USD 3.83 billion
Global Phytoestrogen Supplements Market Size, Share, Growth Analysis, By Type(Flavonoids, Daidzen), By Source(Nuts & Oilseeds, Soy Products), By Application(Food & Beverages, Nutraceuticals), By End User(Hospitals, Clinics) - Industry Forecast 2024-2031
Report ID:
SQMIG35I2301 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
132 |
Figures:
72
Global Phytoestrogen Supplements Market Insights
Global Phytoestrogen Supplements Market size was valued at USD 3.83 billion in 2022 and is poised to grow from USD 4 billion in 2023 to USD 5.69 billion by 2031, growing at a CAGR of 4.5% during the forecast period (2024-2031).
Growing demand for hormone replacement therapy around the world is projected to uplift the sales of phytoestrogen supplements over the coming years. Phytoestrogen compounds are found naturally in different plant sources and they are used to address issues associated with oestrogen production in women. The expanding female aging population reaching menopause is also estimated to be a key factor that is slated to boost phytoestrogen supplements market growth going forward. Surging focus on women’s health and increasing awareness regarding menopause and postmenopausal symptoms are also contributing to rising phytoestrogen supplement demand across the world. Phytoestrogen supplements are used as a potent medication to treat the issue of hot flashes among women during the perimenopausal stage.
High demand for functional foods, growing focus on health and fitness, rising awareness regarding the benefits of phytoestrogen, and growing consumption of dietary supplements and nutraceuticals are other factors that could offer new opportunities for phytoestrogen supplement suppliers in the future. The rising use of phytoestrogen supplements in the treatment of osteoporosis in women is also a prospect that could bolster market development across the forecast period.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Food & Beverages
Fastest Growth
Food & Beverages
Growth Rate
4.5% CAGR
Global Phytoestrogen Supplements Market ($ Bn)
Country Share for North America Region (%)
Global Phytoestrogen Supplements Market By Application ($ Bn)
Global Phytoestrogen Supplements Market By Application(%)
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Global Phytoestrogen Supplements Market Segmental Analysis
The global phytoestrogen supplements market is segmented based on type, source, application, end user, and region. Based on type, the market is bifurcated into flavonoids, daidzein, denistein, glycitein, biochanin A, coumestans, prenyl flavonoids, lignans, stilbenes, and others. In terms of source, the market is segmented into nuts & oilseeds, soy products, cereals & bread, legumes, meat products, and others. On the basis of application, the market is divided into food & beverages, nutraceuticals, cosmetics, and others. Based on end user, the market is segmented into hospitals, clinics, research organisations, diagnostic laboratories, retail pharmacies, online pharmacies, and others. On a regional level, the market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa.
Analysis by Application
Nutraceutical applications account for a prominent share of the global phytoestrogen supplements market. Increasing focus on health and fitness among people all over the world has boosted the consumption of nutraceuticals. An increasing number of women consuming nutraceuticals has pushed nutraceutical manufacturers to include phytoestrogen in their products as it is an important ingredient required to promote women’s health. The expanding working women population coupled with increased focus on women’s health driving up the demand for phytoestrogen supplements in the nutraceutical industry.
High demand for functional foods and beverages around the world is making the food & beverage application a fast-growing segment in this marketplace. Food and beverage manufacturers are focusing on incorporating functional ingredients in their products and this is slated to boost demand for phytoestrogen supplements in this application segment across the forecast period.
Analysis by Source
The majority of phytoestrogen supplements are made from phytoestrogen that is sourced from soy products and this is what allows it to account for a prominent share of the global marketplace. Isoflavone, the most researched and popularly used phytoestrogen, is found in high concentrations in soy products, which allows it to become a preferred source for the extraction of phytoestrogen. Phytoestrogen supplement manufacturers prefer to extract phytoestrogen from soy products owing to its wide availability and cost-effectiveness as compared to other sources.
Legumes are emerging as a popular source of phytoestrogen and are projected to become a renowned source for phytoestrogen extraction in the future. Rising demand for different types of phytoestrogen supplements is projected to push manufacturers to use phytoestrogens extracted from different sources to take advantage of the wide array of benefits that different types of phytoestrogen can provide.
Global Phytoestrogen Supplements Market By Application, 2022 (%)
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Global Phytoestrogen Supplements Market Regional Insights
Global demand for phytoestrogen supplements is projected to be led by North America across the forecast period. Increasing awareness regarding menopause among women and growing consumption of dietary supplements and nutraceuticals are key prospects driving market growth in this region. The United States with its high consumer spending potential and growing demand for hormone replacement therapy alternatives is projected to be the most lucrative market for phytoestrogen supplement companies in the future. An increasing number of menopausal women in the North American region coupled with rising demand for osteoporosis treatment in women of this region are also slated to offer attractive phytoestrogen supplements market growth opportunities.
