Global Taxifolin Market Seen Soaring 6.1% Growth to Reach USD 143.65 Million by 2030, Projects Univdatos Market Insights

Author: Vikas Kumar

21 June 2024

Key Highlights of the Report:

  • The rise in incidences of obesity, heart disease, diabetes, and other health issues has led to a surge in demand for healthy ingredient-based products.
  • Consumers are increasingly choosing preventive programs over after-treatment drugs, fueling the demand for nutraceuticals and medications containing taxifolin.
  • The global taxifolin market is primarily driven by consumers’ rising preference for plant-derived foods and food ingredients that can meet nutrient needs.
  • The market for taxifolin is expanding due to rising demand for the product as an immune booster and increasing pharmaceutical and nutraceutical sales worldwide.

According to a new report by Univdatos Market Insights, the Taxifolin Market is expected to reach USD 143.65 Million in 2030 by growing at a CAGR of 6.1%. Furthermore, rising inflammatory diseases among the population due to unhealthy and sedentary lifestyles are playing a pivotal role in the growing demand for taxifolin in the market. Taxifolin exhibits anti-inflammatory effects, inhibiting the production of pro-inflammatory molecules and promoting a healthy inflammatory response. For instance, the study done on taxifolin by the National Institutes of Health suggests that taxifolin possesses the ability to improve the inflammatory damage inflicted upon RAW264.7 cells by regulating various agents involved in oxidative stress and inflammatory reactions. This indicates that taxifolin holds immense promise for further investigation in the realm of treating inflammatory disorders. This characteristic makes taxifolin a potentially valuable component in alleviating symptoms associated with inflammatory conditions such as arthritis, asthma, and certain skin conditions.

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The report suggests that the rising personal care and cosmetics industry globally is one of the major factors driving the Taxifolin Market during the forthcoming years. Taxifolin, derived from unique plant extracts, comprise a group of compounds renowned for their exceptional antioxidant, anti-inflammatory, and anti-aging properties. These versatile plant compounds possess a wide array of benefits, making them an ideal ingredient for personal care and cosmetics products. Furthermore, consumers are increasingly seeking personal care and cosmetics products with natural and sustainable ingredients. Taxifolin perfectly align with this trend, as they are derived from plants, making them more environmentally friendly compared to synthetic alternatives. Their organic nature assures consumers of greener and safer choices. Moreover, Taxifolin have gained immense popularity in anti-aging and skincare products due to their potent antioxidant properties. These compounds effectively combat free radicals, which are known to accelerate skin aging processes. The demand for taxifolin in anti-aging creams, serums, and lotions is rising as consumers seek effective solutions to maintain youthful and radiant skin.

The expanding use of Taxifolin in the Food and Beverages Industry is Generating Maximum Traction for Taxifolin in the Market.

The food and beverages industry is one of the predominant consumers of taxifolin in the market. The primary factor that is driving the high demand for taxifolin in the food and beverages industry is the growing consumer demand for healthier food options, pushing food and beverage manufacturers to increasingly incorporate taxifolin to enhance the nutritional value of their products. Furthermore, Taxifolin’s antimicrobial and anti-inflammatory properties have made it an effective natural preservative, aiding in extending the shelf life of various products. By inhibiting the growth of spoilage-causing microorganisms, taxifolin has emerged as a valuable tool for ensuring product freshness and minimizing waste, factors like these have played a vital role in the growing demand for taxifolin in the foods and beverages industry.

Conclusion

The personal care and cosmetics industry is constantly evolving, adapting to changing consumer preferences and needs. Taxifolin, with their extraordinary properties and numerous benefits, have become a valuable addition to the formulation of various personal care and cosmetics products. As the demand for natural, sustainable, and effective solutions continues to rise, the adoption of taxifolin in the industry will likely increase, shaping the future of personal care and cosmetics worldwide.

Key Offerings of the Report

Market Size, Trends, & Forecast by Revenue | 2023−2030

Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities

Market Segmentation – A detailed analysis by Purity, and by Application

Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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