Selbyville, DE -- (SBWIRE) -- 06/20/2019 -- The worldwide market for Sulforaphane is expected to grow at a CAGR of roughly 5.6% over the next five years, will reach 153.2 million US$ in 2024, from 116.4 million US$ in 2019, according to a new research study. Sulforaphane is an anti-cancer compound in cruciferous vegetables, mostly commonly credited to Broccoli. It appears to have general but potent antioxidant and possible anti-inflammatory actions, with the former similar to curcumin.

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Sulforaphane is an anti-cancer compound in cruciferous vegetables, mostly commonly credited to Broccoli. It appears to have general but potent antioxidant and possible anti-inflammatory actions, with the former similar to curcumin. Sulforaphane is a small category in herbal extract industry, also the development of the market is mainly in the past 20 years.

Globally, Sulforaphane is mainly consumed in North America and Europe, while the supply is mainly concentrated in USA and China. In 2018, North America consumed 50.45%% of global Sulforaphane, of which, nutritional products are the major market. Europe consumed 29.24%% of global Sulforaphane, with Germany, France and UK as the major market. Leading suppliers mainly located in China, Pioneer Herb Industrial is the major supplier of Sulforaphane with its own patent. Lingeba Technology and Zhe Jiang Teley are also important suppliers. The top 5 players take 72.66% of global market in 2018.

A brief outline of the Sulforaphane market scope:

Global industry remuneration
Individualized and overall growth rate
Market trends
Competitive reach
Product spectrum
Application terrain
Distributor analysis
Sales channel evaluation
Marketing channel trends – Now and later
Market Competition Trend
Market Concentration Rate

One of the most vital pointers that makes the Sulforaphane market report worth a purchase is the extensive overview of the competitive spectrum of the vertical. The study efficiently segregates the Sulforaphane market into Brassica Protection Products, Seagate, Lingeba Technology, Zhe Jiang Teley, Pioneer Herb Industrial, Xian Yuensun Biological Technology and Anhui Chengya, as per the competitive hierarchy. In essence, these companies have been vying with one another to accrue a near-dominant position in the industry.

The report supplies substantial data regarding the market share that every one of these companies currently garner across this business, in tandem with the market share that they are expected to procure by the end of the forecast period. Also, the report elaborates on details pertaining to the products manufactured by each of these firms, that would help new entrants and prominent stakeholders work on their competition and strategy portfolios. Not to mention, their decision-making process is liable to get easier on account of the fact that the Sulforaphane market report also enumerates a gist of the product price trends and the profit margins of each firm in the industry.

Questions that the Sulforaphane market report answers with respect to the regional terrain of the business space:

The regional spectrum, as per the report, is segregated into North America, Europe, Asia-Pacific, South America & Middle East and Africa. Which among these zones is most likely to accrue the maximum market share by the end of the forecast duration?
How much is the sales estimates of each firm in question? Also, how strong do the revenue statistics stand pertaining to the current market scenario?
What exactly is the remuneration that each geography holds at present?
How much revenue will every region including North America, Europe, Asia-Pacific, South America & Middle East and Africa account for, by the end of the projected timeframe?
How much is the growth rate which each geography is estimated to depict over the estimated timeline?
Important takeaways from the study:

The Sulforaphane market report plays host to a plethora of deliverables that may prove highly beneficial. Say for example, the report underlines the information pertaining to market competition trends – highly essential data subject to competitor intelligence and the ongoing market trends that would enable shareholders to stay competitive and make the most of the growth opportunities prevailing in the Sulforaphane market.
Another vital takeaway from the report can be credited to the market concentration rate that would aid investors to speculate on the current sales dominance and the plausible trends of the future.
Further deliverables provided in the report include details regarding the sales channels deployed by prominent vendors in order to retail their stance in the industry. Some of these include direct and indirect marketing.
What questions does the report answer with respect to the segmentation of the Sulforaphane market?

Which among 0.1% -1% Sulforaphane, 1%-10% Sulforaphane and Other Grade – the various product types, is likely to procure the largest share in the Sulforaphane market?
What is the market share held by each product type?
How much is the sales estimates as well as projected valuation of every product segment in the industry by the end of the projected timeframe?
Which of the various application spanning Health Care Products and Other may emerge to be a highly profitable vertical in the Sulforaphane market?
How much share does each application account for in the Sulforaphane market?
How much is the remuneration which every application is likely to register by the end of the projected duration?

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Sulforaphane product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top manufacturers of Sulforaphane, with price, sales, revenue and global market share of Sulforaphane in 2017 and 2018.

Chapter 3, the Sulforaphane competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Sulforaphane breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.

Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.

Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.

Chapter 12, Sulforaphane market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.

Chapter 13, 14 and 15, to describe Sulforaphane sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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