Lignans market is anticipated to grow at a CAGR of 5.2% during the forecast period. Lignans are micronutrients that are derived from roots, plant stems, bark, fruits, and seed parts, and exhibit antiviral, antifungal, and antibacterial properties. They are predominantly derived from flax seeds, sunflower seeds, pumpkin seeds, sesame seeds, wheat, corn, strawberry, and broccoli. Several health benefits such as the prevention of neurodegenerative conditions, such as Alzheimer’s disease and Parkinson’s disease have led to an increased demand for lignans. Degenerative nerve diseases affect various body activities, such as balance, movement, talking, breathing, and heart function. According to the Centers for Disease Control and Prevention (CDC), in 2020 around 5.8 million US people were living with Alzheimer’s disease. People suffering from the disease doubles every 5 years beyond age 65. Hence, the demand for lignans-based products is expected to increase as these products can support the curing and prevention of the disease. Most studies have focused on the effects of lignan-rich food consumption in the prevention of cancer and cardiovascular disease. Lignan metabolites act as free radical scavengers and antioxidants, resulting lower risk of cancer development. This, in turn, is expected to drive the demand for lignans across pharmaceuticals and food products.
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The global lignans market is segmented based on source and application. Based on the source, the market is segmented into oilseeds, cereals, and plant resins. Based on the application, the market is segmented into food, cosmetics, animal feed, and pharmaceuticals. The above-mentioned segments can be customized as per the requirements. Based on the source, the cereals segment is anticipated to grow at the fastest rate during the forecast period. Lignans are predominantly found in cereals including wheat, oats, rye, and barley. Rising demand for cereal-based food owing to the growing awareness among the population. Cereal-based foods are regarded as a rich source of carbohydrates, proteins, vitamins, minerals, and antioxidants which supports protection from heart diseases, and other diseases which in turn, is encouraging the demand for lignans during the forecast period. Heart disease is the leading cause of mortality for men and women in the US. According to the Centers for Disease Control and Prevention (CDC), around 659,000 people in the US die from heart disease each year, which is 1 in every 4 mortalities. This results in the driving demand for products such as lignans that supports the prevention of these severe health problems.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Lignans Market by Source
- Oilseeds
- Cereals
- Plant Resins
Global Lignans Market by Application
- Food
- Cosmetics
- Animal Feed
- Pharmaceuticals
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- FarmaSino Pharmaceuticals (Jiangsu) Co., Ltd
- SPI Pharma
- Hebei Xinqidian Biotechnology Co., Ltd.
- Plamed Green Science Group
- Qingdao Vital Nutraceutical Ingredients BioScience Co.,Ltd
- MeiHerb Biotech Co.,Ltd.
- Hunan Nutramax Inc.
- Ningbo United Plant Technology Co., Ltd.
- Skuny Bioscience Co., Ltd.
- Chengdu Biopurify Phytochemicals Ltd.
- Archer Daniels Midland Co.
- TSKG Products, LLC
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global lignans market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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