Flavonoids Market Synopsis

Flavonoids Market Size Was Valued at USD 2.12 Billion in 2023, and is Projected to Reach USD 3.62 Billion by 2032, Growing at a CAGR of  6.10% From 2024-2032.

Flavonoids is a large group of plant chemicals with antioxidant, anti-inflammatory and other health beneficial effects. They are naturally plentiful in fruits, vegetables and tea; they have numerous uses including as dietary supplements, pharmaceuticals and cosmetics.

• Flavonoids’ market has been has increasingly expanding over the recent past due to improvements in consumer awareness on health, wellness and the gains from natural food ingredients. These are phytochemicals that occur in a wide variety of fruits, vegetables, wines and other plant products, flavonoids are recognized for their antioxidant value and precised health promoting benefits, including anti-inflammatory and anti tumor, cardiovascular disease preventative benefits . The market is induced by the increasing demand for natural and organic products; therefore, manufacturers add flavonoids to food and dietary supplements.
• In terms of geography, the North American and the European countries lead the flavonoids market owing to the higher purchasing power income and rising occurrence of chronic ailments. However, Asia-Pacific has been anticipated to show a faster growth rate throughout the forecast period based on the growing middle-class population and effective health information. As this region observes gradual growth in its food and beverage industry together with a shift towards prevention rather than cure, flavonoid manufacturers are likely to reap huge benefits.
• The food and beverage segment has the largest market share among all applications mainly due to the increased awareness for natural colorants and flavoring agents. The pharmaceuticals and dietary supplements sectors are also coming forward to provide important contribution as the consumers’ propensity for products that have positive impacts on their health and expectancy is high. Manufacturers in the global flavonoids market are investing in research and development to come up with new products with clean-label characteristics, which has been renowned among customers. All in all, this report anticipates that there will be constant growth in the sales of flavonoids due to improving quality standards of living and an upswing in the number of regulatory bodies approving natural compounds used in foods and drugs.

Flavonoids Market Trend Analysis

Emerging Trends in the Flavonoids Market

• One of the newly found classes of natural compounds, particularly found in fruits, vegetables, tea, and wines, is flavenoids which is now receiving a very awesome reception it deserves because of appreciation of its antioxidant properties. In view of consumers growing consciousness about their health, flavonoid-laden products are expected to receive a strong uptake in markets such as those for dietary supplements, functional foods, and beverages. This is due to increased knowledge regarding the role of antioxidants in enhancing human health and in the prevention of a myriad diseases. Furthermore, the tendencies to adopt the new idea of the primary prevention and promotion of health-oriented products have increased the demand for the constituents that possess such a valuable component as flavonoids.
• However, the trend of clean label products has greatly influenced flavonoids market in the recent past. Current consumer focuses on natural and plant-derived compounds and their refusal of synthetic counterparts. This need for honesty and the use of natural additives has put pressure on producers to add flavonoids to products developed for consumers. New uses of flavonoids are reflected with the formulation of enhancing the existing products for instance flavonoids in snacks, bakery products and dairy products among others. Currently, patents on flavonoids’ health-promoting properties like reduced inflammation, cardiovascular health, and immune system strengthening continue which is a great impetus for market growth proving that flavanoids are the building blocks of nutritional health.

Innovation and Market Expansion in the Flavonoids Sector

• Flavonoids are being used in a much more expanded way today because of advances in food and beverage formulation techniques. Considering this trend, flavonoids are gradually applied to snacks, bakery products and dairy foods, which would catch the concept of functional food of the purchaser. This trend is in support with the current business on Health Coach where more people are changing their eating habits to enhance their health. As chronic diseases become more frequent the need for flavonoid containing products is increasing, which puts pressure on the manufacturers to create formulations that will make use of these compounds.
• In addition, further studies are being conducted in the areas of health benefits of flavonoids, and their applications regarding inflammation and cardiovascular health, which will probably further increase the market growth in the next couple of years. The evidence for these flavonoids continues to grow, thus strengthening their status and use in various products on the consumers’ side. Also, the advancement of expanding electronic commerce platforms increases convenience of flavored product distribution flow and the access to flavonoid-based products among the buyers, focusing on the products’ health benefits. This increased accessibility is in the same way, driving the growth of the flavonoids market regard-ing the changes in the modern consumer appetite towards healthy & functional foods.

