Kaempferol market may see a significant growth during forecast time frame. Growth of pharmaceutical industry owing to rising healthcare expenditure and increasing diseases like diabetes, obesity and cancer may foster product market size. Rising application of kaempferol in medicines to cure cancer aftereffects and diabetes is likely to boost the market demand.
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Kaempferol is a naturally occurred dietary flavonoid derived from a variety of plants. It is a yellow colored crystalline solid having a melting point of 275-278 o C. It is highly soluble in hot ethers, ethanol and di methyl sulfoxide (DMSO). It is found in a variety of plants including Moringa oleifera, Aloe Vera, Sambucus nigra, Glycine max, Pinus sylvestris, Cuscuta chinensis, Coccinia grandis, Euphorbia pekinensis, Toona sinensis and Ilex.
Increasing number of chronic disease owing to changing dietary habits and rising obesity rates are the key factors driving the pharmaceutical industry. In 2018, more than 17 million new cancer cases were diagnosed globally. Kaempferol is widely utilized in pharmaceutical applications owing to its including anti-inflammatory, anti-cancer, anti-oxidant, antiapoptotic and cytoprotective properties. The product is used in reducing the risk of chronic diseases specially cancer by improving human body’s anti-oxidant resistance system against free radicals which promotes cancer development thereby, increasing the product demand.
Increasing level of disposable income and rising trends for grooming and personal care products are the key factors which may foster the product demand. The global personal care market was valued at over USD 570 billion in 2018. Kaempferol is used in cosmetics and personal care products owing to its superior properties which act as anti-oxidants, anti-inflammatory and anti-ageing agent, thereby stimulating product demand.
Growing textile industry owing to constantly improving technology and increasing trends for non-woven textiles are the key factors driving the market demand. The global textile market size may surpass USD 1 trillion by the year 2025. Kaempferol is used to dye silk, wool and cotton as it imparts different colors with different elements. It gives brownish-yellow, lemon yellow, yellow and olive brown with chromium, tin, aluminium and iron respectively. It is also used in printing and dyeing of calico which is a plain-woven textile made from unbleached cotton, thereby stimulating the product demand.
North America led by Canada and the U.S kaempferol market size may witness a favorable growth rate up to 2025. Increasing number of chronic diseases owing to rising trends of smoking and alcohol intake may drive the market growth. In 2018, more than 1.7 million new cases of cancer were diagnosed in the U.S. Furthermore, kaempferol also modulates key elements of cellular signal transduction pathways linked to apoptosis, inflammation, metastasis and angiogenesis in cancer treatment, thereby fostering the regional industry growth.
Europe driven by Italy, UK, France and Germany kaempferol market demand may register significant growth rate in the forecast timeframe owing to increase in personal care product industry. In 2018, consumers spent at over USD 42 billion on personal care products in UK. Kaempferol is widely used in personal care products owing to its highest antioxidant selectivity index among all 35 flavonoids. It is specially utilized in skin care products including anti-ageing creams, anti-inflammatory cream and sun’s cream and lotions thereby driving the regional product demand.
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Asia Pacific kaempferol market demand led by India, Japan, and China is expected to witness favorable growth during forecast timeframe. Indian textile industry is expected to reach USD 223 billion by 2021. Growth in textile industry owing to rising income levels and formation of new export oriented policies may drive the industry growth. The product is widely used in textiles to dye cotton, wool and silk. It imparts different shades of yellow color when used with different elements like aluminium, tin, lead and iron thereby driving the overall regional market.
Global kaempferol market share is moderately fragmented. Companies like Cambridge Isotope Laboratories, fujifilm wako chemicals, Toronto research chemicals, AppliChem GmbH, Spectrum Chemicals and Laboratory Products, TCL and INDOFINE Chemical Company are the key participants operating in the industry. Most of the companies are focusing on product development and acquiring companies to gain competitive advantage.