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The naringin and neohesperidin extract market refers to the production and distribution of naringin and neohesperidin extract, the active component in grapes and citrus fruits. These bioactive components prevent cell oxidative damage through free radical scavenging, which drives anti-inflammatory actions. These extracts are used to treat various conditions like cancer, diabetes, cardiovascular and neurodegenerative diseases, as well as metabolic syndromes. These extracts are in high demand in the cosmetics, pharmaceuticals, and sweetening industries. This drives growth in the market.
Obstacles to growth in the market include high competition from synthetic substitutes and alternative natural extracts, regulatory restrictions due to weather conditions, and fluctuations in citrus fruit production due to climate change. These factors contribute to unstable pricing and uncertain availability of raw materials, which can limit market growth. The market is poised for future growth in supply chain optimizations and irrigation infrastructure development. Coupled with government incentives, technological innovations in extraction processes are set to drive growth in the naringin and neohesperidin extract market in the coming years.
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Stats ID: | 5460 |
Format: | Databook |
Published: | October 2024 |
Delivery: | Immediate |
Stats ID: | 5460 |
Format: | Databook |
Published: | October 2024 |
Delivery: | Immediate |
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