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Isoflavones Market Size, Share, Industry Trends and Forecast to 2030

Isoflavones Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.


  • Published date -30th Jan 2024

  • Formats -PDF, CSV

  • Region -Global

1. Market Size & CAGR of Isoflavones Market in 2021

According to the latest data, the global isoflavones market had a market size of USD 1.5 billion in 2021. The market is expected to grow at a CAGR of 4.2% from 2021 to 2028, reaching a projected market size of USD 2.3 billion by the end of 2028. The increasing demand for natural ingredients in food and beverages, as well as the rising awareness about the health benefits of isoflavones, are driving the growth of the market.

2. COVID-19 Impact on the Isoflavones Market

The COVID-19 pandemic had a mixed impact on the isoflavones market. On one hand, the increased focus on health and wellness during the pandemic led to a surge in demand for products containing isoflavones, as consumers sought to boost their immune systems and overall health. On the other hand, disruptions in the supply chain and distribution channels due to lockdowns and restrictions affected the availability of isoflavones in certain regions. However, as the world gradually recovers from the pandemic, the isoflavones market is expected to bounce back and continue its growth trajectory.

3. Isoflavones Dynamics

The isoflavones market is driven by several key factors, including the growing awareness about the health benefits of isoflavones, the increasing demand for natural ingredients in food and beverages, and the rising prevalence of chronic diseases such as heart disease and cancer. Additionally, the expanding vegan and vegetarian population is fueling the demand for plant-based sources of protein, including isoflavones. On the other hand, factors such as fluctuating prices of raw materials and regulatory restrictions on the use of certain types of isoflavones may hinder the growth of the market.

4. Segments and Related Analysis

The isoflavones market can be segmented based on source, application, and region. By source, soy isoflavones account for the largest share of the market, driven by the widespread use of soy-based food products and supplements. In terms of application, dietary supplements hold the highest market share, followed by functional foods and beverages. Geographically, Asia Pacific leads the global isoflavones market, thanks to the traditional consumption of soy-based foods in countries like China, Japan, and South Korea.

5. By Region Analysis

- North America: The North American isoflavones market is driven by the growing demand for plant-based protein sources and the increasing popularity of vegan and vegetarian diets in the region.
- Europe: Europe is a key market for isoflavones, with countries like Germany, France, and the UK leading the consumption of soy-based products.
- Asia Pacific: Asia Pacific dominates the global isoflavones market, fueled by the widespread consumption of soy in traditional diets and the growing awareness about the health benefits of isoflavones.
- Latin America: Latin America is an emerging market for isoflavones, with Brazil and Mexico showing significant potential for growth in the coming years.
- Middle East and Africa: The MEA region is seeing a gradual uptake of isoflavones, driven by the increasing focus on wellness and preventive healthcare.

6. Key Market Players and Competitive Landscape

Some of the key players in the global isoflavones market include Archer Daniels Midland Company, Cargill, Inc., Fuji Oil Holdings Inc., and The Scoular Company. These companies are focusing on product innovation, strategic partnerships, and acquisitions to strengthen their market presence and gain a competitive edge. The market is highly competitive, with players vying for market share through product differentiation and marketing strategies.

7. Recent Happenings in the Isoflavones Market

- In January 2022, Archer Daniels Midland Company launched a new range of isoflavone-rich soy protein isolates for the food and beverage industry.
- In March 2022, Cargill, Inc. announced a partnership with a leading health food brand to introduce a new line of plant-based products containing isoflavones.
- In April 2022, Fuji Oil Holdings Inc. unveiled a novel extraction technology for isoflavones, aimed at enhancing the bioavailability and efficacy of isoflavone supplements.
- In May 2022, The Scoular Company expanded its range of organic soy products, including isoflavones, to meet the growing demand for organic and non-GMO ingredients in the market.

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