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Isoflavones Market Size

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

Isoflavones Market Size

Isoflavones Market size valued at USD 16.5 billion in 2022 and is projected to expand at over 5% CAGR from 2023 to 2032.

 

The rapidly growing health-conscious population, particularly across the North American region is expected to have a positive impact on the industry growth. In the recent past, a large portion of the Western populace has turned obese or overweight due to the rising acceptance of unhealthy dietary habits and lifestyle preferences. As per the State of Obesity 2022 report published by the Trust for America’s Health (TFAH) in September 2022, four in ten U.S. adults are obese. Obesity is a growing burden on the U.S. healthcare resulting in an estimated surge in spending by USD 170 billion. Hence, the rising focus on weight management and the growing emphasis on health and fitness is expected to prompt individuals to adopt healthier dietary lifestyles.

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.

Isoflavones Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 406
  • Countries covered: 23
  • Pages: 300
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