Taxifolin Market By Type (Purity >95% and Purity <95%), By Application (Medicine, Food, and Healthcare Products), and By Region- Trends, Analysis and Forecast till 2034

Report Code: PMI28319 | Publish Date: May 2024 | No. of Pages: 163

Global Taxifolin Market On Market Size

Market for taxifolin was valued at US$ 160.42 million in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% to reach US$ 249.02 million by 2030.

Dihydroquercetin, also known as taxifolin, is a kind of flavonoid and a flavanonol. Fruits, vegetables, and cocoa are examples of plant-based foods that contain taxifolin. One possible chemopreventive agent is taxifolin. Excellent qualities like anti-microbial, antibacterial, antifungal, and anti-inflammatory capabilities are possessed by taxifolin. Taxifolin protects the body from free radicals and can stop oxidative stress. In the food and beverage industry, taxifolin is used in the processing of dairy products, meat, alcoholic and non-alcoholic beverages, and confections. Numerous drinks and goods contain taxifolin and flavonoids in general. In particular, plant-based foods such as fruit, vegetables, wine, and cocoa and tea. Compared to quercetin, a related compound, taxifolin is less toxic and does not cause mutations. Through ARE-dependent gene regulation, it functions as a possible chemopreventive agent.