Citrus Bioflavonoids Market

Global Citrus Bioflavonoids Market Size (2024 To 2032)

The size of the global citrus bioflavonoids market is expected to be worth USD 1.13 billion in 2024 and grow at a CAGR of 6.20% from 2024 to 2032 to achieve USD 1.83 billion by 2032. 

Bioflavonoids are a group of plant pigments that give color to many flowers and fruits. Citrus bioflavonoids are mostly found in citrus fruits such as lemon, grapefruit, orange, and tangerine. Citrus bioflavonoids contain antioxidants that help maintain a healthy life. Citrus bioflavonoids are extracted from fruits rich in vitamin C and work by neutralizing free radicals. Various types of bioflavonoids are extracted from citrus, such as hesperidin (orange and lemon), naringin and naringenin (grapefruit), mandarin retin (lemon peel and orange), and diosmin (lemon and orange). This bioflavonoid is used extensively in the dietary supplement industry, and its demand is increasing worldwide due to healthy lifestyle trends. The future progress of the citrus bioflavonoid market can be attributed to a number of factors, such as increasing health and wellness awareness and increasing emphasis on the consumption of natural health care products.

MARKET DRIVERS

Citrus bioflavonoids are natural compounds that are behind many of the health benefits, which is the main and most prominent reason that it is expected to lead the citrus bioflavonoid market.

Due to other properties that bioflavonoids exhibit, it is considered beneficial to the heart and brain, reducing the likelihood of asthma or cancer. Additionally, citrus bioflavonoids are used in a variety of alcoholic and instant drink products. As demand for packaged and easy-to-transport foods increases among consumers due to a busy lifestyle, citrus bioflavonoids lead the citrus bioflavonoid market as it is commonly used as a functional ingredient in many foods and beverages to increase nutritional value. Citrus bioflavonoids also protect the brain by preventing cell destruction in the nervous system, the leading cause of Parkinson's and Alzheimer's. Citrus bioflavonoids have a large and powerful effect on human health, enhance the immune system, improve the body's vitamin C levels, and the functional value of citrus bioflavonoid foods maintains a healthy heart and reduces the likelihood of related cardiovascular disease with kidneys. This helps improve brain function in adults. They have a large amount of fiber that improves digestive health. In addition to this, citrus bioflavonoids have anti-inflammatory and antioxidant properties, which help prevent cancer. The demand for these products in the food and beverage industry is increasing due to changes in lifestyle worldwide and the eating habits of consumers. The manufacturer's numerous health claims have certainly attracted consumers, and in recent years there have been numerous product launches in the supplement sector. The popularity among gymnastic athletes has increased the demand for this product many times over. These health claims for herbal products, including broccoli powder, are often pure, non-toxic, and the growing demand for food and beverages, which are considered to be of great benefit to health and beauty.

More publicity stemming from the research is acting as a driving force for the growth in demand for citrus bioflavonoids. This has led consumers to become increasingly interested in adult products, which do not harm consumer health and cause little harm. Growth in this market is expected to be driven by supply-side innovation backed by health and fitness people. As consumer awareness of health and supplements increases, the global citrus bioflavonoid market is expected to grow during the forecast period. Additionally, there was little to no risk associated with consuming this naturally derived food supplement, which led to high market demand. Additionally, in the citrus bioflavonoid market vary from herbal medicine companies to functional food companies to large companies, and the number of supplements currently offered in various types of markets is expected to increase significantly as well. Belief in herbal supplements and high capacity are other driving factors. Since consumers claim that products made with citrus bioflavonoids are safe and allergen-free, consumer curiosity about product quality and safety and propensity for natural products are the main factors driving the global citrus bioflavonoid market size.

MARKET RESTRAINTS

Due to lack of FDA approval the market for citrus bioflavonoid is expected to limit the growth during the forecast period. Bioflavonoids are increasing visibility in dietary supplements and medications. It is struggling to introduce new functional food products and pharmaceuticals to companies in the citrus bioflavonoid market.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Citrus Bioflavonoids Market Analysis By Type

other citrus bioflavonoids among which hesperidin has a market share of approximately 21.4%. There is value in 2020.

Global Citrus Bioflavonoids Market Analysis By End-use

Of these, the food and beverage sector hold the largest share in 2020 in terms of market value.

Global Citrus Bioflavonoids Market Analysis By Distribution channel

As internet penetration in developing countries has increased, online sales of herbal supplements have also gained momentum and are expected to grow significantly in respected regions.

REGIONAL ANALYSIS

Depending on the region, the citrus bioflavonoid market is divided into the following main regions: Asia Pacific, North America, Western and Eastern Europe, Latin America, the Middle East, and Africa. The main areas related to the citrus bioflavonoid market are: Europe and Japan. The highest approval of natural or organic food products which has natural ingredients are expected to improve the citrus bioflavonoid market growth in the North America which is followed by Japan during the forecast period. The high use of herbal extracts in countries such as Germany, the United Kingdom, France and other European countries is expected to support market growth in the region. Europe has a market share and is expected to continue to lead the world market during the forecast period. After Europe, North America has ranked second with a significant share of the citrus bioflavonoid market worldwide for the coming period.

Key Players in the Global Citrus Bioflavonoids Market

Major key players in the global citrus bioflavonoids market are NOW Foods, J & K Scientific Ltd, Solgar Inc, BOC Sciences, Santa Cruz Biotechnology Inc, Yakult Honsha Co., Ltd, Yaan Times Biotech, Hunan Sunfull Bio-tech Co., Ltd, MORRE-TEC Industries, Hunan Yuantong Pharmaceutical Co., Ltd, DestilacionesBordasChinchurreta SA, Natural Factors Inc, Organika Health Products Inc, Country Life LLC, Freeda Vitamins Inc, Grupo Ferrer Internacional and others.

RECENT HAPPENINGS IN THE MARKET

• Yakult Honsha Co., Ltd. introduced a new symbiotic drink to the Korean market in March 2019. This product is rich in active bioflavonoids, MicrobiomeX.

DETAILED SEGMENTATION OF THE GLOBAL CITRUS BIOFLAVONOIDS MARKET INCLUDED IN THIS REPORT

This research report on the global citrus bioflavonoids market has been segmented and sub-segmented based on type, end-use, distribution channel, and region.

 By Type

• Hesperidin
• Tengeretin
• Rutin
• Nobiletin
• Naringin
• Quercetin
• Diosmin

By End-Use

• Dietary Supplements
• Pharmaceutical And Functional Foods
• Cosmetics
• Personal Care
• Food And Beverages
• Animal Feed

By Distribution Channel

• Herb Stores
• Online Retailers
• Retailers
• Supermarkets

By Region

• North America
• Europe
• The Asia Pacific
• Latin America
• The Middle East and Africa