Lignans, which are precursors to phytoestrogens are a type of polyphenols that are found in plants, whole grains, seeds, and vegetables. There has been an increasing utilization of lignans in industries like food & beverage, pharmaceutical, agriculture, and others.
In agriculture, lignans act as antifeedants in the protection of seeds and plants against fungus and herbivores. Growing agriculture production in the U.S. is expected to augment the adoption of the ingredient.
As per the U.S. Department of Agriculture, the total output of farms in the U.S. valued at around US$136.1 billion in 2019, which was about 0.6% of the national GDP. To cater to the rising population, the agriculture production in the nation is likely to increase in the coming years, which could positively impact the compound demand.
Global lignans market size is projected to surpass US$91.47 million by 2026, as per the forecast by Global Market Insights, Inc. Mentioned below are some factors driving the adoption of lignans-rich foods.
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Prevalence of cancer
Lignans offer antioxidant, antibacterial, antiviral, antimitotic, antifungal, and antitumor properties. These exceptional bioactive properties play a critical role in the prevention of various severe diseases such as heart disease, osteoporosis, menopausal symptoms, and breast cancer. Owing to such biological benefits, the product is broadly utilized in the manufacture of drugs in the pharmaceutical industry.
The increasing prevalence of chronic diseases is expected to boost product adoption in drug discoveries. As per the International Agency for Research on Cancer (IARC), nearly 2.3 million females were diagnosed with breast cancer in 2020.
Wide range of lignans-rich foods
In a view to boost the immune system and prevent various chronic illnesses, the growing consumption of lignans-rich foods is predicted to propel business expansion. Lignans are found in flax seeds and sesame seeds in high levels. On the other hand, other foods that contain lignans are cereals (wheat, rye, barley, and oat), tofu, soybeans, cruciferous vegetables, such as cabbage and broccoli, and some fruits, including strawberries and apricots.
Demand for functional food among geriatric population
Lignans are utilized in foodstuffs, beverages, and many functional foods due to their health benefits. The growing consumer inclination towards the adoption of healthy food is likely to escalate the demand for lignans-rich products in the upcoming years.
On the other hand, the rising elderly population and concerns related to old-age conditions are anticipated to propel the sales of lignans-rich functional foods. According to U.S. Census 2020, there are nearly 109 million people aged 50 or more and about 48 million people aged 65 and above in the U.S.
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Europe lignans industry is predicted to witness significant gains owing to the presence of a flourishing pharmaceutical sector. The healthcare sector in Europe is primarily dominated by Italy. As per the OECD, pharmaceutical expenditure in Italy recorded at around 18% of the total healthcare spending in 2019.
Additionally, rising government initiatives to upscale R&D activities to discover novel vaccines and medication to curb the surging cases of COVID-19 is likely to complement the regional industry share.
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