Flavonoids Market Segment Analysis:

• Flavonoids Market Segmented based on By Type and By Application

By Type, Flavanones segment is expected to dominate the market during the forecast period

• Flavanones are the type of flavonoids that are most commonly seen in citrus species like sweet oranges, lemons and grapefruit. It is well recognized that they are a source of nutrients that promote strong health, especially, antioxidants and an anti-inflammatory agent. These compounds have innovative importance in reducing oxidative stress, a factor accredited to different chronic ailments such as heart diseases and diabetes. But flavanones have gained greater notice today with the rising trend of consumer concern for their health and wellness; flavanones can be found in various forms of food supplements as well as functional foods. The inclusion of these foods in people’s daily meals is perceived as prevention strategy that will improve general health of the people and their heart.
• This added to the increased consciousness of natural constituents as efficient shields against diseases such as cancer and cardiovascular complications, has added to the demand of flavanones.” Its usefulness is further appreciated by continued research this has led to development of various products that contain these-compounds. Since the consumers are now more conscious with what enters their bodies especially ingredients in food and supplements, flavanones’ positioning itself to be desired for in a clean label of health products. This shift can be seen as evolving macro-trend in health and wellness industry, which focus on natural and preferring natural, instead of synthetic ingredients thus keeping the long lasting consumer and investor research and investment interest in flavanone products.

By Application, Food and Beverages segment held the largest share in 2023

• Among various applications, the food and beverages segment is by far the most significant in the flavonoid market, since these compounds are widely used for their helpful properties, as well as for their ability to act as natural pigments and preservatives. Consumer interest in consuming flavonoids has been encouraged through an increased understanding of the composition of these compounds as they improve the nutritional value of these products and extend the health benefits that they afford in protection from chronic diseases and improvement in human health. With the increase of awareness among the consumers about the need for having nutritional foods and the effects of the foods they take on their body systems, there has been a rapid increase of consumers’ demand for flavonoid-enriched foods. This trend is especially shown in functional foods and drinks, products which are made with specific health-promoting properties.
• The extra perceived health benefits that functional food and beverages offer are the key trends within the functional food and beverage market other than the tissue gastronomy. These compounds that have been found to possess antioxidant, anti-inflammatory, and cardiovascular disease protective properties, flavonoids, are now incorporated in many functional foods and beverages. The addition of these natural compounds to formulates food and beverages makes them more attractive to conscious consumers who are after organic and natural product. That attunement to this set of consumer demands and emerging trends has placed flavonoid-packed foods and drinks right at the cutting edge of a fast-growing market and new waves of development in this field.

Flavonoids Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• In North American especially the United States, the demand has been high due to the new developing trend in the plant base diets and natural products containing flavonoids. Therefore, this study investigates the nutritive value of flavonoid-containing foods as consumers’ awareness of their health improves and they seek foods packed with nutrients, especially flavonoids. The onset of chronic diseases, for example, heart diseases, diabetes, and obesity, has made individuals look for ways preventing their diseases through their diet. Therefore, flavonoid-containing foods are being combined with functional foods and dietary supplements proven to support overall health. As a result of this awareness, there is a large and loyal consumer base willing to pay for foods with flavonoids to boost disease prevention and life span.
• Further, the market in North America is driven by a number of players in the value chain who are interested in the development of new products. Thus, these companies are not only diversifying their portfolios with more flavonoid-based supplements as well as functional foods but are also increasing research on their health benefits linked to flavonoids. This and the marketing intended toEnsure consumers embrace the benefits of the flavonoids seal the market’s establishment. Also, the partnerships/ business relations within the sector offers extended resultantly availability of flavonoid-rich foods within the food and beverages sectors to meet the increasing consumer quantum and quantities demanding natural foods with health benefits.

