Global Quercetin Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Quercetin is a plant flavonol from the flavonoid group of polyphenols. It is found in many fruits, vegetables, leaves, seeds, and grains; red onions and kale are common foods containing appreciable amounts of quercetin.
Market Overview:The latest research study on the global Quercetin market finds that the global Quercetin market reached a value of USD 113.94 million in 2022. It’s expected that the market will achieve USD 150.41 million by 2028, exhibiting a CAGR of 4.74% during the forecast period.
Health awareness continues to increase after COVID-19
Quercetin has been studied as a potential preventive agent to shrink the coronavirus or prevent COVID-19, and it has been a hot topic. The known health benefits discovered through scientific research include the fact that scientists claim that quercetin has antibacterial and antiviral properties, making it ideal for avoiding infections and disease. It is also used with zinc to help prevent the reproduction of various viruses in the body. During the epidemic, the demand for quercetin will maintain a steady growth, and the pharmacological research and development efforts will also continue to increase.
The increase in the elderly population and the consequent increase in the prevalence of chronic diseases.
Chronic diseases are diseases that have a long course and usually develop slowly. Chronic diseases such as heart disease, stroke, cancer, chronic respiratory diseases and diabetes are by far the world's leading cause of death, accounting for 63% of all deaths.
Quercetin has many pharmacological properties, including anti-viral, anti-microbial, anti-inflammatory, anti-cancer, antioxidant, cardiovascular, protection of the reproductive system and as an anti-obesity drug, which can help treat many chronic diseases. They neutralize and kill free radicals that damage cell membranes, change DNA structure and cause cell death. Quercetin can also prevent a variety of degenerative diseases by preventing lipid peroxidation. It can also be used for certain allergies, such as urticaria, hay fever, because it inhibits allergic and inflammatory substances, and also inhibits the production and release of histamine. Quercetin has antibacterial activity against bacterial strains known to cause skin, respiratory and gastrointestinal diseases. It is known to inhibit the angiogenesis and growth of cancer cells. Quercetin in apples and other vegetables protects brain cells from oxidative stress. It can also prevent coronary heart disease, which is usually caused by oxidized low-density lipids. It can increase bone mineral density and prevent bone loss, weak bones, etc. Quercetin is beneficial to patients with diabetes because it helps prevent the secondary side effects of diabetes, such as cataracts, retinopathy, and neuropathy. It acts as a gastroprotective agent and helps treat and prevent peptic ulcers. All these characteristics have led to the rapid growth of the quercetin market during the forecast period.
Anti-aging products are receiving more and more attention
As the global aging trend continues to increase, anti-aging has become a hot spot in the pharmaceutical industry in recent years. Driven by demand, scientists have the common sense to find ways to make people's physiological conditions not aging, that is, under ideal circumstances, let human beings walk to the last day of life in a healthy manner without being affected by aging-related diseases.
Recently, The Lancet published for the first time the use of anti-aging Senolytics (dasatinib + quercetin) to treat 14 elderly people with mild to moderate idiopathic pulmonary fibrosis, which is also the first medical result comes from the human test in the world. According to related reports, each participant took quercetin-containing drugs at the same time. After taking 3 days a week for 3 consecutive weeks, the mobility of the patients participating in the clinical trial was significantly improved, their weakness symptoms were relieved, and their grip strength was improved. Other physiological indicators such as lung function do not cause any influence.
In addition, quercetin has also been proven to help protect the nerves of the elderly, improve cognitive ability and memory. It is not difficult to predict that quercetin will receive more attention.
Region Overview:In global comparison, a significant portion of the revenue was generated in Asia Pacific (38.35% in 2022).
Company Overview:Kingherbs Limited is one of the major players operating in the Quercetin market, holding a share of 3.36% in 2023.
Kingherbs Limited
Kingherbs Limited is specialized in botanical and herbal extract. Began from 1996, the company grows from an international trader to one of the main manufacturers in China, supply hundreds of botanical and herbal ingredients, oils, fruit and vegetable powder, used in dietary supplements, food additives, sweeteners, natural colours, nutraceuticals, cosmetics, natural nutrient, pharmaceuticals, agriculture, feed, pet and animal health.
Shanghai Angoal Chemical Co.
Shanghai Angoal Chemical Co., Ltd. is a manufacturer of botanical extracts in China. They supply high quality herbal extracts and nutritional ingredients for the dietary supplements, health food, beverage, cosmetic and pharmaceutical industries all over the world.
Segmentation Overview:As for product types, the 98%HPLC segment held the largest market share in 2022.
Application Overview:By application, the Pharmaceutical segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Quercetin market covered in Chapter 3:EPO S.r.l.
Shanghai Angoal Chemical Co.
Monteloeder
Hengshui Shanzhi Health Drink
Kingherbs Limited
In Chapter 4 and Chapter 14.2, on the basis of types, the Quercetin market from 2018 to 2029 is primarily split into:95% HPLC
98% HPLC
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Quercetin market from 2018 to 2029 covers:Food & Beverage Industry
Pharmaceutical
Dietary Supplement
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)