Chrysin is a bioflavonoid extracted from plants such as passion flowers and from honey or bee propolis. It has been widely known for its aromatase blocking property and used as an ingredient in most of the estrogen blocker. It is used in body building, treatment of anxiety, inflammation, and baldness. Increasing awareness regarding beneficial effects of Chrysin driving down the male estrogen level and upregulates the production of GnRH (a hormone which stimulates the production of follicle-stimulating hormone and luteinizing hormone) fuel the market over the forecasted period. The chrysin extract market has been also closely tied with the dietary supplement industry for its health nutritional benefits.
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Chrysin Extract Market Segmentation:
Chrysin extract market is segmented on the basis of product type, form, application, and distribution channels.
On the basis of product type, chrysin extract market segments include passion flower and bee propolis. Among all of these, passion flower segment holds the major share and is expected to register a growth during the forecasted period. Chrysin extract market widely used in the bodybuilding and used as a dietary supplement. Some research claims that chrysin extract market can reduce male estrogen levels and upregulating testosterone production in males.
On the basis of product form, chrysin extract market segments include liquid, powder and capsules. Among all of these, powder segment holds the major share and is expected to register a growth during the forecasted period.
On the basis of application, chrysin extract market segments include bodybuilding, dietary supplement, and medicine, veterinary and pharmaceutical. Among all of these, bodybuilding segment holds the major share and is expected to register a steady growth over the forecasted period. Followed by dietary supplement segment to stimulate increase production of testosterone and is expected to fuel the market over the forecasted period. The chrysin extract market has also been closely tied with treatment of baldness in males by down regulating the estrogen levels which is responsible for feminine character. Also as a veterinary application used to treat cystic ovarian disease in cattle.
On the basis of distribution channels, it is segmented into direct selling, distributors, wholesalers, and online. Among these, the online is expected to gain major revenue shares over the forecast period.
Chrysin extract market Regional Outlook:
On the basis of regions, chrysin extract market is segmented into following key regions; North America, Latin America, Eastern Europe and Western Europe, Asia Pacific & Japan, and The Middle East and Africa.
Among all of these, North America grabs the major share of global chrysin extract market. Consumption of chrysin extract which benefits in regulating levels of testosterone is having a demand in global market and it is expected to grow at a steady rate. Followed by other developing regions and is expected to register an increase in consumption of chrysin extract in global market over the forecasted period.
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Chrysin extract market Dynamics:
The rise in demand in bodybuilding industry is expected to drive the growth of global chrysin extract market. Chrysin extract is a rich source of bioflavonoid possess multiple pharmacological activities beneficial to treat baldness, inflammation, anxiety and others. The market is also driven by the increasing awareness among the consumers about the health benefits associated with chrysin extract. Several increased used in other industry include veterinary also drive the chrysin extract market. Varieties of other natural herbs with same therapeutic values is one of the restraints to the growth of chrysin extract market.
Chrysin extract market Key Players:
Some of the key players participating the global chrysin extract market include Pure Science Supplements Pte Ltd, Selleck Chemicals LLC, Organic Herb Inc., Jarrow formulas GmbH, and others.