Flavanones Market - Global Industry Growth, New Opportunities and Forecast – 2027
Market Highlights Flavanones are amongst the major group of flavonoids that are widely obtained from citrus plants. The global flavanones market is expected to garner a revenue of USD 140 Million by 2024 and register a CAGR of 3% during the forecast period of 2019 to 2024. Manufacturers of flavanones are expected to witness lucrative opportunities during the forecast period owing to the high consumption of flavanones as flavoring agents and dietary supplements. Surging demand for functional food ingredients and flavanones food products is expected to render profitable opportunities to the vendors active in the global flavanones market. Advancements in flavanones production technology such as the use of co-cultures to produce microbial-based flavanones is expected to offer growth opportunities to the players active in the global flavanones market. Key Players Some of the key players in the global flavanones market are Kingherbs (China), Merck KGaA (Germany), Xi'an App-Chem Bio (Te