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Taxifolin Market By Purity Level (<95%, ≥95%); By Application (Food and Beverages, Healthcare, Cosmetics, Agriculture); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2023-2032

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Taxifolin Market Overview

The global taxifolin market accounted for USD170.5 million in 2022 and is estimated to be USD 249.02 million by 2032, at a CAGR of 5.5% during the forecast period 2023-2032.Taxifolin, also known as dihydroquercetin, is a type of flavonoid that is found in a variety of plants, including Siberian larch trees and onions. Taxifolin has been studied for its potential health benefits, including antioxidant and anti-inflammatory effects, and is used in a variety of applications, including dietary supplements, functional foods, and cosmetics.

The global taxifolin market is expected to grow in the coming years, driven by factors such as the increasing demand for natural ingredients and the growing awareness of the health benefits of taxifolin. The market is segmented by type, application, and region.

The market research report demonstrates market dynamics including growth drivers, barriers and opportunities and trends spearheading current nature and future status of this market. The report is supplemented with various indicators which are believed to propel the growth of the market during the forecast period.

In Addition, Porter’s Five Forces analysis demonstrates the five forces i.e. buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in Taxifolin Market. The report also offers value chain analysis for the Taxifolin Market.

Global Taxifolin Market Size & Forecast

The report reviews the preliminary estimates for 2023 and forecasts for growth in Taxifolin demand for 2023-2032. It analyses the market by geographies i.e. North America, Europe, Asia Pacific, Latin America & Middle East & Africa. Further, the geographies are fragmented into country and regional groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

The report segments the market based on By Purity Level into …

- <95%
- ≥95%

Further, the market has been also segmented By Application into …

- Food and Beverages
- Healthcare
- Cosmetics
- Agriculture

Along with figures and tables, a market attractiveness and BPS analysis has been provided for every segment in the report.

Global Taxifolin Market: Competitive Landscape

The report also highlights the competitive landscape of the global Taxifolin Market, positioning of all the major players in industry. Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

The research study includes profiles of leading companies operating in the global Taxifolin Market.

Some of the Key Players profiled include:

- JW Health Products
- Kingherbs Ltd
- Kalenika Group
- Cayman Chemical
- Ametis JSC
- Abcam plc
- Adooq Bioscience
- Linjiang Jianwei Biotech Co. Ltd.
- Hangzhou J&H Chemical Co., Ltd.
- Merck KGaA
- LKT Labs
- Other Major & Niche Key Players


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Booklet
  • Publication date: 12th February 2024
  • Base year: 2022
  • Forecast year: 2023-2033
  • Format: PDF, PPT,Word,Excel

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FAQ

Taxifolin, also known as dihydroquercetin, is a type of flavonoid that is found in a variety of plants, including Siberian larch trees and onions. It is used in a variety of applications, including dietary supplements, functional foods, and cosmetics.

The global taxifolin market accounted for USD170.5 million in 2021 and is estimated to be USD 249.02 million by 2032, at a CAGR of 5.5% during the forecast period 2022-2032. 

The growth of the taxifolin market is being driven by several factors, including the increasing demand for natural and healthy ingredients, the growing awareness of the potential health benefits of taxifolin, and the increasing use of taxifolin in dietary supplements and functional foods.

Taxifolin is used in a variety of applications, including dietary supplements, functional foods, cosmetics, and others.

Some of the key players in the global taxifolin market include Abcam plc, Extrasynthese, Ametis JSC, Hainan Super Biotech Co. Ltd., and Sichuan Xieli Pharmaceutical Co. Ltd.

The future of the taxifolin market looks promising, with increasing demand for natural and healthy ingredients and growing awareness of the potential health benefits of taxifolin. The market is expected to continue to grow in the coming years, driven by the increasing adoption of taxifolin in dietary supplements and functional foods, and the growing demand for cosmetics containing natural and healthy ingredients.

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