Flavanones Market Insights
According to MRFR analysis, the global Flavanones market is expected to register a CAGR of ~3% from 2022 to 2030 and hold a value of over USD 140 million by 2030.
Flavanones are a type of flavonoid that are commonly found in fruits and vegetables such as citrus fruits, tomatoes, and peppers. They are known for their antioxidant and anti-inflammatory properties and have been studied for their potential health benefits. The global Flavanones Market is expected to experience significant growth in the coming years, with increasing demand for natural and healthy ingredients in the food and beverage industry. The market is segmented by product type, application, and region. COVID-19 has had a significant impact on the flavanones market, with disruptions in the supply chain and changes in consumer behavior. The pandemic has led to a shift in consumer preference towards healthier food and beverage products, which has increased demand for flavanones.
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Key Players
Some of the market key players are Cayman Chemical (US), Merck KGaA (Germany), Monteloeder (Spain), Chengdu Hawk Bio-Engineering Co. Ltd (China), KINGHERBS (China), Bolise Co., Limited (China), Xi’an App-Chem Bio (tech) Co. Ltd (China), Foodchem International Corporation (China), Extrasynthese (France) and INDOFINE Chemical Company, Inc. (US)
Market Segmentation
The Global Flavanones market has been segmented into type and application.
By Type: Hesperidin, naringenin, and others.
By Application: Pharmaceuticals & nutraceuticals, functional food & beverages, animal feed, and others
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Regional Analysis
The market is segmented by region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold the largest share of the market due to the high consumption of flavanones in the region. Asia Pacific is expected to be the fastest-growing region due to the increasing demand for natural and healthy ingredients in the food and beverage industry.
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