Report ID: SQMIG15E2357
Report ID:
SQMIG15E2357 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|
Tables:
64 |
Figures:
76
Flavonoids Market size was valued at USD 1.38 Billion in 2023 and is poised to grow from USD 1.46 Billion in 2024 to USD 2.29 Billion by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032).
Pharmaceuticals, nutritional supplements, cosmetics, and functional food and beverages are just a few of the uses for flavonoids. In the food business, they serve as colouring and sweetening agents.
Around 30% of the market in the United States was devoted to the use of flavonoids in functional foods. The market in this industry was primarily driven by an increase in the usage of anthocyanin, a significant flavonoid, as a colouring agent. Despite the fact that flavonoids are more readily ingested in their natural state, shifting consumer food consumption patterns have resulted in their use in a variety of functional food products. Layn Natural Ingredient Corp., Ltd. (Layn Natural Ingredients) announced the growth of its selection of tea extracts in October 2021. In response to rising consumer demand for clean-label, nutritious, useful natural ingredients, Layn Natural Ingredients increased the array of tea extracts it offered. Flavonoids, polyphenols, and other active compounds, as well as antioxidants with scientific backing, are present in tea extracts.
US Flavonoids Market is poised to grow at sustainable CAGR for the next forecast year.
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Report ID: SQMIG15E2357