According to the research report titled ‘Lignans Market Size By Source, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global lignans market is predicted to expand significantly during 2020-2026.
 

High inclination towards consuming healthy food products along with rising cognizance regarding the nutritional benefits of lignans are major factors augmenting the remuneration scale of this business sphere.
 

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For those uninitiated, lignans are type of phytonutrients which consist of soluble as well as insoluble fibers. The product not only aids in improving the immune system but also helps in balancing hormone levels. They balance the estrogen levels among women while improving the prostate health in men. It also prevents the occurrence of HSD enzyme in humans and animals, which then subsequently helps in reducing cortisol levels in the body.
 

Based on source type, plant resins segment held 8% market share in the year 2019 and is predicted to expand consistently during the forecast period.
 

The report states that estrogen related health diseases segment from pharmaceutical applications is expected to register a 5% CAGR between 2020 and 2026. Alternatively, cardiovascular disease segment accounted for 55% market share in the year 2019, which is estimated to showcase similar growth in the ensuing years. Plant lignans including vegetables, seeds, nuts, and whole grains are a rich source of nutrition which reduce the risk of acquiring cardiovascular diseases.
 

Further elaborating on the application landscape, the report claims that the hair care segment captured 28% share of cosmetics applications in the year 2019. Increasing utilization of lignans in hair care products since it helps in preventing hair loss is fueling the segmental share.
 

Meanwhile, the skin care segment is anticipated to showcase a y-o-y growth rate of 4% between 2020 and 2026. Lignans including flax seeds help in maintaining healthy skin, which in turn is bolstering the product demand.
 

Citing the regional scope, North America accounted for 20% market share in 2019. On the other hand, Latin America lignans industry is predicted to expand with a CAGR of 3.5% through 2026. Rising adoption of flax seeds owing to increasing health awareness is facilitating the business scenario in Latin America.
 

BioGin Hangzhou Excelente, FarmaSino Pharmaceuticals, Shaanxi Sinuote, Kingherbs Ltd., Shaanxi Zebrago Industrial, TSKG, and Natural Ingredient Bio-Resources Prairie Tide Diversified Inc. are the key players in global lignans market.