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Isoflavones Market Share

Report ID: GMI3077
Published Date: Mar 2023
Report Format: PDF

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Isoflavones Market Share

Some of the leading companies in the isoflavones market include:

ADM
Guzen Development
Fujicco Co., Ltd
Medisys Biotech
SK Bioland
HerboNutra
Frutarom Ltd.
Aushadhi Herbal
Nutra Green Biotechnology Co., Ltd.
Tradichem.

These firms are focusing on innovations and R&D activities to strengthen their business footprint. For instance, in March 2023, ADM entered a joint venture agreement with Marel to establish an innovation center in the Netherlands with an aim of accelerating the need for alternative protein capabilities.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of isoflavones reached USD 16.5 billion in 2022 and is anticipated to witness over 5% CAGR from 2023 to 2032.

The soy isoflavones segment is estimated to surpass USD 26 billion by the end of 2032, owing to the growing consumer inclination toward plant-based protein.

The market size for isoflavones in North America is projected to grow at 4.8% CAGR between 2023 and 2032, driven by the advent of veganism and plant-based diets in the region.

ADM, Medisys Biotech, Fujicco Co., Ltd, SK Bioland, Aushadhi Herbal, HerboNutra, Frutarom Ltd., Guzen Development, and Tradichem are some of the leading manufacturers and suppliers of isoflavones across the world.