Naringin & Neohesperidin Market

Global Naringin & Neohesperidin Market

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  • 22-01-2022
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Naringin & Neohesperidin Market Outlook

The global Naringin & Neohesperidin market was valued at USD 1,388.9 Mn in 2020 and is projected to reach USD 2,055.1 Mn by 2028, expanding at a CAGR of 5.3% during the forecast period. Blends of juice processed from grapefruit (C. paradisi) and sweet orange (Citrus sinensis) are distinguished from 100% sweet orange juice and from juice blends containing other citrus varieties, which are legally added without a declaration of the mixture.

The distinction is made by determining the levels of flavonoids, naringin, and neohesperidin. Naringin and neohesperidin are flavanone glycosides, a class of flavonoids. Naringin and neohesperidin are only present in certain varieties of citrus. The fruits of the cultivars of sweet orange and tangerine (C. reticulata) do not contain detectable levels of naringin or neohesperidin. Grapefruit, fruit varieties of sour orange (C. aurantium), and 2 tangerine–grapefruit hybrids (K-Early and Sampson) contain naringin.

Naringin & Neohesperidin Market Market Outlook

Naringin & Neohesperidin Market Report Scope

Attributes

Details

Report Title

Naringin & Neohesperidin Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2020

Historic Data

2018 – 2019

Forecast Period

2021 – 2028

Segmentation

Type (Naringin {Food Grade, Pharma Grade, and Others} and Neohesperidin {Food Grade, Pharma Grade, and Others}), End-use Industry (Food & Feed Additives, Pharma & Healthcare, and Cosmetics and Personal Care)

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Trends, and Revenue Forecast

Key Companies Profiled

Manufacturer companies –
Maxsun Industries, Inc, Freshine Chem, NutraCap Labs, DESTILACIONES BORDAS CHINCHURRETA S.A., Otto Chemie Pvt. Ltd., INDOFINE Chemical Company, Inc., Shenzhen Drugdu Technology Co., Ltd., XI'AN RONG ZHI BIO-TECH CO.,LTD., Layn Corp., Golden Health Technology Co., Ltd., Sichuan New Hawk Biotechnology Co., Ltd., Vital Herbs, MORRE-TEC Industries, Chengdu Mansite Biotechnology Co. Ltd., HIT AGRITECH GROUP, Guangzhou HanFang Pharmaceutical Company Limited, Shaanxi Longfu Biochemical Co.Ltd, Arjuna Products, Xi'an Sanjiang Bio-Engineering Co., Ltd, Shandong Benyue Biological Technology Co., Ltd, and Plantnat
End-user companies –
SUANFARMA, Chemopharma Chemikalien- und Pharmazeutika GmbH, CLAV GmbH, Swanson, Nans Products, Shaanxi Iknow Biotechnology Co., Ltd, Merck KGaA, Sichuan YuanHongFu Technology co., Limited (YHF), Scitec Nutrition, and DarkLabs

Naringin & Neohesperidin Market Dynamics

Demand for naringin and neohesperidin is increasing in the food & beverage industry, which is expected to drive the market during the forecast period. In the food & beverage industry, flavonoids are used to improve the quality and stability of products, acting as functional ingredients such as food flavoring and act as health-promoting components.

Naringin is mainly incorporated as a flavoring and a bitter agent. Naringin is used in producing syrups, carbonated drinks, sauces, sweets, confectionery, and bakery products. In some formulations of bitter drinks, and is used to replace quinine.


Naringin is helping in the treatment of metabolic syndrome, obesity, high blood pressure, and diabetes. Naringin represented a wide range of pharmaceutical activities such as anti-cancer and anti-inflammatory activities. It exhibited effects on metabolic syndrome, oxidative stress, genetic injury, bone regeneration, and central nervous system disease.

The neohesperidin drug possesses neuroprotective activity and an anti-proliferative effect on human hepatoma cell lines. Demand for naringin and neohesperidin is increasing in the pharmaceutical industry, which is expected to drive the market during the forecast period.


Naringin and neohesperidin are widely used in making cosmetic products, which is expected to propel the growth of the market during the anticipated period. Cosmetochem International AG has encapsulated citrus-extracted bioflavonoids in liposomes and created Citrolumine 8, a cosmetic active that fades age spots, brightens skin tone, and increases skin luminosity.

