According to Fortune Business Insights, the global isoflavones market size is anticipated to exhibit monumental development in the forthcoming years. These phenolic compounds are extracted from natural sources such as alfalfa, red clover, and soybeans. These compounds exhibit anti-osteoporotic, anti-cancer, and anti-oxidant properties, and are insoluble in water. They are used in health supplements in specified doses. The rising awareness of these of benefits are expected to propel the market expansion. Fortune Business InsightsTMhas presented this information in its upcoming report titled, “Isoflavones Market, 2022-2029”.
Browse Detailed Summary of Research Report:
https://www.fortunebusinessinsights.com/isoflavones-market-106058
Segmentation-
On the basis of source, the market is fragmented into red clover, soy, and others. On the basis of form, the market is bifurcated into pharmaceuticals, cosmetics, food & beverages, and others. Geographically, the market is classified into Europe, South America, Asia Pacific, North America, and the Middle East & Africa.
Report Coverage-
- It provides a thorough analysis of growth rate and market size across regional and global markets.
- It offers insights into the latest industry developments.
- It includes a detailed description and analysis of various segments of the market.
- It showcases a meticulous study of the COVID-19 pandemic.
- It embraces the information on crucial drivers and restraints of the market’s expansion.
Drivers & Restraints-
Increasing Awareness of Beneficial Factors of Isoflavones’ Consumption to Surge Market Growth
Isoflavones exhibit exemplary health benefitting attributes. They are good for the heart and help in body cholesterol levels. They exhibit anti-osteoporotic, anti-cancer, and anti-oxidant properties, and are insoluble in water. They are also effective in weight loss and are often recommended by healthcare professional for controlling obesity. They are now widely available in dietary supplementary that can be bought without any prescription. Furthermore, as per the Jorunal of the American Medical Association, these compounds aid in relieving menopause pain woman. Such factors are expected to boost the global isoflavones market growth during the forecast period.
However, their extensive usage can lead to diseases such as the Kawasaki disease. They can increase breast cancer cells. Such negative health impacts are likely to hinder the market’s expansion during the forecast period.
Regional Insights-
High Product Consumption to Fuel Market Expansion in North America
North America is predicted to garner immense growth in the global isoflavones market share. The high product consumption, combined with growing awareness of isoflavone’s beneficial attributes are projected to boost the region’s market growth. Further, the growing usage of these compounds to control the region’s rising obesity levels is anticipated to complement the market expansion in North America.
Asia Pacific is anticipated to attain substantial growth in the global market. The growing intake of these compounds in daily diets, coupled with new product launches are expected to favor market growth in Asia Pacific.
Competitive Landscape-
Major Players Adopt Ingenious Strategies to Amplify their Global Presence
The major players operating in the market emphasize extensive research and development activities to proliferate their growth in the market. They adopt ingenious strategies, including contracts, new product launches, acquisitions, and others to amplify their growth prospects. For instance, Nua, an India feminine hygiene company, unveiled a new nutrition mix product called ‘Uplift’ in July 2021. The nutritional drink comprises soy isoflavones and grape seed extracts.
List of Key Market Players-
- Nutra Green Biotechnology
- Tradichem S.L.
- NutraScience Labs
- Avsetia Pharma
- BioMax
- SK Bioland
- Sikko Industries
- Bio-gen Extracts
- Nexira Inc.
- ADM
- Shanghai Freemen
- DSM
- BASF
- Cargill
