Growing cardiovascular disease incidences is one of the significant factors influencing Isoflavones Market growth
Vancouver, Nov. 16, 2023 (GLOBE NEWSWIRE) — The global Isoflavones market is projected to be worth USD 82.95 Billion by 2032, according to a current analysis by Emergen Research. The isoflavones market is observing a high demand attributed to the growing geriatric population. It has been estimated that by 2050 approximately 16.0% of the global population will be aged more than 65 years, which is expected to increase five-fold since 1950. Elderly people suffer from several health conditions and are at a high risk of falling sick to chronic diseases, thereby playing a significant role in driving the market growth. Furthermore, isoflavones are also considered beneficial in the reduction of cardiovascular disease risk by protecting against LDL (low-density lipoprotein) cholesterol oxidation and oxidized LDL development, thus safeguarding the cardiovascular system and lowering the risk of coronary heart disease and stroke.
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Scope of Research
|Market size value in 2019||USD 17.03 Billion|
|CAGR (2023 – 2032)||12.9%|
|Revenue forecast in 2032||USD 82.95 Billion|
|Base year for estimation||2022|
|Forecast period||2023 – 2032|
|Quantitative units||Revenue in USD Millions, and CAGR from 2023 – 2032|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Segments covered||Source, form, application, region|
|Regional scope||North America; Europe; Asia Pacific; Central & South America; MEA|
|Country scope||U.S.; Canada; Mexico; U.K.; Germany; France; Italy; Spain; China; India; Japan; South Korea; Brazil; Saudi Arabia; South Africa; Turkey|
|Key companies profiled||BASF SE, Biomax, Cargill, Archer Daniels Midland Company, Nutra Green Biotechnology, DSM, International Flavors and Fragrances, Nexira Inc., Herbo Nutra, and SK Bioland|
|Customization scope||10 hrs of free customization and expert consultation|
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Major Companies and Competitive Landscape
The leading players in the isoflavones market are equipped with enhanced production facilities and are involved in various R&D activities. A few leading players in the isoflavones market include:
- BASF SE
- Archer Daniels Midland Company
- Nutra Green Biotechnology
- International Flavors and Fragrances
- Nexira Inc.
- Herbo Nutra
In August 2019, USANA made an announcement about the introduction of USANA EstroPro^™, an upgraded formulation of its health supplement PhytoEstrin^™ for women. EstroPro is formulated from isoflavones, an estrogen-like compound, derived from red clover and soy, along with flaxseed and licorice.
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Some Key Highlights from the Report
- Isoflavones possess potential anti-viral properties, which finds usage in decreasing PRRS (porcine reproductive and respiratory syndrome) mortality, thus boosting the market demand.
- Isoflavones are rich sources of anti-oxidant compounds that lessen damage due to oxygen or free radicals and aid in combatting cancer.
- The isoflavones market growth in North America is attributed to the presence of leading soybean producers in the region. A rise in the obese youth population in the region and growing consumer emphasis on healthy lifestyle and weight management is driving the market growth in the region.
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For the purpose of this report, Emergen Research has segmented the global Isoflavones market on the basis of source, form, application, and region:
- Source Outlook (Revenue, USD Billion; 2019-2032)
- Red Clover
- Form Outlook (Revenue, USD Billion; 2019-2032)
- Application Outlook (Revenue, USD Billion; 2019-2032)
- Food & Beverage
- Regional Outlook (Revenue, USD Billion; 2019-2032)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
- North America
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