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Taxifolin Market Globally Expected to Drive Growth through 2020 to 2030

Fact.MR study on Taxifolin market reveals that the global market revenue is estimated to grow at a CAGR of over 5% between 2019 and 2027. In 2017, the global taxifolin market stood at US$1.4 Bn, where Europe was the largest market. Though the taxifolin market share of APEJ has been growing at a faster pace than other regions owing to the growth in consumption of nutraceuticals and food products containing taxifolin.  

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Wide application areas of Taxifolin increases its demand

Taxifolin also known as dihydroquercetin is used in several applications including food and beverages, healthcare, cosmetics, and agriculture. Several studies and research papers prove taxifolin as a potent ingredient for several application areas. Taxifolin is used as an additive for food products as it stabilizes shelf life of the products by 12-36 months. Taxifolin being a natural antioxidant with antibacterial, antimicrobial, and anti-inflammatory properties, its applications has been further expanding. Even the smallest amount of taxifolin is able to prevent oxidative stress and shields the body from free radicals. The demand of taxifolin in food products is projected to grow at the fastest pace during the forecast period. The application areas of taxifolin in food and beverages industry include dairy products, meat processing, alcoholic and non-alcoholic beverages, and confectionary.    

Taxifolin demand have also been increasing at a significant pace in the field of medicine. Taxifolin has been observed to be a potent inhibitor of ovarian cancer cell growth. Taxifolin derivatives also have anti-proliferative effects on breast cancer cells as well as murine skin fibroblasts. The antioxidative activity of taxifolin is more than that of other common antioxidants such as tocopherols and carotenoids. Besides, taxifolin is also resistant to the impact of oxidation and light. These factors have been augmenting the taxifolin demand in the field of healthcare and cosmetics.

The other application areas of taxifolin includes cosmetics, cosmetics and agriculture. As a health supplement, the use of taxifolin based supplements has been observed to surge among the sportspeople. Especially during eth competition period, when the athletes need to perform beyond their regular limits, taxifolin is very useful as it boosts the cardiovascular system to bear the exercise load. In agriculture, taxifolin is used to boost plant growth. Several other health benefits associated with taxifolin includes protection of capillary and liver. The demand for cosmetics has been growing globally due to the up-liftment in consumers’ lifestyles.

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Segmentation

 By Purity

  • <95%
  • ≥95%

By Application

  • Food & Beverages
  • Pharmaceuticals
  • Healthcare
  • Agriculture

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East & Africa

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Key players:-

 Linjiang Jianwei Biotech Co. Ltd., Hangzhou J&H Chemical Co., Ltd., Kalenika Group, Ametis JSC, JW Health Products, Kingherbs Ltd, Abcam plc, and Adooq Bioscience.

After reading the   Taxifolin market report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the growth of the global .
  • Analyze key regions holding significant share of the total Taxifolin market revenue.
  • Study the growth outlook of the global Taxifolin market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use on the Taxifolin market growth.
  • Investigate the recent R&D projects performed by each Taxifolin market player.

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