Global Hesperidin Market Size, Share, And Business Benefits By Source (Orange, Lemon, Grapefruit, Apricot), By Type (80%-90%, 90%-94%, greater than equal to 95%), By Form (Powdered, Liquid), By Purity (Standard Purity, High Purity), By Application (Dietary Supplements, Pharmaceuticals, Cosmetics, Food and Beverages, Others), By End Use (Healthcare and Pharmaceuticals, Nutraceuticals, Cosmetics and Personal Care, Food and Beverages, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2024-2033

Report Overview

The Global Hesperidin Market is expected to be worth around USD 371.5 Million by 2033, up from USD 187.1 Million in 2023, and grow at a CAGR of 7.1% from 2024 to 2033. North America dominates the Hesperidin Market: 46.3%, USD 86.6 million.

Hesperidin, a bioflavonoid predominantly found in citrus fruits, has garnered significant attention for its potential health benefits, including anti-inflammatory and antioxidant properties. These attributes have spurred its incorporation into various nutraceutical and pharmaceutical products, positioning hesperidin as a valuable component in the health and wellness industry.

According to the National Institutes of Health, in type 2 diabetes patients, 500 mg/day of hesperidin for six weeks demonstrated antihypertensive and anti-inflammatory effects.

The industrial landscape for hesperidin has evolved notably in recent years. Advancements in extraction technologies have enhanced the efficiency and purity of hesperidin production, meeting the stringent quality standards required for its application in dietary supplements and medications.

Additionally, the increasing consumer shift towards natural and plant-based products has amplified the demand for bioflavonoids like hesperidin, encouraging manufacturers to scale up production capacities. Notably, hesperidin supplementation of around 1,000 mg/day for more than eight weeks was found effective in decreasing insulin levels, as reported by Frontiersin.

Several factors are propelling the growth of the hesperidin market. A heightened consumer awareness of the health benefits associated with natural compounds has led to a surge in demand for products containing hesperidin.

Furthermore, ongoing scientific research continues to uncover new therapeutic potentials of hesperidin, broadening its application spectrum and attracting investment into related product development. For example, in animal studies, hesperidin at a dose of 200 mg/kg demonstrated protective effects against experimentally induced breast cancer, according to MDPI.

Emerging trends indicate a diversification in the utilization of hesperidin. Beyond its traditional use in supplements, there is a growing interest in incorporating hesperidin into functional foods and beverages, catering to health-conscious consumers seeking convenient ways to enhance their nutrient intake.

Additionally, the cosmetic industry is exploring hesperidin for its potential skin health benefits, potentially expanding its market reach. Looking ahead, the hesperidin market is poised for sustained growth. The global emphasis on preventive healthcare and the increasing prevalence of chronic diseases are likely to drive the demand for natural bioactive compounds.

Market projections suggest a steady increase in hesperidin production and consumption, with manufacturers investing in research and development to innovate and meet evolving consumer preferences. These advancements are further supported by clinical and preclinical findings, underscoring hesperidin’s multifaceted health benefits.

Key Takeaways

• The Global Hesperidin Market is expected to be worth around USD 371.5 Million by 2033, up from USD 187.1 Million in 2023, and grow at a CAGR of 7.1% from 2024 to 2033.
• Oranges are the primary source of hesperidin, contributing 53.2% to the global hesperidin market.
• Hesperidin types ranging from 80%-90% purity account for 45.2% of the market’s total volume.
• Powdered form dominates the hesperidin market with a substantial share of 72.1%.
• Standard purity hesperidin holds a significant market share of 68.1%, preferred for its reliability.
• Dietary supplements, incorporating 36.1% of the hesperidin market, highlight its growing health applications.
• Healthcare and pharmaceuticals lead in end-use, representing 39.1% of the hesperidin market demand.
• North America dominates the Hesperidin market, holding 46.3%, valued at USD 86.6 million.

Business Benefits of Hesperidin

Hesperidin, a flavonoid primarily found in citrus fruits, is increasingly recognized for its significant benefits in various business and health contexts. Commercially, hesperidin is valued for its antioxidative properties, which are integral to its use in dietary supplements and functional foods.

This compound supports cardiovascular health and has been linked to improving blood glucose metabolism, which can be leveraged in products aimed at diabetic care or general wellness.

