The Quercetin market has seen significant increase as a result of getting more and more credit for being a natural antioxidant and anti-inflammatory substance. The demand for Quercetin supplements and functional foods has surged as people become more aware of its potential health benefits, including immune support and heart health. It is projected that this increasing trend would continue, driving the market’s rise in the ensuing years.
The market for quercetin is projected to grow at a CAGR of 12.4% from 2022 to 2032, reaching US$ 1,296 million in 2022. The market value of quercetin sales worldwide is anticipated to reach US$ 3,968 Mn by the end of 2032. The growing use of quercetin in industries including pharmaceutical, food and beverage, and dietary supplements is a major factor in the increase in its demand on a global scale.
Discover Your Hidden Talents. Click here to access our Sample Report. If you have the right information, you can realise your full potential :
https://www.futuremarketinsights.com/reports/sample/rep-gb-16063
Due to its antibacterial and anti-inflammatory qualities, quercetin is increasingly being used in dietary supplements, pharmaceuticals, and food and beverage sectors, which is one of the key factors anticipated to drive the worldwide quercetin market during the forecast period.
Consumers are increasingly opting for organic foods in their daily lives, according to recent trends. As a result, there is a huge increase in demand for natural compounds like quercetin.
Similarly, rising health awareness as well as the increasing acceptance of functional foods and supplements is expected to boost the quercetin industry over the projection period.
As people are becoming aware of the harmful impact of artificial preservatives in food and beverage products, they are opting for products containing natural preservatives. This has prompted manufacturers to utilize healthy ingredients like quercetin in their products, thereby aiding in the expansion of the global quercetin market
Additionally, growing usage of quercetin in pharmaceuticals due to its various health benefits will create lucrative opportunities for manufacturers during the forthcoming decade. Hence, leading quercetin manufacturers are ramping up their production capacities, launching new products, and employing novel and cost effective production techniques.
Key Takeaways from Market Study
- Global quercetin sales are projected to grow at a CAGR of 14.3% between 2022 and 2032.
- By end user, the food & beverage industry holds a substantial share of the global quercetin market.
- Based on nature, the organic segment is likely to grow at a higher CAGR during the assessment period.
- Demand for quercetin in Japan is expected to grow at 11% CAGR during the forecast period.
- China’s quercetin market is expected to grow at a CAGR of 12% between 2022 and 2032.
- The quercetin market in India is projected to expand at 14.3% during the forecast period.
“Long-term forecasts indicate that market participants will benefit from the increased health awareness and growing demand for functional foods and supplements containing natural ingredients like quercetin”, –says a lead analyst at Future Market Insights.
Step into the uncharted territory! Make contact with our analysts to learn amazing revelations that will change the way you perceive the world. Join us as we investigate the uncharted :
https://www.futuremarketinsights.com/ask-question/rep-gb-16063
Who is Winning?
Key players in the global quercetin market include King herbs Ltd, Natural Anhui Biotechnology Co. Ltd., Xi’an Tianuri Biotech Co. Ltd., Natrol Llc., Hengyang Densen Biotechnology co. ltd., Xi’an Frankherb Biotech Co. Ltd., Nanjing Zelang Medical Technology Co. Ltd., NOW Health Group Inc., Bluebonnet Nutrition Corporation, Wuxi Gorunjie Natural Pharma Co. Ltd., Oregon’s Wild Harvest Ltd., and Source Naturals Inc
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of the Quercetin market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the demand for Quercetin market based on
product (liquid, powder), nature (organic, inorganic), sales channel (stored-based retailing, modern grocery store (convenience store, discounters, hypermarket, supermarket,) traditional retailers (food specialist, independent small grocers, other grocers), online retailing/delivery, direct sales), and end user (food & beverage industry, pharmaceutical, dietary supplement, nutraceutical) across several regions.
Quercetin Industry by Category
By Product:
- Liquid
- Powder
By Nature:
- Organic
- Inorganic
By End User:
- Food & Beverage Industry
- Pharmaceutical
- Dietary supplement
- Nutraceutical
By Sales Channel:
- Stored -based retailing
- Modern Grocery Store
- Convince store
- Discounters
- Hypermarket
- Supermarket
- Traditional Retailers
- Food specialist
- Independent small Grocer
- Other Grocers
- Online Retailing /Delivery
- Direct Sales
Shape Your Insights: Craft a Customizable Report on the Global Packaging Industry, Exploring Diverse Sectors and Sales Channels :
https://www.futuremarketinsights.com/customization-available/rep-gb-16063
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