Awareness regarding women’s health in the Asia Pacific region is increasing rapidly and this makes it a highly opportune regional market for phytoestrogen supplement suppliers. The expanding working women population, rising awareness regarding the benefits of phytoestrogen consumption, rising sales of dietary supplements and nutraceuticals, and high disposable income are key factors that are slated to bolster demand for phytoestrogen supplements in the future. The rising number of women reaching menopause in countries such as Japan, China, and India is also creating a lucrative setting for phytoestrogen supplement vendors, as phytoestrogen supplementation is known to help alleviate discomfort in perimenopausal and menopausal stages.
Global Phytoestrogen Supplements Market By Region, 2024-2031
- Largest
- Fastest
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Global Phytoestrogen Supplements Market Dynamics
Drivers
High Focus on Women’s Health
- Focus on women’s health has been increasing rapidly around the world owing to the launch of several awareness initiatives and campaigns. This is pushing women to invest in their health and boosting sales of phytoestrogen supplements.
Rising Number of Menopausal Women
- Phytoestrogen supplementation plays a crucial role in balancing hormones for a menopausal woman and the number of menopausal women is increasing rapidly around the world thereby driving phytoestrogen supplements market growth as well.
Restraints
Risks of Side Effects
- Phytoestrogen supplements are not very well regulated in most parts of the world and are often sold as dietary supplements. Consumption of these might have different kinds of side effects such as gastrointestinal issues on people owing to the lack of proper guidance on consumption. This risk of side effects could slow down the phytoestrogen supplements market growth.
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Global Phytoestrogen Supplements Market Competitive Landscape
Phytoestrogen supplement manufacturers are projected to focus on the development of new products that are equipped with better phytoestrogens. Companies can capitalise on the growing popularity of nutraceuticals and boost their sales potential. Phytoestrogen supplement vendors can collaborate or partner with different women’s health organisations and government organisations to increase the awareness regarding benefits associated with phytoestrogen consumption. Mergers and acquisitions are strategies that phytoestrogen supplements market players can opt for if they wish to expand their market presence and gain a competitive advantage over other companies. Phytoestrogen supplement providers can also craft creative marketing strategies to improve their sales and brand awareness.
Top Player’s Company Profiles
- Aushadhi Herbal
- Solaray
- Vitacost
- Bioland
- Medisys Biotech Pvt. Ltd.
- Guzen Development
- Doterra
- Frutarom Ltd.
- Fujicco Co. Ltd.
- Nutra Green Biotechnology Co. Ltd.
- Archer Daniels Midland
- Tradichem S.L.
- Nutrition Express
- Helios
- Nature's Plus
Recent Developments
- In August 2023, Designs for Health debuts Women’s Health Supplement Line, unveiling a groundbreaking probiotic tailored for both vaginal and gastrointestinal wellness, alongside a pioneering phytoestrogen blend.
- In August 2023, Designs for Health, renowned for providing top-tier, research-supported supplements favored by practitioners, revealed the introduction of two groundbreaking women's health formulations. ProbioMed™ Women and FemGuard-HF™ aim to empower women across all phases of life. These additions bolster Designs for Health's comprehensive lineup of products meticulously crafted to address the diverse spectrum of female health requirements.
Global Phytoestrogen Supplements Key Market Trends
- High Demand for Hormone Replacement Therapy Alternatives: Phytoestrogen supplement providers can make a fortune if they invest in R&D to prove phytoestrogen supplementation as a genuine alternative for hormone replacement therapy. People across the world are looking for hormone replacement therapy alternatives and phytoestrogens could have the potential to do that, so sufficient investment in R&D could create a plethora of new opportunities for phytoestrogen supplements companies in the long run.
Global Phytoestrogen Supplements Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per Skyquest analysis, phytoestrogen supplement demand is projected to have a bright outlook on the back of growing consumption of nutraceuticals and a rising focus on women’s health. Increasing awareness regarding the benefits of phytoestrogen in women’s health, expanding the geriatric women population, and rising spending on healthcare and fitness are other factors that could bolster phytoestrogen supplements market growth over the coming years. However, risks of side effects associated with phytoestrogen supplement consumption are estimated to constrain phytoestrogen supplements market development across the forecast period. High consumption of nutraceuticals and rising spending on women’s health are key factors that make North America the leading regional market for phytoestrogen supplements. Developing phytoestrogen supplements that can act as an alternative to hormone replacement therapy will be the prime focus of key market players in the long run and create new opportunities for market growth as well.
What’s Included
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| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 3.83 billion |
| Market size value in 2031 | USD 5.69 billion |
| Growth Rate | 4.5% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Phytoestrogen Supplements Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Phytoestrogen Supplements Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Phytoestrogen Supplements Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Phytoestrogen Supplements Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Phytoestrogen Supplements Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Phytoestrogen Supplements Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Phytoestrogen Supplements Market Report Snapshots
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