February 25, 2024

Quercetin Dihydrate Market is Estimated to Witness High Growth Owing to Increased Usage in Functional Food Products

Quercetin dihydrate is a plant flavonoid that is commonly used as a dietary supplement and functional ingredient in food products. With potent antioxidant properties, quercetin dihydrate helps reduce oxidative stress and promote heart and brain health. It is derived from various plants and fruits and is used in dietary supplements, functional foods, and skin care products for its anti-aging benefits.

 

Market Dynamics:

The quercetin dihydrate market is expected to grow steadily owing to two key drivers – increased demand for natural antioxidants in functional food products and growing health-conscious consumer base. Quercetin dihydrate acts as a potent antioxidant and helps reverse cell damage caused by free radicals. This has increased its usage in a variety of functional food products such as cereals, snacks, beverages etc. Additionally, health-conscious consumers are increasingly opting for dietary supplements and fortified food products for added nutrition and health benefits. With growing awareness about chronic diseases, the demand for quercetin dihydrate as an immunity booster and cardiovascular protective agent is witness to rise substantially over the forecast period.

 

Quercetin Dihydrate Market Major Driver: Growing Demand For Dietary Supplements Containing Quercetin Dihydrate

The global dietary supplements market has been growing significantly over the past few years and is expected to see steady growth in the coming years. The rising health consciousness among people and increasing preference for preventive healthcare is a key factor driving growth in this market. There is a growing demand for supplements containing antioxidants like quercetin due to their various health benefits. Quercetin in particular has shown promise in supporting heart health, immune function, bone health, endurance and more. Therefore, supplement manufacturers are increasingly using quercetin dihydrate in their formulations to meet the growing demand. The demand from the booming dietary supplements industry will continue fueling growth in the quercetin dihydrate market.

 

Quercetin Dihydrate Market Major Driver: Rising Usage Of Quercetin Dihydrate In Functional Food And Beverage Products

Quercetin dihydrate is finding increasing use in various functional food and beverage products due to its beneficial properties. Many food and beverage manufacturers are incorporating quercetin into their products and marketing them as having certain health advantages. For instance, quercetin is added to sports/energy drinks for its endurance boosting properties, it is present in certain yogurts and cereals for heart and bone health benefits. With rising health-consciousness among consumers, the demand for functional food and beverages is experiencing steady growth. This trend is directly benefiting the quercetin dihydrate market. The growing consumption of quercetin-fortified/enriched food and beverage products worldwide will continue augmenting demand in the coming years.

 

Quercetin Dihydrate Market Major Restrain: High Cost Of Production

The production process of quercetin dihydrate involves multiple purification steps to obtain high purity levels. This makes the overall process capital intensive with high production costs. Owing to its advanced production technique, the prices of quercetin dihydrate remain on the higher side compared to alternatives. This high cost poses a major challenge for market participants as it restricts mass product commercialization. Certain end-use industries like dietary supplements and food and beverages find it difficult to include quercetin dihydrate in their formulations due to the cost factor. To penetrate price-sensitive markets, manufacturers will need to focus on optimizing production processes as well reducing costs through enhanced yields. This remains a key restrain for the quercetin dihydrate market.

 

Quercetin Dihydrate Market Major Opportunity: Growing Research Into Medical Applications

Researchers are exploring various potential therapeutic applications of quercetin dihydrate due to its antioxidant, anti-inflammatory and other beneficial properties. It is being studied for conditions like cancer, heart disease, diabetes, neurodegeneration and more. Increasing research funding and advancement of clinical studies is indicating promising medical uses of quercetin dihydrate. For example, laboratory studies show it may be useful for certain cancers based on its apoptosis-inducing effects. If clinical trials demonstrate effectiveness, this could open up whole new avenues for quercetin dihydrate in the pharmaceutical sector. The growing medical applications showcase an impressive growth opportunity for manufacturers. Companies anticipating cure pathways based on research outcomes could gain competitive edge in this emerging space.

 

Quercetin Dihydrate Market Trend: Rising Investments In Production Capacity Expansion

There is constantly rising global demand for quercetin dihydrate from various end-use industries. To leverage this opportunity, manufacturers are increasing investments towards capacity expansion of production facilities. This allows them to scale up commercial output and better cater to growing demand. For instance, in 2021, a major Chinese manufacturer announced plans to triple its quercetin dihydrate production capacity by 2024. Another top producer acquired a facility in USA for expanding capacity by 30% over next two years. With steady market rise forecast, more manufacturers are likely to focus on facility upgrades, new plant establishments and strategic expansion projects. The increasing production capacities through targeted investments will help create a stable supply chain and achieve economies of scale. This bodes well as a key market trend in the global quercetin dihydrate space over the coming decade.

 

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it