Lignans Market size to exceed $90 mn by 2026
Published Date: March 24, 2020 Authors: Kunal Ahuja, Sonal Singh
Lignans Market size is set to surpass USD 90 Million by 2026, according to a new research report by Global Market Insights, Inc.
Lignans are found in various plants including pumpkin seed, flaxseed, soybean, sesame seed, berries and broccoli. The lignans in flaxseed is known as secoisolariciresinol diglucoside. When secoisolariciresinol diglucoside is changed in colon into active mammalian lignans, entero?lactone and enterodiol, that helps in reduction of cancerous tumors growth. This compound offers hydrogen?donating characteristic and ability to complex divalent transition metal positively charged ions which are essential to human health.
There are various extraction methods which are simple and complex depending on separation, fractionation, extraction, detection and identification of analytes. Flax lignan is also a source of useful biologically active components called phytochemicals found in plant foods which should positively impact lignans market growth.
Growing plant resins based lignans owing to its superior characteristics will stimulate lignans industry growth
Plant resins based lignans are polyphenolic substances derived from phenylalanine through dimerization of substituted cinnamic alcohols to dibenzylbutane. Plant resins based lignans are majorly used in pharmaceutical products for treatment of small cell lung cancer, testicular cancer, lymphomas and leukemias. Pharmaceutical manufacturers majorly use plant resins derived lignans owing anti neoplastic and antiviral properties which should accelerate product demand.
Browse key industry insights spread across 180 pages with 188 market data tables and 19 figures & charts from the report, “Lignans Market Statistics By Source (Oilseeds, Cereals, Plant Resins), By Application (Food, Cosmetics [Skin Care, Hair care, Toiletries], Animal Feed [Ruminants, Horses], Pharmaceuticals [Estrogen Related Health Diseases, Cardiovascular Disease]), Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2015 – 2026” in detail along with the table of contents:
Rising animal feed demand will stimulate lignans demand
“According to market analysis and trends, lignans from ruminants feed applications is expected to grow at CAGR of over 5.5% from 2019 to 2026.”
Global animal feed business is expected to surpass USD 617 billion by 2023. Rising industrial livestock production owing to growing consumption of diary and meat products should promote animal feed demand. Shifting consumer preferences towards high protein rich foods including milk and meat owing rising health awareness should promote animal feeds demand. Supportive government initiatives by National Bank for Agriculture and Rural Development (NABARD) in India to improve country livestock production should propel animal feed demand, thus, fostering lignans market trends.
Lignans are used in animal feed to increase healthy fat contents in livestock. Additionally, the antioxidants property in lignans affects genes expression involved in oxidative stress in mammary gland, which may contribute to improve animal health and reproduction. Thus, affirmatively impacting lignans industry growth.
“As per industry forecasts, Asia-Pacific lignans market is anticipated to grow over 4.5% by 2026 owing to growing animal feed demand”
Growing North American cosmetics industry should boost product demand
Presence of large cosmetics manufacturers in the region including Estee Lauder, Oréal, LVMH, New Avon, Ulta Beauty and Revlon should expand regional cosmetics industry. Rising product demand owing to escalating levels of young population with predominant need for healthy skin and appearance should propel industry growth. Increasing utilization of lignans in cosmetic products including skin care, hair care and toiletries owing to presence of antioxidant properties should foster regional product demand.
Key participants in lignans market are TSKG Products, LLC, Prairie Tide Diversified Inc., Natural Ingredient Bio-Resources (Changsha) Co.,Ltd, Natural Ingredient Bio-Resources (Changsha) Co, Biogin, Shaanxi Zebrago Industrial Co., Limited, Xian Lyphar Biotech Co Ltd, VNI bioscience, Dongguan Meiherb Biotech Co., Ltd., FarmaSino Pharmaceuticals (Jiangsu) Co., Ltd., Zebrago Herb, Hunan NutraMax Inc. and Kingherbs Limited.
As per market analysis & trends, Companies are also involved in several strategical initiatives including strategic acquisitions & mergers, collaborations and partnerships, and new product launch to increase their market share and improve product offerings.