Apigenin Market Size

Apigenin Market Size

Apigenin Market size reached USD 300 thousand in 2022 and is estimated to grow at over 3.8% CAGR between 2023 and 2032. The market for natural and plant-based ingredients is witnessing significant growth as consumers increasingly seek healthier and more sustainable options. The rising demand for natural and plant-based products in industries such as pharmaceuticals, cosmetics, and food and beverages will stimulate business development

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As consumers become more health-conscious and seek natural remedies and supplements, the awareness and demand for apigenin as a dietary supplement or ingredient in functional foods and beverages are increasing. The growing body of research supporting the health benefits of apigenin is driving market growth.

One pitfall for the apigenin market could be the limited availability and extraction challenges. Although apigenin is naturally present in several plant sources, extracting it in large quantities can be challenging and costly. The limited availability and extraction difficulties may result in potential supply constraints, leading to fluctuations in pricing and availability of apigenin. Moreover, the reliance on specific plant sources for apigenin extraction raises concerns about sustainability and potential environmental impacts, necessitating careful management and alternative sourcing strategies to mitigate these challenges.