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Hesperidin, due to its antioxidant & anti-inflammatory properties, is a very popular functional ingredient in several health supplements as it supports cardiovascular health, resolves circulatory issues, and also improves the immunity. Modern consumers are highly informed about the advantages of clean & organic ingredients, driving the hesperidin demand as a highly popular nutritional supplement and functional ingredient. The positive consumer outlook for the nutraceutical segment that emphasizes on products that merge nutritional and pharmaceutical benefits is also fueling market demand.
The hesperidin market size was reached USD 180 million in 2022 and is estimated to reach USD 380 million by the end of 2032, owing to the growing customer awareness regarding the positive health benefits of organic & green health ingredients.
The citrus fruits segment accounted for a market value of USD 38 million in 2022, due to the antioxidant & anti-inflammatory benefits it offers.
The U.S. led the North American hesperidin market with a revenue of around USD 90 million in 2022 and will continue growing as the regional consumers are inclining toward preventative healthcare & wellness and organic ingredients.
Achemo Corporation, Auraleafs Labs Private Limited, Hesperidin Market, BOCSCI Inc., BioCrick Co., Ltd., Benepure Corporation, Bolise Co., Ltd., Chengdu Runde Pharmaceutical Co., Ltd., and Morre-Tec Industries.