Citrolumine 8 contains antioxidant and anti-inflammatory properties owing to its flavonoid content. The high-performance liquid chromatography revealed that Citrolumine 8 contain four citrus flavonoids: hesperidin (3%), naringin (66%), narirutin (15%), and neohesperidin (16%).


Rising awareness regarding several adverse effects associated with the consumption of naringin such as cough, dizziness, headaches, and flushing sensation. Naringin extract can change the metabolism of some drugs, which can cause them to stay in the blood for a longer period of time. This could cause a higher concentration in the blood, which can cause some troublesome effects in the body.

Drugs that interact with naringin supplements such as high blood pressure drugs, cholesterol-lowering drugs, estrogen supplements, sedatives, and calcium channel blockers. Therefore, side effects associated with naringin hinder the market during the forecast period.


Increasing use of the Internet for selling and purchasing products has created new opportunities for small and large manufacturers and suppliers. In the current scenario, more than half of the overall revenue of manufacturers was generated using online sales channels. With the growing use of the internet in developing countries, the online sales of naringin and neohesperidin have gained momentum and are expected to grow at a significant rate during the forecast period.

Naringin & Neohesperidin Market Segment Outlook

By Type

Based on types, the global naringin and neohesperidin market are segmented into naringin and neohesperidin. The naringin segment is further segmented into food grade, pharma grade, and others. The neohesperidin segment is further segmented into food grade, pharma grade, and industrial grade. The naringin segment is expected to grow at a significant pace during the anticipated period, due to the increasing use of naringin in the food industry. It is used in syrups, carbonated drinks, sauces, sweets, and to produce confectionery and bakery products.

Naringin & Neohesperidin Market Type

By End-use Industry

Based on end-use industries, the global naringin and neohesperidin market are segmented into food & feed additives, pharma & healthcare, and cosmetics and personal care. Naringin is used as a flavoring agent, which increases the taste of the product by the activation of the taste receptors in the animal feed industry.

Naringin & Neohesperidin Market End Use Industry

Naringin & Neohesperidin Market Regional Analysis

Based on regions, the global Naringin & Neohesperidin market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is projected to expand at a significant CAGR during the anticipated period, due to increasing awareness about the health-conscious population.

Naringin & Neohesperidin Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-Depth Analysis of the Naringin & Neohesperidin Market.
  • Historical, Current and Projected Market Size in Terms of Value.
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on From Naringin & Neohesperidin Market Performance

Segments

By Type

  • Naringin
    • Food Grade
    • Pharma Grade
    • Others
  • Neohesperidin
    • Food Grade
    • Pharma Grade
    • Others

By End-use Industry

  • Food & Feed Additives
  • Pharma & Healthcare
  • Cosmetics and Personal Care

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Manufacturer Companies

  • Maxsun Industries, Inc
  • Freshine Chem
  • NutraCap Labs
  • DESTILACIONES BORDAS CHINCHURRETA S.A.
  • Otto Chemie Pvt. Ltd.
  • INDOFINE Chemical Company, Inc.
  • Shenzhen Drugdu Technology Co., Ltd.
  • XI'AN RONG ZHI BIO-TECH CO., LTD.
  • Layn Corp.
  • Golden Health Technology Co., Ltd.
  • Sichuan New Hawk Biotechnology Co., Ltd.
  • Vital Herbs
  • MORRE-TEC Industries
  • Chengdu Mansite Biotechnology Co. Ltd.
  • HIT AGRITECH GROUP
  • Guangzhou HanFang Pharmaceutical Company Limited
  • Shaanxi Longfu Biochemical Co. Ltd
  • Arjuna Products
  • Xi'an Sanjiang Bio-Engineering Co., Ltd
  • Shandong Benyue Biological Technology Co., Ltd
  • Plantnat

End-user Companies

  • SUANFARMA
  • Chemopharma Chemikalien- und Pharmazeutika GmbH
  • CLAV GmbH, Swanson
  • Nans Products
  • Shaanxi Iknow Biotechnology Co., Ltd
  • Merck KGaA
  • Sichuan YuanHongFu Technology co., Limited (YHF)
  • Scitec Nutrition
  • DarkLabs

