Citrus Bioflavonoid Market Insights
The global citrus bioflavonoid market is estimated to witness a significant CAGR during the forecast period (2020-2026). Rising concern towards healthy lifestyles along with growing demand for packaged foods are some of the major factors driving the market growth. Citrus bioflavonoid is the pigmented part of plant-derived from fruits high in Vitamin C such as oranges, lemons, grapefruit, and peels of these fruits. It contains antioxidants which helps in sustaining a healthy life. Citrus bioflavonoid is considered beneficial to health as it improves the immune system, maintains a healthy heart and decreases the chances of cardiovascular, kidney-related diseases, blood pressure, and reduces the chance of asthma or cancer. Bioflavonoids play a key role in the prevention of renal disease development and in the regulation of blood sugar levels. These health-promoting benefits of flavonoids increases its demand as supplements and in food & beverages which propels the growth of the citrus bioflavonoid market. Moreover, growing belief and high acceptance for herbal supplements are also expected to fuel the growth of the market. However, stringent government regulations are likely to hamper the market growth during the forecast period.
Citrus Bioflavonoid Market Size: By Product Type
Based on the product type, the citrus bioflavonoid market is bifurcated into food grade and pharma grade citrus bioflavonoids. The food-grade citrus bioflavonoids are estimated to hold the largest market share during the forecast period. The increase in demand for the citrus bioflavonoid in the food & beverage industry owing to its several health benefits drives the growth of the segment in the citrus bioflavonoid market. Furthermore, the pharma-grade citrus bioflavonoids segment is also expected to witness considerable growth over the period.
Citrus Bioflavonoid Market Size: By Application
Based on the application, the citrus bioflavonoid market is segmented into dietary supplements, cosmetics, and beverages. The dietary supplements segment is anticipated to hold a significant share in the market during the forecast period. Rising consumer awareness regarding health and health supplements in developed economies where the population has a heightened trust in herbal and botanical supplements drives the growth of the segment. The beverages segment is also expected to witness significant growth over the coming years.
Citrus Bioflavonoid Market Size: By Distribution Channel
Based on the distribution channel, the citrus bioflavonoid market is segmented into retail, online retail, herbal specialty store, and supermarkets. The online retail segment is estimated to hold a large market share in terms of revenue during the forecast period. Growing technological advancements and rising internet penetration propel the growth of the online retail segment in the citrus bioflavonoid market.
Citrus Bioflavonoid Market Size: By Region
Based on region, the global citrus bioflavonoid market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. Europe is expected to hold the largest market share in terms of revenue due to the high use of herbal extracts in countries such as Germany, France, and the UK. Moreover, growing changes in consumer lifestyles, along with eating habits and lack of exercise is likely to affect human health and the growing number of cardiovascular diseases are some of the factors driving the market growth. Furthermore, rising concerns towards healthier lifestyles and high acceptance of natural food and products containing natural ingredients drive the growth of the citrus bioflavonoid market in the North American region.
Citrus Bioflavonoid Market Share & Competitor Analysis
Some of the key players operating in the global citrus bioflavonoid market include: Organika Health Products Inc., Natural Factors Inc., Thermo Fisher Scientific Inc., Country Life LLC., Nature LLC, Solgar Inc., Freeda Vitamins Inc., NOW Foods, Nacalai Tesque Inc., Nans Products, Santa Cruz Biotechnology, Inc., Grupo Ferrer Internacional, Merck KGaA, Cayman Chemical Company, S.A., BOC Sciences, Yaan Times Biotech, Hunan Yuantong Pharmaceutical Co., Ltd., MORRE-TEC, J&K Scientific Ltd., Hunan Sunfull Bio-tech Co., Ltd., Destilaciones Bordas Chinchurreta S.A., and Yakult Honsha Co., Ltd., Industries among others.
Please note: This is not an exhaustive list of companies profiled in the report.