In the pharmaceutical sector, hesperidin’s anti-inflammatory and antioxidant capabilities make it a compelling component in formulations aimed at chronic conditions associated with oxidative stress and inflammation. Additionally, its impact on blood circulation and vascular health presents opportunities for innovation in circulatory health products.

Moreover, research has shown hesperidin’s potential in improving insulin receptor function, suggesting its utility in managing insulin resistance and possibly contributing to diabetes management solutions. The broad applicability of hesperidin in health-related industries offers substantial opportunities for businesses focused on natural and preventive health solutions.

By Source Analysis

Orange is the primary source of hesperidin, accounting for 53.2%.

In 2023, Orange held a dominant market position in the “By Source” segment of the Hesperidin Market, with a 53.2% share. The market data indicates a strong preference for orange-derived hesperidin due to its higher bioflavonoid content and widespread availability, which are critical factors in the production of health supplements and pharmaceuticals.

Lemon followed with a 22.1% market share, valued for its distinct flavonoid composition and its appeal in niche markets focusing on organic and natural extracts. Grapefruit and apricot sources accounted for 15.4% and 9.3% respectively.

Grapefruit’s contribution reflects its growing popularity in functional foods and beverages, while apricot’s smaller share underscores its emerging status and potential for growth in diverse applications such as skin care products and dietary supplements.

The segmental performance of these sources underlines the diversification of the hesperidin market and its alignment with consumer preferences for citrus-based natural ingredients.

By Type Analysis

Hesperidin types between 80%-90% purity hold a market share of 45.2%.

In 2023, the Hesperidin Market was significantly influenced by the dominance of the “By Type” segment, which is categorized into three sub-segments based on hesperidin concentration: 80%-90%, 90%-94%, and ≥95%.

The 80%-90% concentration segment held a dominant market position, capturing a 45.2% share. This segment’s prominence is primarily due to its optimal balance between cost and efficacy, making it highly sought after in both dietary supplements and pharmaceutical applications.

The 90%-94% segment also demonstrated robust performance, showing an increased preference for higher purity in applications requiring more stringent quality controls, particularly in high-end cosmetic and nutraceutical products. This segment has been growing steadily as manufacturers seek to differentiate their products by offering higher quality and efficacy.

The ≥95% segment, while smaller in market share, targets niche markets where ultra-high purity is essential, such as in specialized medical therapies and advanced research applications. Products in this segment are typically priced higher due to the complex extraction and purification processes required to achieve such high levels of purity.

Overall, the varied applications and benefits of hesperidin across its concentration range underscore its versatility and growing appeal in the health and wellness sector, driving its market dynamics in 2023.

By Form Analysis

Powdered form dominates the hesperidin market with a 72.1% share.

In 2023, Powdered held a dominant market position in the “By Form” segment of the Hesperidin Market, with a 72.1% share. This form’s considerable market share can be attributed to its extensive use in dietary supplements and pharmaceutical formulations, where ease of storage, stability, and precise dosing are critical.

The powdered form of hesperidin is favored for its solubility and compatibility with various delivery systems, which enhances its application scope across health and wellness products.

On the other hand, the Liquid form accounted for a 27.9% share of the market. Despite its smaller share, liquid hesperidin is integral in beverage applications, offering manufacturers the ability to incorporate it seamlessly into functional drinks, juices, and other liquid dietary supplements. Its use in liquid form is particularly valued for its ease of integration in formulations that target quick absorption and immediate bioavailability.

The contrasting preferences for powdered and liquid forms underscore the dynamic nature of the hesperidin market and reflect ongoing innovations and consumer trends in the nutraceutical and functional food sectors.

By Purity Analysis

Standard purity hesperidin leads, capturing 68.1% of the market.

In 2023, Standard Purity held a dominant market position in the “By Purity” segment of the Hesperidin Market, with a 68.1% share. This segment’s predominance is driven by its broad acceptance across multiple industries, including pharmaceuticals, dietary supplements, and cosmetics.

Standard purity hesperidin is favored for its cost-effectiveness and sufficient efficacy, making it a popular choice for manufacturers seeking to balance quality with cost constraints.

Conversely, the High Purity segment captured a 31.9% market share. Although smaller in comparison, this segment caters to niche markets that require exceptionally high-quality standards, such as high-end cosmetics and targeted therapeutic applications.

