Global Isoflavones Market is anticipated to reach USD 50.06 billion by 2025. Isoflavones are a class of flavonoids that prove to be anti-cancerous, anti-oxidant, and anti-inflammatory breast cancer cell suppressors; along with antimicrobial properties. Isoflavones play a key role in maintaining and protecting strong and healthy bones. These are mainly found in soy products and soybeans, legumes, chick peas, and peanuts.
The factors that propel the growth of the isoflavones market include rising demand in numerous applications such as food & beverages, nutraceuticals, dietary supplements, and animal feed and rising health concerns among consumers. Soy based isoflavones helps to avert the occurrence of numerous diseases such as risk of high blood pressure and cholesterol, heart diseases, and kidney diseases.
On the other hand, there are factors that may hamper the growth of the market including side effects such as headache, allergies, migraine, and cramping due to high consumption of isoflavones. Also, factors like easy availability of its alternatives and high cost of soy based isoflavones might restrain the overall growth. Isoflavones industry is anticipated to grow at a significant CAGR of 16.4 % in the upcoming period as the scope, product types, and its applications are increasing across the globe.
Isoflavones industry may be explored by source type, application, and geography. The market may be explored by source type as soybeans and others. The “soybeans” segment led the isoflavones market in 2017 and is anticipated to maintain its dominance by 2025. The key factors that may attributed to the growth of market include easy availability, high nutrition content, and high usage of soybeans.
The key applications that could be explored in the isoflavones industry include food & beverages cosmetics, nutraceutical, and others. The “nutraceuticals” segment led the isoflavones market in 2017 and is anticipated to maintain its dominance by 2025. The key factor that may attributed to the growth of market includes high demand for pharmaceuticals and dietary supplements.
Asia-Pacific accounted for the major market share of the isoflavones in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growing demand from the emerging countries such as China and India and high demand for the nutraceuticals segment. North America is anticipated to account for the second-highest revenue share in the market, due to occurrence of numerous market players in the region.
Some of the key players that fuel the growth of the isoflavones industry comprise Archer Daniels Midland Company, Alaska Spring Parma, Alpro, Cargill Health and Food Technologies, Bio-gen Extracts Pvt.Ltd, FujiccoCotd, Frutarom, Guzen Development, Future CeuticalsInc, Koninklijke DSM N, Herbo Nutra, Nutra Green Biotechnology CoLtd, Medisys Biotech Pvt.Ltd, Tradichemand Nutri Science Innovations LLC. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Global Isoflavones Source Outlook (Revenue, USD Million, Volume, Kilo Tons, 2014 - 2025)
Global Isoflavones application Outlook (Revenue, USD Million, Volume, Kilo Tons, 2014 - 2025)
• Food & Beverages
Isoflavones Regional Outlook (Revenue, USD Million, Volume, Kilo Tons, 2014 - 2025)
• North America
• Asia Pacific
• South Korea
• Central & South America
• Middle East & Africa
Research Support Specialist, USA