PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1577280
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1577280
The Global Lignans Market was valued at USD 77.03 billion and will grow at 5.8% CAGR from 2024 to 2032. The robust growth is largely attributed to increasing consumer awareness of health and wellness benefits. Celebrated for their antioxidant and anti-inflammatory properties, these phytochemicals are carving a niche in the nutraceutical and functional food sectors.
Demand for natural and organic ingredients is on the rise, further propelled by research highlighting lignans' potential in disease prevention and management, particularly for hormone-related ailments. According to a report by the Global Wellness Institute, the wellness economy grew by 6.4% annually from 2017 to 2022, underscoring the increasing consumer focus on health.
With consumers prioritizing health and wellness, the lignans industry is experiencing notable growth. This uptick is primarily driven by a heightened interest in natural supplements and functional foods, especially those rich in lignans, which are lauded for their cardiovascular and hormone-balancing benefits. Furthermore, advancements in extraction methods are boosting the purity and efficacy of lignan products, a fact that's being reinforced by regulatory approvals and scientific validation. For instance, a study published in the Journal of Food Science and Technology in 2023 highlighted the improved extraction techniques that enhance lignan bioavailability.
The overall lignans Industry is categorized based on source, application, and region.
The market categorizes source into oilseeds, cereals, plant resins. The oil seeds-based segment is set to reach USD 107.11 billion by 2032, showcasing a 5.9% CAGR. Oil seeds, particularly flaxseeds, sesame seeds, and sunflower seeds, dominate the market due to their high lignan content and bioavailability. Celebrated for their antioxidant and anti-inflammatory properties, these compounds find extensive use in food products, supplements, and nutraceuticals, driving the substantial market share of oil seeds.
The application segment is categorized into cosmetics, animal feed, pharmaceuticals and food. The food segment accounted for 50% of the market share, translating to USD 15.19 billion. Projections indicate a growth rate of 5.7% CAGR from 2024 to 2032. Lignans are integral to a variety of food items, including pasta, cereals, whole grain breads, energy bars, crackers, snack foods, and meatless products, imparting estrogenic and antioxidant properties.
Asia Pacific lignans market is on track to reach USD 42.58 billion, with a projected CAGR of 5.4% from 2024 to 2032. This growth is fuelled by rising consumer awareness of lignans' health benefits, such as their potential to reduce chronic disease risks and promote overall wellness. Countries like China, Japan, and India are leading this shift towards natural and organic supplements, solidifying the region's prominence.