Lignans Market Size Worth $593.4 Million By 2027

The global lignans market size is projected to reach USD 593.4 million by 2027 registering a CAGR of 6.8%, according to a new report by Grand View Research, Inc. The demand for lignans is projected to be driven by the rising awareness about the benefits of consuming a healthy diet and growing incidences of lifestyle diseases, such as diabetes, high blood pressure & cholesterol levels, and obesity. Commercially, lignans are extracted from sesame, flax, & pumpkin seeds, corn, wheat, pea, strawberry, and broccoli.

Growing product applications in the pharmaceutical and food industries on account of its anti-cancer, anti-viral, anti-microbial, and anti-inflammatory properties are projected to drive the market over the next few years. Lignans derived from cereals, such as corn, oats, barley, and rye, are majorly incorporated in manufacturing various food products, including macaroni, couscous, cheerios, wholegrain biscuits, and granola bars. Increasing consumption of cereal-based foods, such as oatmeal, muesli, raisin bran, and compressed puffed rice, is likely to spur the overall market growth.

Lignans are predominantly used to incorporate antioxidant and estrogen attributes to food products, such as cereals, energy bars, whole-grain bread, crackers, semolina pasta, meatless meals, and other snack foods. Lignans in the aforementioned foods are precursors of mammalian lignans and are linked with decreased risk of cancer and Cardiovascular Diseases (CVDs). This factor is anticipated to positively influence product demand in the global market. Asia Pacific is expected to account for the largest market share by 2027 due to technological developments, changing demographics and lifestyles, and favorable research studies in the region. However, North America is estimated to register the fastest CAGR from 2020 to 2027.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/lignans-market

Further key findings from the report suggest:

  • The cereals & grains segment led the market in 2019 and is projected to expand further at a steady a CAGR of 6.4% over the forecast period as products have low saturated fat and are a rich source of proteins, vitamins, carbohydrates, minerals, and phytochemicals
  • The plant resins source segment is estimated to record the fastest CAGR during the forecast period
  • The pharmaceuticals industry in Europe is projected to exhibit significant growth on account of the development of novel products by key manufacturers in the region
  • The European Medicines Agency’s initiatives, such as the Priority Medicines initiative (PRIME), aimed at strengthening the development of drugs for unrealized medical conditions, are likely to augment the regional market growth
  • Various agencies, such as the Department of Biochemistry and Human Biology (DBBH) and Research Institute for Medicines (iMed.ULisboa), are investing in R&D to develop new product applications in pharmaceutical & medical
  • For instance, in January 2020, iMed.ULisboa and the Department of Food Science and Technology, University of Ljubljana, published a research paper on ‘Polyphenols from Food and Natural Products: Neuroprotection and Safety’ on the MDPI forum
  • Four major classes of polyphenols, such as stilbenes, flavonoids, lignans, and phenolics, were highly acknowledged as potential therapeutics for CVDs, neurodegeneration, obesity, and cancer

Non-GMO Food Market Size Worth $2.76 Billion By 2025

The global non-GMO food market size is expected to reach USD 2.76 billion by 2025 registering a CAGR of 16.5%, according to a new report by Grand View Research, Inc. Rise in the number of health conscious consumers and increasing awareness about the negative implications caused by the consumption of genetically-modified food products are expected to be major factors driving the demand for non-GMO food products. Cereals & grains was the dominant segment and accounted for over 34.0% of the global market share in 2018. Some of the leading companies, such as Amy’s Kitchen, Cargill, Inc., Hormel Food Corporation, and YMT Organic Farm, offer a wide range of non-GMO foods.

Other prominent market participants include Hain Celestial, Chiquita Brands International, and United Natural Foods. Developments in meat and poultry industry are expected to augment the industry growth over the forecast period. The market is expected to highlight a decent growth because of surge in demand for easy-to-eat foods, leading to a rapid growth in the manufacturing sector, especially in Asia Pacific owing to initiatives like “Made in China” and “Make in India”. Hypermarkets and supermarkets segment is expected to be at a leading position; while, the food specialty stores segment is projected to witness the fastest CAGR of 14.7% during the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/non-gmo-food-market

Further key findings from the study suggest:

  • Cereals & grains product segment is projected to lead the global non-GMO food market reaching at USD 945.4 million by 2025
  • However, the meat & poultry segment is projected to expand at the highest CAGR of 17.5% over the forecast years
  • The hypermarkets & supermarkets distribution channel segment dominated the global market in 2018 and will maintain its position throughout the estimated period
  • Non-GMO labelling programs is expected to increase in Europe as the European Union imports millions of tons of genetically modified soy for animal feed, and European Union law doesn’t entail labeling of, eggs dairy and meat derived from genetically modified feed
  • The cereals & grains segment is expected to be account for the largest market share in future owing to high demand for cereals, most notably in countries including U.S., Canada, Germany, and Japan
  • Some of the key companies in the industry are Hain Celestial, Amy’s Kitchen, Organic Valley, United Natural Foods, Albert’s Organics Chiquita Brands, Shanghai Food, YMT Organic Farm, and Hormel Foods Corporation
  • The market is extremely competitive and key companies focus on M&A and strategic alliances to expand their global reach