July 19, 2019 by Steve Blade
Fact.MR study on Taxifolin market reveals that the global market revenue is estimated to grow at a CAGR of over 5% between 2019 and 2027. In 2017, the global taxifolin market stood at US$1.4 Bn, where Europe was the largest market. Though the taxifolin market share of APEJ has been growing at a faster pace than other regions owing to the growth in consumption of nutraceuticals and food products containing taxifolin.
The key application areas of Taxifolin includes food and beverages, healthcare, pharmaceuticals and agriculture. Europe has been the largest market for taxifolin, while APEJ leads the market growth. Fact.MR analyses the performance of the Taxifolin market on the basis of global demand and market revenue as this is essential in understanding the future growth potential of the market. This section also includes Fact.MR’s analysis of key trends, drivers, restraints and opportunities that influences the Taxifolin market growth. Impact analysis of key growth drivers and restraints across all major regions, based on the weighted average model, is included in the Taxifolin market report to better equip clients with crystal clear decision-making insights. The market size of Taxifolin has been calculated in terms of value (US$ Mn), and volume (Kg).
Request Free Sample Report Here:
Based on purity level, taxifolin can be classified into less than 95% and greater than or equal to 95%. Taxifoiln with a purity level lower than 95% is expected to account for higher revenue share. However, taxifolin with purity level ≥95% is expected to growth at a faster pace, during the forecast period. There are several applications of taxifolin including dairy products and confectionary where higher purity is required. The growing demand for these products have been translating into the higher growth rate of taxifolin with higher purity level.
Table of Content
1. Global Taxifolin Market - Executive Summary
2. Global Taxifolin Market Introduction
3. Global Taxifolin Market-Key Associated Factors Assessment
4. Market Dynamics
To be Continue................
APEJ is projected to grow at the fastest pace in the Taxifolin market
Although Europe is the largest taxifolin market, APEJ is anticipated to witness fastest growth during the forecast period. Most of the taxifolin manufacturers are located in Russia and China. It is due to the easy availability of raw materials in these countries. Conifers such as Siberian larch can be commonly found in these countries, thus making them the production hub of taxifolin. Russian government has also been investing in the production of taxifolin, especially in the Magadan region.
Wide application areas of Taxifolin increases its demand
Taxifolin also known as dihydroquercetin is used in several applications including food and beverages, healthcare, cosmetics, and agriculture. Several studies and research papers prove taxifolin as a potent ingredient for several application areas. Taxifolin is used as an additive for food products as it stabilizes shelf life of the products by 12-36 months. Taxifolin being a natural antioxidant with antibacterial, antimicrobial, and anti-inflammatory properties, its applications has been further expanding. Even the smallest amount of taxifolin is able to prevent oxidative stress and shields the body from free radicals. The demand of taxifolin in food products is projected to grow at the fastest pace during the forecast period. The application areas of taxifolin in food and beverages industry include dairy products, meat processing, alcoholic and non-alcoholic beverages, and confectionary.
The key players in the global taxifolin market includes JW Health Products, Kingherbs Ltd, Kalenika Group, Cayman Chemical, Ametis JSC, Abcam plc, and Adooq Bioscience. There are several other taxifolin providers that include, Linjiang Jianwei Biotech Co. Ltd., and Hangzhou J&H Chemical Co., Ltd.
Have Any Query?? Ask Our Industry Expert:
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
Read Full PR Here: