Home > Food & Beverages > Nutraceuticals > Herbal Supplements > Isoflavones Market
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.
Report Attribute | Details |
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Base Year: | 2022 |
Isoflavones Market Size in 2022: | USD 16.5 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5% |
2032 Value Projection: | USD 28 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 300 |
Tables, Charts & Figures: | 406 |
Segments covered: | Source, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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