The globally rising interest in the field of nutritional research is expected to open doors to a series of product development opportunities for global glucosinolates market players. Several organizations are undertaking research studies for gaining a deeper understanding about the multiple health benefits of GSLs and their breakdown products.
Some of these studies also assess the impact of numerous human-related and food-related factors. The variables under study could affect the levels of ingested GSLs, their metabolism, bioavailability, and potential role on human health. An increase in similar activities is expected to drive the business expansion through the forecast period.
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According to the latest research conducted by Global Market Insights Inc., Glucosinolates Market size surpassed USD 160 million in 2020 and is likely to record around 6.5% CAGR between 2021 and 2027.
Mentioned below are some of the prominent factors that are likely to drive the global business landscape over the forthcoming years:
Rising demand for broccoli glucosinolates
Broccoli glucosinolates market value is set to surpass USD 105 million through 2027. This growth can be credited to the multiple benefits of broccoli consumption. As per a study published in 2020, glucosinolates help in the regulation of genes and cell pathways. The compound could be beneficial for the prevention and treatment of metabolic syndrome.
Besides, broccoli and other cruciferous vegetables are a rich source of fiber and many essential minerals and vitamins. These aspects are expected to drive the demand for glucosinolates foods through the forthcoming years.
Growing product usage in disease prevention applications
The consumption of glucosinolates-containing vegetables could help in decreasing the risk of various diseases comprising type 2 diabetes, neurodegenerative diseases, and cancer cardiovascular ailments.
This is majorly on account of the presence of chemopreventive properties. Glucosinolates do not exhibit direct biological activity. However, the same could be attributed to some of their hydrolysis products released by the myrosinase (MYR) enzyme and associated proteins. These parameters are expected to drive the product demand across various regions.
Examining the regional landscape: A look at the major industry drivers in Europe
Europe glucosinolates market share is estimated to register commendable growth over 2021-2027. This upsurge can be credited to an escalation in the number of research activities in the region. Citing an instance, in July 2021, researchers at the UK-based John Innes Center conducted the first field application of CRISPR-Cas9 gene editing technology.
Researchers studied the role of the MYB28 gene in the regulation of glucosinolates found in brassica species. The organic compound is popular for its anti-carcinogenic properties, reduction of the risk of cardiovascular diseases, and controlling the blood glucose level.
Considering other regions, North America glucosinolates market value exceeded USD 42.5 million in 2020 and is set to record substantial growth over the estimated period.
Jarrow Formulas, Wincobel, Kirkman Group, Nutra Canada, Interherb, and others are some of the major participants in the glucosinolates industry.
To sum up, the coming years are expected to record an escalating demand for organic food and an increase in the number of technological advancements in the food & beverage sector. These aspects would impel glucosinolates market expansion, driving business growth across various regions.
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