High purity hesperidin is particularly valued for its enhanced bioavailability and potency, which are crucial in applications where maximum efficacy is desired.

The distribution of market shares between these two segments highlights the diverse applications of hesperidin and the varying consumer demands within the market. It reflects ongoing research and development efforts aimed at expanding the potential uses of hesperidin by improving its purity and application-specific performances.

By Application Analysis

Dietary supplements are a key application, representing 36.1% of usage.

In 2023, Dietary Supplements held a dominant market position in the “By Application” segment of the Hesperidin Market, with a 36.1% share. This leading position can be attributed to the increasing consumer awareness of health and wellness, particularly in the context of natural and preventive healthcare. Hesperidin’s benefits in cardiovascular health, anti-inflammatory properties, and immune support have made it a key ingredient in the formulation of nutritional supplements.

Pharmaceuticals followed with a 29.4% share, utilizing hesperidin in the production of medications that target blood circulation and other chronic conditions. The Cosmetics sector accounted for 19.5% of the market, where hesperidin’s antioxidant properties are leveraged to formulate skin care products that protect against photoaging and improve skin health.

Lastly, Food and Beverages held a 15% market share, incorporating hesperidin primarily for its health-enhancing benefits and as a natural preservative in functional foods and drinks.

The varied applications of hesperidin across these sectors demonstrate its versatile nature and its alignment with trends toward natural ingredients and holistic health solutions in multiple consumer markets.

By End-Use Analysis

Healthcare and pharmaceuticals are major end-users, comprising 39.1% of the market.

In 2023, Healthcare and Pharmaceuticals held a dominant market position in the “By End Use” segment of the Hesperidin Market, with a 39.1% share. This segment’s leadership underscores hesperidin’s integral role in developing treatments and supplements that address a wide range of health issues, including vascular health, diabetes management, and inflammatory conditions. The natural properties of hesperidin, coupled with a robust research foundation, enhance its adoption in pharmaceutical applications.

Nutraceuticals accounted for a 28.4% share, driven by growing consumer interest in dietary supplements that support overall wellness and prevent disease. The Cosmetics and Personal Care sector, which harnesses hesperidin’s antioxidant and anti-aging benefits, captured 18.7% of the market. Lastly, Food and Beverages represented a 13.8% share, integrating hesperidin primarily for its functional properties and health benefits in functional drinks and fortified foods.

The diverse utilization of hesperidin across these sectors reflects its broad therapeutic potential and alignment with consumer trends toward natural and functional ingredients. This distribution also highlights the continued expansion of hesperidin’s applications beyond traditional boundaries, driven by innovation and consumer demand.

Key Market Segments

By Source

• Orange
• Lemon
• Grapefruit
• Apricot

By Type

• 80%-90%
• 90%-94%
• ≥95%

By Form

• Powdered
• Liquid

By Purity

• Standard Purity
• High Purity

By Application

• Dietary Supplements
• Pharmaceuticals
• Cosmetics
• Food and Beverages
• Others

By End Use

• Healthcare and Pharmaceuticals
• Nutraceuticals
• Cosmetics and Personal Care
• Food and Beverages
• Others

Driving Factors

Increasing Demand for Antioxidant-Rich Supplements Drives Market Growth

The Hesperidin Market is experiencing significant growth, largely due to the rising consumer interest in antioxidant-rich dietary supplements. As awareness about the health benefits of antioxidants—such as reducing inflammation and combating free radicals—increases, more consumers are turning to supplements that include hesperidin.

This compound, found predominantly in citrus fruits, is recognized for its potent antioxidant properties. The trend towards preventive healthcare and wellness through diet supplementation is propelling the demand for hesperidin, influencing manufacturers to expand their product lines to include this beneficial ingredient.

Expansion of Nutraceutical Applications Boosts Hesperidin Usage

Nutraceuticals are gaining popularity for their health benefits, and hesperidin is emerging as a key ingredient in this sector. It’s known for its cardiovascular and anti-inflammatory properties, making it a valuable addition to various health supplements.

The growing body of research supporting the therapeutic benefits of hesperidin has encouraged its incorporation into a range of nutraceutical products. As the market for dietary supplements expands, the demand for clinically proven, health-promoting ingredients like hesperidin intensifies, driving its market growth across multiple regions.

