Isoflavones are a class of organic compounds related to flavonoids that act as phytoestrogens. They are usually extracted from red clover, soybeans, inexperienced peas, chickpeas, and alfalfa. They are broadly speaking used within the production of cosmetics and skincare merchandise including face lotions and moisturizers. Isoflavones is likewise used inside the pharmaceutical enterprise as an active pharmaceutical ingredient.
The international isoflavones marketplace is in general pushed by the growing occurrence of most cancers, developing incidences of continual diseases, and the rapidly growing geriatric population. However, elements inclusive of stringent regulatory requirements and drug price control policies across diverse nations are predicted to impede the market increase at some point in the forecast length. Nevertheless, technological advancements inside the manufacturing of isoflavones is expected to surface new increase opportunities for market contributors.
Prevalence of menopausal issues
Women in menopause stage experience various issues such as hot flashes, insomnia, and, in numerous cases, sexual dysfunction. Many women take supplements containing estrogen, which may significantly increase the risk of blood clots, stroke, or breast or uterine cancer. Thus, estrogen may not be an option for many women, depending on their health and family health history. In sync with the shifting women preferences towards natural alternative to estrogen, supplement manuacturers are working towards the development of natural alternatives. Manufacturers have started utilizing soy isoflavones instead of estrogen, as it shows the estrogen characteristics and provides estrogen effects that help in reducing menopausal symptoms such as hot flashes and fatigue. Thus driving the market growth.
Large-scale application in healthcare sector
Isoflavones reduces the risk of breast cancer and also prevents growth of cancer cells by decreasing cell multiplication. Isoflavones are also key source of antioxidants which reduces cholesterol levels thus, protecting cardiovascular system and also reducing the risk of stroke and coronary heart disease. In addition, isoflavones induces bone formation and lead to increase in bone mass. These are also used in cosmetics for treating skin firming, wrinkles, protect sun damage and are also used for moisturizing. Isoflavones is used in cosmetics for treating various skin problems such as sun damage, wrinkles, skin firming and as a moisturizing agent.
Based on geography, the study analyzes the isoflavones market in the global market, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
North America to lead the global market throughout the forecast period
North America is one of the leading producers of soybeans, providing opportunities for the supply of raw materials. In addition, growing obesity is a rising concern among the youth population in the region, which is increasing customer emphasis on weight control and healthier lifestyles, thus promoting overall health and wellness. Obesity-related disorders include type 2 diabetes, stroke, hypertension, heart disease, and various cancers that contribute to premature death. All of these factors are driving customers to turn to healthier food & beverages, thus boosting the growth of the regional industry.
The Asia Pacific accounted for a significant share in the global Isoflavones market. Large-scale demand for isoflavones in the pharmaceutical and healthcare sector is driving the growth of the Asia Pacific region. In addition, low retail cost and availability of generic medicines containing isoflavones are driving the growth in the Asia Pacific region. Thus, the Asia Pacific market is expected to grow at a substantially higher rate over the forecast period primarily due to the rising use of isoflavones in pharmaceuticals and cosmetics
Competitive Landscape
The market is fragmented, and the degree of fragmentation will increase during the forecast period. The increasing launch of products containing isoflavones and growing demand for isoflavones in skincare products will create several growth opportunities for market vendors. Archer Daniels Midland Co., Cargill Inc., Fujicco Co. Ltd., FutureCeuticals Inc., and Koninklijke DSM NV are some of the major market participants.
