The
global bioflavonoids market is gaining pace in response to the
increasing demand for functional foods. Driven by a multitude of
factors, the market is expected to progress considerably between 2017
and 2027. In a report, titled “Bioflavonoids
Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2017 – 2027,” Transparency Market Research (TMR)
offers a holistic overview of the market. It aims at offering market
intelligence for the companies operating therein. In addition to
this, the report covers exhaustive information on prevailing dynamics
in the global bioflavonoids market.
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The
rising demand from health conscious customers will offers attractive
opportunities to the market. In addition to this, the global
bioflavonoids market is expected to gain from the rising aging
population and increasing preference of consumers for healthy food
products. Against this backdrop, the impressive shelf life
bioflavonoids will encourage their use among food and beverages
manufacturers. TMR also expects the market to benefit from the advent
of genetic engineering. With the demand for nutrition-based food
scaling higher especially among younger generation, the market can
expert spurt of growth opportunities in the coming years. Overall,
preference towards a healthier lifestyle will create growth
opportunities for the global bioflavonoids market over the course of
the forecast period.
However,
it may have to tackle lack of awareness, especially among
underdeveloped countries. Because these countries exhibit huge
untapped potential, it is important for the market players to
mitigate the aforementioned concern to capitalize on the prevailing
opportunities. Additionally, bioflavonoids growth in microorganism
requires certain specific conditions, which involves a significant
financial investment and immense precision. Non-availability of these
factors can restrain the market’s growth in certain regions.
Regionally,
the global
bioflavonoids market covers Latin America, Asia
Pacific excluding Japan, Eastern Europe, Western Europe, Japan, and
North America. The rising prevalence of lifestyle disorders is likely
to boost the bioflavonoids market in North America. Furthermore, the
rising demand for anti-oxidant products is likely to tip scales in
favor of the regional market. As per TMR, Chile in Latin America will
exhibit high demand for bioflavonoids. The paradigm shift from junk
food to more nutritious options will pave way for the market’s
growth in the coming years. Other than this, the emerging economies
will offer lucrative prospects of growth to the bioflavonoid market.
Rising awareness among consumers and the increasing consumption of
more nutrition-based foods will create an environment conducive to
the market’s growth in developing countries.
Some
of the leading companies operating in the global bioflavonoids market
are Aquapharm Bio-Discovery Limited, Foodchem International
Corporation, Meherrin Agricultural & Chemical Company,
International Flavors and Fragrances, Pharmachem Laboratories Inc,
Agilent Technologies, Inc., Indofine Chemical Company, Inc, Cayman
Chemical Company, Changsha Organic Herb Inc., Frontier Natural
Products Co-op, Toroma Organics Ltd, SV Agrofood, Kemin Industries,
Inc., Extrasynthese, Sigma-Aldrich Corp., and Organic Herb Inc.
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