- In March 2019, Yakult Honsha Co., Ltd. has announced the production of the Yakult Light fermented milk drink at its Foshan Plant
Check the Press Release on Global Citrus Bioflavonoid Market Report
Citrus Bioflavonoid Market: By Application
- Introduction
- Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- Dietary Supplement
- Dietary Supplement : Citrus Bioflavonoid Market, 2020-2026 (USD Million)
- Beverages
- Beverages: Citrus Bioflavonoid Market, 2020-2026 (USD Million)
- Cosmetics
- Cosmetics: Citrus Bioflavonoid Market, 2020-2026 (USD Million)
Citrus Bioflavonoid Market: By Product Type
- Introduction
- Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- Food Grade
- Food Grade: Citrus Bioflavonoid Market, 2020-2026 (USD Million)
- Pharma Grade
- Pharma Grade: Citrus Bioflavonoid Market, 2020-2026 (USD Million)
Citrus Bioflavonoid Market: By Distribution Channel
- Introduction
- Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- Online Retail
- Online Retail: Citrus Bioflavonoid Market, 2020-2026 (USD Million)
- Herbal Specialty Store
- Herbal Specialty Store: Citrus Bioflavonoid Market, 2020-2026 (USD Million)
- Supermarket
- Supermarket: Citrus Bioflavonoid Market, 2020-2026 (USD Million)
- Retail
- Retail: Citrus Bioflavonoid Market, 2020-2026 (USD Million)
Citrus Bioflavonoid Market: By Region
- Introduction
- Global Citrus Bioflavonoid Market, Regional Analysis, 2020-2026 (USD Million)
- North America
- North America Citrus Bioflavonoid Market, Regional Analysis, 2020-2026 (USD Million)
- By Application
- North America Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- North America Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- North America Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- By Country
- U.S
- By Application
- U.S. Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- U.S. Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- U.S. Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- Canada.
- By Application
- Canada Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- Canada Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- Canada Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- Mexico
- By Application
- Mexico Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- Mexico Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- Mexico Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- Europe
- Europe Citrus Bioflavonoid Market, Regional Analysis, 2020-2026 (USD Million)
- By Application
- Europe Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- Europe Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- Europe Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- By Country
- Germany
- By Application
- Germany Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- Germany Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- Germany Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- UK
- By Application
- UK Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- UK Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- UK Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- France
- By Application
- France Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- France Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- France Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- Italy
- By Application
- Italy Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- Italy Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- Italy Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- Asia Pacific
- Asia Pacific Citrus Bioflavonoid Market, Regional Analysis, 2020-2026 (USD Million)
- By Application
- Asia Pacific Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- Asia Pacific Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- Asia Pacific Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- By Country
- China
- By Application
- China Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- China Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- China Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- Japan
- By Application
- Japan Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- Japan Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- Japan Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- India
- By Application
- India Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- India Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- India Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- South Korea
- By Application
- South Korea Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- South Korea Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- South Korea Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- Rest Of Apac
- By Application
- Rest Of Apac, Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- Rest Of Apac Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- Rest Of APAC Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- Central & South America
- Central & South America Citrus Bioflavonoid Market, Regional Analysis, 2020-2026 (USD Million)
- By Application
- Central & South America Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- Central & South America Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- Central & South America Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- By Country
- Brazil
- By Application
- Brazil Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- Brazil Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- Brazil Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- Middle East & Africa
- Middle East & Africa Citrus Bioflavonoid Market, Regional Analysis, 2020-2026 (USD Million)
- By Application
- Middle East & Africa Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- Middle East & Africa Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- Middle East & Africa Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- By Country
- Saudi Arabia
- By Application
- Saudi Arabia Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- Saudi Arabia Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- Saudi Arabia Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
- UAE
- By Application
- UAE Citrus Bioflavonoid Market, By Application, 2020-2026 (USD Million)
- By Product Type
- UAE Citrus Bioflavonoid Market, By Product Type, 2020-2026 (USD Million)
- By Distribution Channel
- UAE Citrus Bioflavonoid Market, By Distribution Channel, 2020-2026 (USD Million)
The global Citrus Bioflavonoid Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Citrus Bioflavonoid Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.