According to a research report published by Spherical Insights & Consulting, the Global Apigenin Market Size Expected to Grow from USD 3.55 Million in 2023 to USD 5.38 Million by 2033, at a CAGR of 4.25% during the forecast period 2023-2033.

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Apigenin is classified into the natural flavonoids belonging to the polyphenolic flavonoids. It is present in a wide variety of plants, fruits, and vegetables, among which the highest amounts are found in parsley, chamomile, onions, oranges, and celery. It’s very strong in anti-inflammatory, antibacterial, antioxidant, and anticancer properties and lowers blood pressure. Growing in the number of studies proving the health benefits of apigenin, the market growth is driven by the increasing demand for apigenin as a dietary supplement or component of functional foods and beverages fueled by consumer health awareness and the search for natural remedies and supplements. As the conscious consumer awareness regarding the possible health benefits of flavonoid apigenin rises, products with the ingredient apigenin are in increased demand on their own. The increasing evidence of the health benefits of apigenin is pushing the market growth. The increasing demand for natural and plant-based products will help the market growth in the food and beverages, cosmetics, and pharmaceutical industries. Its skin-soothing and anti-aging properties drive market growth for application in cosmetics. However, such limited expenses in setting up and maintaining a profitable business are going to bring in and further restrict the continuation of these markets over the long term. Another aspect is the lack of awareness and understanding among different companies about these products’ compelling and financially viable development, due to which there are going to be restrictions on market growth.

Browse key industry insights spread across 247 pages with 118 Market data tables and figures & charts from the report on the Global Apigenin Market Size, Share, and COVID-19 Impact Analysis, By Type (0.95 and 0.98), By Application (Pharma & Healthcare, Food Additives, and Cosmetics & Personal Care), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The 0.98 segment is estimated to hold the largest market revenue share through the projected period.

Based on the type, the apigenin market is classified into 0.95 and 0.98. Among these, the 0.98 segment is estimated to hold the largest market revenue share through the projected period. The growth is attributed to the structural characteristics of the 0.98-compound apigenin, which are such that it can very much absorb the toxic electrons coming from human systems, such as cations of metals, reactive oxygen, nitrogen species, and reacting oxygen lifeforms, which could create dangerous reactions.

The pharma & healthcare segment is anticipated to hold the largest market share through the forecast period.

Based on the application, the apigenin market is divided into pharma & healthcare, food additives, and cosmetics & personal care. Among these, the pharma & healthcare segment is anticipated to hold the largest market share through the forecast period. The growth is driven by apigenin deals with anti-inflammatory, antioxidant, and potential therapeutics. Its applications in the pharmaceutical and healthcare sectors can be investigated.

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North America is projected to hold the largest share of the global apigenin market over the forecast period.

North America is projected to hold the largest share of the global apigenin market over the forecast period. In North America, there has been an escalating demand for natural and plant-derived ingredients across businesses such as cosmetics, nutraceuticals, and even pharmaceuticals. As a natural ingredient from plants, apigenin is therefore in demand in the North American market and fits in with customer preferences. The regulatory agencies in the region, i.e., Health Canada and the U.S. Food and Drug Administration (FDA), provide guidelines and approvals for the use of such natural chemicals for various applications, such as apigenin, among other things.

Asia Pacific is expected to grow at the fastest pace of the global apigenin market during the forecast period. This requirement for apigenin in Asia-Pacific will be further enhanced by flourishing markets for dietary supplements, pharmaceuticals, and nutraceuticals among several regional economies. The adoption of lifestyles changing with growing disposable incomes in the region has spurred the interest to utilize natural and plant-derived components such as apigenin in different consumer products.

Europe is anticipated to hold a significant share of the apigenin market over the predicted timeframe. The preference of European consumers for skin care and beauty may influence the incorporation of apigenin into cosmeceuticals and skincare products. According to a survey carried out by cosmetics Europe, 72% of consumers across Europe claimed that cosmetics and personal care products are viewed as “very important” in their lives.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the apigenin market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global apigenin market are Bravado Labs, PartiQlar, Monteloeder, Sigma-Aldrich, Aksuvital, Bo International, Indo Phytochem Pharmaceuticals, Shaanxi QingLan Bio-Technology, Xian Incedit Bio-Tech, Xi an Sost Biotech, Shaanxi Pioneer Biotech, Xi’an Lyphar Biotech, Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In June 2024, PartiQlar declared that they would launch two new supplement formulations made up of “pure” single ingredients: Pure Apigenin and Pure Ca AKG (Calcium Alpha-Ketoglutarate).

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global apigenin market based on the below-mentioned segments:

Global Apigenin Market, By Type

• 0.95
• 0.98

Global Apigenin Market, By Application

• Pharma and Healthcare
• Food Additives
• Cosmetics and Personal care

Global Apigenin Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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