MARKET INTRODUCTION
Isoflavones are known as substituted derivatives of isoflavone, a type of naturally occurring isoflavonoids. Isoflavones are produced by the members of the bean family, called Fabaceae (Leguminosae). Although isoflavones are closely related phytoestrogens and sold as dietary supplements, there is very little scientific evidence for the safety of long-term supplementation or of health benefits from these compounds. Isoflavones are produced through a branch of the general phenylpropanoid pathway, which produces flavonoid compounds in higher plants. Soybeans are the most common source of isoflavones for consumption. The major isoflavones in soybean are genistein and daidzein. Isoflavones from soy have been reported to provide a number of health benefits, including the promotion of heart health and the maintenance of bone health.
MARKET DYNAMICS
The soy isoflavones market has witnessed significant growth owing to factors such as a wider application of soy isoflavones in food & beverages, pharmaceuticals, nutraceuticals, cosmetics, and other applications. The rising awareness among consumers towards health benefits associated with soy isoflavones, such as prevention of heart-related diseases, asthma, diabetes, and others, is further influencing this market. In addition to that, increasing trend of plant-based diets owing to its benefits such as weight management, low blood sugar levels, cholesterol, and abdominal fat is expected to boost the market growth for soy isoflavones in the upcoming years. However, climatic changes may hamper the cultivation of soy plants, which may further impact on the growth of the soy isoflavones market. Nevertheless, with the steady growth in the food processing industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Soy Isoflavones Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the soy isoflavones market with detailed market segmentation by source, form, application, and geography. The global soy isoflavones market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading soy isoflavones market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global soy isoflavones market is segmented on the basis of source, form, and application. On the basis of source, the soy isoflavones market is segmented into soy, red clover, and others. Based on form, soy isoflavones market is segmented into powder and liquid. The soy isoflavones market on the basis of the application is classified into pharmaceuticals, nutraceuticals, cosmetics, food and beverages, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global soy isoflavones market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The soy isoflavones market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the soy isoflavones market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the soy isoflavones market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global soy isoflavones market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from soy isoflavones market are anticipated to lucrative growth opportunities in the future with the rising demand for soy isoflavones in the global market. Below mentioned is the list of few companies engaged in the soy isoflavones market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the soy isoflavones market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Archer Daniels Midland Company
- Avestia Pharma
- BASF se
- Biomax
- Cargill, Incorporated
- DSM
- International Flavors and Fragrances (Frutarom)
- Nexira Inc.
- Shanghai Freemen
- SK Bioland
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