Competitive Landscape

The key manufacturers in the Naringin & Neohesperidin market are Maxsun Industries, Inc, Freshine Chem, NutraCap Labs, DESTILACIONES BORDAS CHINCHURRETA S.A., Otto Chemie Pvt. Ltd., INDOFINE Chemical Company, Inc., Shenzhen Drugdu Technology Co., Ltd., XI'AN RONG ZHI BIO-TECH CO.,LTD., Layn Corp., Golden Health Technology Co., Ltd., Sichuan New Hawk Biotechnology Co., Ltd., Vital Herbs, MORRE-TEC Industries, Chengdu Mansite Biotechnology Co. Ltd., HIT AGRITECH GROUP, Guangzhou HanFang Pharmaceutical Company Limited, Shaanxi Longfu Biochemical Co.Ltd, Arjuna Products, Xi'an Sanjiang Bio-Engineering Co., Ltd, Shandong Benyue Biological Technology Co., Ltd, and Plantnat.

The end-user companies in the Naringin & Neohesperidin market are SUANFARMA, Chemopharma Chemikalien- und Pharmazeutika GmbH, CLAV GmbH, Swanson, Nans Products, Shaanxi Iknow Biotechnology Co., Ltd, Merck KGaA, Sichuan YuanHongFu Technology co., Limited (YHF), Scitec Nutrition, and DarkLabs.

The players are adopting key strategies such as product development, geographical expansion, mergers and acquisition, and many other strategies to cater the increasing demand for Naringin & Neohesperidin. For instance, in March 2021, Shenzhen Drugdu Technology Co., Ltd. has developed value-added derivatives from naringin. The company develops several other useful ingredients such as naringin dihydrochalcone, apigenin, neohesperidin dihydrochalcone, and phloretin.
Naringin & Neohesperidin Market Key Players

