Saponins Market – Introduction

Saponins are chemical compounds that are naturally found in plants like several edible legumes and derive their name from the property of making soap-like foam in aqueous solutions. The concentration of saponins in these plants is in such smaller volumes that its daily intake remains non-toxic to mammals. Traditionally, saponins have found industrial as well as commercial applications such as in steroid hormone production in the pharmaceutical industry, as food additives and as ingredients in fire extinguisher, photographic emulsion and in denatured alcohol.

Saponins Market Trends

While the gluten-free trend has led manufacturers in the saponins market to practice the removal of saponin from different gluten-free products, saponins’ insecticidal property is extensively under study for its application in modern agriculture and horticulture. Buoyancy in the agriculture and pharmaceutical industries is likely to fuel demand for saponins with the industries seeking favorable alternatives. These factors are likely to influence the saponins market over the course of the forecast period.

Saponins Market – Notable Developments

Key players in saponins market include Laozhiqing Group, Yunan Notoginseng, Hubei Jusheng Technology, Yongxin Youxiang, Tianmao, Fusong Nature, Weihe Pharma, Yunnan Baiyao Group, Zhongheng Group, KPC Pharmaceuticals, Hongjiu Biotech, Indena, Jilin Changqing Ginseng, Fanzhi Group, Jike Biotech Group, Sabinsa, SKBioland, and Fuji Oil Group among others.

  • In December 2018, Croda International signed an agreement to acquire Brenntag Biosector with an investment of 72 million euros. Brenntag Biosector is a leading manufacturer of innovative saponin-based adjuvants.
  • In September 2018, Novavax, Inc. announced the initiation of the company’s phase 2 clinical trial of quadrivalent NanoFlu formulations which contains the company’s patented saponin-based Matrix-M adjuvant.

Saponins Market Dynamics

Demand for Diosgenin Continues in the Saponins Market

Among different types of saponins, demand for diosgenin in the pharmaceutical industry is gaining traction in the saponins market owing to its extensive use as a precursor. Diosgenin is a widely known saponin with therapeutic value and is also known as the most bioactive component found in fenugreek. Surveys suggest that diosgenin is used as a precursor in the chemical synthesis of over 60% of the progesterone, cortisone, pregnenolone, and other steroids. Plant species such as Trigonella, Dioscorea, Smilax and Costus are common sources of diosgenin. Owing to its natural origin and several health benefits, industrially, diosgenin is a highly important chemical compound. As most of the corticosteroids and sex hormones are produced from natural precursors such as diosgenin in a semisynthetic fashion, demand for diosgenin in the field of drug development is likely to escalate during the forecast period. These factors are influencing the saponins market.

Saponins Market: Adoption in Agriculture and Horticulture Growing

Saponins derived from different plants are also known as an active pesticide ingredient. Saponins extracted from the plant of Chenopodium quinoa are actively used into tomato seedling before transplant and to seeds of beans and cereals prior to planting. These traditional treatments are known to protect seeds and tomato plants by providing anti-bacterial, anti-fungal and anti-viral protection. In addition, there are several research studies underway to develop saponin-based alternative insecticides in a bid to prevent declining yield and prevent crop loss naturally. This has led to increased utilization of saponins in agriculture and horticulture in the form of integration of saponins in integrated pest management (IPM) programs. These broader factors are likely to play a role in the growth of the saponins market over the course of the forecast period.

Increased Production of Saponin-free Food Variants to Impede Saponin Application

With the increasing penetration of the gluten-free trend, food manufacturers are also eyeing on production methods to remove saponin which is found in seed coat and is responsible for the bitter taste. In particular, quinoa flour manufacturers have introduced a gluten-free variant that is also saponin-free. As the demand for gluten-free products is likely to rise globally and not restricted to medical reasons. Especially, the millennial population is highly likely to witness an increasing preference for gluten-free food variant in the coming years.

Development of saponin-free strains of quinoa remains a hot topic of discussion among experts – that the process of saponin removal has led to the declined yield as well as marketing of the crop. Also, observation of the Ecologists suggests that bitter taste of saponin might prevent pest predation, hence, saponin-removal can lead to increased utilization of insecticides. The saponins market is likely to be influenced by these factors.

Saponins Market – Segmentation

Saponins market is segmented on the basis of application and product type.

Based on application, the saponins market is segmented into,

  • Pharmaceuticals
  • Agricultural applications
  • Food & beverage
  • Daily Chemical
  • Others

On the basis of product type, the saponins market is segmented into,

  • Diosgenin
  • Ginsenoside
  • Theasaponins
  • Notoginsenoside
  • Soyasaponin
  • Others

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.

2. Insights and Tools

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.

3. Actionable Results

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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Saponins Market

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