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Lignans Market size was valued at USD 77.03 billion in 2023 and is projected to grow at 5.8% CAGR from 2024 to 2032. Growing use of lignans in food, cosmetics, pharmaceutical and animal feed industry will propel the global industry growth. Driven by heightened consumer awareness of health and wellness benefits, the market is witnessing robust growth. These phytochemicals, celebrated for their antioxidant and anti-inflammatory properties, are gaining prominence in the nutraceutical and functional food sectors.
The market thrives on a surging demand for natural and organic ingredients, bolstered by research underscoring lignans' potential in preventing and managing diseases, especially hormone-related ones.
Report Attribute | Details |
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Base Year: | 2023 |
Lignans Market Size in 2023: | USD 77.03 Billion |
Forecast Period: | 2024–2032 |
Forecast Period 2024–2032 CAGR: | 5.8% |
2024–2032 Value Projection: | USD 122.53 Billion |
Historical Data for: | 2021–2023 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 172 |
Segments covered: | By source, By Application and By Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Moreover, technological advancements in extraction methods and broadened applications in dietary supplements and personal care products are fueling this market's expansion. With health-conscious consumers gravitating towards preventive solutions and innovative offerings, the lignans market stands on the brink of significant growth, buoyed by continuous scientific validation and a shift towards integrative health solutions. With these technological advancements and rising industry demands, the market is set for consistent growth.
Lignans are phenylpropanoid dimers consisting of two phenyl propane units linked by their central C8 carbons. These substances are widely present in plants which usually occur in roots, stems, bark, fruits and seed parts. Lignans are predominantly derived from flax seeds, sesame seeds, pumpkin seeds, sunflower seeds, wheat, corn, strawberry, pea and broccoli.
This product boasts a range of compelling attributes, including anti-viral, anti-cancer, anti-inflammatory, anti-microbial, antioxidant, immunosuppressive, and hepatoprotective properties, as well as the ability to prevent osteoporosis. Lignans are utilized across various industries, including food, cosmetics, pharmaceuticals, and animal feed. Consequently, these factors are poised to drive demand for the product.
Consumers are increasingly favoring biobased products over synthetic ones, primarily due to the risks associated with synthetic substances. This product promotes ovarian and uterine health, prostate and colon health, aids digestion, supports hair vitality, and helps in reducing cholesterol and sugar levels, all of which contribute to the growth of the global lignans market.
Stringent government regulations in this industry have led to the production of higher-quality products, yielding positive environmental outcomes. The U.S. FDA has designated this product as Generally Recognized as Safe (GRAS), with no objections to its use in food manufacturing. Thanks to these regulations, manufacturers can produce high-quality products that adhere to standards, potentially lowering compliance costs and boosting company profitability, thus promoting growth in the lignans industry.