Global Apigenin Market Size To Worth USD 5.38 Million by 2033 | CAGR of 4.25%
Category: Food & BeveragesGlobal Apigenin Market Size To Worth USD 5.38 Million by 2033
According to a research report published by Spherical Insights & Consulting, the Global Apigenin Market Size is Expected to Grow from USD 3.55 Million in 2023 to USD 5.38 Million by 2033, at a CAGR of 4.25% during the forecast period 2023-2033.
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Browse key industry insights spread across 247 pages with 118 Market data tables and figures & charts from the report on the "Global Apigenin Market Size, Share, and COVID-19 Impact Analysis, By Type (0.95 and 0.98), By Application (Pharma & Healthcare, Food Additives, and Cosmetics & Personal Care), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/apigenin-market
A natural flavonoid of the flavone class, apigenin is a polyphenolic compound. Natural flavonoids with anti-inflammatory, antioxidant, and anticancer properties include apigenin, which can be found in fruits, vegetables, and herbs. Apigenin is well known for having the ability to improve health and has been studied for its variety of biological actions. The market is expanding due to the inclusion of apigenin, which has anti-aging, anti-inflammatory, and skin-soothing properties, in skincare products. The apigenin's numerous health benefits and expanding application in medications, cosmetics, and nutraceuticals, the market is expanding quickly. Due to its skin-soothing and anti-aging properties, its use in skincare products encourages market growth. Due to the growing interest in natural health supplements and ongoing research into apigenin's potential medicinal applications, the market for this product is anticipated to grow rapidly. However, the market growth is anticipated to be restricted by several factors, including the high startup expenses of starting and running a lucrative business and the ignorance of numerous companies regarding the cogent and economical advancement of these products.
The 0.98 segment is predicted to hold the greatest market share through the forecast period.
Based on the type, the apigenin market is classified into 0.95 and 0.98. Among these, the 0.98 segment is predicted to hold the greatest market share through the forecast period. The antioxidant property of apigenin can be used in vitamins and cosmetics to shield DNA and skin from UV rays and reactive substances that might produce modifications and inflammatory diseases.
The pharma & healthcare segment is anticipated to hold the greatest market share during the projected timeframe.
Based on the application, the apigenin market is divided into pharma & healthcare, food additives, and cosmetics & personal care. Among these, the pharma & healthcare segment is anticipated to hold the greatest market share during the projected timeframe. Apigenin is being used in more trials & studies in the pharma & healthcare industries, which will likely drive growth in the segment.
North America is estimated to hold the largest share of the apigenin market over the forecast period.
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North America is estimated to hold the largest share of the apigenin market over the forecast period. North America's pharmaceutical and nutraceutical sectors are governed by a well-established regulatory framework. This encouraging regulatory framework ensures quality, safety, and adherence to industry norms, which benefits business statistics in this region.
Asia Pacific is predicted to have the highest CAGR growth in the apigenin market over the forecast period. The Asia-Pacific region competes with other nations while maintaining stable markets. In addition, the vast population and growing middle class of Asia Pacific support the region's market expansion.
Europe is estimated to hold a significant share of the apigenin market over the forecast period. The use of chemicals in different products is governed by stringent regulations in the European Union. Attention to these regulations is crucial for apigenin companies to ensure product safety and meet legal responsibilities.
Major key players in the apigenin market include Bravado Labs, PrtiQlar, Monteloeder, Sigma-Aldrich, Aksuvital, Bo International, Indo Phytochem Pharmaceuticals, Shaanxi QingLan Bio-Technology, Xian Incedit Bio-Tech, Xi an Sost Biotech, Shaanxi Pioneer Biotech, Xi’an Lyphar Biotech, and Others.
Recent Developments
- In May 2023, Supplements for Health and Wellness company Bravado Labs launched a new apigenin product. This product was created specifically to improve the general well-being of those who cherish their health highly.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the apigenin market based on the below-mentioned segments:
Global Apigenin Market, By Type
- 0.95
- 0.98
Global Apigenin Market, By Application
- Pharma and Healthcare
- Food Additives
- Cosmetics and Personal care
Global Apigenin Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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