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Apigenin has been studied extensively for its potential therapeutic properties, including antioxidant, anti-inflammatory, anti-cancer, and neuroprotective effects. This has led to increased interest in utilizing apigenin in the development of pharmaceutical drugs and nutraceutical products. As research on apigenin continues to advance, the identification of new therapeutic applications and formulations is likely to influence the market growth. There is a significant emphasis on research and development activities within the apigenin business. As the understanding of apigenin's properties and potential applications expands, there is a continuous effort to explore its efficacy, safety, and interactions. Research initiatives are aimed at discovering novel uses, optimizing extraction methods, and enhancing the bioavailability of apigenin.
Apigenin market revenue from pharma & healthcare segment exceeded USD 127.2 thousand in 2022 and will reach USD 191.2 thousand by 2032, as the product is extensively utilized for its potential therapeutic properties, including its antioxidant, anti-inflammatory, anticancer, neuroprotective, and antimicrobial effects.
The market size of apigenin was valued at around USD 300 Thousand in 2022 and is estimated to surpass USD 435.5 Thousand by 2032, backed by the potential health benefits and therapeutic properties of the product which favors its demand across pharmaceuticals, cosmetics, and food & beverages sectors.
North America marker for apigenin crossed USD 144.1 thousand in 2022 and is expected to reach USD 209.7 thousand by 2032, owing to the consumer preference for natural ingredients, and a rising demand for plant-based ingredients in various industries, including pharmaceuticals, nutraceuticals, and cosmetics.
Indofine Chemical Company Inc., Cayman Chemical Company, TCI Chemicals, Sigma-Aldrich (Merck KGaA), ChemFaces, and Extrasynthese.