Growth in the Functional Foods and Beverages Sector

The functional foods and beverages sector is rapidly expanding as consumers seek out products that offer specific health benefits beyond basic nutrition. Hesperidin is increasingly being included in the formulation of functional beverages and foods due to its health-promoting properties, including enhancing vascular health and providing anti-inflammatory effects.

This integration into daily dietary choices is a major driving force in the hesperidin market. As manufacturers continue to innovate and incorporate health-enhancing ingredients into their products, hesperidin’s role within the functional foods industry is set to grow significantly.

Restraining Factors

High Cost of Hesperidin Limits Market Accessibility

The cost of extracting and purifying hesperidin from citrus peels remains high, which significantly restricts market growth. This high cost is transferred to the final product, making hesperidin-containing supplements and functional foods less accessible to a broader consumer base.

As a result, potential buyers may opt for more affordable alternatives, impacting the overall market expansion. For the hesperidin market to reach a wider audience, advancements in cost-effective extraction technologies are crucial.

Regulatory Challenges Hinder Hesperidin Market Expansion

The hesperidin market faces stringent regulatory hurdles across different regions, which can slow down the approval processes for new hesperidin-infused products. Each country’s unique regulatory framework regarding dietary supplements and functional foods requires manufacturers to navigate complex compliance issues, delaying product launches and market entry.

This regulatory environment can be particularly challenging for new players looking to enter the market, thus acting as a significant restraint.

Limited Awareness in Emerging Markets Restricts Growth

In many emerging markets, there is limited consumer awareness about the specific health benefits of hesperidin. Without adequate knowledge, consumers may not be motivated to purchase hesperidin-based products, thereby limiting market growth in these regions.

Efforts to educate consumers on the health advantages of hesperidin, such as its cardiovascular and anti-inflammatory properties, are essential for expanding the market’s reach. Increased educational campaigns and marketing initiatives are needed to boost hesperidin’s market penetration globally.

Growth Opportunity

Expansion into Emerging Markets Offers Significant Growth Potential

Emerging markets present a significant growth opportunity for the hesperidin market. As economic conditions improve and consumer spending increases in these regions, there is a rising demand for health supplements and functional foods.

By targeting these markets, companies can tap into a new customer base that is becoming increasingly aware of and interested in the health benefits of natural ingredients like hesperidin. Strategic marketing and educational campaigns can further enhance visibility and demand, driving market expansion in untapped regions.

Innovation in Product Formulation Drives Market Adoption

There is a growing opportunity for innovation in the formulation of hesperidin-based products. As consumers seek more convenient and palatable options for health supplements, companies can develop new product forms such as gummies, effervescent tablets, and fortified beverages.

These innovations not only attract a broader audience but also enhance the user experience, encouraging more frequent consumption and increasing market penetration. Companies that lead in product innovation are likely to capture and sustain consumer interest, boosting market growth.

Partnerships with Healthcare Providers Enhance Market Reach

Forming partnerships with healthcare providers can open new avenues for the hesperidin market. By collaborating with doctors, nutritionists, and wellness clinics, manufacturers can promote hesperidin as a recommended supplement for specific health conditions such as hypertension and inflammation.

These partnerships can lead to increased credibility and trust among consumers, driving demand. Educational initiatives led by healthcare professionals can also raise awareness about the benefits of hesperidin, further expanding its market presence and acceptance.

Latest Trends

Rise of Clean Label Products Boosts Hesperidin Popularity

The trend towards clean label products, which emphasize natural and simple ingredients, is positively impacting the hesperidin market. Consumers increasingly prefer supplements that are free from synthetic additives, leading manufacturers to include hesperidin due to its natural origin and health benefits.

This shift towards transparency in labeling reassures consumers about product safety and quality, enhancing hesperidin’s appeal. As this trend continues, hesperidin’s presence in the market is expected to grow, supported by consumer demand for healthier and more natural dietary choices.

Increased Focus on Immune Health Spurs Hesperidin Demand

In recent years, there has been a heightened focus on immune health, accelerated by global health concerns. Hesperidin, known for its immune-boosting properties, has become a sought-after ingredient in dietary supplements. Its ability to support the immune system and reduce inflammation makes it particularly appealing during times when health consciousness is at its peak.

