Lignans market is anticipated to grow at a CAGR of 5.2% during the forecast period. Lignans are micronutrients that are derived from roots, plant stems, bark, fruits, and seed parts, and exhibit antiviral, antifungal, and antibacterial properties. They are predominantly derived from flax seeds, sunflower seeds, pumpkin seeds, sesame seeds, wheat, corn, strawberry, and broccoli. Several health benefits such as the prevention of neurodegenerative conditions, such as Alzheimer's disease and Parkinson's disease have led to an increased demand for lignans. Degenerative nerve diseases affect various body activities, such as balance, movement, talking, breathing, and heart function. According to the Centers for Disease Control and Prevention (CDC), in 2020 around 5.8 million US people were living with Alzheimer’s disease. People suffering from the disease doubles every 5 years beyond age 65.  Hence, the demand for lignans-based products is expected to increase as these products can support the curing and prevention of the disease. Most studies have focused on the effects of lignan-rich food consumption in the prevention of cancer and cardiovascular disease. Lignan metabolites act as free radical scavengers and antioxidants, resulting lower risk of cancer development. This, in turn, is expected to drive the demand for lignans across pharmaceuticals and food products. 

Segmental Outlook 

The global lignans market is segmented based on source and application. Based on the source, the market is segmented into oilseeds, cereals, and plant resins. Based on the application, the market is segmented into food, cosmetics, animal feed, and pharmaceuticals. The above-mentioned segments can be customized as per the requirements. Based on the source, the cereals segment is anticipated to grow at the fastest rate during the forecast period. Lignans are predominantly found in cereals including wheat, oats, rye, and barley. Rising demand for cereal-based food owing to the growing awareness among the population. Cereal-based foods are regarded as a rich source of carbohydrates, proteins, vitamins, minerals, and antioxidants which supports protection from heart diseases, and other diseases which in turn, is encouraging the demand for lignans during the forecast period. Heart disease is the leading cause of mortality for men and women in the US. According to the Centers for Disease Control and Prevention (CDC), around 659,000 people in the US die from heart disease each year, which is 1 in every 4 mortalities. This results in the driving demand for products such as lignans that supports the prevention of these severe health problems. 

Regional Outlook

The global lignans market is further segmented based on geography including North America (the US and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America).  The market can be analyzed for a particular region or country level as per the requirement. Asia-Pacific is anticipated to grow at the fastest rate during the forecast period. Rising preference for food items that are not only nutritious, however, can also support improving the overall health and well-being has led to increased consumption of functional food items.

Global Lignans  Market Growth, by Region 2022-2028

Asia-Pacific to Witness Potential Share in the Global Lignans Market During the Forecast Period

Asia-Pacific is expected to hold a potential share in the global lignans market during the forecast period. The rising demand for functional foods and the rising prevalence of chronic diseases are some factors encouraging the demand for lignans in the region. There is a huge population suffering from various chronic diseases in the region. Chronic diseases include not only non-communicable diseases, mental disorders, and physical impairments but also encompass several communicable diseases such as human immunodeficiency virus (HIV) infection. According to WHO, each year around 8.5 million peoples die, due to Non-communicable diseases (NCDs) which mainly comprises chronic respiratory diseases, diabetes, cancer, and cardiovascular diseases in the South-East Asia region. Chronic diseases are among the most prevalent, costly, and preventable of all health problems. Lignans riched food can support lower the risk of cancer, improves heart health, reduces the level of bad cholesterol, supports cleaning the gut, and improve bowel movement. 

Market Players Outlook

The major companies serving the global lignans market include Kingherbs, Naturalin Bio-Resources Co., Ltd., BioGin Biochemicals Co. Ltd., Prairie Tide Diversified, Inc., Shaanxi Zebrago Industrial Co., Ltd., and others. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in February 2022, health and wellness company, Fountain of life launched their new lignan dietary supplement drops in the US and Canada. It has high-performance antioxidants made from the extracts of Norwegian Spruce and has potent anti-inflammatory and pain relief properties, also it has 17 times more antioxidants than flaxseed.

The Report Covers

• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global lignans market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.