Global Chrysin Extract Market Report and Forecast 2024-2032

Global Chrysin Extract Market Outlook

The global chrysin extract market is being driven by the growth of the dietary supplements market, which reached USD 184.8 billion in 2023. The global dietary supplements market is expected to grow at a CAGR of 6.6% in the forecast period of 2024-2032 to attain USD 328.34 billion by 2032.

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Rising Awareness Associated with the Benefits of the Product to Aid the Market Growth of Chrysin Extract

The market for chrysin extract is being driven by the rising awareness associated with the benefits of using the product. These beneficial effects include reducing the male oestrogen level and upregulation of the production of GnRH, which is a hormone which stimulates the production of follicle-stimulating hormone and luteinizing hormone. This is expected to aid the market growth in the forecast period as well. The market for chrysin extract has been closely linked with the dietary supplement industry due to its health nutritional benefits.

Region-wise, North America is a significant market for chrysin extract across the globe. This can be attributed to the consumption of chrysin extract, which helps regulate testosterone levels, as a result, accelerating the demand for the product. The regional market is expected to grow at a steady rate. North America is followed by other emerging regions and is predicted to witness a rise in consumption of chrysin extract over the forecast period.

Chrysin Extract: Market Segmentation

Chrysin extract is derived from plants like passion flowers and from honey or bee propolis. It is famous for its aromatase blocking property and is used in the production of oestrogen blocker. The product is used in the treatment of anxiety, inflammation, body building, and baldness.

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On the basis of type, the market is divided into:

• Passion Flower
• Bee Propolis
• Others

Based on form, the industry can be segmented into:

• Liquid
• Powder
• Others

By application, the industry is categorised into:

• Food Additive
• Cosmetics and Personal Care
• Dietary Supplements
• Veterinary and Pharmaceuticals
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Increasing Demand from the Bodybuilding Industry to Aid the Market Growth of Chrysin Extract

The market growth of chrysin extract is being driven by the increasing demand of the product from the bodybuilding industry. The flourishing bodybuilding industry due to the emerging trend associated with changing lifestyles is expected to push the market growth over the forecast period. Chrysin extract is a great source of bioflavonoid, which is used to treat inflammation, anxiety, and baldness, among others. The market is being propelled by the rising awareness among the consumers regarding the health benefits associated with the product.

Key Industry Players in the Global Chrysin Extract Market

The report gives a detailed analysis of the following key players in the global chrysin extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Plamed Green Science Group
• Semi Lab Limited
• LKT Laboratories, Inc.
• Otto Chemie Pvt Ltd
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report