Fisetin Market Report 2024

This Fisetin market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The fisetin market size has grown rapidly in recent years. It will grow from $2.95 billion in 2023 to $3.34 billion in 2024 at a compound annual growth rate (CAGR) of 13.3%. The growth during the historic period can be attributed to a heightened awareness of antioxidants, increased demand for natural supplements, a growing global aging population, a greater emphasis on preventive healthcare, and rising consumer interest in natural health supplements.

The fisetin market size is expected to see rapid growth in the next few years. It will grow to $5.53 billion in 2028 at a compound annual growth rate (CAGR) of 13.5%. The growth during the forecast period can be attributed to a growing awareness of health benefits, increased interest in natural and functional foods, expansion of the supplement industry, rising prevalence of chronic diseases, and heightened clinical trial activity and research partnerships. Key trends expected during this period include the application of nanotechnology, advancements in synthetic biology, innovations in formulations, the use of artificial intelligence (AI) and machine learning, improvements in analytical techniques, and ongoing product innovations.

The growing emphasis on wellness and health is anticipated to drive the expansion of the fisetin market in the future. Wellness involves enhancing overall well-being through practices that improve physical, mental, and emotional health, while health refers to being free from illness or injury, supported by lifestyle choices and medical care. This increased focus on wellness and health is attributed to advancements in healthcare and a cultural shift towards prioritizing personal health and quality of life. Fisetin, with its diverse potential benefits, is considered valuable for general health and wellness. Integrating fisetin into functional beverages can offer added value by providing potential health benefits such as improved insulin sensitivity and glucose metabolism. For example, in February 2023, Monster Beverage Corporation, a US-based company specializing in energy drinks, reported a 2.6% increase in net sales for its Monster Energy Drinks segment, reaching $1.39 billion in the fourth quarter of 2022, up from $1.35 billion in the fourth quarter of 2021. Thus, the growing focus on wellness and health is fueling the growth of the fisetin market.

Major companies in the fisetin market are concentrating on conducting innovative clinical trials for human testing of glucosober and befisetin ingredients to improve the bioavailability and effectiveness of fisetin in dietary supplements and functional foods. These human trials evaluate the safety, efficacy, and potential health benefits of these compounds, which is essential for advancing them from preclinical studies (usually involving cells or animals) to possible therapeutic or supplementary use in humans. For example, in August 2024, Bonerge Lifescience, a China-based company specializing in healthier ingredients, announced the launch of clinical trials for its premium brand ingredients, including GlucoSober and BeFisetin. GlucoSober is Bonerge's proprietary ingredient aimed at supporting healthy blood sugar levels, while BeFisetin is their branded fisetin extract, available in purities ranging from 50% to 99%, with the 99% pure variant being the first and only of its kind. The company emphasizes sustainability and eco-friendly sourcing of raw materials to ensure product safety and uphold its mission.

In November 2023, Bioriginal Food And Science Corporation, a Canada-based provider of nutritional solutions, acquired Softgel Co. for an undisclosed amount. This acquisition aims to broaden Bioriginal's product range and solidify its position in the dietary supplement market by utilizing Softgel Co.'s expertise in softgel production. Softgel Co., a US-based company, specializes in manufacturing softgels containing fisetin.

Major companies operating in the fisetin market are Danaher Corporation, Sigma-Aldrich Co. LLC, Bio-Techne Corporation, Toronto Research Chemicals Inc., Cayman Chemical Company, Cayman Chemical Company, Selleck Chemicals LLC, Santa Cruz Biotechnology Inc., Stanford Chemicals Company, Conscientia Industrial Co. Ltd., AIDP Inc., Simagchem Corporation, Xi’an SR Bio-Engineering Co. Ltd., AdooQ BioScience LLC, Wilshire Technologies LLC, Meite Chemical Co. Ltd., Chengdu Biopurify Phytochemicals Ltd., Indofine Chemical Company Inc., Otto Chemie Pvt. Ltd., Hebei Lingding Biotechnology Co. Ltd.

North America was the largest region in the fisetin market in 2023. The regions covered in the fisetin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the fisetin market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Fisetin is a natural flavonoid in various fruits and vegetables, including strawberries, apples, and onions. It has antioxidant and anti-inflammatory properties, which may help protect cells from damage and reduce inflammation. Fisetin is often used as a dietary supplement for its potential health benefits.

The main forms of fisetin are powder, capsules, liquid extracts, and others. Capsules are a form of medication or supplement that encloses the active ingredient, such as fisetin, within a shell made of gelatin or plant-based materials. The various sources include natural sources, and synthetic production with various purity such as 0.95, 0.98, 0.99, and other purity. These are used in various applications such as dietary supplements, cosmetics, pharmaceuticals, research, and development.

The fisetin market research report is one of a series of new reports that provides fisetin market statistics, including fisetin industry global market size, regional shares, competitors with a fisetin market share, detailed fisetin market segments, market trends, and opportunities, and any further data you may need to thrive in the fisetin industry. This fisetin market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The fisetin market consists of sales of fisetin glycosides, supplemental forms of fisetin, and fisetin for research purposes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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