As a result, products featuring hesperidin are seeing increased demand, and this trend is likely to persist as consumers continue to prioritize health and wellness.

Integration of Hesperidin in Functional Beverages

The integration of hesperidin into functional beverages is a growing trend in the food and beverage industry. Consumers are looking for drinks that not only refresh but also provide health benefits, such as enhanced heart health and antioxidant protection.

Hesperidin’s inclusion in juices, teas, and fortified waters caters to this demand, offering a convenient way to consume beneficial nutrients. This trend is expanding hesperidin’s market reach and encouraging more beverage manufacturers to explore its potential as a functional ingredient in their product lines.

Regional Analysis

North America dominates the hesperidin market, holding a 46.3% share, valued at USD 86.6 million.

The global hesperidin market exhibits varied growth dynamics across different regions. North America currently dominates the market with a substantial share of 46.3%, valued at USD 86.6 million. This prominence is attributed to the region’s well-established dietary supplement industry and heightened consumer awareness regarding the health benefits of hesperidin, particularly in the United States and Canada.

In Europe, the market is driven by increasing demand for natural health products and stringent regulations promoting the use of safe and natural ingredients in food and healthcare products. The European market is also supported by robust research and development activities focused on the benefits of flavonoids.

The Asia Pacific region presents significant growth opportunities due to rising health consciousness and improvements in healthcare infrastructure, particularly in countries like China and India. The expanding middle-class population and growing preference for nutraceuticals in these countries are expected to boost the market substantially.

The Middle East & Africa and Latin America regions are experiencing gradual growth. The increase in market size here is driven by improving economic conditions, rising health awareness, and the gradual adoption of Western dietary habits, which include supplements like hesperidin.

Key Regions and Countries

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA

Key Players Analysis

In 2023, the global hesperidin market will be significantly influenced by a diverse array of key players, each contributing unique strengths and strategies. Achemo Corporation and BOCSCI Inc. are noted for their robust supply chain capabilities and strong focus on quality assurance, positioning them as reliable suppliers in North America and Europe.

Auraleafs Labs Private Limited and BioCrick Co., Ltd. stand out for their dedication to research and development, particularly in the formulation of advanced hesperidin derivatives with enhanced bioavailability and efficacy.

Benepure Corporation is distinguished by its large-scale production capabilities and has established a strong foothold in the Asia Pacific market through strategic partnerships with local distributors.

Similarly, Bolise Co., Limited and Chengdu Runde Pharmaceutical Co., Ltd. are expanding their market presence by capitalizing on the growing demand for natural supplements in emerging markets, focusing on tailored solutions to meet regional health needs.

Morre-Tec Industries, Inc. and Haihang Industry leverage their expertise in the integration of hesperidin into diverse applications, from pharmaceuticals to functional foods, driving innovation across product categories.

Di’ao Pharma and NAGASE & CO., LTD. emphasize sustainability and ethical sourcing of citrus peels, which enhances their brand reputation among environmentally conscious consumers.

Plantnat and Zhejiang Kangle Pharmaceutical Co., Ltd. focus on cost-effective production techniques to maintain competitive pricing without compromising quality. Lastly, VIVAN Life Sciences and Tokyo Chemical Industry Co., Ltd. are key players in the field of chemical innovation, developing novel synthesis methods that could redefine industry standards for hesperidin extraction and purification.

Top Key Players in the Market

• Achemo Corporation
• Auraleafs Labs Private Limited
• BOCSCI Inc.
• BioCrick Co., Ltd.
• Benepure Corporation
• Bolise Co., Limited
• Chengdu Runde Pharmaceutical Co., Ltd.
• Morre-Tec Industries, Inc.
• Haihang Industry
• Di’ao Pharma
• NAGASE & CO., LTD.
• Plantnat
• Zhejiang Kangle Pharmaceutical Co., Ltd.
• VIVAN Life Sciences
• Tokyo Chemical Industry Co., Ltd.

Recent Developments

• In 2023, Benepure Corporation advanced its Hesperidin products through rigorous research and innovation, focusing on sustainability and enhancing its global industry chain to offer diverse, high-quality botanical extracts for health and wellness.
• In 2023, Chengdu Runde Pharmaceutical Co., Ltd. focused on enhancing Hesperidin production and innovation, expanding its market presence, and strengthening global partnerships.

Report Scope