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Inositol Market Outlook Report

Published On: Mar, 2024
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Pages: 156

The Inositol Market is estimated to be USD 152.7 million in 2024. Furthermore, the market is expected to grow to USD 242.1 million by 2031, with a Compound Annual Growth Rate (CAGR) of 6.81%.

Inositol Market Overview

Inositol is a naturally occurring nutrient classed as a carbocyclic polyol with Myo-inositol being the prominent name for its most prevalent type. Classified as a member of the vitamin B complex (vitamin B8) Inositol can be sourced from a majority of fresh fruits, vegetables, grains, and meat sources. Whole grain bread and bran, dried prunes, cantaloupe, oranges, peaches, and pears, beans and peas, almonds, eggs and liver are a few of the key natural sources of the nutrient. Inositol finds its application as a key ingredient in manufacturing dietary supplements, functional beverages, infant milk powder, animal and aquatic feed additives, and personal care products. Inositol is noted to be effective in the treatment of polycystic ovary syndrome (PCOS) and obsessive-compulsive disorder (OCD)playing an important role in the supply of brain cell nutrition. Other key functionalities of Inositol are identified in lowering cholesterol, promoting healthy hair growth, liver fat metabolism and acting as an anticancer, anti-diabetic, anti-oxidant, and anti-inflammation agent.

Latest Trends in Inositol Market

Changing consumption patterns and consumer inclination towards healthy diet:

The surge in demand for healthy products has led to the demand for functional products as inositol. The growing size of the population with diseases such as diabetes, insomnia, PCOS, and others, amid increased junk food consumption and an unhealthy lifestyle, has increased demand for inositol-containing medications and supplements. Inositol has several health benefits, owing to its ability to balance specific chemicals in the central nervous system, health practitioners frequently offer inositol-containing medications to patients suffering from mental disorders such as depression, panic disorder, and others. Furthermore, the rising demand for inositol products among women suffering from disorders such as polycystic ovarian syndrome and hormonal imbalance in both emerging and developed countries is expected to fuel the worldwide inositol market. Adding to this, the shift in consumer preference from unhealthy to healthy food products has increased demand for inositol-containing food products in the food and beverage business. 

Driving Factors

Growing Awareness About the Health Benefits of Inositol :

Inositol is used for diabetic nerve pain, aid blood sugar control by improving insulin sensitivity, panic disorder, high cholesterol, insomnia, cancer, depression, improve fertility in women with PCOS, schizophrenia, Alzheimer's disease, attention deficit-hyperactivity disorder (ADHD), autism, promoting hair growth, a skin disorder called psoriasis, and treating side effects of medical treatment with lithium. Since the outbreak of Covid-19, people across the world became more aware of a healthy lifestyle. According to researchers and industry experts, there has been a similar increase in demand for healthier products. This huge increase in immune-boosting, natural, and organic product purchases is directly related to the pandemic outbreak.

Market Challenges

Potential Side Effects:

The global inositol market is likely to take a significant hit, potentially resulting in a decline in demand for its products due to the negative impact of excessive use. Nausea, headaches, lethargy, dizziness, and minor gastrointestinal upset are common side effects of inositol or inositol compounds, which are expected to be the key factors that impede the industry's growth throughout the forecast period. Global players with effective solutions and necessary promotion to present product safety will augment the Inositol market growth.

Companies Mentioned

Charles Bowman &Company
Holland & Barrett Retail Ltd
Koninklijke DSM N.V.
MERCK & Co.
BASF Corp
Cargill, Inc

 

Report Scope

Details

Market Value- $ Million,2024

152.7

Market Growth (Value), (2024-2030)- %

6.8

 Leading Region

Xx

Base Year

2023

Forecast Period

2024 to 2031

Segments Covered

By Application, By Form, By Sales Channel

Geography Covered

North America, Europe, Asia-Pacific, South and Central America, and Middle East & Africa

 

Market Segmentation

Inositol Market, By Application

  • Dietary Supplement
  • Beverage
  • Feed Industry
  • Pharmaceutical Industry
  • Others

Inositol Market, By Form

  • Capsule
  • Powder
  • Tablet and Other

Inositol Market, By Sales Channel

  • Pharma and Speciality Stores
  • Hypermarket/Supermarket
  • Online Sales
  • Other

TABLE OF CONTENTS

1. GLOBAL INOSITOL INDUSTRY
1.1. Market Scope and Definition
1.2. Study Assumptions

2. INOSITOL MARKET LATEST TRENDS, DRIVERS AND CHALLENGES, 2023 -2031
2.1. Inositol Market Latest Trends
2.1.1. Changing consumption patterns and consumer inclination towards healthy diet
2.1.2. Increasing investment for R&D activities by major players
2.1.3. Growing Acceptance of Inositol for Women Health
2.1.4. Increasing Online Sources to Market Products
2.1.5. Shifting Trend Towards Plant-Based and Sustainable Nutrition
2.2. Inositol Market Insights, 2023-2031
2.2.1. Leading Inositol Application, 2023-2031
2.2.2. Dominant Inositol Form, 2023-2031
2.2.3. Top Inositol Sales Channel, 2023-2031
2.3. Inositol Market Drivers and Restraints
2.3.1. Inositol Demand Drivers TO 2031
2.3.2. Inositol Challenges to 2027
2.4. Inositol Market-Five Forces Analysis

