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Hesperidin Market by Source (Citrus Fruits, Synthetics), by Form (Powdered, Liquid), by Purity (Standard Purity, High Purity), by Application (Dietary Supplements, Pharmaceuticals, Cosmetics, Food & Beverages, Others), by End Use (Healthcare & Pharmaceuticals, Nutraceuticals, Cosmetics & Personal Care, Food & Beverages, Others), by North America (U.S., Canada), by Europe (Germany, UK, France, Spain, Italy, Poland), by Asia Pacific (China, Japan, India, Australia, South Korea, Indonesia, Philippines, Malaysia), by Latin America (Brazil, Mexico), by Middle East & Africa (South Africa, Saudi Arabia, UAE) Forecast 2025-2033
The size of the Hesperidin Market market was valued at USD 180 Million in 2024 and is projected to reach USD 294.76 Million by 2033, with an expected CAGR of 7.3% during the forecast period. The hesperidin market describes the industry about hesperidin, which is a flavonoid existing naturally in plant sources, commonly found in citrus fruits, like oranges and lemons. Its antioxidant, anti-inflammatory, and anti-allergic characteristics make it increasingly popular in the market for dietary supplements, functional foods, and cosmetics. Amongst many health benefits is enhanced blood circulation; cardiovascular health supporter; it even proves helpful in several treatments like those dealing with varicose veins, hypertension, or inflammatory conditions. Hesperidin is widely used in food and beverage flavoring and has applications in cosmetic formulations for benefits to the skin. The market for hesperidin is witnessing growth due to increasing consumer awareness of the merits of natural ingredients and plant-based supplements. It finds special preference in the nutraceuticals and personal care industry, where it is used for the development of products that will promote skin health, enhance blood flow, and provide antioxidant protection. However, challenges in the market include the need for efficient extraction methods, cost-effectiveness, and the balancing of supply and demand, as hesperidin is primarily extracted from citrus fruits, which may face seasonal variations in yield. Moreover, regulatory barriers and the need for scientific validation of its health claims can affect the growth of the market. The key players in the hesperidin market are HerbaZest, NutraBio, DSM Nutritional Products, Dole Food Company, and Florida Chemicals, who are involved in the extraction, production, and marketing of hesperidin for different applications, particularly in supplements, functional foods, and cosmetics. The companies are always looking into research and development to explore new applications for hesperidin and enhance its bioavailability with a view to capitalize on the increasing demand for natural health and wellness products.
The Hesperidin Market is moderately concentrated with a few key players accounting for a significant share of the market. Some of the leading players in the market include Achemo Corporation, Auraleafs Labs Private Limited, BOCSCI Inc., BioCrick Co., Ltd., Benepure Corporation, Bolise Co., Ltd., Chengdu Runde Pharmaceutical Co., Ltd., and Morre-Tec Industries.
The increasing demand for natural and organic ingredients in food and beverages is driving the growth of the Hesperidin Market. Consumers are becoming more aware of the health benefits of hesperidin, which is leading to an increase in demand for products containing the ingredient.
In addition, the growing awareness of the health benefits of hesperidin is leading to an increase in demand for hesperidin supplements. Hesperidin supplements are available in a variety of forms, including capsules, tablets, and powders.
North America is the largest market for hesperidin, followed by Europe and Asia-Pacific. The dietary supplement segment is the largest segment in the market, followed by the pharmaceutical and nutraceutical segments.
Hesperidin is available in a variety of forms, including powder, liquid, and extract. The powder form is the most commonly used form of hesperidin, and is typically used in dietary supplements. The liquid form of hesperidin is typically used in food and beverage products.
The Hesperidin Market is expected to continue to grow at a moderate pace in the coming years. The growth of the market is expected to be driven by the increasing demand for natural and organic ingredients in food and beverages, the growing awareness of the health benefits of hesperidin, and the increasing demand for hesperidin supplements.
The Hesperidin Market is dominated by North America, which accounts for a significant share of the market. The growth of the market in North America is attributed to the increasing demand for natural and organic ingredients in food and beverages, the growing awareness of the health benefits of hesperidin, and the increasing demand for hesperidin supplements.
In 2021, BioCrick Co., Ltd. created a natural product library with over 8,000 chemicals sourced from natural sources. This is used by the company to provide small molecule compounds with potential biological and pharmacological action to pharmaceutical, agricultural, and biotechnology companies all over the world.
The Hesperidin Market is expected to continue to grow at a moderate pace in the coming years. The growth of the market is expected to be driven by the increasing demand for natural and organic ingredients in food and beverages, the growing awareness of the health benefits of hesperidin, and the increasing demand for hesperidin supplements.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 7.3% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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