What is Citrus Bioflavonoids Market Scope?
Increasing consumer awareness regarding healthy dietary lifestyles coupled with the increasing prevalence of chronic health disorders is helping to boost the global Citrus Bioflavonoids market. Bioflavonoids are a group of plant pigments that give the colors to many flowers and fruits. Citrus bioflavonoids are found in citrus fruits such as orange, lemon, grapefruit, tangerine, etc. Citrus bioflavonoid contains antioxidants which help in sustaining a healthy life. The growing prevalence of chronic diseases among populations including high blood pressure and diabetes due to unhealthy lifestyle practices should accelerate the citrus bioflavonoids market share. These products majorly help in controlling blood sugar levels, blood pressure, and inflammation, becoming key aspects of augmenting product adoption.
The market study is being classified by Type (Conventional and Organic), by Application (Pharmaceuticals & dietary supplements, Food & beverages, Animal feed and Cosmetics & Personal care) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Citrus Bioflavonoids market throughout the predicted period.
Freeda Vitamins Inc. (United States), Solgar Inc. (United States), Organika Health Products Inc. (Canada), Natural Factors Inc. (United States), NOW Foods (United States), Country Life LLC. (United States), Nans Products (India), Chengdu Okay Pharmaceutical (China), Kang Biotech (China) and Foodchem International (China) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Nutexa (United Kingdom).
AdvanceMarketAnalytics has segmented the market of Global Citrus Bioflavonoids market by Type, Application and Region.
On the basis of geography, the market of Citrus Bioflavonoids has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Influencers and their development strategies
In March 2019, Yakult Honsha Co. launched its novel synbiotic beverage in South Korea; this product is incorporated with an active bioflavonoid named MicrobiomeX.
Influencing Market Trend
- Increasing demand from pharmaceuticals and dietary supplements
- Growing demand due to changing consumer preference towards the use of cosmetic products made from natural ingredients
- Increasing consumer demand for products with natural ingredients
- Rising health-conscious population
- The companies are investing in new technological developments and production capacity expansions to enhance their product portfolio
- Increasing FDA regulations regarding the ingredients used in citrus bioflavonoids used in pharmaceutical applications.
Key Target AudienceCitrus Bioflavonoids Manufacturers, Government Regulatory Bodies, Government Research Organization, Private Research Organization and Others
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