Global Flavonoids Market Growth 2019-2024

Favonoids are water soluble polyphenolic molecules containing 15 carbon atoms. Flavonoids belong to the polyphenol family. Flavanoids can be visualized as two benzene rings which are joined together with a short three carbon chain. One of the carbons of the short chain is always connected to a carbon of one of the benzene rings, either directly or through an oxygen bridge, thereby forming a third middle ring, which can be five or six-membered. The flavonoids consist of 6 major subgroups: chalcone, flavone, flavonol, flavanone, anthocyanins and isoflavonoids.
Flavonoids are natural ingredients extracted from plants. Due to the distribution characteristics of raw materials, manufacturers of this industry are mainly located in Asia Pacific, especially China. SANREN Bio-Technology, Zhejiang Conler Pharmaceutical, Chengdu Okay, Sichuan Deebio Pharmaceutical, Hunan Kang Biotech, ADM,Frutarom Health,Shaanxi Huike, Taiyo Green Power,TEAREVO and Hunan Sunfull Bio-tech are major manufacturers of this industry. SANREN Bio-Technology is a global leader. In 2017, the sale of SANREN Bio-Technology was 393.9 tons, and the company held a share of 10.3%. SANREN Bio-Technology, Zhejiang Conler Pharmaceutical, Chengdu Okay, Sichuan Deebio Pharmaceutical, Hunan Kang Biotech, Sichuan Xieli Pharmaceutical and Shaanxi Huifeng Pharmaceutical are the world's leading hesperidin manufacturers. ADM, Frutarom Health and Shaanxi Huike are the major manufacturers of daidzein.Taiyo Green Power, TEAREVO, Hunan Sunfull Bio-tech and Infré are global leaders of catechin.
At present, there are thousands kinds of favonoids. However, only dozens of products have been commercialized. Only hesperidin, daidzein, catechin and genistein have a larger market size. Most of the raw material production areas of favonoids are located in China, which has led to the emergence of a large number of manufacturers in China. Chinese manufacturers export their products to Europe, the United States and Japan in large quantities either directly or through traders. Due to the low level of industry concentration, few companies can be called top manufacturers.

According to this study, over the next five years the Flavonoids market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 210 million by 2024, from US$ 170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Flavonoids business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Flavonoids market by product type, application, key manufacturers and key regions and countries.

This study considers the Flavonoids value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hesperidin
Daidzein
Catechin
Genistein
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pharmaceutical
Food & Beverages
Dietary Supplements
Feed Additives
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Zhejiang Conler Pharmaceutical
Chengdu Okay
Sichuan Deebio Pharmaceutical
Hunan Kang Biotech
Sichuan Xieli Pharmaceutical
Shaanxi Huifeng Pharmaceutical
SANREN Bio-Technology
Chengdu Shuxi Pharmaceutical
Hunan Yuantong Pharmaceutical
Chengdu Yazhong Bio-pharmaceutical
Chengdu Runde Pharmaceutical
Quzhou Tiansheng Plant Extract
Chengdu Hawk Bio-Engineering
Chongqing Zhuliu Bioengineering
Hunan Kingti Bio-Tech
ADM
Frutarom Health
Shaanxi Huike
Xi'an Desheng yuan
Jiangxi Shun Tiancheng
Taiyo Green Power
DSM
TEAREVO
Hunan Sunfull Bio-tech
Infré
Hunan Nutramax
Guangdong Yilong Industry Group
Hangzhou Qinyuan Natural Plant High-tech
Shanghai Novanat Bioresources
Chengdu Wagott Bio-Tech

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Flavonoids consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Flavonoids market by identifying its various subsegments.
Focuses on the key global Flavonoids manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Flavonoids with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Flavonoids submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.