Global Bioflavonoids Market: Overview

Bioflavonoids is a large class of naturally occurring plant-derived compound that exhibit anti-oxidant property and are primary plant pigments. With increase inclination of consumers towards functional foods and health conscious consumer behavior will provide an opportunistic platform for bioflavonoids products due to their nutritious and herbal remedial properties. They are abundantly found in rinds and pulp of citrus fruits and other foods that are rich in Vitamin C such as soya bean, broccoli and red peppers and others. Bioflavonoids have a close association with Vitamin C as they enhance the effectiveness of other compounds and also prevents the breakdown of Vitamin C in the body.

Apart from acting antioxidant, bioflavonoids (such as rutin, quercetin) helps to maintain the circulatory system by maintaining adequate capillary pressure and vascular permeability. Bioflavonoids offer wide range of other biochemical functions such as anti-neoplastic, anti-aging, anti-mutagenic, anti-microbial, lipid lowering activity, immunosuppressant, platelet aggregation, enzyme activity, etc.

Global Bioflavonoids Market: Drivers and Restraints

Bioflavonoid products are gradually gaining vital importance in the market. Owing to increasing demand for functional foods, the bioflavonoids market is anticipated to witness robust growth in the near future. Also, health conscious behavior of consumer is driving the market towards natural products, which is further anticipated to result in bioflavonoids market growth. With escalating aging population, changing consumer consumption patterns towards healthy food products. Moreover, bioflavonoids product have more life shelf, thus increasing their longevity, resulting in adoption among food and beverage manufacturers. Advent of genetic engineering will boost the growth of bioflavonoids market. Nutrition-based products are becoming the preferred choice of today’s youth and thus acting as a promoting factor this market.

However, due to lack of awareness among people related to bioflavonoids being a rich source of vitamin C and also other associated health benefits is hampering the growth of the market. Moreover, bioflavonoids require specific conditions for their growth in microorganisms and plants, which involves a significant amount of precision and financial cost. Non-availability of these factors in few regions is restraining the market growth.

Global Bioflavonoids Market:  Segmentation

Bioflavonoids can be classified into a variety of forms as they hold important properties and are segmented as:

On the basis of structural class, bioflavonoids are segmented into:-

  • Flavones
  • Flavanols
  • Isoflavones
  • Anthocyanidins
  • Others

On the basis of application, bioflavonoids are segmented into:-

  • Food & beverages
  • Pharmaceutical Industry
  • Animal Feed Industry

Global Bioflavonoids Market: Region wise Outlook

The bioflavonoids market is divided into seven regions, namely North America, Latin America Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), and Japan. With the increase in the prevalence of lifestyle diseases and aging population, consumers in North America are moving towards more anti-oxidant products. Thus, escalating the market of bioflavonoids in U.S and other parts of North America, as bioflavonoids products have an antioxidant property that has the anti-aging effect. In Latin America, Chile emerged out to be the leading country as the consumer consumption pattern is shifting from junk food to nutritious food options. The demand of bioflavonoids is expected to increase with the change in the food trend. With the growing economies and growth in awareness among the consumer the Asia Pacific regions like India, China will further fuel the demand for bioflavonoids products. European countries will witness a profitable growth in this market, owing to rising consumption of nutrition-based products.

Global Bioflavonoids Market:  Key Players

Some of the key players identified in the global bioflavonoids market include:

  • Aquapharm Bio-Discovery Limited
  • Agilent Technologies, Inc.
  • Cayman Chemical Company
  • Changsha Organic Herb Inc
  • Extrasynthese
  • Foodchem International Corporation
  • Frontier Natural Products Co-op
  • International Flavors and Fragrances
  • Indofine Chemical Company, Inc
  • Kemin Industries, Inc
  • Meherrin Agricultural & Chemical Company
  • Organic Herb Inc
  • Pharmachem Laboratories Inc
  • SV Agrofood
  • Sigma-Aldrich Corp.
  • Toroma Organics Ltd

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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