Global Limonin Market Value to Touch USD 500 MN By 2026
Posted On November 15, 2019
A report has been published on the Global Limonin Market by the eminent market research company, Value Market Research. The report valued the market close to 399.78 MN in 2019 and anticipates it to touch USD 500 MN by 2026 with a CAGR of 3.25% within the forecasted period from 2019 to 2026. Limonin is being used widely to treat cancer due to its proapoptotic and anti-proliferative properties. It also has various kinds of biological applications such as being used as an anti-tumour, insect antifeedant, anti-virus, analgesic, anti-inflammatory and hypnotic. The usage of limonin by industries such as food & beverages, healthcare, chemicals and as a supplement are few of the factors driving the growth of the global limonin market.
Limonin is a white coloured crystalline compound which is found in citrus plants commonly. Limonin is also referred to as a limonoid. The chemical formula of limonin is C26H3O8. It has a bitter taste and it can be extracted from the seeds of oranges, lemons, grapefruits and other such citrus fruits. Limonin is available in quantities almost similar to the amount of vitamin C present in citrus fruits. When orange juice is produced, the skin is processed into a cattle feed product called citrus molasses and pure limonin can be extracted from the molasses and used to fortify foods and be used as a supplement. It helps in suppressing the growth of bacteria, lowering cholesterol and improving cardiovascular and cerebrovascular circulation apart from possessing proliferative and proapoptotic properties.
The report “Global Limonin Market Report By Product (Purity 98%, Purity 95% And Others), By Application (Healthcare & Pharmaceuticals, Food & Beverage, Chemical Manufacturing And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2018-2025’’ covers the global limonin market’s growth opportunities and its market flow by providing a detailed description along with a segmentation by product, application and geographical regions.
By product, the global limonin market is classified into purity 98% and purity 95% out of which limonin with the highest purity i.e. 98% purity has dominated this segmentation owing to the rising demand from the food & beverages, pharmaceutical and the bio-pesticides industries respectively. By application, healthcare & pharmaceuticals, food & beverage and chemical manufacturing are the segments into which the global limonin market is classified into. Healthcare & pharmaceuticals have emerged as the leading segment owing to the increase in the detection of cancer, obesity and cardiovascular diseases.
North America, Europe, Asia-Pacific, Latin America and Middle East & Africa are the geographical segments over which the global limonin market is studied. North America has been observed to be the leading segment of this segmentation owing to the increase in the usage of organic ingredients in medicines, food products and skin care products.
The Report Segments Global Limonin Market –
Middle East & Africa
Players Profiled In the Report:
Aktin Chemical Inc., ALB Technology, Carbosynth, Cayman Chemical, Changsha Natural-ex Inc., Chemodex Ltd, ChemScene, LLC, TCI America, and Toronto Research Chemicals
Download the FREE SAMPLE of Global Limonin Market Research Report
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