How big is the lignans market?

The global lignans market size was estimated at USD 351.6 million in 2019 and is expected to reach USD 373.3 million in 2020.

What is lignans market growth?

The lignans market is expected to grow at a compound annual growth rate of 6.8% from 2019 to 2027 to reach USD 593.4 million by 2027.

Which segment accounted for the largest lignans market share?

On the basis of source, the cereals & grains segment dominated the lignans market with a share of 47.5% in 2019. Increasing consumption of cereal-based foods such as oatmeal, muesli, raisin bran, and compressed puffed rice, as a result of rising consumer preference towards achieving a balanced diet on regular basis, is likely to spur the overall market growth.

Who are the key players in the lignans market?

Some of the key players operating in the lignans market include Kingherbs; Naturalin Bio-Resources Co., Ltd.; BioGin Biochemicals Co.Ltd.; TSKG Products, LLC; Shaanxi Zebrago Industrial Co., Limited; Prairie Tide Diversified Inc.; FarmaSino Pharmaceuticals (Jiangsu) Co., Ltd.; Xi'an sinuotebio Tech Co. Ltd.; SPI Pharma; Hebei xinqidian Biotechnology Co., Ltd.; Plamed Green Science Group.

What are the factors driving the lignans market?

The key factors that are driving the lignans market include rising consumer inclination towards a healthy diet as a result of growing incidences of lifestyle diseases, such as diabetes, high blood pressure & cholesterol levels, and obesity among consumers across the globe.