Active Key Players in the Flavonoids Market

• Alchem International Pvt. Ltd. (India)
• Bordas S.A. (Spain)
• Cayman Chemical (U.S.)
• EXTRASYNTHESE (France)
• Flavon USA LLC (U.S.)
• Foodchem International Corporation (China)
• Indena S.p.A. (Italy)
• INDOFINE Chemical Company, Inc. (U.S.)
• Layn Natural Ingredients (China)
• Merck KGaA (Germany)
• Nutralliance (U.S.)
• Quercis Pharma AG (Switzerland)
• Venkatesh Natural Extract Pvt. Ltd (India)
• Bioriginal Food & Science Corp (Canada)
• Ingredients By Nature (U.S.)
• Other Key Players

Key Industry Developments in the Flavonoids Market:

• In May 2023, Foodchem exhibited its range of food ingredients and additives at the food ingredients exhibition in Cairo, Egypt. The products showcased included a variety of additives such as acidulants, anti-caking agents, defoamers, antioxidants, bleaching agents, leavening agents, coating agents, colorants, and color protectors.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Flavonoids Market by Type
 4.1 Flavonoids Market Snapshot and Growth Engine
 4.2 Flavonoids Market Overview
 4.3 Flavanones
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Flavanones: Geographic Segmentation Analysis
 4.4 Flavones
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Flavones: Geographic Segmentation Analysis
 4.5 Isoflavonens
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Isoflavonens: Geographic Segmentation Analysis
 4.6 Chalcones
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Chalcones: Geographic Segmentation Analysis
 4.7 Anthoxanthins
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Anthoxanthins: Geographic Segmentation Analysis
 4.8 Anthocyanins
  4.8.1 Introduction and Market Overview
  4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.8.3 Key Market Trends, Growth Factors and Opportunities
  4.8.4 Anthocyanins: Geographic Segmentation Analysis
 4.9 Flavanols
  4.9.1 Introduction and Market Overview
  4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.9.3 Key Market Trends, Growth Factors and Opportunities
  4.9.4 Flavanols: Geographic Segmentation Analysis
 4.10 Flavan-3-ols
  4.10.1 Introduction and Market Overview
  4.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.10.3 Key Market Trends, Growth Factors and Opportunities
  4.10.4 Flavan-3-ols: Geographic Segmentation Analysis
 4.11 Others
  4.11.1 Introduction and Market Overview
  4.11.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.11.3 Key Market Trends, Growth Factors and Opportunities
  4.11.4 Others: Geographic Segmentation Analysis

Chapter 5: Flavonoids Market by Application
 5.1 Flavonoids Market Snapshot and Growth Engine
 5.2 Flavonoids Market Overview
 5.3 Food & Beverages
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Food & Beverages: Geographic Segmentation Analysis
 5.4 Pharmaceutical
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Pharmaceutical: Geographic Segmentation Analysis
 5.5 Animal Feed
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Animal Feed: Geographic Segmentation Analysis
 5.6 Nutraceuticals
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Nutraceuticals: Geographic Segmentation Analysis
 5.7 Cosmetics
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Cosmetics: Geographic Segmentation Analysis
 5.8 Others
  5.8.1 Introduction and Market Overview
  5.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.8.3 Key Market Trends, Growth Factors and Opportunities
  5.8.4 Others: Geographic Segmentation Analysis

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Benchmarking
  6.1.2 Flavonoids Market Share by Manufacturer (2023)
  6.1.3 Industry BCG Matrix
  6.1.4 Heat Map Analysis
  6.1.5 Mergers and Acquisitions
  
