Global Lignans Market- Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The Lignans Market size is expected to be valued over USD 428.3 million in 2022 and is projected to grow over 6.0% CAGR during 2022 and 2030.
Lignans Market Overview:
Lignans are low-molecular-weight polyphenols found in plants, particularly seeds, whole grains, and vegetables. They represent a steroid like chemical structure and are therefore classified as phytoestrogens. Over the years, lignans have gained tremendous traction due to their various health benefits, including reduced risk of heart disease, prevention of osteoporosis and cancer. They are increasingly used in pharmaceuticals, animal feed, food, beverages and cosmetics. Therefore, increasing production and consumption of these products will eventually boost the global lignans market size over the forecast period.
Global demand for lignans is projected to grow at a CAGR of 6.0% from 2022 to 2030 compared to a CAGR of 5.2% registered from 2017 to 2021. Increasing demand for lignans in industries such as pharmaceuticals, cosmetics and personal care, and food and beverages is a key factor fueling the growth of the lignans market. In recent years, lignans have become very popular worldwide due to their properties including antibacterial, immunosuppressive, antiviral, anti-inflammatory, anticancer, and antioxidant properties. These properties provided by lignans are expanding their application in various industries including cosmetics, food, pharmaceuticals and animal feed, thus increasing the sales of lignans worldwide.
Lignans 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 Lignans 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 other global crisis.
The Lignans market research report is categorized based on type, applications and region.
Market Key Players:
Kingherbs, Naturalin Bio-Resources Co., Ltd., BioGin Biochemicals Co. Ltd., TSKG Products, LLC, Shaanxi Zebrago Industrial Co., Ltd., Prairie Tide Diversified, Inc., SPI Pharma, Skuny Bioscience, Plamed, Neimenggu Wonderful, Hunan NutraMax, Hebei Xinqidian Biotechnology, Hangzhou Excelente, Biogin, and others.
- Cereals & Grains
- Plant Resins
Food & Beverages
Cosmetics & Toiletries
Geographically, the global Lignans market has been analysed in various regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA).
In 2019, Asia Pacific dominated the market and accounted for more than 35% of the global revenue share. Product development and government-mandated fortification are key drivers of industrial growth in the region. Consumption of functional foods has increased due to a growing preference for foods that are not only nutritious but also help improve overall health and well-being.
According to the World Health Organization (WHO), 1 in 5 of India's population of 1.33 billion suffers from at least one chronic disease, such as respiratory, metabolic or cardiovascular disease. Rapid urbanization due to growing working-class population in North America has fueled the growth of the functional foods sector in the region. Functional foods are mainly consumed in this region for weight management.
Increasing investments by major North American multinationals and new product launches to meet growing demand contributed to the market growth. In addition, the rise in obesity cases in the United States has prompted various national public and private campaigns to raise health awareness and promote disease prevention. This has increased the demand for functional foods, supporting the market growth.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Lignans Market report scope
Key Takeaways from this Lignans Report
- Estimate Lignans market potential through analysing 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 Lignans 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 the global Lignans market?
The Lignans Market is growing at a CAGR of 6.0% During Forecast Period.
Which region would offer high growth for vendors in the Lignans market?
In 2019, Asia Pacific dominated the market and accounted for more than 35% of the global revenue share.
Which Is the Most potential market segment?
By Types - Oilseeds, Cereals & Grains, Plant Resins
By Applications - Food & Beverages (Functional Food, Functional Beverages, Dietary Supplements, Others), Cosmetics & Toiletries (Haircare, Skincare, Toiletries, Others), Pharmaceuticals, Animal Nutrition
Which are the top industry players in the market?
Kingherbs, Naturalin Bio-Resources Co., Ltd., BioGin Biochemicals Co. Ltd., TSKG Products, LLC, Shaanxi Zebrago Industrial Co., Ltd., Prairie Tide Diversified, Inc., SPI Pharma, Skuny Bioscience, Plamed, Neimenggu Wonderful, Hunan NutraMax, Hebei Xinqidian Biotechnology, Hangzhou Excelente, Biogin