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Naringin & Neohesperidin Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Naringin & Neohesperidin Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Naringin & Neohesperidin Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Naringin & Neohesperidin Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Naringin & Neohesperidin Market Size & Forecast, 2018-2028
      4.5.1 Naringin & Neohesperidin Market Size and Y-o-Y Growth
      4.5.2 Naringin & Neohesperidin Market Absolute $ Opportunity
Chapter 5 Global Naringin & Neohesperidin Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Naringin & Neohesperidin Market Size Forecast By Type
      5.2.1 Naringin
         5.2.1.1 Food Grade
         5.2.1.2 Pharma Grade
         5.2.1.3 Others
      5.2.2 Neohesperidin
         5.2.2.1 Food Grade
         5.2.2.2 Pharma Grade
         5.2.2.3 Others
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Naringin & Neohesperidin Market Analysis and Forecast By End-use Industry
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By End-use Industry
      6.1.2 Basis Point Share (BPS) Analysis By End-use Industry
      6.1.3 Absolute $ Opportunity Assessment By End-use Industry
   6.2 Naringin & Neohesperidin Market Size Forecast By End-use Industry
      6.2.1 Food & Feed Additives
      6.2.2 Pharma & Healthcare
      6.2.3 Cosmetics and Personal Care
   6.3 Market Attractiveness Analysis By End-use Industry
Chapter 7 Global Naringin & Neohesperidin Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Naringin & Neohesperidin Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Naringin & Neohesperidin Analysis and Forecast
   9.1 Introduction
   9.2 North America Naringin & Neohesperidin Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Naringin & Neohesperidin Market Size Forecast By Type
      9.6.1 Naringin
         9.6.1.1 Food Grade
         9.6.1.2 Pharma Grade
         9.6.1.3 Others
      9.6.2 Neohesperidin
         9.6.2.1 Food Grade
         9.6.2.2 Pharma Grade
         9.6.2.3 Others
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Naringin & Neohesperidin Market Size Forecast By End-use Industry
      9.10.1 Food & Feed Additives
      9.10.2 Pharma & Healthcare
      9.10.3 Cosmetics and Personal Care
   9.11 Basis Point Share (BPS) Analysis By End-use Industry
   9.12 Absolute $ Opportunity Assessment By End-use Industry
   9.13 Market Attractiveness Analysis By End-use Industry
Chapter 10 Europe Naringin & Neohesperidin Analysis and Forecast
   10.1 Introduction
   10.2 Europe Naringin & Neohesperidin Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Naringin & Neohesperidin Market Size Forecast By Type
      10.6.1 Naringin
         10.6.1.1 Food Grade
         10.6.1.2 Pharma Grade
         10.6.1.3 Others
      10.6.2 Neohesperidin
         10.6.2.1 Food Grade
         10.6.2.2 Pharma Grade
         10.6.2.3 Others
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Naringin & Neohesperidin Market Size Forecast By End-use Industry
      10.10.1 Food & Feed Additives
      10.10.2 Pharma & Healthcare
      10.10.3 Cosmetics and Personal Care
   10.11 Basis Point Share (BPS) Analysis By End-use Industry
   10.12 Absolute $ Opportunity Assessment By End-use Industry
   10.13 Market Attractiveness Analysis By End-use Industry
Chapter 11 Asia Pacific Naringin & Neohesperidin Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Naringin & Neohesperidin Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Naringin & Neohesperidin Market Size Forecast By Type
      11.6.1 Naringin
         11.6.1.1 Food Grade
         11.6.1.2 Pharma Grade
         11.6.1.3 Others
      11.6.2 Neohesperidin
         11.6.2.1 Food Grade
         11.6.2.2 Pharma Grade
         11.6.2.3 Others
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Naringin & Neohesperidin Market Size Forecast By End-use Industry
      11.10.1 Food & Feed Additives
      11.10.2 Pharma & Healthcare
      11.10.3 Cosmetics and Personal Care
   11.11 Basis Point Share (BPS) Analysis By End-use Industry
   11.12 Absolute $ Opportunity Assessment By End-use Industry
   11.13 Market Attractiveness Analysis By End-use Industry
Chapter 12 Latin America Naringin & Neohesperidin Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Naringin & Neohesperidin Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Naringin & Neohesperidin Market Size Forecast By Type
      12.6.1 Naringin
         12.6.1.1 Food Grade
         12.6.1.2 Pharma Grade
         12.6.1.3 Others
      12.6.2 Neohesperidin
         12.6.2.1 Food Grade
         12.6.2.2 Pharma Grade
         12.6.2.3 Others
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Naringin & Neohesperidin Market Size Forecast By End-use Industry
      12.10.1 Food & Feed Additives
      12.10.2 Pharma & Healthcare
      12.10.3 Cosmetics and Personal Care
   12.11 Basis Point Share (BPS) Analysis By End-use Industry
   12.12 Absolute $ Opportunity Assessment By End-use Industry
   12.13 Market Attractiveness Analysis By End-use Industry
Chapter 13 Middle East & Africa (MEA) Naringin & Neohesperidin Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Naringin & Neohesperidin Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Naringin & Neohesperidin Market Size Forecast By Type
      13.6.1 Naringin
         13.6.1.1 Food Grade
         13.6.1.2 Pharma Grade
         13.6.1.3 Others
      13.6.2 Neohesperidin
         13.6.2.1 Food Grade
         13.6.2.2 Pharma Grade
         13.6.2.3 Others
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Naringin & Neohesperidin Market Size Forecast By End-use Industry
      13.10.1 Food & Feed Additives
      13.10.2 Pharma & Healthcare
      13.10.3 Cosmetics and Personal Care
   13.11 Basis Point Share (BPS) Analysis By End-use Industry
   13.12 Absolute $ Opportunity Assessment By End-use Industry
   13.13 Market Attractiveness Analysis By End-use Industry

