Global Lignans Market by Source (Cereals & Grains, Plant Resins), by Application (Food & Beverages, Animal Nutrition) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global lignans market was worth USD 351.6 million in 2019. It is projected to grow at 6.8% compound annual growth rate (CAGR), between 2020 and 2027. Market growth is expected to be driven by factors such as the growing preference for herbal products rather than synthetic drugs and an increase in the functional food & beverages industry. Lignans, which are phytoestrogens that have estrogenic and anti-oxidant activities, contain 2-phenylpropane units. Manufacturers are able to create novel products for a variety of food and beverage as well as pharmaceutical applications thanks to technological advancements. This will positively impact global product demand.

Due to the growth of preventive healthcare in the United States, and the ongoing focus of government on consumer health standards, the market is expected to experience high growth. The U.S. Food and Drug Administration (FDA), has recognized lignans to be a Generally Recognized As Safe (GRAS), chemical for use in food products. This is expected to increase product demand.

Lignans, which are micronutrients, are found in plant stems, roots and fruits. They have antiviral and antifungal properties. Lignans-based foods products have many health benefits such as the prevention of cancer, neurodegenerative diseases, diabetes, Cardiovascular Diseases, CVDs, and skin-related issues.

Prebiotic effects are also present in lignans-based animal food products. They reduce the amount of pathogenic bacteria and maintain intestinal immunity. Because lignans are essential for maintaining the health and performance of animals, there will be an increase in demand over the next few years.

But manufactured cannot replicate all the benefits of whole plants. A diet that is based on whole plants is better than one that is based on functional food, and this will have a significant impact on the overall demand for these products over the next eight year.

Source Insights

In 2019, the cereals and grains segment dominated the market, accounting for 47% of global revenue share. Lignans from cereals & whole grain, such as wheat, rye, barley and corn, have anti-inflammatory and antioxidant effects on humans. They also have hormone-mimicking properties after fermentation.

The growth of lignans derived from cereals and grains is expected to be boosted by rising use of natural ingredients in cosmetics and toiletries products. Lignans are used to make many toiletries such as soaps, shampoos, lotions, shaving creams, and shower gels.

Some of the richest sources of concentrated lignans are oil seeds such as sunflower, pumpkin, poppy and sesame. Market growth is expected to increase due to the growing demand for flaxseed oil extracts in dietary supplements. Ground flaxseed helps to reduce and prevent the risk of heart disease, stroke, diabetes and other conditions such as diabetes.

Sesame seeds' nutritional content helps to improve body functionality, lowering gallstones, cholesterol, and other disorders. Due to the product's nutritional and sensory qualities, the demand for oilseed-based chemicals in the animal feed and petfood industries will grow rapidly.

Application Insights

Food & Beverage dominated the market in 2019, accounting for over 43.0% of global revenue share in 2019. Functional foods reduce the risk of developing diseases and strengthen the immune system. They also play a vital role in the provision of preventive healthcare. The market will be driven by a shift in consumer attitudes towards preventive healthcare due to rising disposable income.

As a solution to many health problems, dietary supplements are becoming increasingly popular. These supplements can help improve immunity and prevent gastrointestinal diseases. The segment's growth is expected to be boosted by a growing demand for lignans-based diet supplements in the coming years.

The food & beverages segment is expected to grow in the coming years due to the increasing demand for lignans used in the manufacture of breakfast cereals and energy bars. Flaxseed powder is also used by bakery products manufacturers to increase fiber, folate and linolenic acids in breads and muffins. This will positively impact the food and beverage market.

Plant lignans are being used by major cosmetics companies to enhance their products. They help prevent dryness, dull skin and rough skin and soften and moisturize the skin. This will likely drive demand for lignans-based cosmetics.

Regional Insights

Asia Pacific was the dominant market in 2019, accounting for more than 35% of global revenue share in 2019. The key drivers of industry growth are product developments and government-mandated fortification. Increasing demand for nutritious food has resulted in a rise in the consumption of functional foods.

According to the World Health Organization (WHO), over one fifth of India's population has at least one chronic condition, including respiratory, metabolic and cardiovascular. The rapid urbanization of North America's working-class population has led to a rise in the number of functional foods in the region. The region is a major consumer of functional foods for weight management.

Market growth has been aided by increased investments from multinationals in North America, and the introduction of new products to satisfy rising demand. A rising number of obese Americans has prompted a variety of national campaigns to promote health awareness and prevent disease. This has helped to increase the market for functional foods and has supported market growth.

Market Share Insights & Key Companies

Global market fragmentation is high. The key companies are located in North America and Asia Pacific. To gain maximum market share, most companies focus on research and development.

The market is also characterized by high levels of backward integration between manufacturers and raw material suppliers. This integration throughout the supply chain helps manufacturers to avoid the hassles of raw material procurement and allows them to work more cost-effectively. The following are some of the most prominent players in global lignans markets:

• Kingherbs

• Naturalin Bio-Resources Co., Ltd.

• BioGin Biochemicals Co. Ltd.

• TSKG Products, LLC

• Shaanxi Zebrago Industrial Co., Ltd.

• Prairie Tide Diversified, Inc.

• FarmaSino Pharmaceuticals Jiangsu Co., Ltd.

• Xi'an Sinuotebio Tech Co. Ltd.

• SPI Pharma

• Hebei Xinqidian Biotechnology Co., Ltd.

• Plamed Green Science Group

Up Market Research published a new report titled “Lignans Market research report which is segmented by Source (Cereals & Grains, Plant Resins), by Application (Food & Beverages, Animal Nutrition), By Players/Companies Plamed Green Science Group, BioGin Biochemicals Co Ltd, Xi'an Sinuotebio Tech Co Ltd, Naturalin Bio-Resources Co Ltd, SPI Pharma, Hebei Xinqidian Biotechnology Co Ltd, Shaanxi Zebrago Industrial Co Ltd, TSKG Products LLC, Kingherbs, FarmaSino Pharmaceuticals (Jiangsu) Co Ltd, Prairie Tide Diversified Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

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.

Global Lignans Market Report Segments:

The market is segmented by Source (Cereals & Grains, Plant Resins), by Application (Food & Beverages, Animal Nutrition).

Lignans 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:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Lignans Market

Overview of the regional outlook of the Lignans Market:

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.

Highlights of The Lignans Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Lignans Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Cereals & Grains

                2. Plant Resins

                1. Food & Beverages

                2. Animal Nutrition

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Lignans 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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Reasons to Purchase the Lignans Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.