Global Taxifolin Market On The Overview
Introduction:
Taxifolin referred as dihydroquercetin, is a flavanonol and type of flavonoids. Taxifolin is found in the plant-based foods like fruits, vegetables, and cocoa. Taxifolin acts as a potential chemo preventive agent. Taxifolin has excellent properties like anti-microbial, antibacterial, antifungal, and anti-inflammatory. Taxifolin can prevent oxidative stress and shields the body from free radicals. Application areas of taxifolin in food and beverages industry include dairy products, meat processing, alcoholic and non-alcoholic beverages, and confectionary. Taxifolin and flavonoids in general, can be found in many beverages and products. Specifically, taxifolin is found in plant-based foods like fruit, vegetables, wine, tea, and cocoa. Taxifolin is not mutagenic and less toxic than the related compound quercetin. It acts as a potential chemo preventive agent by regulating genes via an ARE-dependent mechanism. It also shows to have anti-proliferative effects on many types of cancer cells by inhibiting cancer cell lipogenesis. It enhances the efficiency of some antibiotics like levofloxacin and ceftazidime in vitro, which have potential for combination therapy of patients infected with methicillin-resistant Staphylococcus aureus. The global taxifolin market accounted for US$ 160.42 million in 2020 and is estimated to be US$ 249.02 million by 2030 and is anticipated to register a CAGR of 4.5%.
Global Taxifolin Market On The Dynamics
Increasing prevalence of cancer across the globe, coupled with growing demand for taxifolin, owing to its therapeutic properties such as anti-oxidative and anticancer actions are factors driving growth of the global taxifolin market. In addition, increasing use of taxifolin in food and cosmetic products due to its minimal side effects is another factor expected to propel growth of the target market over the forecast period. Furthermore, increasing adoption of taxifolin in various end-use applications like in sports nutrition, confectioneries, therapeutic dietary supplements, and pharmaceutical products are supporting growth of the global market. Moreover, taxifolin is used as an additive to food products for enhancing shelf life of food products which is a factor fueling growth of the global taxifolin market.
However, availability of substitute to taxifolin is quercetin is a factor hindering growth of the global taxifolin market. Increasing production and development of strong supply chain of taxifolin beverages is expected to create lucrative growth opportunity for the major players operating in the global taxifolin market
Global Taxifolin Market On The Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The global taxifolin market is segmented based on type, applications and region.
On the basis of type, the target market is categorized into purity ≥95% and purity <95%. On the basis of application, the global taxifolin market is classified into medicine and pharmaceutics, food processing industry, and healthcare products.
Regional Insights:
The global taxifolin market accounted for US$ 160.42 billion in 2020 and is estimated to be US$ 249.02 billion by 2030 and is anticipated to register a CAGR of 4.5%. On region the global taxifolin market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Europe accounted for highest revenue share in the global taxifolin market. This is attributed to increasing demand for taxifolin in major end-use applications such as food and cosmetics in the countries of region. In addition, rising use of taxifolin as an ingredient in various drugs owing to its excellent properties like antibacterial, antifungal, and anti-inflammatory is a factor expected to propel growth of the target market in the near future. The North America taxifolin market accounts for significant revenue share in the global taxifolin market. This can be attributed to increasing demand for taxifolin owing to its wide end-use applications in industries such as food, pharmaceutical, and cosmetics in countries of the region. The Asia Pacific market accounts for considerable revenue share in the global taxifolin market. This is owing to increasing demand for taxifolin from various end-use industries; especially in pharmaceutical industry in the China.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
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Market Segmentation |
By Type- Purity >95% and Purity <95% By Application– Medicine, Food, and Healthcare Products |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global taxifolin market report based on type, application, and region.
Global Taxifolin Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Taxifolin Market On The Key Players
The key players operating in the global taxifolin market includes Linjiang Jianwei Biotech Co., Ltd., KINGHERBS Limited, JW Health Products Inc., KALENIKA Group, Cayman Chemical Company, Inc., LKT Labs, Inc., Merck KGaA, Abcam plc, Adooq Bioscience LLC, and Hangzhou J&H Chemical Co., Ltd. Technological advancements in the product as well as in manufacturing process, product launches, strategic partnerships are some trends witnessed in the global taxifolin market.
Global Taxifolin Market On The Company Profile
- Linjiang Jianwei Biotech Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- KINGHERBS Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- JW Health Products Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- KALENIKA Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cayman Chemical Company, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- LKT Labs, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Merck KGaA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Abcam plc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Adooq Bioscience LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hangzhou J&H Chemical Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Taxifolin Market On The Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Taxifolin Market, By Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Purity >95%
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Taxifolin Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Medicine
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Food
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Healthcare Products
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Taxifolin Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Linjiang Jianwei Biotech Co., Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- KINGHERBS Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- JW Health Products Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- KALENIKA Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cayman Chemical Company, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- LKT Labs, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Merck KGaA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Abcam plc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Adooq Bioscience LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hangzhou J&H Chemical Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
Global Taxifolin Market is segmented on basis of type, application and region.
Increasing end-use applications of Taxifolin in the food, medical, and healthcare sector is the major driving factor for the market.
The market in Europe is expected to account for major revenue share as compared to that of other regions.
Key players operating the global taxifolin market includes Linjiang Jianwei Biotech Co., Ltd., KINGHERBS Limited, JW Health Products Inc., KALENIKA Group, Cayman Chemical Company,Inc., LKT Labs, Inc., Merck KGaA, Abcam plc, Adooq Bioscience LLC, and Hangzhou J&H Chemical Co., Ltd.