Isoflavones are phytoestrogens have a similar chemical structure to the hormone estrogen. Isoflavones may have estrogens or anti-estrogenic effects and so it is considered as a SERM (Selective Estrogen Receptor Modulators). The soy Isoflavones is potentially a very rich source of estrogen and vitamin E and possesses properties like anti-oxidant and breast cancer cells suppressor. The soy Isoflavones is produced from the leaf, bark, seed, and shell of soy plant and the end products of soy Isoflavones can be made available in the form of powder, oil or wax. The increasing awareness about the consumption of soy Isoflavones in the diet and its benefits like prevention and cure of heart-related diseases, multiple cancers, asthma, diabetes are the major factors driving the demand of soy Isoflavones worldwide.
The Latin America soy Isoflavones market is anticipated to register a considerable CAGR over the aforementioned forecast period owing to the increasing demand of soy Isoflavones from pharmaceutical and medical industry. Soy Isoflavones has the properties like antioxidant along with protecting against the bad cholesterol and atherosclerosis in cardiovascular diseases, thereby driving the demand of the soy Isoflavones market. The consumption of soy Isoflavones through food and food supplements reduces the risk of growth of cancer cells by reducing cell mitosis process. The growing demand of soy Isoflavones from cosmetics industry for protect sun damage, treating skin firming, wrinkles, and moisturize skin which also drives the Latin America soy Isoflavones market.
But still, the over consumption of soy Isoflavones leads to the side effects like migraine, food allergies, and thyroid disorder and may hinder the use of the soy Isoflavones and restrain the Latin America soy Isoflavones market.
This market is segmented by form and application. By form it is segmented into powder, liquid and wax. By application it is segmented into Food and Beverages, Nutraceutical, Cosmetics and Others. Nutraceutical was the leading application sector and accounted for USD 5.14 billion in 2015. Isoflavones extract is widely used in dietary supplements, nutraceutical, and pharmaceutical industries.
By geography the market is segmented into Brazil, Chile, Argentina, Mexico and others.
The industry is not dominated by any major players. Some of the key companies in this industry include Fujicco Co., Ltd, Aushadhi Herbal, Tradichem S.L, Frutarom Ltd., Archer Daniels Midland, SK Bioland, Medisys Biotech Pvt. Ltd., Guzen Development, Nutra Green Biotechnology Co., Ltd., and HerboNutra.
3) Raw Material Genetically Modified (GM) Non-genetically Modified (Non-GM)
4) Product Type Genistein Daidzein Glucitein
Scope of the Report: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of application, form, raw material and product type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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