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Quercetin Market Analysis

  • Report ID: GMI10405
  • Published Date: Jul 2024
  • Report Format: PDF

Quercetin Market Analysis

The powder segment will capture USD 2.51 billion and demonstrate a 12.2% CAGR through 2032, due to its versatility and ease of incorporation into various products. Quercetin powder is commonly used in dietary supplements, functional foods, and beverages, providing consumers with a convenient way to boost their antioxidant intake. Its high bioavailability and effectiveness in powdered form make it a popular choice among health-conscious individuals.

 

Additionally, the powder form allows for precise dosing and easy blending with other ingredients, enhancing its appeal in the nutraceutical and pharmaceutical industries. The increasing demand for natural and plant-based supplements further drives the growth of the quercetin powder segment.

 

Quercetin Market Revenue Share, By Nature, (2023)

The quercetin market from inorganic segment will expand to USD 2.14 billion and garner an 12.2% CAGR from 2024 to 2032. In the market, the inorganic segment refers to synthetic or chemically synthesized forms of quercetin, often used in pharmaceuticals and some dietary supplements. This segment faces challenges related to consumer preferences for natural and plant-derived ingredients, as well as regulatory scrutiny concerning safety and efficacy compared to natural quercetin sources.

 

However, inorganic quercetin can offer advantages such as cost-effectiveness and standardized purity levels, which appeal to certain industries requiring consistent product quality. Market dynamics include ongoing research to improve synthesis methods and meet regulatory standards, aiming to enhance market acceptance and competitiveness.

 

The application of quercetin in dietary supplement in quercetin market will expand to USD 1.18 billion and garner an 11.7% CAGR from 2024 to 2032. In dietary supplements, quercetin is utilized for its potent antioxidant and anti-inflammatory properties, which support various health benefits. It is commonly included in formulations aimed at boosting immunity, reducing inflammation, and promoting cardiovascular health.

 

Quercetin's ability to scavenge free radicals and inhibit inflammatory pathways makes it valuable in supplements targeted at enhancing overall well-being and combating oxidative stress. Its natural occurrence in fruits, vegetables, and grains aligns with consumer preferences for plant-based and clean-label products. The global market for questioning dietary supplements continues to grow as research underscores its potential health benefits and as manufacturers innovate to improve bioavailability and effectiveness in formulations.

 

The quercetin market from modern grocery stores segment will expand to USD 1.4 billion and garner an 12% CAGR from 2024 to 2032. In modern grocery stores worldwide, the distribution of quercetin products is expanding to meet growing consumer demand for natural health supplements. These stores, including large chains and specialty health food stores, dedicate shelf space to quercetin supplements, often positioned alongside other vitamins and antioxidants.

 

Marketing strategies emphasize quercetin's benefits such as immune support and anti-inflammatory properties, appealing to health-conscious shoppers. Online platforms complement traditional retail channels, offering convenience and broader accessibility. Manufacturers and retailers focus on ensuring product quality, transparency in sourcing, and compliance with regulatory standards, enhancing consumer trust and facilitating the continued growth of quercetin sales in modern grocery stores.

 

North America Quercetin Market Size, 2021- 2032 (USD Million)

North America quercetin market will record 12.2% CAGR during 2024 and 2032, driven by increasing consumer awareness of its health benefits and rising demand for natural supplements. Quercetin's popularity as a dietary supplement is growing due to its antioxidant and anti-inflammatory properties, which support immune health and overall wellness.

 

The market benefits from a robust dietary supplement industry infrastructure and a strong focus on wellness trends. With expanding distribution channels across retail stores and online platforms, coupled with ongoing research and development efforts, the market in North America is poised for continued growth and adoption among health-conscious consumers.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of quercetin reached USD 1.29 billion in 2023 and will expand at 12.4% CAGR between 2024 and 2032, owing to growing consumer awareness of its health benefits, such as anti-inflammatory, antioxidant, and immune-boosting properties.

The dietary supplement segment will reach over USD 1.18 billion by 2032, fueled by increasing consumer interest in natural health products and preventive healthcare.

North America market will record 12.2% CAGR through 2032, due to the region's advanced healthcare infrastructure and robust dietary supplement industry, high consumer awareness of health and wellness benefits associated with quercetin.

Key players operating in the market are Kingherbs Ltd, Natural Anhui Biotechnology Co. Ltd, Xi

Quercetin Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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