Global Lignans Market, By Source Type (Oilseeds, Cereals, Plant Resins), End User (Food and Beverages, Cosmetics and Toiletries, Pharmaceuticals, Animal Nutrition, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Lignans Market
Lignans market size is valued at USD 609.85 million by 2028 and is expected to grow at a compound annual rate of 7.10% in the forecast period 2021 to 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 in the forecast period of 2021 to 2028.
Lignans are phenylpropanoid dimers which consist of two phenyl propane units connected by their central C8 carbons. These substances are broadly present in plants which usually arise in stem, bark, root, fruits and seed parts. Lignans are chiefly derived from sesame seeds, flax seeds, pumpkin seeds, sunflower seeds, wheat, corn, broccoli, strawberry and pea.
The major growing factor towards lignans market is the rising consumption of cereal based foods such as muesli, oatmeal, raisin bran and compressed puffed rice. The prime factor driving the demand for lignans is the rising usage of lignans to incorporate estrogen and antioxidant attributes to food products such as energy bars, cereals, whole-grain bread, crackers, semolina pasta, meatless meals and other snack food. Furthermore, the increasing health concerns, increasing animal feed industry and strong pharmaceutical sector which is also heightening the overall demand for lignans market over the forecast period of 2021 to 2028. Moreover, the increasing preference for herbal products over synthetic drugs and a rapid upward trend in the overall functional food and beverage industry also serves as a foremost driver for increasing the demand for lignans market at a global level. In addition, the high disposable income, technological developments, changing demographics and lifestyles and various favorable research studies are also lifting the growth of 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, whereas the lack of product awareness amongst the consumers has the potential to challenge the growth of the lignans market.
Moreover, the rapid technological advancements and innovations in the lignans extraction procedure are encouraging manufacturers to manufacture new product solutions catering to a wide range of food and beverage and pharmaceutical applications which will further generate new opportunities for the lignans market in the forecast period of 2021 to 2028.
This lignans market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on lignans market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Lignans Market Scope and Market Size
Lignans market is segmented on the basis of source type and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source type, the lignans market has been segmented into oilseeds, cereals and plant resins.
- The end user segment of the lignans has been segmented into food and beverages, cosmetics and toiletries, pharmaceuticals, animal nutrition and others. Food and beverages have further been segmented into functional food, functional beverages, dietary supplements and others. Cosmetics and toiletries have further been segmented into haircare, skincare, toiletries and others. Pharmaceuticals have further been segmented into estrogen related health diseases and cardiovascular disease.
Lignans Market Country Level Analysis
Lignans market is analyses and market size, volume information is provided by country, source type and end user as referenced above.
The countries covered in the lignans market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific leads the lignans market because of 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. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 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.
The country section of the lignans market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Lignans Market Share Analysis
Lignans market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to lignans market.
The major players covered in the lignans report are Naturalin Bio-Resources Co., Ltd., BioGin Biochemicals Co. Ltd., Prairie Tide Diversified Inc., KINGHERBS, Skuny Bioscience Co., Ltd., ADM, Chengdu Biopurify Phytochemicals Ltd., and Arjuna Natural Pvt Ltd among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.