 6.2 ALCHEM INTERNATIONAL PVT LTD (INDIA)
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Role of the Company in the Market
  6.2.5 Sustainability and Social Responsibility
  6.2.6 Operating Business Segments
  6.2.7 Product Portfolio
  6.2.8 Business Performance
  6.2.9 Key Strategic Moves and Recent Developments
  6.2.10 SWOT Analysis
 6.3 BORDAS S A (SPAIN)
 6.4 CAYMAN CHEMICAL (U.S.)
 6.5 EXTRASYNTHESE (FRANCE)
 6.6 FLAVON USA LLC (U.S.)
 6.7 FOODCHEM INTERNATIONAL CORPORATION (CHINA)
 6.8 INDENA S P A (ITALY)
 6.9 INDOFINE CHEMICAL COMPANY INC (U.S.)
 6.10 LAYN NATURAL INGREDIENTS (CHINA)
 6.11 MERCK KGAA (GERMANY)
 6.12 NUTRALLIANCE (U.S.)
 6.13 QUERCIS PHARMA AG (SWITZERLAND)
 6.14 VENKATESH NATURAL EXTRACT PVT LTD (INDIA)
 6.15 BIORIGINAL FOOD & SCIENCE CORP (CANADA)
 6.16 INGREDIENTS BY NATURE (U.S.)
 6.17 OTHER ACTIVE PLAYERS

