The global isoflavones market was worth US$ 1.4 Billion in 2022 and is expected to reach US$ 2.3 Billion by the year 2032 at a CAGR of 5.5% between 2022 and 2032.
Isoflavones imply phytoestrogens (better known as plant-based estrogens); which come across as naturally occurring non-steroidal and phenolic plant compounds and also exhibit properties similar to vertebrate estrogens owing to structure, molecular size, and resemblance. The compound is found in its natural form in chickpeas, soybeans, pistachios, fava beans, peanuts, and other nuts and fruits naturally.
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It has been found that by-products of soybean contain daidzein and genistein, which do possess both – anti-estrogenic and estrogenic effects. Isoflavones are chemo-protective and could be used in several alternative therapies for cardiovascular ailments and types of cancer inclusive of prostate and breast cancer, hormonal disorders, osteoporosis, and symptoms pertaining to menopause.
Unprocessed soy sources like edamame, tempeh, soymilk, tofu, miso are a rich source of isoflavones. NovaSoy does offer 20-70% concentrations of the soybean sourced isoflavones in diverse product ranges like NovaSoy Isoflavones Concentrate 20% (a fine powder used in bars and food ingredients. NovaSoy Idoflavones Concentrate 70% is a fine powder used in various functional beverages. NovaSoy 152-400 with 40% isoflavones content is used in the form of fine powder.
Future Market Insights has walked through these findings with future prospects in its latest market study entitled ‘Isoflavones Market’. It has its team of analysts and consultants to look through the bottom-up approach regarding primary, secondary, and tertiary modes if research.
“With health-conscious population on the rise, the global isoflavones market is expected to grow on a good count in the forecast period”, says an analyst from Future Market Insights.
Key Companies Profiled:
- Cargill, Inc.
- Archer Daniels Midland Company
- BASF SE
- International Flavors and Fragrances
- NutraScience Labs
- Otsuka Pharmaceutical Co., Ltd.
- Frutarom Industries Ltd.
- Fujicco Co., Ltd.
- Parchem Fine & Specialty Chemicals
- FUJIFILM Wako Pure Chemical Corporation
- Others
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Key Takeaways from Isoflavones Market
- North America holds the largest market share with the US being subject to a rising demand for plant-based isoflavones. It has been observed that more than 70 of women aged between 50 and 52 (undergoing menopause) witness hot flashes such as bothersome and heavy symptoms owing to deficiency of estrogen.
- The Asia-Pacific is expected to grow in isoflavones market on the back of Japan. Numerous surveys are being carried out regarding plant-based isoflavones. As such, Japanese diet is inclusive of combination of isoflavones and soybeans.
- LATAM is expected to pick up pace herein with Brazil developing biotransformed soymilk with tannase and probiotic strains for rendering isoflavones nutraceutical agent while improving anti-inflammatory potential for enhancing intestinal cellular model of the human body; thereby driving growth of product.
Competitive Isoflavones
- Frutarom Health, in September 2019, did release a new series of organic soy ingredients with Organic SoyLife Complex (naturally rich isoflavones content); which has been granted ‘organic certification’ called ‘BE-BIO-01’. Certisys has granted this certificate.
- Nua, in July 2021, did announce launching a nutrition mix product called ‘Uplift’. The nourishment drink comprises soy isoflavones, grape seed extract, and others.
What does the Report Cover?
- The research study is based on nature (conventional and organic), form (powder, liquid, and wax), source (soybean, peanut, chickpea, clover, and likewise), and application (food & beverages, nutraceuticals & dietary supplements, pharmaceuticals, cosmetics & personal care, and likewise).
- With innumerable health benefits offered by isoflavones, the global isoflavones market is expected to grow graciously in the forecast period.
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Isoflavones Market Segmentation
By Nature:
- Organic
- Conventional
By Form:
- Powder
- Liquid
- Wax
By Source:
- Soybean
- Peanut
- Chickpea
- Clover
- Others
By Application:
- Food & Beverages
- Nutraceuticals & Dietary Supplements
- Pharmaceuticals
- Cosmetics & Personal Care
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle east and Africa
About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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