Global Glucosinolates Market, By Type (Broccoli, Mustard Seed, Brussel Sprouts, Cabbage, Others), By Application (Functional Food, Dietary Supplement, Cosmetic, Others) and opportunities and forecast 2020-2027
Glucosinolates Market Overview
With consumer changing food preferences and lifestyles and shifting towards healthy eating habits, food manufactures are that specialize in utilizing ingredients with rich nutrient content, which successively is foreseen to spice up the expansion of the glucosinolates market. The glucosinolates also are gaining increasing demand from the agricultural sector for his or her ability to fight against plant pests and diseases. The continued focus of manufacturers on providing organic and clean label ingredients to satisfy the growing demand for transparency within the products’ quality will possibly open new growth prospects of the glucosinolates market.
The demand within the worldwide marketplace for glucosinolates has been expanding on account of continuous discoveries of latest uses of glucosinolates. A present component in several plants including cabbage, mustard, radish, Glucosinolate is widely utilized in the agriculture sector. Glucosinolates contain natural chemicals which will protect plants against insecticides and pesticides, and hence, the agriculture sector has emerged as a serious consumer of glucosinolates.
Moreover, as known health and diet helpful Broccoli, Mustard Seed, Brussel Sprouts, Cabbage are but there is production and supply chain management restraining the market growth.
Covid-19 Impact on Glucosinolates Market:
A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, safety, supply chain, training, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in beverage industry is facing a devastating effect of pandemic. 13% of the craft beer sector around the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused shut down of many small to medium food processing companies around the world.
Glucosinolates Market Segment Overview
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Market Analysis, Insights and Forecast – By Type · Broccoli · Mustard Seed · Brussel Sprouts · Cabbage · Others
Market Analysis, Insights and Forecast – By Application · Functional Food · Dietary Supplement · Cosmetic · Others
Glucosinolates Market Regional Overview
Region-wise, in terms of regions, changing consumer perceptions on the general wellbeing and rising awareness of naturally sourced ingredients will boost the Asia Pacific glucosinolates market share. Broccoli glucosinolates are witnessing growing adoption within the region to treat bacterial infections within the trachea, cough, and chest pain. Growing pharmaceutical research & development has allowed manufacturers to extract glucosinolates naturally to be used in capsules, tablets, and sprays without the adoption of synthetic chemicals, which can further stimulate regional market trends.
Glucosinolates Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Glucosinolates Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Glucosinolates are highlighted below.
· In June 2018, Hort Innovation, an Australian research & development corporation for the domestic horticulture industry, collaborated with The Commonwealth Scientific and Industrial Research Organisation (CSIRO) to develop broccoli powder to be used in various food products like dips, soups, sauces, baked products, noodles, hot drinks, and fortified food products.
