The global chrysin extract market is expected to reach USD XX billion by 2028, according to a new study. The demand for the product is projected to grow at an estimated rate of XX% during the forecast period from 2021-2028. Chrysin extract contains high levels of flavonoids and cinnamic acid which helps in improving immune function and also reduces inflammation in humans.
Chrysin extract is obtained from the passionflower plant, which has been used for centuries in South America. The extract contains high levels of flavonoids and cinnamic acid, which have anti-inflammatory properties. This makes it useful as a treatment option to reduce inflammation in humans. In addition to this property, chrysin extract can also help with improving immune function due to its antioxidant attributes.
On the basis of type, chrysin extract is segmented into two types viz. Passionflower and bee propolis.
Passionflower chrysin extract is extracted more from the roots of the plant, it is a botanical supplement that may help to sleep better. Passionflower has long been used as an herbal remedy for insomnia and anxiety, but there’s little research to back these claims up. Chrysin might be able to stimulate the production of melatonin in your brain, which would make it easier to fall asleep at night. There are also some studies that show chrysin helps people with hepatitis C avoid cirrhosis – this could improve their quality of life due to decreased fatigue and pain.
Bee propolis extract is obtained from bees that have used it for their hives. Bee propolis, also known as beebread or bee glue, is a resinous substance used by honeybees to seal gaps in their hives. It can also be processed into chrysin extract for medicinal purposes.
On the basis of application, chrysin extract is segmented into direct selling, distributors, wholesalers, and online.
It is widely used for different purposes. People use chrysin extract to make their skin brighter, clear, and tight. It also helps reduce the appearance of age spots, dark circles, and wrinkles around the eyes. Chrysin extract is used as a supplement to support normal skin and eye health. It can be found in various forms, such as capsules, tablets, or liquid drops. The most common way of consuming this product is by orally taking the capsule form with water on an empty stomach daily for maximum effect.
On the basis of region, the global chrysin extract market is segmented into North America, the European Union, Asia Pacific, and the middle east.
North America: The United States dominates this region with a 69% revenue share in 2017 followed by Canada at 13%. Countries such as Mexico have seen a CAGR of 14% from 2016 to 2020 due to the growing demand for health supplements that complement weight management diets. Latin America has also shown rapid growth rates over a five-year period because new regulations on industrial products are being passed which will impact the market.
Latin America: This region is forecast to grow at a CAGR of 11% from 2016 to 2020 with Brazil accounting for $0.36 billion in revenue share, the highest across all countries in this segment followed by Colombia and Argentina with respective shares of 14% and 12%. The key reasons behind this growth are growing awareness about health supplements among consumers coupled with increasing disposable income levels which has led to rising demand for complementary foods supplementing weight management diets. Countries such as Mexico will also see an increase in their contribution due to new regulations on industrial products being passed that would impact the market over the next five years.
Europe: Germany dominated Europe’s chrysin extract market with a 68% revenue share. The country is also expected to be the fastest-growing market, as it was the only region in Europe where chrysin extract revenue increased during 2010-2017.
Growth factors
The industry is largely driven by the increasing awareness about beauty and wellness products. The global chrysin extract market has witnessed rapid growth in recent years owing to increasingly health-conscious people, the rise of healthy eating habits among the population, increasing disposable incomes, developing lifestyle changes across various regions which are fuelling demand for safe yet effective alternatives such as natural therapies including herbal formulations like chrysin extracts.
Up Market Research published a new report titled “Chrysin Extract Market research report which is segmented by Types (Passion Flower, Bee Propolis), By Applications (Direct Selling, Distributors, Wholesalers, Online), By Players/Companies Pure Science Supplements, Selleck Chemicals, Organic Herb, Jarrow Formulas”.
Report Attributes | Report Details |
Report Title | Chrysin Extract Market Research Report |
By Type | Passion Flower, Bee Propolis |
By Application | Direct Selling, Distributors, Wholesalers, Online |
By Companies | Pure Science Supplements, Selleck Chemicals, Organic Herb, Jarrow Formulas |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 242 |
Number of Tables & Figures | 170 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Passion Flower, Bee Propolis and By Application Direct Selling, Distributors, Wholesalers, Online.
Some of the companies that are profiled in this report are:
Chrysin Extract Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Chrysin Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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