Phylloquinone Market

Phylloquinone is a naturally occurring pigment found in plants, such as eggplants. The manufacturing of phylloquinone and its derivatives is an essential step in manufacturing pharmaceuticals, food additives, and other industrial products.

The use of phylloquinone extends across multiple industries, including bakery products, confectionery, frozen foods, dairy products, meat products, etc. It has a wide range of applications in various foods due to its superior antioxidant properties, which aid in protecting the product from oxidative damage caused by oxygen radicals during processing or storage. It also has antimicrobial activity, which aids in the control of spoilage bacteria growth in food items.

The phylloquinone market is expected to grow at a CAGR of **% between 2018 and 2031. Consumers' increasing awareness of the benefits of phylloquinone and the growing popularity of Mediterranean cuisine, which is known to be high in phylloquinone content, are driving the market. In addition, new product launches and expansions of existing players are also helping the market.

The growth of the phylloquinone market is affected by several things, such as improvements in technology for making high-quality textiles and drinks, a greater focus on health among consumers, a rise in the demand for eco-friendly products, an increase in the popularity of healthy foods among consumers, a rise in the market for natural ingredients among food manufacturers, and so on.

Some of the key players in the market are Janssen Research & Development LLC., BASF SE, Sinopharm Chemical Analysis Technology Co., Ltd., and Naturex Corp.