Natural Sulforaphane Market on Track to Achieve USD 361.94 Million Value by 2032 with a 10.5% CAGR
Growing consciousness amongst consumers of its health advantages in cancer prohibition and detoxification is driving the market demand.
The most recent research study by Polaris Market Research reveals that the natural sulforaphane market is anticipated to flourish at a stable rate. With a projected CAGR of 10.5%, the market was valued at USD 147.72 million in 2023. It is ready to grow to USD 361.94 million by 2032.
Market Introduction:
Natural sulforaphane is a sulfur abundant compound detected in herbaceous vegetables such as broccoli, bok choy, and cabbage. It exhibits influential health advantages. In these foods, it is in the indolent configuration glucoraphanin that is affiliated to the glucosinolate family of plant compounds.
Sulforaphane is operated when glucoraphanin comes into proximity with myrosinase, a family of enzymes that enact a part in the defense reaction of plants. Myrosinase enzymes are solely liberated and operated when a plant is injured. Thus, cruciferous vegetables must be sliced, chopped, or chewed to liberate myrosinase and operate sulforaphane.
Cancer is a probably lethal illness portrayed by unregulated cell growth. Sulforaphane has been revealed to possess anticancer attributes in an aggregate of test tube and animal studies, decreasing both the magnitude and aggregate of several kinds of cancer cells. Sulforaphane may also prohibit cancer cell evolution by discharging antioxidant and detoxification enzymes that safeguard against carcinogens, materials that engender cancer. Progression in removal technologies is rendering sulforaphane more approachable and economical, pushing the natural sulforaphane market demand.
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Who Makes Natural Sulforaphane?
• Brassica Protection Products LLC
• Nutra Valley
• Jarrow Formulas, Inc.
• Seagate Products
• BroccoPhane
• Source Naturals, Inc.
• NOW Foods
• Xian Pincredit Biotech Co., Ltd.
• Lingonberry Group
• Merck KGaA
• Wincobel
• Vital Nutrients
• Thorne Research
• Trustworthy Supplements
• True Broc by Brassica Protection Products LLC
Market Drivers and Opportunities:
• Growing Awareness about Health: With the growing concentration on health and wellness, especially since covid-19 outbreak, consumers are growingly selecting natural and organic commodities over synthetic options. Sulforaphane, originating from cruciferous vegetables such as broccoli, positions well within this trend as it is discerned as a secure and organic compound with influential health advantages involving its part in cancer prohibition and detoxification, boosting the demand for natural sulforaphane market growth.
• Augmentation of Functional Foods and Beverages: As consumers become more health aware, they are seeing ways to combine favorable compounds such as sulforaphane into their everyday diet. This has caused the advancement of several functional foods and beverages protected with sulforaphane, varying from smoothies to energy bars.
• Growth of the Skincare Industry: The skincare industry is growingly seizing sulforaphane and its robust antioxidant attributes, which can safeguard the skin from ecological inconvenience and decrease symptoms of aging. This trend is being ignited by a rise in consumer demand for organic and hygienic beauty products and an escalating body of research reinforcing sulforaphane’s productivity and skin care applications.
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Segmental Analysis:
Natural Sulforaphane – Type Outlook:
• 0.1% -1% Sulforaphane
• 1%-10% Sulforaphane
Natural Sulforaphane – Application Outlook:
• Dietary Supplements
• Pharmaceuticals
• Cosmetics & Personal Care
• Others
• The natural sulforaphane market segment is based on type, application, and region.
• By type analysis, the 1%-10% sulforaphane segment held the largest market share. This is due to elevated dominance and productivity, especially in therapeutic applications.
• By application analysis, the dietary supplement segment is poised to register a significant CAGR. This is due to increasing consumer consciousness of sulforaphane’s health advantages especially its probability in cancer prohibition and detoxification.
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Regional Overview:
The research report covers all the major regions and sub-regions of the natural sulforaphane market. The study provides market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
• North America: North America accounted for the largest market share. This is primarily because of robust consumer consciousness of health and wellness, an entrenched dietary supplements industry, and substantial research and development ventures.
• Europe: Europe is anticipated to witness the fastest CAGR from 2024 to 2032. The region’s rowing consumer consciousness of the advantages of natural and organic commodities fuels the regional market expansion.
Browse PMR's Natural Sulforaphane Market Report Coverage from Different Publications:
The global natural sulforaphane industry is expected to reach USD 361.94 million by 2032,exhibiting a CAGR of 10.5% during the forecast period.
FAQs:
How much is the natural sulforaphane market?
The market size was valued at USD 147.72 million in 2023 and is projected to grow to USD 361.94 million by 2032.
What is the growth rate of the natural sulforaphane market?
The global market is projected to register a CAGR of 10.5% during the forecast period, 2023-2032.
Which region held the largest share in the market?
North America had the largest share of the global market due to strong consumer awareness of health and wellness, a well-established dietary supplement industry, and extensive research and development activities.
Which type led the market?
The 1%-10% sulforaphane segment dominated the market in 2023.
Which application had the largest market share?
The dietary supplement segment had the largest share of the global market.
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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR’s clientele spread across different enterprises. We at Polaris are obliged to serve PMR’s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR’s customers.
Likhil G
Polaris Market Research and Consulting
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