Isoflavones Market

Isoflavones Market was valued at USD 1,216 Million in 2019 and projected to grow at 4.3% over the forecast period.

Isoflavones Market Overview

Isoflavones refer to plant derivatives that belong to the class of phytoestrogens. Isoflavones are sourced from a variety of plants and food products in the form of powder. They are mostly extracted from red clover, soybeans, flaxseeds, beans, green tea, lentils, and peas. They are widely used in manufacturing cosmetics, and numerous hair care products including shampoos and hair oil. Isoflavones are also used in the pharmaceutical industry as they help in curing different diseases.

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Major Isoflavones Market Drivers

Rising awareness of the consumption of naturally derived products and growing population are certain factors surging market growth. Isoflavones decrease the risk of breast cancer and prevent the growth of cancer cells by reducing cell multiplication. It also decreases the risk of stroke and coronary heart disease. Moreover, isoflavones induce bone formation and raise bone mass. These products are used in cosmetics to treat wrinkles, skin firming, protect sun damage, and be used as a moisturizing agent. All these factors are fuelling the growth of the market during the forecast period. Growing demand from the food & beverage industry due to the high content of minerals, proteins, and vitamins is also boosting the growth of the global isoflavones market.

The increasing demand for isoflavones from the nutraceuticals and dietary supplements sector is projected to propel the market growth. Growing issues regarding menopause has shifted the women’s preference toward supplements with natural substitutes. Thus, the surging demand for isoflavones from the nutraceutical industry is expected to surge during the forecast period. On the other hand, increasing allergies from soy-based products and side effects caused by excessive use of isoflavones products for long durations such as itching, cramping, migraine, headache, digestive disorders, and stomach irritations, will hamper the Global Isoflavones Market growth.

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Based on the Source, the market is segmented into soy, red clover, and others. The soy segmented is expected to dominate the market during the forecast period due to the increasing consumption of soy isoflavones as food supplements, which reduces the risk of breast cancer and growth of cancer cells by decreasing the cell mitosis process.

Based on Application, the market is segmented into pharmaceuticals, nutraceuticals, cosmetics, and food & beverages. The pharmaceuticals segment is expected to grow at a higher CAGR during the forecast period due to its therapeutic and functional properties. Isoflavones are mostly used in the treatment of chronic and cardiovascular diseases. In addition to this, the cosmetics segment is projected to dominate the market during the forecast period. The increasing cosmetics application as antioxidants in skin care and hair care products, which is surging the segment growth.

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Based on the region, the North America region is expected to dominate the market during the forecast period. Growing cases of obesity in North America increases the focus on weight management techniques, which is encouraging the consumers to opt for health and natural food products and ingredients, this factor is surging the demand for the isoflavones market in this region. Health conditions related to obesity include type 2 diabetes, obesity-related conditions including type 2 diabetes, hypertension, stroke, heart disease, and several cancer types are leading to premature deaths. All these factors are attracting consumers to shift towards healthy food & beverages, thus propelling regional industry growth.

Top Market Players

Various notable players operating in the market include Cargill, Incorporated, BASF SE, DSM, International Flavors & Fragrances Inc., Shanghai Freemen, LLC, Nexira, Sikko Industries Ltd., NutraScience Labs., Nutra Green Biotechnology Co.,Ltd., and FutureCeuticals, among others.

Key Developments: 

• • In 2019, Frutarom introduced a new range of organic soy isoflavones. Frutarom health has launched Organic SoyLife Complex, a new range of organic soy ingredients products. Organic SoyLife Complex is sourced from the soy gem that sits at the heart of the soybean. The ingredient is especially high in concentrations of daidzein, which is the most active constituents in soy and known for its antioxidant and phytoestrogenic properties.

Segments covered in the Report:

The global isoflavones market has been segmented on the basis of source, application, form, and regions. Based on Source, the market is segmented into soy, red clover, and others. Based on Application, the market is segmented into pharmaceuticals, nutraceuticals, cosmetics, and food & beverages. Based on Form, the market is segmented into powder and liquid.

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Market Segmentation

Global Isoflavones Market by Source

• • Soy
  • Red Clover
  • Others

Global Isoflavones Market by Application

• • Pharmaceuticals
  • Nutraceuticals
  • Cosmetics
  • Food & Beverages

Global Isoflavones Market by Form

• • Powder
  • Liquid

Global Isoflavones Market by Region

• • North America Isoflavones Market (Option 1: As a part of the free 25% customization)

    • North America Isoflavones Market by Source
    • North America Isoflavones Market by Application
    • North America Isoflavones Market by Form
    • US Isoflavones Market All-Up
    • Canada Isoflavones Market All-Up

  • Europe Isoflavones Market (Option 2: As a part of the free 25% customization)

    • Europe Isoflavones Market by Source
    • Europe Isoflavones Market by Application
    • Europe Isoflavones Market by Form
    • UK Isoflavones Market All-Up
    • Germany Isoflavones Market All-Up
    • France Isoflavones Market All-Up
    • Spain Isoflavones Market All-Up
    • Rest of Europe Isoflavones Market All-Up

  • Asia-Pacific Isoflavones Market (Option 3: As a part of the free 25% customization)

    • Asia-Pacific Isoflavones Market by Source
    • Asia-Pacific Isoflavones Market by Application
    • Asia-Pacific Isoflavones Market by Form
    • China Isoflavones Market All-Up
    • India Isoflavones Market All-Up
    • Japan Isoflavones Market All-Up
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  • RoW Isoflavones Market (Option 4: As a part of the free 25% customization)

    • RoW Isoflavones Market by Source
    • RoW Isoflavones Market by Application
    • RoW Isoflavones Market by Form
    • Brazil Isoflavones Market All-Up
    • South Africa Isoflavones Market All-Up
    • Saudi Arabia Isoflavones Market All-Up
    • UAE Isoflavones Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Isoflavones Market All-Up

Major Players Operating the Isoflavones Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Cargill, Incorporated
  • BASF SE
  • DSM
  • International Flavors & Fragrances Inc.
  • Shanghai Freemen, LLC
  • Nexira
  • Sikko Industries Ltd.
  • NutraScience Labs.
  • Nutra Green Biotechnology Co.,Ltd.
  • FutureCeuticals