The International Agency for Research on Cancer predicts that the number of new cancer cases per year will rise to 23.6 million by 2030. During the forecasting period, an increase in cancer cases in low and middle-income countries is expected to provide growth opportunities to the xanthohumol demand. The two factors influencing market demand are the increasing demand for natural ingredients in cosmetics and the rise in health consciousness among consumers.
Data Bridge Market Research analyses that the Xanthohumol market was valued at USD 208.93 million in 2021 and is expected to reach the value of USD 315.81 million by 2029, at a CAGR of 5.30% during the forecast period of 2022-2029.
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Market Definition
The prenylated flavonoid xanthohumol is found in the female inflorescences of Humulus lupulus, also known as hop plant. Various studies in recent years have revealed that xanthohumol has beneficial effects such as antioxidant properties, anti-inflammatory properties, hypoglycemic activities, and anticancer properties. Xanthohumol is primarily used as a cancer preventative, limiting the metabolic activity of pro carcinogens as well as early stage tumour growth.
Global Xanthohumol Market Scope
The xanthohumol market is segmented on the basis of type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- 0.05
- 0.1
- Others
Application
- Pharmaceuticals
- Cosmetics
- Nutraceuticals
- Sport Supplements
Xanthohumol Market Regional Analysis/Insights
The xanthohumol market is analysed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the xanthohumol market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to dominate the global xanthohumol market during the forecast period. This is primarily due to increased awareness among the people of the region about the benefits of eating xanthohumol-rich foods. Aside from that, factors such as an increase in heart diseases, high consumer purchasing power, and a surge in government health awareness programmes are expected to drive the global xanthohumol market during the forecast period.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Competitive Landscape and Xanthohumol Market Share Analysis
The xanthohumol market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to xanthohumol market.
Some of the major players operating in the xanthohumol market are:
- BioVision, Inc. (U.S)
- Axen Bio Group (Poland)
- Santa Cruz Biotechnology, Inc.(U.S)
- Xi'an Sonwu Biotech Co, Ltd. (China)
- Organicherbtrading (UK)
- Xi'an Hao-Xuan Bio-Tech (China)
- Arisun ChemPharm Co., Ltd. (China)
- Xian Sost Biotech (China)
- Xian Plant Bio-Engineering (China)
Key questions answered in the report:
- What will the market development pace of Xanthohumol market?
- What are the key factors driving the Global Xanthohumol market?
- Who are the key manufacturers in market space?
- What are the market openings, market hazard and market outline of the market?
- What are sales, revenue, and price analysis of top manufacturers of Xanthohumol market?
- Who are the distributors, traders, and dealers of Xanthohumol market?
- What are the Xanthohumol market opportunities and threats faced by the vendors in the Global Xanthohumol industries?
- What are deals, income, and value examination by types and utilizations of the market?
- What are deals, income, and value examination by areas of enterprises?
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