Based on the latest FMI report, global lignans sales are projected to exceed USD 676.7 million by 2032, with a growth rate of approximately 5.8% annually from 2022 to 2032.

The global lignans market is anticipated to experience consistent growth throughout the forecast period. This growth is driven by several factors, including rising consumer preference for herbal products over synthetic medications, expanding consumer expenditure, and the rising adoption of lignans in the functional food and beverage sector due to their antioxidant, anti-inflammatory, and antitumor properties.

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Key Takeaways from the Lignans Market Study:

• Based on source. the cereals segment dominated the lignans market with a share of around 3% in 2021 while as oilseeds segment is likely to grow at 6.7% CAGR during the assessment period.
• By application, food and beverages segment holds the largest revenue share in the global lignans market.
• Asia Pacific lignans market is predicted to grow at around 7% CAGR during the forecast period (2022-2032).
• The lignans market in North America is poised to grow at a steady CAGR of 5.2% between 2022 and 2032.
• With rising inclination towards lignans based food products and pharmaceuticals, demand for lignans is slated to rise at a significant pace across the U.S. during the assessment period.

“Key market players are rigorously investing in R&D to introduce new products and obtain a competitive advantage in the market. Companies are also pursuing tactics such as collaboration, acquisitions, mergers, and partnerships in order to extend their client base and increase revenues.” said a lead analyst at FMI.

Who is winning?

Key players operating in the global lignans market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering lignans are TSKG Products, LLC, Kingherbs, Ltd., Shaanxi Zebrago Industrial, BioGin Biochemicals, FarmaSino Pharmaceuticals, Plamed Green Science Group, SPI Pharma, Xi’an Sinuotebio Tech, and others.

Get Valuable Insights into Lignans Market 

FMI, in its new offering, provides an unbiased analysis of lignans presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032). The study divulges compelling insights on the demand for lignans based on the source (cereals, oilseeds, and plant resins), application (food & beverages, pharmaceuticals, animal nutrition, and cosmetics), across five major regions.

Gain Exclusive Access to Growth Strategies in Lignans Market Grab Your Essential Report

Lignans Market by Category

By Source, Lignans Market is Segmented as:

• Cereals
• Oilseeds
• Plant Resins

By Application, Lignans Market is Segmented as:

• Food & Beverages
• Pharmaceuticals
• Animal Nutrition
• Horses
• Ruminants
• Cosmetics
• Hair care
• Toiletries
• Skin Care

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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