Who are the key players in Flavonoid Market?

Cayman Chemical Company, Merck KGaA, Indena S.p.A, Layn Natural Ingredients and Bordas Chinchurreta SA are the major companies operating in the Flavonoid Market. Read More

Which is the fastest growing region in Flavonoid Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Flavonoid Market?

In 2024, the North America accounts for the largest market share in Flavonoid Market. Read More

What years does this Flavonoid Market cover, and what was the market size in 2023?

In 2023, the Flavonoid Market size was estimated at USD 1.22 billion. The report covers the Flavonoid Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Flavonoid Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Flavonoid Market Size

Market Size of Flavonoid Industry

Study Period	2019-2029
Market Size (2024)	USD 1.29 Billion
Market Size (2029)	USD 1.65 Billion
CAGR (2024 - 2029)	5.11 %
Fastest Growing Market	Asia Pacific
Largest Market	North America
Market Concentration	Low
Major Players *Disclaimer: Major Players sorted in no particular order

Flavonoids Market Analysis

The Flavonoid Market size is estimated at USD 1.29 billion in 2024, and is expected to reach USD 1.65 billion by 2029, growing at a CAGR of 5.11% during the forecast period (2024-2029).

Flavonoids are commonly used in cosmetics due to their positive effect on maintaining healthy and young skin. Creams and cosmetic products containing these compounds smooth and moisturize the skin, prevent wrinkles, help collagen synthesis, and protect against UV rays. The growing demand for natural and organic beauty products is driving the market. Moreover, the growing demand for convenience food products has increased the use of flavonoids. The flavonoid market has maintained its growth over the past few years due to its high level of antioxidants and beneficial anti-inflammatory factors.

Additionally, plant flavonoids have potential health benefits, which has led to their being increasingly used in the pharmaceutical and nutraceutical industries. The increased demand for nutraceuticals among consumers is thus driving the global flavonoid market. For instance, in October 2021, Layn Natural Ingredient Corp., Ltd. (Layn Natural Ingredients) announced the expansion of its portfolio of tea extracts. Layn Natural Ingredients expanded its tea extract portfolio in response to increasing consumer demands for clean-label, healthy, functional natural ingredients. Tea extracts contain scientifically supported antioxidants and other active ingredients, including flavonoids and polyphenols. Such innovations and expansions are significant to the growth of the flavonoid market. Changing consumer lifestyles and rising demand for beauty and health supplements are expected to propel flavonoid consumption over the forecast period.

Flavonoids Industry Segmentation

Flavonoids can be defined as a species of polyphenolic lower-level metabolites originating from plants that are consumed as dietary food. The global flavonoid market is segmented by type, application, and geography. By type, the market is segmented into flavanone, anthocyanin, flavan-3-ols, flavonols, anthoxanthin, isoflavones, and other types. Further, the market has been segmented by application into nutraceuticals, pharmaceuticals, cosmetics, food processing, and animal feed. Also, the study provides an analysis of the flavonoids market in emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The market sizing has been done in value terms in USD for all the abovementioned segments.

Type
		Anthocyanin
		Flavones
		Flavan-3-ols
		Flavonol
		Anthoxanthin
		Isoflavones
		Other Types

Application
		Nutraceutical
		Pharmaceutical
		Cosmetics
		Animal Feed
		Food Processing

Geography

North America
	United States
	Canada
	Mexico
	Rest of Noth America

Europe
	Germany
	United Kingdom
	France
	Russia
	Spain
	Italy
	Rest of Europe

Asia-Pacific
	India
	China
	Australia
	Japan
	Rest of Asia-Pacific

South America
	Brazil
	Argentina
	Rest of South America

Middle-East and Africa
	South Africa
	Saudi Arabia
	Rest of Middle-East and Africa

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Flavonoid Market Size Summary

The flavonoid market is experiencing significant growth, driven by increasing consumer demand for natural and organic products across various industries. Flavonoids, known for their antioxidant and anti-inflammatory properties, are widely used in cosmetics to promote healthy skin and in the food industry for their potential health benefits. The rising interest in convenience foods and nutraceuticals has further propelled the market, as consumers seek products that offer health benefits alongside convenience. Innovations such as the expansion of tea extract portfolios and the development of bioavailable flavonoid supplements highlight the industry's focus on meeting consumer demands for clean-label and functional ingredients. The growing awareness of the health benefits of flavonoids, particularly in preventing chronic diseases, is also contributing to their increased adoption in the pharmaceutical and nutraceutical sectors.

In North America, particularly the United States and Canada, there is a notable shift towards products with fewer artificial additives, with flavonoids being favored for their functional benefits in health and wellness. The demand for natural colorants in food and beverages is rising, supported by regulatory requirements and consumer preferences for natural ingredients. The competitive landscape of the flavonoid market is characterized by the presence of major players investing in research and development to enhance product quality and bioavailability. These companies are expanding their global presence through strategic partnerships and product launches, aiming to capture a larger market share. As the market continues to evolve, the focus on improving the efficacy and bioavailability of flavonoids remains a key priority for manufacturers, ensuring sustained growth and innovation in the industry.

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Flavonoid Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Market Drivers
  1. 1.1.1 Awareness and Extensive Promotions for Differentiated Food Ingredients
  2. 1.1.2 Favorable Regulatory Framework
2. 1.2 Market Restraints
  1. 1.2.1 High Processing Cost and Low Yield of Flavonoids
3. 1.3 Porter's Five Forces Analysis
  1. 1.3.1 Threat of New Entrants
  2. 1.3.2 Bargaining Power of Buyers/Consumers
  3. 1.3.3 Bargaining Power of Suppliers
  4. 1.3.4 Threat of Substitute Products
  5. 1.3.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION
1. 2.1 Type
  1. 2.1.1 Anthocyanin
  2. 2.1.2 Flavones
  3. 2.1.3 Flavan-3-ols
  4. 2.1.4 Flavonol
  5. 2.1.5 Anthoxanthin
  6. 2.1.6 Isoflavones
  7. 2.1.7 Other Types
2. 2.2 Application
  1. 2.2.1 Nutraceutical
  2. 2.2.2 Pharmaceutical
  3. 2.2.3 Cosmetics
  4. 2.2.4 Animal Feed
  5. 2.2.5 Food Processing
3. 2.3 Geography
  1. 2.3.1 North America
    1. 2.3.1.1 United States
    2. 2.3.1.2 Canada
    3. 2.3.1.3 Mexico
    4. 2.3.1.4 Rest of Noth America
  2. 2.3.2 Europe
    1. 2.3.2.1 Germany
    2. 2.3.2.2 United Kingdom
    3. 2.3.2.3 France
    4. 2.3.2.4 Russia
    5. 2.3.2.5 Spain
    6. 2.3.2.6 Italy
    7. 2.3.2.7 Rest of Europe
  3. 2.3.3 Asia-Pacific
    1. 2.3.3.1 India
    2. 2.3.3.2 China
    3. 2.3.3.3 Australia
    4. 2.3.3.4 Japan
    5. 2.3.3.5 Rest of Asia-Pacific
  4. 2.3.4 South America
    1. 2.3.4.1 Brazil
    2. 2.3.4.2 Argentina
    3. 2.3.4.3 Rest of South America
  5. 2.3.5 Middle-East and Africa
    1. 2.3.5.1 South Africa
    2. 2.3.5.2 Saudi Arabia
    3. 2.3.5.3 Rest of Middle-East and Africa