Global Feed Flavonoids Market By Product Type (Anthocyanidins, Flavanols, Flavones, Flavan-3-ols, Flavonones, Isoflavones, Chalcones, Others), Form (Powder, Liquid), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Feed Flavonoids Market Analysis and Insights
Feed flavonoids market size is valued at USD 762.3 billion by 2028 and is expected to expand at a compound annual growth rate of 8.60% over the forecast period of 2021 to 2028. The increasing consumption of processed foods is the factor for the growth of the feed flavonoids market in the forecast period of 2021 to 2028.
Flavonoids are naturally occurring groups of phytonutrients consisting of antioxidant properties. These are mainly found in various plants and are accountable for the color of any fruit, vegetable, grain or flower counting citrus fruits, carrots, tea, berries, broccoli, peppers, squash, tomatoes, eggplant and soybean.
The flavonoids are progressively being used in ruminant nutrition so as to control metabolic processes and to make the rumen more efficient which is largely flourishing the growth of the feed flavonoids market over the forecast period of 2021 to 2028. The rising focus towards nutritious food associated with growing concerns regarding a variety of diseases counting obesity, diabetes, blood pressure and cancer will also accelerate the demand for feed flavonoids market. Likewise, increased use of anthocyanin, a major flavonoid, as a coloring agent in the food & beverage industry is also a key determinant expected to drive the feed flavonoids market growth. Also, the high population rate, changing lifestyle trends, rapid urbanization, increasing per capita disposable income and rising number of health-conscious consumers will also have positive impact the feed flavonoids market. The main factor contributing to the thriving rise in global demand for feed flavonoids is the easy availability of functional foods and increasing discretional revenue. Also the rapidly changing food consumption habits of consumers which has led to their utilization in the form of various functional food products is largely impacting the growth of the feed flavonoids market.
However, the dearth of expertise and awareness amongst various organizations for the reliable and cost-efficient development of these products will limit the growth of feed flavonoids market in the above mentioned forecast period, whereas the high levels of initial costs coupled with the organization and maintenance of a sustainable business model have the potential to challenge the growth of the feed flavonoids market.
In addition, rapidly increasing applications of flavonoids in functional food and beverages, cosmetics, dietary supplements and pharmaceuticals as well as the enhanced shelf-life linked with the end-user products owing to the application of flavonoids will accelerate various growth opportunities for the market to grow over the forecast period of 2021 to 2028.
This feed flavonoids market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on feed flavonoids market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Feed Flavonoids Market Scope and Market Size
Feed flavonoids market is segmented on the basis of product type and form. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the feed flavonoids market is segmented into anthocyanidins, flavanols, flavones, flavan-3-ols, flavonones, isoflavones, chalcones and others. Anthocyanins segment accounted for the majority of the share in terms of both, volume and value owing to the rising awareness regarding wellness and health has resulted in high consumption of anthocyanin-rich food and beverages.
- The feed flavonoids market is also segmented on the basis of form. The form segment is segmented into powder and liquid.
Feed Flavonoids Market Country Level Analysis
Feed flavonoids market is analyses and market size, volume information is provided by country, product type and form as referenced above.
The countries covered in the feed flavonoids market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America leads the feed flavonoids market because of the rapidly increasing demand for dietary products such as flavonoids within this particular region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to the increasing consumption of nutraceutical products, increasing popularity of sports and rising disposable incomes of consumers particularly in China and Japan within this particular region.
The country section of the feed flavonoids market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Feed Flavonoids Market Share Analysis
Feed flavonoids market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to feed flavonoids market.
The major players covered in the feed flavonoids report are INDOFINE Chemical Company, Inc., Cayman Chemical, Alchem International Pvt. Ltd., Merck KGaA, FUJIFILM Wako Pure Chemical Corporation, Kemin Industries, Inc., Indena S.p.A., ADM, BORDAS S.A., Lianyuan Kangbiotech Co., Ltd., NATUREX SA and EXTRASYNTHESE, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understands competitive strengths and provide competitive analysis for each competitor separately.
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