Global Quercetin Market Size By Type (Reagent Grade, Food Grade, Chemical Grade), By Nature (Organic and Conventional), By End-Uses (Food & Beverage Industry, Pharmaceutical, Dietary Supplement, Nutraceutical), By Geographic Scope And Forecast
Report ID: 77024|No. of Pages: 202
Global Quercetin Market Size By Type (Reagent Grade, Food Grade, Chemical Grade), By Nature (Organic and Conventional), By End-Uses (Food & Beverage Industry, Pharmaceutical, Dietary Supplement, Nutraceutical), By Geographic Scope And Forecast
Quercetin Market Size And Forecast
Quercetin Market size was valued at USD 271.12 Million in 2024 and is projected to reach USD 411.58 Million by 2031, growing at a CAGR of 6.53% from 2024 to 2031.
The pharmacological properties of Quercetin such as antioxidant, antimicrobial, cardiovascular, anti-inflammatory, antiviral, anti-obesity agent, protective of the reproductive system, and many others are the primary aspects that are expected to drive the growth of this market. The Global Quercetin Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Quercetin Market Definition
Quercetin refers to flavonoids, a plant pigment that is commonly found in fruits and vegetables such as apples, berries, onions, kale, apples, citrus fruits, berries, legumes, parsley, tomatoes, red grape, and many others and gives colors to them. It is used in the pharmaceutical and food and beverage industries as an important ingredient in nutritional supplements as many people lack sufficient levels of Quercetin through their daily diets. It helps in reducing inflammation, allergies, body fat and mainly acts as anti-oxidants, and is reportedly effective in treating neurodegenerative diseases, viral infections, cardiovascular conditions, diabetes, circulatory dysfunction, mood disorders, and microbial activities.
Because of its various health benefits, it is used to develop tablets, capsules, injections and so its demand in the pharmaceutical industry is increasing. The expanding knowledge, information, and awareness for food safety have led individuals to shift towards natural dietary supplements which are expected to drive the growth of the global Quercetin Market during the forecast period.
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Global Quercetin Market Overview
The use of Quercetin in functional drinks such as energy and nutraceutical drinks due to its benefits, including sustained energy boost, antioxidant properties, anti-inflammatory, and enhancement of lung functioning is the major factor responsible for the growth of this market. In addition to this, it has many pharmacological properties including anti-inflammatory, antiviral, antioxidant, antimicrobial, cardiovascular, anticancer, protective of the reproductive system, and an anti-obesity agent which will boost the growth of this market. It helps in neutralizing and killing off the free radicals which damage the cell membranes, change the DNA structure, and also cause cell death.
Furthermore, it is known to give protection against several degenerative diseases by preventing lipid peroxidation. It also helps with allergies like hives, hay fever as it inhibits allergic and inflammatory substances and also inhibits the production and release of histamines. Additionally, it also improves bone mineral density and protects from bone loss, weak bone, and others. All these properties have increased their demand in the pharmaceutical and food and beverage industry which are growing rapidly. Therefore, these factors will promote the growth of Quercetin in the market.
Global Quercetin Market: Segmentation Analysis
The Global Quercetin Market is segmented based on Type, Nature, End-Uses, and Geography.
Quercetin Market, By Type
• Reagent Grade
• Food Grade
• Chemical Grade
• Others
Based on Type, the market is segmented into Reagent Grade, Food Grade, Chemical Grade, and Others. The Food Grade is expected to have the largest share owing to its increasing demand in the food and beverage industry due to its health benefits.
Quercetin Market, By Nature
• Organic
• Conventional
Based on Nature, the market is segmented into Organic and Conventional. The organic segment is anticipated to have a maximum share because of the increasing demand for organic foods.
