The Phytoestrogen Supplements Market is expected to reach USD 3798.4 Million by 2030 at 4.80% CAGR during the forecast period 2022-2030. Phytoestrogens are xenoestrogens generated from plants that are used to treat difficulties linked with a decrease in estrogen production that occurs throughout menopause and other stages of life. There has been an upsurge in the desire for phytoestrogens during the last several years. Various variables, including an expanding female elderly population, expanding supply for nutraceuticals, an increase in the incidence of acne, and more knowledge about women's health, are all contributing to this trend.
The bulk of phytoestrogen pills are reserved for female patients, who use them to treat symptoms such as menopausal symptoms, excessive sweating, changes in mood, anxiety, and some other conditions. The average age of menopausal females is roughly 51 years old, according to statistics. In this regard, the growing number of senior citizens is a significant driving force in the industry. As per the United Census Bureau, the overall worldwide female elderly population is projected to rise between 3,601 million in the year 2015 to 4,139 million by the end of the year 2030, representing a 12% increase. Consequently, it is predicted that the market would grow at a rapid pace in the existence of such tendencies over the projected period.
This report contains all the information on the global phytoestrogen supplements market analysis and its strengths. The report also contains the culmination of dynamics, segmentation, key players, regional analysis, and other important factors. And a detailed analysis of the global market.
Covid 19 Analysis
The COVID19 epidemic had a tremendous influence on numerous businesses on multiple levels; Some of them were boundary limitations, shipping and logistical limitations, and international prohibitions. It also produced financial instability since the epidemic created a scenario where both industrial and service businesses were held shut for an extremely extended duration. The absence of adequate remedy and the rising number of persons contaminated with COVID, as well as the unpredictability of the conclusion of the disaster, are considerably larger than with prior outbreaks. The epidemic has led to the shutdown of areas, border limitations, and the collapse of transit networks.
Market Dynamic
The Phytoestrogen Supplements Market growth is expected to expand as a result of increased desire for plant-based goods in the commonly consumed dietary supplements, rising understanding of the medical advantages offered with phytoestrogens, and an expanding number of athletes worldwide.
Cosmetics may also benefit from the antioxidant characteristics of phytoestrogen, which is used in the production of these products. Phytoestrogen usage is expected to rise as more people use personal grooming items and cosmetics.
Restraints
Usage of phytoestrogen supplements is associated with the hazards of uterine fibroids, endometriosis, endocrine disturbance, and some other conditions, showing that they also have the ability to trigger negative health consequences in certain individuals. Consequently, the prevalence of such risk variables, along with low medical spending in the middle- and limited income nations, is expected to limit phytoestrogen supplements market outlook expansion throughout the projection period.
The business expansion is expected to be restrained throughout the projected period by the risks linked with consumerism and poor medical spending in middle and low-income nations.
Cumulative Growth Analysis
The need for nutraceuticals has expanded significantly in recent years. It has been claimed that phytoestrogen-based nutraceuticals were widely used to minimize the chances of cardiovascular disease, osteoporosis, and other disorders. As a result, it is anticipated that the need for phytoestrogen supplements will rise in tandem only with the expansion of the nutraceutical business. According to the Indian Brand Equity Foundation, the global Indian nutraceuticals industry would achieve a value of USD 10 billion by the end of the year 2022, growing at a compound annual growth rate of a CAGR of 21 percent.
Value Chain Analysis
According to the reports, the phytoestrogen supplements market can be divided into four categories in terms of type, source, Application, end-user, and geography. In terms of kind, the market is divided into two categories: flavonoids and non-flavonoids, respectively. Isoflavones, prenylflavonoids, coumestans, and other flavonoids are subdivided into the flavonoids section, which includes additional flavonoids. In the isoflavones sector, there are many subgroups, including biochanin A, genistein, daidzein, glycitein, and others. The non-flavonoids portion is further subdivided into lignans and stilbenes, which are both antioxidants.
