The Global Lignans Market is estimated to exhibit a CAGR of 7.10% during the forecast period of 2021-2028 and will reach USD 609.85 million by 2028. The rapidly increasing use of lignans in food, cosmetics, pharmaceutical and animal feed industry and increasing use in functional foods and nutraceuticals due to its numerous health benefits is the factor for the lignans market.
However, the regulations and taxations on lignans production by various governments in the different regions are projected to act as a restraint towards the growth of lignans market.
According to Data Bridge Market Research, the lignans market will exhibit a significant rise in its market value. The rising consumption of cereal based foods such as muesli, oatmeal, raisin bran and compressed puffed rice, rising usage of lignans to incorporate estrogen and antioxidant attributes to food products, the increasing health concerns, increasing animal feed industry and strong pharmaceutical sector, the increasing preference for herbal products over synthetic drugs, high disposable income, technological developments, changing demographics and lifestyles and various favourable research studies are also lifting the growth of the lignans market.
Currently, Asia-Pacific will dominate the global lignans market owing to the rapid product developments and the various government-mandated fortifications as well as the rapid increase in the consumption of functional food items in this particular region.
Now the question is which are the other regions that the lignans market is targeting? Data Bridge Market Research has estimated a large growth in North America owing to the increasing cases of obesity in the U.S. have encouraged various national campaigns, public and private, to lift health awareness and support disease prevention within this region.
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The global lignans market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Key Market Competitors Covered in Lignans Market report
Above are the key players covered in the report, to know about more and exhaustive list of lignans market companies contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-lignans-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Lignans Market – Industry Trends and Forecast to 2028