Quercetin Market, By End-Uses
• Food & Beverage Industry
• Pharmaceutical
• Dietary Supplement
• Nutraceutical
Based on End-Uses, the market is segmented into Food & Beverage Industry, Pharmaceutical, Dietary Supplement, and Nutraceutical. The pharmaceutical industry is predicted to hold the maximum share owing to the health benefits provided by Quercetin.
Quercetin Market, By Geography
• North America
• Europe
• Asia Pacific
• Rest of the World
On the basis of Geography, the Global Quercetin Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific is expected to hold the largest market share in the forecast period owing to the increasing population, industrialization, and urbanization which has shifted the focus of individuals towards healthy eating habits because of changes in lifestyles.
Key Players
The “Global Quercetin Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Monteloeder, Hengshui Shanzhi Health Drink, EPO S.r.l., Kingherbs Limited, Shanghai Angoal Chemical Co, NOW Health Group Inc., Bluebonnet Nutrition Corporation, Wuxi Gorunjie Natural Pharma Co. Ltd., Oregon’s Wild Harvest Ltd., and Source Naturals Inc.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
Partnerships, Collaborations, and Agreements
• In October 2020, HITGEN has signed a definitive agreement to purchase Vernalis (R&D) Limited, a Cambridge, UK-based world leader in fragment and structure-based drug discovery research, from Ligand Pharmaceuticals Inc. (NASDAQ: LGND). Vernalis (R&D) Limited’s full issued share capital will be acquired for $25 million in cash. HitGen’s industry-leading DNA-encoded chemical libraries (DEL) platform, combined with Vernalis’ strong knowledge in fragment and structure-based techniques, as well as medicinal chemistry, will provide a full range of early discovery capabilities for both internal and external collaborations.
Mergers and Acquisitions
• In May 2020, Medtronic Inc, a medical technology business, has agreed to pay $816 million for orthopedic implant maker China Kanghui Holdings Inc. Kanghui provides a diverse product portfolio, a solid R&D and production operation, a large China distribution network, and an outstanding management team to Medtronic. The transaction gives the company an advantage in the fast-growing Chinese orthopedic market, as well as a foothold in the developing global orthopedic value category.
Product Launches and Product Expansions
• Immune Strength: Now More Than Ever is a campaign launched by Source Naturals® in February to promote the importance of a healthy immune system and going all-in for wellbeing. When the body is under physical or mental stress, the Source Naturals Wellness Family of products is specifically intended to strengthen the immune system by supplying the nutrients it requires.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2021-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2021-2023 |
| Unit | Value (USD Million) |
| Key Companies Profiled | Monteloeder, Hengshui Shanzhi Health Drink, EPO S.r.l., Kingherbs Limited, Shanghai Angoal Chemical Co, NOW Health Group Inc., and Bluebonnet Nutrition Corporation |
| Segments Covered | By Type, By Nature, By End-Uses, And By Geography |
| Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL QUERCETIN MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL QUERCETIN MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL QUERCETIN MARKET, BY TYPE
5.1 Overview
5.2 Reagent Grade
5.3 Food Grade
5.4 Chemical Grade
5.5 Others
6 GLOBAL QUERCETIN MARKET, BY NATURE
6.1 Overview
6.2 Organic
6.3 Conventional
7 GLOBAL QUERCETIN MARKET, BY END-USES
7.1 Overview
7.2 Food & Beverage Industry
7.3 Pharmaceutical
7.4 Dietary Supplement
7.5 Nutraceutical
8 GLOBAL QUERCETIN MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa
9 GLOBAL QUERCETIN MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 COMPANY PROFILES
10.1 Monteloeder
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Hengshui Shanzhi Health Drink
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 EPO S.r.l
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Kingherbs Limited
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Shanghai Angoal Chemical Co
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 NOW Health Group Inc
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Bluebonnet Nutrition Corporation
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Wuxi Gorunjie Natural Pharma Co. Ltd
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Oregon’s Wild Harvest Ltd
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Source Naturals Inc.
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 Appendix
11.1 Related Research
Report Research Methodology
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This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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