Scienza e Tecnologia
Hesperidin Market Revenue to Reach US$ 384.3 Mn by 2031, TMR Study
ALBANY, N.Y. , Feb. 15, 2022 /PRNewswire/ -- The surging demand from a number of end-use industries, including pharmaceuticals, cosmetics & personal care, and food & beverage, the hesperidin market is projected to expand at a CAGR of 7.3% during the forecast period from 2021 to 2031.
Hesperidin finds substantial clinical use to treat varicose veins, hemorrhoids, and improved blood circulation due to its anti-inflammatory, anti-bacterial, and anti-viral properties. Continued R&D of hesperidin producers to further discover functional and therapeutic properties to translate into revenue benefits for hesperidin market. For instance, Auraleafs Labs Private Limited – a key player in the hesperidin market focuses on R&D to develop the best possible products for diverse sectors. The company is also engaged in R&D for client-specific products, and examines methods to cut costs and standardize products.
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Hesperidin is witnessing an upsurge in demand during the ongoing COVID-19 crisis. Individuals are making concerted efforts to consume citrus fruits such as oranges and lemons in their natural form or in the form of nutritional supplements. This provides opportunities in the hesperidin market.
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Some of the key players operating in the hesperidin market are:
The hesperidin market is segmented as follows;
Food & Beverages Market
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