3. GLOBAL INOSITOL MARKET VALUE, MARKET SHARE, AND FORECAST TO 2031
3.1. Global Inositol Market Overview, 2023
3.2. Global Inositol Market Size and Share Outlook, By Application, 2023-2031
3.2.1. Dietary Supplement
3.2.2. Beverage
3.2.3. Feed Industry
3.2.4. Pharmaceutical Industry
3.2.5. Others
3.3. Global Inositol Market Size and Share Outlook, By Form, 2023-2031
3.3.1. Capsule
3.3.2. Powder
3.3.3. Tablet and Other
3.4. Global Inositol Market Size and Share Outlook, By Sales Channel, 2023-2031
3.4.1. Hypermarket/Supermarket
3.4.2. Pharma and Specialty Stores
3.4.3. Online Sales
3.4.4. Other
3.5. Global Inositol Market Size and Share Outlook by Region, 2023-2031

4. EUROPE INOSITOL MARKET VALUE, MARKET SHARE, AND FORECAST TO 2031
4.1. Europe Inositol Market Overview, 2023
4.2. Europe Inositol Market Size and Share Outlook by application, 2023-2031
4.3. Europe Inositol Market Size and Share Outlook, By Form, 2023-2031
4.4. Europe Inositol Market Size and Share Outlook by Sales Channel, 2023-2031
4.5. Europe Inositol Market Size and Share Outlook by Country, 2023-2031
4.5.1. Germany
4.5.2. France
4.5.3. UK
4.5.4. Italy
4.5.5. Spain
4.5.6. Rest of Europe

5. NORTH AMERICA INOSITOL MARKET VALUE, MARKET SHARE, AND FORECAST TO 2031
5.1. North America Inositol Market Overview, 2023
5.2. North America Inositol Market Size and Share Outlook by Application, 2023-2031
5.3. North America Inositol Market Size and Share Outlook, By Form, 2023-2031
5.4. North America Inositol Market Size and Share Outlook by Sales Channel, 2023-2031
5.5. North America Inositol Market Size and Share Outlook by Country, 2023-2031
5.5.1. United States
5.5.2. Canada
5.5.3. Mexico

6. ASIA PACIFIC INOSITOL MARKET VALUE, MARKET SHARE AND FORECAST TO 2031
6.1. Asia Pacific Inositol Market Overview, 2023
6.2. Asia Pacific Inositol Market Size and Share Outlook by Application, 2023-2031
6.3. Asia Pacific Inositol Market Size and Share Outlook, By Form, 2023-2031
6.4. Asia Pacific Inositol Market Size and Share Outlook by Sales Channel, 2023-2031
6.5. Asia Pacific Inositol Market Size and Share Outlook by Country, 2023-2031
6.5.1. China
6.5.2. Japan
6.5.3. India
6.5.4. Rest of Asia Pacific

7. SOUTH AND CENTRAL AMERICA INOSITOL MARKET VALUE, MARKET SHARE AND FORECAST TO 2031
7.1. South and Central America Inositol Market Overview, 2023
7.2. South and Central America Inositol Market Size and Share Outlook by Application, 2023-2031
7.3. South and Central America Inositol Market Size and Share Outlook, By Form, 2023-2031
7.4. South and Central America Inositol Market Size and Share Outlook by Sales Channel, 2023-2031
7.5. South and Central America Inositol Market Size and Share Outlook by Country, 2023-2031
7.5.1. Brazil
7.5.2. Peru
7.5.3. Rest of South and Central America

8. MIDDLE EAST AFRICA INOSITOL MARKET VALUE, MARKET SHARE AND FORECAST TO 2031
8.1. Middle East Africa Inositol Market Overview, 2023
8.2. Middle East Africa Inositol Market Size and Share Outlook by Application, 2023-2031
8.3. Middle East Africa Inositol Market Size and Share Outlook, By Form, 2023-2031
8.4. Middle East Africa Inositol Market Size and Share Outlook by Sales Channel, 2023-2031
8.5. Middle East Africa Inositol Market Size and Share Outlook by Country, 2023-2031
8.5.1. Middle East
8.5.2. Africa

9. INOSITOL MARKET STRUCTURE
9.1. Charles Bowman &Company
9.2. Holland & Barrett Retail Ltd
9.3. Koninklijke DSM N.V.
9.4. MERCK & Co.
9.5. BASF Corp
9.6. Cargill, Inc

10. APPENDIX
10.1. About Us
10.2. Sources
10.3. Research Methodology
10.4. Contact Information

      

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FAQ's

The Global Inositol Market is estimated to generate USD 152.7 million in revenue in 2024

The Global Inositol Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.81% during the forecast period from 2024 to 2031.

By 2031, the Inositol Market is estimated to account for USD 242.1 million

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