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Global Isoflavones Market
Global Isoflavones Market
The GMI Research expects that the Isoflavones Market will notice an augmentation in demand over the forecast period. This is mainly due to their ongoing technological developments, accelerating geriatric population, increasing prevalence of chronic diseases, and rising medical and cosmetic applications.
Introduction of the Isoflavones Market
Isoflavones are the plant derivatives that are associated with phytoestrogens. They are extracted from different plants and food products, such as beans, lentils, green tea, soybeans, red clover, and flaxseeds in the form of powder. Also, they are extensively used to produce cosmetics and numerous hair care products, including shampoos and hair oil.
Key Players of Market:
· WestRock Company
· Vanguard Packaging Incorporated
· Cardboard Box Company
· International Paper
· DS Smith
· Caps Cases Limited
· STI Group
· Weedon Group
· Smurfit Kappa
· Mondi
Isoflavones Market Dynamics
The aggravating recognition towards the consumption of natural products and mounting population are the major drivers proliferating the growth of the global isoflavones market. In addition, their assistance to minimize the chances of risk of stroke, breast cancer, and coronary heart diseases and averting the development of cancer cells by minimizing cell multiplication will further strengthen the market size. Furthermore, they have the potential to actuate bone formation and intensify bone mass which is another factor supplementing the isoflavones market opportunities.
Besides this, their augmenting implementation in cosmetics to cure skin concretion, prevent sun damage, wrinkles, and usage as a moisturizing agent bolsters the market demand. Additionally, their rising demand from nutraceuticals and dietary supplements as a result of the increasing preference of women towards supplements with natural alternatives has paved the way for market growth. However, the increasing allergies concerned with the consumption of soy-based products and outcomes resulted from excessive usage of these products for a longer time, such as stomach irritations, itching, digestive problems, cramping, migraine, and headaches, will restrict the isoflavones market size.
Application Segment Drivers
Based on application, the market is segregated into cosmetics, pharmaceuticals, nutraceuticals, and food & beverages. Among these, pharmaceuticals are projected to witness faster growth during the forecast period. This is because of its curative and unembellished properties. Thus, they are extensively used for treating chronic and cardiovascular ailments. On the other hand, cosmetics will hold the largest share in the market due to their accumulating employment as antioxidants in skin and hair care products.
Regional Drivers
As per the isoflavones market research report, North America is contemplated to sustain its superiority in the market due to the surging occurrence of obesity which has raised the focus on weight management techniques. Thus, due to this apprehension, consumers are opting for wholesome, nutritional, and natural food products and ingredients which is directly bolstering the market growth. Further, the increasing health issues related to obesity like type 2 diabetes, stroke, hypertension, heart disease, and several cancer types have resulted in early deaths. Therefore, captivating consumers to switch towards healthy food & drinks further driving the isoflavones market opportunities.
Isoflavones Market Segmentation:
Segmentation by Type
· Paper and Paperboard
· Plastics
· Others
Segmentation by Type of Package
· Die-Cut Display Containers
· Corrugated Cardboard Boxes
· Shrink Wrapped Trays
· Modified Cases
· Plastic Containers
· Others
Segmentation by End-User Application
· Food & Beverage
· Household Products
· Others
Segmentation by Region:
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· North America
o United States of America
o Canada
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o UAE
o Brazil
o South Africa
o Saudi Arabia
About GMI Research
A market research and consulting company, GMI Research, offers various enterprises business insights and market research reports. Our research team accumulates all the relevant information about several industries using both internal and external databases. The focus of the organization is to acknowledge our clients with the upcoming opportunities and challenges across different industries. The team assists clients in comprehending the influence of market dynamics like size, share, drivers, growth opportunities, and other aspects. We try to offer a step-by-step solution to our clients to reach a managerial and actionable decision. The enterprise got featured in the list of Silicon India Magazine in 2018 as one of the Most Promising Market.
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