Phloretin Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.
Los Angeles, CA -- (SBWIRE) -- 04/19/2019 -- Phloretin is a white powder solid. Phloretin is a dihydrochalcone, a type of natural phenols. The formula of phloretin is C15H14O5. It can be found in the roots and peels of juicy fruits like apple and pear. Phloretin can be widely used as antioxidant and moisturizing factor in cosmetics. Phloretin is also widely used in food industry and pharmaceutical industry.
In 2015, the world production of phloretin reached 11173 kg. Globally, phloretin producers are concentrated in China. Though derived from developed countries in early days, China manufacturers gasped the market of phloretin soon and dominated the world supply of phloretin in later years. In 2015, China has taken 85.85% of world phloretin production. Leading players in China are Golden Health Technology and Xian Lyphar Biotech, with a tail of other producers.
The largest consumption area of phloretin is personal care. Skinceuticals and Cosmetic Skin Solutions consume large amount of phloretin to producer anti-aging essence. Phloretin can be used as edulcorant to inhibit the bitter and other uncomfortable taste in food by blends of other sweeteners NHDC or trilobatin. Phloretin can mask the unpleasant aftertaste of other sweetener. In 2015, personal care took the leading share of global phloretin consumption, with the share of 81.96%.
The global Phloretin market was 5 million US$ in 2018 and is expected to 8 million US$ by the end of 2025, growing at a CAGR of 7.1% between 2019 and 2025.
This report studies the Phloretin market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Phloretin in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Golden Health Technology
Xian Lyphar Biotech
Shaanxi Yi An
Shaanxi Undersun Biomedtech
Xian Day Natural
Zhejiang Skyherb Ingredients
Jinan Prosweet Biotechnology
Shananxi Green Bio-Engineering
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
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