IMARC Group, a leading market research company, has recently released a report titled Lignans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. The study provides a detailed analysis of the industry, including the global lignans market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Lignans Market?
The global lignans market is expected to exhibit a growth rate (CAGR) of 6.4% during 2023-2028.
What are Lignans?
Lignans refers to a class of polyphenols found in plants with a chemical structure similar to that of estrogen. They serve as antioxidants and have been identified in various foods, including seeds, whole grains, fruits, and vegetables. Lignans are available in several types, such as secoisolariciresinol, matairesinol, pinoresinol, and lariciresinol. They are known for their anti-inflammatory, antiviral, antibacterial, and anticancer properties. The extraction and purification of lignans involves solvent extraction followed by various refining processes. Lignans are utilized in dietary supplements, food and beverage (FB) additives, cosmetics, hormone-related therapy, animal feed, agricultural practices, packaging materials, and health and wellness products. They aid in promoting cardiovascular health, controlling diabetes, alleviating menopausal symptoms, managing obesity, and lowering the risk of cancer. In addition, lignans are known for their natural origin, potential health-promoting properties, widespread availability, and versatility in application across different sectors.
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What are the Growth Prospects and Trends in the Lignans Industry?
The rising health consciousness and the growing vegan population that is pivoting consumer preference towards plant-based dietary supplements, such as lignans, are boosting the market growth. Additionally, the expanding scientific research that underscores lignans health benefits, particularly in cancer prevention and heart health, is bolstering the market growth. Besides this, the increasing prevalence of lifestyle diseases, such as obesity and diabetes, fueling the need for functional foods and ingredients like lignans, is catalyzing the market growth. Furthermore, the recent innovations in extraction technologies that are enabling more efficient and cost-effective production of lignans are positively influencing the market growth.
In addition, the growing trend in the beauty and personal care industry towards natural and organic ingredients, driving the incorporation of lignans in skincare products, is supporting the market growth. Moreover, the escalating product utilization as a natural preservative in the food and beverage (FB) industry due to its antioxidative properties is contributing to the market growth. Along with this, the rising product adoption in the pharmaceutical industry for hormone replacement therapies is strengthening the market growth.
Who are the Key Players Operating in the Lignans Market?
The competitive landscape of the industry has also been examined along with the profiles of the key players:
- BioGin Biochemicals Co. Ltd.
- FarmaSino Pharmaceuticals (Jiangsu) Co. Ltd.
- Hebei Xinqidian Biotechnology Co. Ltd.
- Kingherbs Limited
- Naturalin Bio-Resources Co. Ltd.
- Plamed Green Science Group
- Prairie Tide Diversified Inc.
- Zebrago Industrial Co. Limited
- SPI Pharma.
What is Included in Market Segmentation?
The report has categorized the market based on source and application.
Breakup by Source:
- Oilseeds
- Cereals and Grains
- Plant Resins
Breakup by Application:
- Food and Beverages
- Functional Foods
- Functional Beverages
- Dietary Supplements
- Others
- Cosmetics and Toiletries
- Haircare
- Skincare
- Toiletries
- Others
- Pharmaceuticals
- Animal Nutrition
- Others
Regional Analysis:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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