The global demand for Soy Isoflavones Market is presumed to reach the market size of nearly USD 27.88 BN by 2028 from USD 17.47 BN in 2021 with a CAGR of 6.9% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Units in 2021 and forecast to touch XX Units by 2028 with a CAGR of XX% during 2022-2028.
Soy isoflavones have been extracted from soy plant leaves, seeds, and shells and are available in oil & wax powder form. It is a rich source of estrogen and vitamin E and has properties such as suppressants and oxidants of breast cancer cells. These products are highly used as alternatives for chemical-based cosmetics, reducing the risk of skin-related problems & serious medical conditions such as carcinoma and melanoma. It also finds application in manufacturing various hair care products, including hair oil and shampoos.
Market Dynamics
The increasing demand from the pharmaceutical and medical industry is the leading factor for the growth of soy isoflavones. Also, growing food and beverage demand drives the market growth. Moreover, increasing consumer awareness of the health benefits of soy isoflavones among individuals may contribute to the growth of this market. The rising demand for natural food ingredients is another important factor in the global market for soy isoflavones. Furthermore, the various health benefits, such as decreasing the risk of breast cancer, protect sun damage and wrinkles, and rising benefits for post-menstrual women, will drive the growth of the soy isoflavones market. However, side effects such as thyroid disorders, food allergies, migraine headaches, and elevated heart rate are major factors that may impede market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of soy isoflavones. The growth and trends of Soy Isoflavones Industry provide a holistic approach to this study.
Market Segmentation
This section of the soy isoflavones market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Raw-Material Type
- Genetically Modified (GM)
- Non-Genetically Modified (Non-GM) Soy
By Application
- Soy-Beverages
- Functional Foods
- Healthcare Products
- Dietary
- Menopausal
- Bone Health
- Others Supplements
By Product Type
- Genistein
- Daidzein
- Glutenin
By Distribution Channel
- Pharmacies/Drugstores
- Health & Beauty Stores
- Hypermarket/Supermarket
- Direct Selling
- Online
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Soy Isoflavones market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Soy Isoflavones Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the soy isoflavones market include Frutarom Health (SoyLife), Archer Daniels Midland Company (ADM), Koninklijke DSM N.V. (DSM), SunOpta Inc., BASF SE, Cargill Inc., Novogen Limited, E. I. du Pont de Nemours and Company. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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