According to the recent research report titled ‘Global Citrus Bioflavonoids Market Size, By Source, By Product, By Type, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global citrus bioflavonoids market is anticipated to record substantial growth during 2020-2026.
 

Various health benefits like antiviral and antibacterial properties, along with high product adoption across application avenues such as cosmetics & personal care, animal feed, food & beverages are driving the growth of global citrus bioflavonoids market.
 

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For those uninitiated, bioflavonoids are biologically active components of group of polyphenolic compounds derived from plants. They are found in citrus fruits, vegetables, and food items like dark chocolate and wine. Bioflavonoids possess strong antioxidant power and aid in protecting human body cells from oxidation and free radicals.
 

The product is recommended to relieve swelling and increase blood flow in the body. These bioflavonoids can be taken in powder form or as a tablet, or they can be used as a cream for the skin. Besides,  its significance in battling signs of ageing is propelling global citrus bioflavonoids market remuneration.
 

Speaking of source, global citrus bioflavonoids market share from other sources is expected to grow with a CAGR of 3.6% over the assessment period. Based on product type, hesperidin segment is likely to expand at 6% CAGR through 2026. Hesperidin is present in citrus fruits like lemons, oranges, and tangelos and aids in safeguarding cardiovascular wellness against free radicals.
 

Meanwhile, apigenin segment currently accounts for 5.1% share of worldwide citrus bioflavonoids industry. It is extensively used in medicines for antiviral & antibacterial properties, as well as plays an important role in reducing blood pressure, and works as an antioxidant and anti-inflammatory.
 

Elaborating on application spectrum, animal feed segment presently holds 6% of global citrus flavonoids market share, owing to growing livestock sector. Meanwhile, cosmetics & personal care segment is likely to record a CAGR of 5.6% over the study period.
 

Citing the regional landscape, LATAM citrus bioflavonoids industry is expected to witness a y-o-y growth rate of 4.7% over the forecast timespan. Whereas, Middle East & Africa (MEA) market currently accounts for 1.7% revenue share and is projected to depict a similar trend in the ensuing years.
 

Major players in global citrus bioflavonoids market are Destilaciones Bordas Chinchurreta S.A., MORRE-TEC Industries Inc.,  Hunan Sunfull Bio-tech Co. Ltd., Hunan Yuantong Pharmaceutical Co. Ltd., Solgar Inc., Yakult Honsha Co. Ltd., Yaan Times Biotech Co. Ltd.,  J&K Scientific Ltd., Santa Cruz Biotechnology Inc., BOC Sciences, Nacalai Tesque Inc., Nans Products, Merck KGaA, Cayman Chemical Company, Country Life LLC, NOW Foods, Natural Factors Inc., Organika Health Products Inc., Freeda Vitamins Inc., and Nature LLC.