Chapter 14 Competition Landscape
   14.1 Naringin & Neohesperidin Market: Competitive Dashboard
   14.2 Global Naringin & Neohesperidin Market: Market Share Analysis, 2020
   14.3 Naringin & Neohesperidin Companies Raw Material Supply Scenario -
      14.3.1 Manufacturer Comapnies
      14.3.2 End-user Comapnies
   14.4 Manufacturer Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.4.1 Maxsun Industries, Inc
      14.4.2 Freshine Chem
      14.4.3 NutraCap Labs
      14.4.4 DESTILACIONES BORDAS CHINCHURRETA S.A.
      14.4.5 Otto Chemie Pvt. Ltd.
      14.4.6 INDOFINE Chemical Company, Inc.
      14.4.7 Shenzhen Drugdu Technology Co., Ltd. 
      14.4.8 XI'AN RONG ZHI BIO-TECH CO.,LTD.
      14.4.9 Layn Corp.
      14.4.10 Golden Health Technology Co., Ltd.
      14.4.11 Sichuan New Hawk Biotechnology Co., Ltd.
      14.4.12 Vital Herbs
      14.4.13 MORRE-TEC Industries
      14.4.14 Chengdu Mansite Biotechnology Co. Ltd.
      14.4.15 HIT AGRITECH GROUP
      14.4.16 Guangzhou HanFang Pharmaceutical Company Limited
      14.4.17 Shaanxi Longfu Biochemical Co.Ltd
      14.4.18 Arjuna Products
      14.4.19 Xi'an Sanjiang Bio-Engineering Co., Ltd
      14.4.20 Shandong Benyue Biological Technology Co., Ltd
      14.4.21 Plantnat

   14.5 End-user Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 SUANFARMA
      14.5.2 Chemopharma Chemikalien- und Pharmazeutika GmbH
      14.5.3 CLAV GmbH
      14.5.4 Swanson
      14.5.5 Nans Products
      14.5.6 Shaanxi Iknow Biotechnology Co., Ltd
      14.5.7 Merck KGaA
      14.5.8 Sichuan YuanHongFu Technology co., Limited(YHF)
      14.5.9 Scitec Nutrition
      14.5.10 DarkLabs

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FAQ Section

Some frequently asked questions about this report!

Major Manufactures include Maxsun Industries, Inc, Freshine Chem, NutraCap Labs, DESTILACIONES BORDAS CHINCHURRETA S.A., Otto Chemie Pvt. Ltd., INDOFINE Chemical Company, Inc., Shenzhen Drugdu Technology Co., Ltd., XI'AN RONG ZHI BIO-TECH CO.,LTD., Layn Corp., Golden Health Technology Co., Ltd., Sichuan New Hawk Biotechnology Co., Ltd., Vital Herbs, MORRE-TEC Industries, Chengdu Mansite Biotechnology Co. Ltd., HIT AGRITECH GROUP, Guangzhou HanFang Pharmaceutical Company Limited, Shaanxi Longfu Biochemical Co.Ltd, Arjuna Products, Xi'an Sanjiang Bio-Engineering Co., Ltd, Shandong Benyue Biological Technology Co., Ltd, and Plantnat. Major end-user companies include SUANFARMA, Chemopharma Chemikalien- und Pharmazeutika GmbH, CLAV GmbH, Swanson, Nans Products, Shaanxi Iknow Biotechnology Co., Ltd, Merck KGaA, Sichuan YuanHongFu Technology co., Limited (YHF), Scitec Nutrition, and DarkLabs.

The base year considered for the Naringin & Neohesperidin market report is 2020. The complete analysis period is 2018 to 2028, wherein, 2018 & 2019 are the historic years, and the forecast is provided from 2021 to 2028.

The market is expected to witness increased in terms of demand during 2019-2020 owing to the positive impact of COVID-19 pandemic on the Naringin & Neohesperidin market.

The food grade segments hold a major share of the market owing to huge demand from the food industry for this product.

Citrus bioflavonoid such as naringin and neohesperidin is extensively used in dietary supplements, owing to the increasing fitness enthusiast population.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

In addition to market size (in USD Million) and Company Market Share (in % for base year 2020), other data such Macro-economic factors, COVID-19 Impact on Naringin & Neohesperidin market is available in final report.

According to this Growth Market Reports, the market from Naringin & Neohesperidin market is likely to register a CAGR of 5.3% during period 2021-2028, with an anticipated valuation of USD 2,055.1 million by the end of the 2028.

The government has issued various rules & regulations on the use of naringin and neohesperidin, which is expected to propel the market in the coming years.

Additional company profiles can be provided on request.