Changes in Taxifolin Market Revenue and growth rate during COVID-19 crisis

Press Release : April 24, 2020
Changes in Taxifolin Market Revenue and growth rate during COVID-19 crisis

Report Synopsis

This report offers a 10-year forecast (2018–2028) of the global taxifolin market. The global market is estimated to grow at a CAGR of over 5% growing from US$ 1.4 Bn in 2017. Taxifolin with less than 95% purity stands as the largest market. Among applications, taxifolin demand is projected to grow at the fastest pace in food and beverage.

Report Description

The primary objective of the report is to offer updates on advancements in the global Taxifolin market.

The increasing necessity to enhance shelf life, and add antioxidant properties to the end-use products has led to a growth in the taxifolin market. The key application areas of Taxifolin includes food and beverages, healthcare, pharmaceuticals and agriculture. Europe has been the largest market for taxifolin, while APEJ leads the market growth. 

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XploreMR analyses the performance of the Taxifolin market on the basis of global demand and market revenue as this is essential in understanding the future growth potential of the market. This section also includes XploreMR’s analysis of key trends, drivers, restraints and opportunities that influences the Taxifolin market growth. Impact analysis of key growth drivers and restraints across all major regions, based on the weighted average model, is included in the Taxifolin market report to better equip clients with crystal clear decision-making insights. The market size of Taxifolin has been calculated in terms of value (US$ Mn), and volume (Kg).

Taxifolin market is an aggregation of segmentation such as purity level (<95% and ≥95%), application (food and beverages, healthcare, pharmaceuticals, and agriculture),  and region (North America, Latin America, Europe, Asia-Pacific exc. Japan, Japan, and Middle-East & Africa). All segmentations in the Taxifolin market report have been discussed across six regions. We have considered 2017 as the base year and provided data for the trailing 12 months for Taxifolin market report.

To deduce the market size for Taxifolin, we have considered the overall revenue generated from sales of Taxifolin across various regions. The forecast presented here assesses the total revenue generated across the Taxifolin market. In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the Taxifolin market would develop in the future. However, forecasting the market in terms of various Taxifolin segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.    

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand the predictability of the market and identify the right opportunities in the Taxifolin market.

Another key feature of this report is the analysis of all the key Taxifolin market segments and sub-segments, regional adoption and revenue forecast. 

In the final section of the report, the Taxifolin market competitive landscape is included to provide the audiences of the report with market structure analysis. The report also profiles Taxifolin providers. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a segment in the Taxifolin market value chain. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the Taxifolin marketplace. Detailed profiles of providers are also included within the scope of the report to evaluate their strategies, key offerings and recent developments in the Taxifolin market.

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Key Segments Covered

  • Reusable Water Bottle Market By Purity Level
    • <95%
    • ≥95%
  • Reusable Water Bottle Market By Application
    • Food and Beverages
    • Healthcare
    • Pharmaceuticals
    • Agriculture
  • Key Regions/Countries Covered
    • North America
    • Latin America
    • Europe
    • Asia Pacific excl. Japan
    • Japan
    • Middle East & Africa

Key Companies

The key companies covered in the Taxifolin market include JW Health Products, Kingherbs Ltd, Kalenika Group, Cayman Chemical, Ametis JSC, Abcam plc, and Adooq Bioscience, Linjiang Jianwei Biotech Co. Ltd., and Hangzhou J&H Chemical Co., Ltd.

 

Notes to editors

For more information please contact:
Neha Bhosale Tel: 6692840108 email: neha@xploremr.com Visit the newsroom of: sampr