Global Lignans Market Size (By Source: Oilseed, Cereals and Grains, Plant Resins, and Others; By Application: Food and Beverages, Cosmetics & Toiletries, Pharmaceuticals, and Animal Nutrition) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2021 – 2028
From 2021 to 2028, the global lignans market is predicted to grow at a CAGR of 7.1%, from US$ 375 million in 2020 to US$ 642 million in 2028.
Lignan belongs to a class of plant-derived compounds that have estrogenic and anticancer properties. Lignans have been utilized to treat a variety of medical issues in some cultures.Plant physiological, epidemiological and food science investigations have revealed lignans as good diets for reducing the risk of lifestyle-related non-communicable illnesses, and as a result, lignan demand has been fast expanding. However, the low efficiency and instability of lignan extraction from plant resources must be addressed, emphasizing the need for the development of new lignan production processes.
The lignans market is driven by the rapidly rising usage of lignans in the food, cosmetics, pharmaceutical, and animal feed industries, as well as their growing application in functional foods and nutraceuticals due to their multiple health benefits.However, various governments' regulations and taxes on lignans production in various regions are expected to act as a restraint on the lignan market's expansion.Growing demand for lignans owing to their health benefits also supports the growth of the market. Lignans, like other natural substances, help to prevent disease and promote good health. Several studies have shown that lignan-rich diets can help prevent the development of several diseases, including hormone-dependent cancer, cardiovascular disease, and diabetes.
When lignin-rich foods are eaten, the healthy bacteria in the stomach convert them to enterolcatone, a lignan metabolite. This circulates in the bloodstream, attaches to oestrogen receptors, and acts as oestrogen, compensating for the lack of oestrogen. They attach to receptors while decreasing the activity of natural oestrogen in conditions where there are excessive quantities of oestrogen in the body.As a result, it is advantageous to everyone.
Consumption of lignans lowers the risk of cancer, reduces hot flashes in postmenopausal women, and protects heart health. They are also used to reduce the level of bad cholesterol, reduce free radical damage to cells, and helps clean the gut and improve bowel movement. Lignans help to minimize cancer risk, reduce hot flashes in postmenopausal women, and protect heart health. They're also used to lower bad cholesterol, protect cells from free radical damage, and clean the gut and enhance bowel movement.
Global LignansSegment Analysis
The global lignans market is divided into three categories: source, application, and geography.
Market by Source
· Plant Resins
· Cereals and Grains
Cereals and grains gathered a significant amount of share in 2020. Wheat, oats, rye, and barley are among the grains that contain lignans. Lignans obtained from cereals and whole grains such as rye, barley, wheat, corn, and oats exhibit anti-inflammatory, antioxidant, and hormone-mimicking properties in humans both after fermentation and as a native substance in the colon. Moreover, the demand for cereals and grains as natural sources of lignans is increasing due to the growing use of natural sources in cosmetics.
Market by Application
· Cosmetics & Toiletries
· Food and Beverages
o Functional Food
o Functional Beverages
· Animal Nutrition
Among application, food & beverages generated the largest market share in 2020.The introduction of functional foods and consumer awareness of the product's nutritional benefits have resulted in such a high share.The market is also projected to be driven by a shift in consumer preference for preventative healthcare as disposable income levels rise. Furthermore, worldwide lignans market growth is driven by the increased prevalence of chronic and lifestyle-related disorders, which coincides with a significant move towards herbal medications.
Lignans Market Regional Overview
Asia-Pacific leads the worldwide lignans market due to quick product development and numerous government-mandated fortifications, as well as a rapid increase in the consumption of functional food items in this region.According to the World Health Organization (WHO), one out of every five Indians has at least one chronic condition, such as metabolic, respiratory, or cardiovascular disease. Furthermore, increased urbanization, food scarcity, and high rates of malnutrition encouraged the region's lignan market growth.In 2020, the North America market accounted for second-largest share of the global market for lignans with the - U.S being the leading shareholder.Market expansion has been aided by increased investments from large multinationals in North America and the development of new goods to fulfill expanding demand.
Lignans Market Competitive Landscape
This section of the report identifies the market's major players. SPI Pharma, Biogin Biochemicals Co. Ltd., FarmaSino Pharmaceuticals (Jiangsu) Co. Ltd., Plamed Green Science Group, KingherbsNaturalin Bio-resources co.ltd., HebieXinquidian Biotechnology co. ltd., TSKG Products, LLC, Xi’an Sinuotebio Tech Co. Ltd., Prairie Tide Diversified Inc., Shaanxi Zebrago Industrial Co. Ltd.are among the key companies mentioned in the research.
Lignans Market Regional Overview
· Rest of Europe
· Rest of Latin America
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· South Africa
· Rest of Middle East & Africa