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Phytoestrogen Supplements Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The Phytoestrogen Supplements Market Is Expected To Reach USD 3798.4 Million By 2030 At 4.80% CAGR During The Forecast Period 2022-2030.
Phytoestrogen Supplements Market Overview:
Phytoestrogens are plant-derived xenoestrogens used to treat difficulties associated with reduced estrogen production that occur during menopause and other stages of life. The desire for phytoestrogens has skyrocketed over the past few years. A number of variables are contributing to this trend, including the growing female elderly population, expanding supply of functional foods, increasing incidence of acne, and increasing knowledge about women's health.
Most phytoestrogen pills are reserved for female patients who use them to treat symptoms such as menopausal symptoms, excessive sweating, mood swings, anxiety, and other conditions. The average age of postmenopausal women is approximately 51, according to statistics. In this regard, the growing elderly population is an important driving force for the industry. According to the United Census Bureau, the global elderly female population is expected to increase by 12%, from 3.61 billion in 2015 to 4.139 billion by the end of 2030. Consequently, the market is expected to grow at a rapid rate as these trends exist during the forecast period.
Phytoestrogen Supplements market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Phytoestrogen Supplements market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Major Market Segments Covered in Phytoestrogen Supplements Industry Research:
Market Key Players:
Nutritionexpress, Doterra, Naturesplus, Vitacost, Solaray, Helios, Archer Daniels Midland, Bioland, Medisys Biotech Pvt. Ltd., Guzen Development, Fujicco Co., Ltd., Aushadhi Herbal, Tradichem S.L, Frutarom Ltd., Nutra Green Biotechnology Co., Ltd.
By Type:
- Flavonoids
- Daidzen
- Denistein
- Glycitein
- Biochanin A
- Coumestans
- Prenyl Flavonoids
- Lignans
- Stilbenes
- Others
By Source:
- Nuts & Oilseeds
- Soy Products
- Cereals & Bread
- Legumes
- Meat Product
- Others
By Application:
- Food & Beverages
- Nutraceutical
- Cosmetics
- Others
By End User:
- Hospitals
- Clinics
- Research Organizations
- Diagnostic Laboratories
- Retail Pharmacy
- Online Pharmacy
- Others
On the basis of region, the global phytoestrogen supplements market is divided into the Americas, Europe, Asia Pacific, and Middle East & Africa. The Americas region dominates the global market for phytoestrogen supplements, owing to the apparent increase in the aging female population in the Americas and the involvement of various market players in the region. According to market research, in 2017, the Asia Pacific region grew at the fastest rate for the phytoestrogen supplements market. Increased knowledge about women's well-being, development of nutraceutical businesses in the region and the presence of a rapidly expanding healthcare system in the region contribute to market expansion in the country.
On the other hand, Middle East and Africa account for the smallest percentage in the global phytoestrogen supplements market share. Especially in Africa, the industry lags behind other regions due to poor economic conditions and low incomes. The Middle East is expected to account for the majority of sales in the region due to increased government spending on healthcare as well as presence of established countries such as United Arab Emirates, Dubai, Kuwait, etc.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Belgium
- The Netherlands
- Luxembourg
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Benelux Union
- Rest of Europe
- Asia-Pacific
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Significant Market Dynamics:
Drivers
Phytoestrogen supplements market growth is expected to expand due to growing desire for plant-based products in commonly consumed dietary supplements, increasing understanding of the medical benefits provided by phytoestrogens, and growing number of athletes worldwide.
Opportunities
Cosmetics can also benefit from the antioxidant properties of the phytoestrogens used in the production of these products. Phytoestrogens usage is expected to increase as more people use personal care products and cosmetics.
Restraints
The use of phytoestrogens supplements is associated with a risk of uterine fibroids, endometriosis, endocrine disorders, and other conditions, showing that they can negatively impact the health of certain individuals. Consequently, the prevalence of these risk variables, coupled with low healthcare spending in middle and limited income countries, is expected to limit the expansion of the phytoestrogen supplements market prospects over the forecast period.
Challenges
Risks associated with consumerism and poor healthcare spending in middle and low-income countries are expected to limit business expansion over the forecast period.
Phytoestrogen Supplements Market report scope:
Report Attributes |
Details |
Growth Rate |
CAGR of 4.78% from 2022 to 2030. |
By Type |
Flavonoids, Daidzen, Denistein, Glycitein, Biochanin A, Coumestans, Prenyl Flavonoids, Lignans, Stilbenes, Others |
By Application |
Food & Beverages, Nutraceutical, Cosmetics, Others |
By Companies |
Nutritionexpress, Doterra, Naturesplus, Vitacost, Solaray, Helios, Archer Daniels Midland, Bioland, Medisys Biotech Pvt. Ltd., Guzen Development, Fujicco Co., Ltd., Aushadhi Herbal, Tradichem S.L, Frutarom Ltd., Nutra Green Biotechnology Co., Ltd. |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Key Takeaways from this Phytoestrogen Supplements Report
- Estimate Phytoestrogen Supplements market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
- Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
- Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
- Get a quick viewpoint on the Phytoestrogen Supplements market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
- Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
- Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Study the sales and distribution channels over key geographies to improve top-line revenues.
Frequently Asked Questions-
What is the CAGR of Phytoestrogen Supplements market?
The Phytoestrogen Supplements Market is growing at a CAGR of 4.78% During Forecast Period.
What are the key types of Phytoestrogen Supplements market?
Flavonoids, Daidzen, Denistein, Glycitein, Biochanin A, Coumestans, Prenyl Flavonoids, Lignans, Stilbenes, Others
What are the key applications of Phytoestrogen Supplements market?
Food & Beverages, Nutraceutical, Cosmetics, Others
Who are the key players in Phytoestrogen Supplements market?
Nutritionexpress, Doterra, Naturesplus, Vitacost, Solaray, Helios, Archer Daniels Midland, Bioland, Medisys Biotech Pvt. Ltd., Guzen Development, Fujicco Co., Ltd., Aushadhi Herbal, Tradichem S.L, Frutarom Ltd., Nutra Green Biotechnology Co., Ltd.