due to environmental factors or geopolitical issues can affect the market's stability.
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Growth Factors of the Taxifolin Market :
Several factors are driving the growth of the taxifolin market. One of the most significant is the increasing consumer focus on health and wellness. As people become more aware of the importance of a balanced diet, preventive healthcare, and natural remedies, there is a growing demand for products that promote overall well-being. Taxifolin, with its antioxidant and anti-inflammatory properties, fits well into this trend, especially in the nutraceutical
The report also discusses the key players involved in the market such as:
Linjiang Jianwei Biotech Co., Ltd., Ametis JSC, Merck KGaA, Shanghai Jinhe Hainan Yew Pharm Hangzhou, J&H Chemical Co., Ltd., Adooq Bioscience, JW Health Products, Kingherbs Ltd., Cayman Chemical, Hefei Lifeon Pharma, Kalenika Group, Tianbao Bio-Tech, Yunnan Hande, Abcam plc. and LKT Labs, and Blue California
The report provides a thorough estimation of the overall impact of the pandemic on the Taxifolin Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Taxifolin Market
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Taxifolin Market Segment Analysis :
For the purpose of this report, Emergen Research has segmented the global taxifolin market on the basis of type, purity level, application, and region:
Type Outlook (Revenue, USD Million; 2019-2032)
Food Grade
Industrial Grade
Pharmaceutical Grade
Purity Level Outlook (Revenue, USD Million; 2019-2032)
95% Purity Level
Application Outlook (Revenue, USD Million; 2019-2032)
Food & beverages (F&B)
Pharmaceuticals
Healthcare
Agriculture
Cosmetics
Others
Regional Outlook (Revenue, USD Million; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
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Taxifolin Market Size @ https://www.emergenresearch.com/industry-report/taxifolin-market/market-size
Taxifolin Market Share @ https://www.emergenresearch.com/industry-report/taxifolin-market/market-share
Taxifolin Market Trends @ https://www.emergenresearch.com/industry-report/taxifolin-market/market-trends
Taxifolin Regional Market Demand @ https://www.emergenresearch.com/industry-report/taxifolin-market/regional-market-demand
Taxifolin Market Analysis @ https://www.emergenresearch.com/industry-report/taxifolin-market/market-analysis
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