Phytoestrogen Supplements Market Overview
Phytoestrogens are found concentrated in soy as weak estrogens. A large number of Americans consume phytoestrogens in soy milk, soy foods, and soy protein (isolated) added when food is processed or consumed in the form of a beverage. Extracted phytoestrogens are also available in the market in a wide ranging variety of products such as dietary supplements. A large number of consumers of phytoestrogen supplements are aimed towards a specific target market. Most of these consumers are peri and post menopausal women who are looking for a better or an alternative solution to hormone therapy.
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The global market for phytoestrogen supplements is expected to register a higher CAGR of 6.1% during the forecast period 2018-2023. This clearly means that companies in the market will see tremendous growth in the future. That said, the phytoestrogens supplements market also has some serious challenges that companies will face in the future. The risks of uterine fibroids, endocrine disruption, and endometriosis indicate that these factors could cause serious damage to health or may cause adverse effects.
Inability to access healthcare in countries where healthcare systems are not established or people with low and middle income avoiding healthcare are common factors, companies could find it hard to expand and grow in such areas. The global phytoestrogen supplements market research report covers all such challenges by analysing the market on the basis of past and present trends as well as with the key input from companies active in the market. The information could significantly help companies establish their new plans and strategies to build awareness and grow in the market.
Expert analysts have segmented the market based on certain key factors including the product type, applications, source, and end user. On the basis of type, the global market for phytoestrogen supplements is categorized into flavonoids and non-flavonoids. The former is further sub-segmented into coumestans, isoflavones, prenylflavonoids, and others. On the other hand, the isoflavones category is segmented into genistein, biochanin A, daidzein, glycitein, and others. The non- flavonoids segment in the phytoestrogen supplements market has been sub-segmented into stilbenes and lignans. Based on source, the market is segmented into oilseeds, nuts, soy products, legumes, cereals and bread, meat products, and others. Based on application, the segments are nutraceutical, food & beverages, cosmetics, and others. And on the basis of end-user, the market is further categorized into research organizations, hospitals & clinics, and others.
Based on a meta-analysis of over 174 random controlled trials, phytoestrogen supplements used to treat climacteric syndrome complaints are safe. The analysis published by the American Journal of Medicine suggests that rates of endometrial cancer, endometrial hyperplasia, vaginal bleeding, and breast cancer were not increased among the users of phytoestrogen when compared with placebo or not treatment.
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