Chapter 7: Global Flavonoids Market By Region
 7.1 Overview
 7.2. North America Flavonoids Market
  7.2.1 Key Market Trends, Growth Factors and Opportunities
  7.2.2 Top Key Companies
  7.2.3 Historic and Forecasted Market Size by Segments
  7.2.4 Historic and Forecasted Market Size By Type
  7.2.4.1 Flavanones
  7.2.4.2 Flavones
  7.2.4.3 Isoflavonens
  7.2.4.4 Chalcones
  7.2.4.5 Anthoxanthins
  7.2.4.6 Anthocyanins
  7.2.4.7 Flavanols
  7.2.4.8 Flavan-3-ols
  7.2.4.9 Others
  7.2.5 Historic and Forecasted Market Size By Application
  7.2.5.1 Food & Beverages
  7.2.5.2 Pharmaceutical
  7.2.5.3 Animal Feed
  7.2.5.4 Nutraceuticals
  7.2.5.5 Cosmetics
  7.2.5.6 Others
  7.2.6 Historic and Forecast Market Size by Country
  7.2.6.1 US
  7.2.6.2 Canada
  7.2.6.3 Mexico
 7.3. Eastern Europe Flavonoids Market
  7.3.1 Key Market Trends, Growth Factors and Opportunities
  7.3.2 Top Key Companies
  7.3.3 Historic and Forecasted Market Size by Segments
  7.3.4 Historic and Forecasted Market Size By Type
  7.3.4.1 Flavanones
  7.3.4.2 Flavones
  7.3.4.3 Isoflavonens
  7.3.4.4 Chalcones
  7.3.4.5 Anthoxanthins
  7.3.4.6 Anthocyanins
  7.3.4.7 Flavanols
  7.3.4.8 Flavan-3-ols
  7.3.4.9 Others
  7.3.5 Historic and Forecasted Market Size By Application
  7.3.5.1 Food & Beverages
  7.3.5.2 Pharmaceutical
  7.3.5.3 Animal Feed
  7.3.5.4 Nutraceuticals
  7.3.5.5 Cosmetics
  7.3.5.6 Others
  7.3.6 Historic and Forecast Market Size by Country
  7.3.6.1 Bulgaria
  7.3.6.2 The Czech Republic
  7.3.6.3 Hungary
  7.3.6.4 Poland
  7.3.6.5 Romania
  7.3.6.6 Rest of Eastern Europe
 7.4. Western Europe Flavonoids Market
  7.4.1 Key Market Trends, Growth Factors and Opportunities
  7.4.2 Top Key Companies
  7.4.3 Historic and Forecasted Market Size by Segments
  7.4.4 Historic and Forecasted Market Size By Type
  7.4.4.1 Flavanones
  7.4.4.2 Flavones
  7.4.4.3 Isoflavonens
  7.4.4.4 Chalcones
  7.4.4.5 Anthoxanthins
  7.4.4.6 Anthocyanins
  7.4.4.7 Flavanols
  7.4.4.8 Flavan-3-ols
  7.4.4.9 Others
  7.4.5 Historic and Forecasted Market Size By Application
  7.4.5.1 Food & Beverages
  7.4.5.2 Pharmaceutical
  7.4.5.3 Animal Feed
  7.4.5.4 Nutraceuticals
  7.4.5.5 Cosmetics
  7.4.5.6 Others
  7.4.6 Historic and Forecast Market Size by Country
  7.4.6.1 Germany
  7.4.6.2 UK
  7.4.6.3 France
  7.4.6.4 Netherlands
  7.4.6.5 Italy
  7.4.6.6 Russia
  7.4.6.7 Spain
  7.4.6.8 Rest of Western Europe
 7.5. Asia Pacific Flavonoids Market
  7.5.1 Key Market Trends, Growth Factors and Opportunities
  7.5.2 Top Key Companies
  7.5.3 Historic and Forecasted Market Size by Segments
  7.5.4 Historic and Forecasted Market Size By Type
  7.5.4.1 Flavanones
  7.5.4.2 Flavones
  7.5.4.3 Isoflavonens
  7.5.4.4 Chalcones
  7.5.4.5 Anthoxanthins
  7.5.4.6 Anthocyanins
  7.5.4.7 Flavanols
  7.5.4.8 Flavan-3-ols
  7.5.4.9 Others
  7.5.5 Historic and Forecasted Market Size By Application
  7.5.5.1 Food & Beverages
  7.5.5.2 Pharmaceutical
  7.5.5.3 Animal Feed
  7.5.5.4 Nutraceuticals
  7.5.5.5 Cosmetics
  7.5.5.6 Others
  7.5.6 Historic and Forecast Market Size by Country
  7.5.6.1 China
  7.5.6.2 India
  7.5.6.3 Japan
  7.5.6.4 South Korea
  7.5.6.5 Malaysia
  7.5.6.6 Thailand
  7.5.6.7 Vietnam
  7.5.6.8 The Philippines
  7.5.6.9 Australia
  7.5.6.10 New Zealand
  7.5.6.11 Rest of APAC
 7.6. Middle East & Africa Flavonoids Market
  7.6.1 Key Market Trends, Growth Factors and Opportunities
  7.6.2 Top Key Companies
  7.6.3 Historic and Forecasted Market Size by Segments
  7.6.4 Historic and Forecasted Market Size By Type
  7.6.4.1 Flavanones
  7.6.4.2 Flavones
  7.6.4.3 Isoflavonens
  7.6.4.4 Chalcones
  7.6.4.5 Anthoxanthins
  7.6.4.6 Anthocyanins
  7.6.4.7 Flavanols
  7.6.4.8 Flavan-3-ols
  7.6.4.9 Others
  7.6.5 Historic and Forecasted Market Size By Application
  7.6.5.1 Food & Beverages
  7.6.5.2 Pharmaceutical
  7.6.5.3 Animal Feed
  7.6.5.4 Nutraceuticals
  7.6.5.5 Cosmetics
  7.6.5.6 Others
  7.6.6 Historic and Forecast Market Size by Country
  7.6.6.1 Turkey
  7.6.6.2 Bahrain
  7.6.6.3 Kuwait
  7.6.6.4 Saudi Arabia
  7.6.6.5 Qatar
  7.6.6.6 UAE
  7.6.6.7 Israel
  7.6.6.8 South Africa
 7.7. South America Flavonoids Market
  7.7.1 Key Market Trends, Growth Factors and Opportunities
  7.7.2 Top Key Companies
  7.7.3 Historic and Forecasted Market Size by Segments
  7.7.4 Historic and Forecasted Market Size By Type
  7.7.4.1 Flavanones
  7.7.4.2 Flavones
  7.7.4.3 Isoflavonens
  7.7.4.4 Chalcones
  7.7.4.5 Anthoxanthins
  7.7.4.6 Anthocyanins
  7.7.4.7 Flavanols
  7.7.4.8 Flavan-3-ols
  7.7.4.9 Others
  7.7.5 Historic and Forecasted Market Size By Application
  7.7.5.1 Food & Beverages
  7.7.5.2 Pharmaceutical
  7.7.5.3 Animal Feed
  7.7.5.4 Nutraceuticals
  7.7.5.5 Cosmetics
  7.7.5.6 Others
  7.7.6 Historic and Forecast Market Size by Country
  7.7.6.1 Brazil
  7.7.6.2 Argentina
  7.7.6.3 Rest of SA

Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies

Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research