The market is segmented according to the source into meat products, nuts and oilseeds, cereals and bread, soy products, legumes, and other items. The market is split into four categories based on Application: food & drinks, cosmetics, nutraceuticals, and other applications. The market is segmented based on the end-user, with research organizations, hospitals & clinics, and others being the most common.
Segmentation Overview
The market is segmented based on the type, source, Application, end-user, and geography. The global phytoestrogen supplements market trends are expected to witness decent growth during the forecast period.
By Application
The Application is segmented into food & drinks, cosmetics, nutraceuticals, and others based on the Application.
By end-users
Based on the propulsion types, the market is segmented into research organizations, hospitals & clinics, and others.
Phytoestrogen Supplements Market Regional Analysis
According to the reports, on the basis of region, the global phytoestrogen supplement market is divided into the Americas, Europe, Asia Pacific, the middle east, and Africa. Due to the obvious expanding female aging populations in the Americas, as well as the involvement of various market participants in the area, the Americas lead the worldwide market of phytoestrogen supplements. In 2017, the Asia Pacific area grew at the quickest rate in the market for phytoestrogen supplements, according to market research. Raising knowledge of women 's wellness, the development of nutraceutical businesses in the area, and the existence of fast-expanding medical systems in the region contribute to the nation's market expansion.
The Middle East and Africa, on the other side, account for the smallest proportion of the global phytoestrogen supplement market share. Poor economic conditions and low income, particularly in the African area, cause the industry to lag behind other regions in the area. The Middle East is expected to hold the bulk of the sales volume in this region, owing to increased government expenditure in healthcare for medical, as well as the existence of established nations such as the United Arab Emirates, Dubai, Kuwait, and the others.
Competitive landscape
In general, the global phytoestrogen industry is concentrated, and companies have used acquisitions to expand their footprints. E-commerce portals and play stores, for example, are being used by major businesses to increase sales rates. Producers in the phytoestrogen supplement market value will benefit from new sales channels created via strategic use of e-commerce.
Major Key Players
Report Overview
The following report comprises of –
Recent Developments
Acne is becoming more common in Europe, so phytoestrogen pills may be used to cure the condition. As a result, the acne industry in the area is growing at a rapid pace. Acne affects 28 percent of the population in the area, as per the British Skin Foundation in the year 2016.
Phytoestrogen Supplements Market, by Type
Phytoestrogen Supplements Market, by Source
Phytoestrogen Supplements Market, by Application
Phytoestrogen Supplements Market, by End-User
Phytoestrogen Supplements Market, by Region
| Report Attribute/Metric | Details |
| Market Size | USD 3798.4 Million |
| CAGR | 4.80% (2022-2030) |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2020 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Source, Application, End-user |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Nutritionexpress, Doterra, Naturesplus, Vitacost, Solaray, Helios, Archer Daniels Midland, SK Bioland, Medisys Biotech Pvt. Ltd., Guzen Development, Fujicco Co., Ltd, Aushadhi Herbal, Tradichem S.L, Frutarom Ltd., Nutra Green Biotechnology Co., Ltd., HerboNutram, and others. |
| Key Market Opportunities | New product launches and R&D Amongst major key Players |
| Key Market Drivers | · Increasing female geriatric population · Growing demands for nutraceutical · Rising prevalence of acne · Increasing awareness regarding women health |
Phytoestrogen Supplements Market Highlights:
Frequently Asked Questions (FAQ) :
Phytoestrogens are plant-derived xenoestrogens used to address issues associated with the decline of estrogen secretion during menopause.
Global Phytoestrogen Supplements Market is expected to exhibit a strong 4.80% CAGR over the forecast period from 2022 to 2030.
The increasing female geriatric population is a major driver for the Phytoestrogen Supplements Market.
The Americas dominate the global Phytoestrogen Supplements Market.
Leading players in the Phytoestrogen Supplements Market include Doterra, Vitacost, and Helios, among others.
Assistant Manager He holds an experience of about 7+ years in market research and business consulting, working under the spectrum of life sciences and healthcare domains. rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. his expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. in addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives
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