QYResearch: The global phloretin production value will increase to 6631 K USD in 2022

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Phloretin is a dihydrochalcone, a type of natural phenols. It can be found in the roots and peels of juicy fruits like apple and pear. Phloretin is widely used as antioxidant and moisturizing factor in cosmetics. Phloretin can also be used in food industry and pharmaceutical industry.

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QYResearch According to QYResearch, In 2015, the world production of phloretin reached 11173 kg. Globally, phloretin producers are concentrated in China. Though derived from developed countries in early days, China manufacturers gasped the market of phloretin soon and dominated the world supply of phloretin in later years. In 2015, China has taken 85.85% of world phloretin production. Leading players in China are Golden Health Technology and Xian Lyphar Biotech, with a tail of other producers.

The demand of phloretin is concentrated in developed areas like North America and EU. In 2015, the consumption of phloretin in North America was 36.19%, ahead of other regions. Two manufacturing processes of phloretin: direct extraction method and semi-synthesis method are adopted by manufacturers.

Phloretin produced through direct extract process is directly derived from apple fruit or apple peel, while phloretin produced through semi-synthesis method is derived from naringin, which has to be hydrogenated before produced as phloretin. Until now, direct extract process is the major process to produce phloretin. qyresearchglobal.com

QYResearch The largest consumption area of phloretin is personal care.

Skinceuticals and Cosmetic Skin Solutions consume large amount of phloretin to producer antiaging essence. Phloretin can be used as edulcorant to inhibit the bitter and other uncomfortable taste in food by blends of other sweeteners NHDC or trilobatin.

Phloretin can mask the unpleasant aftertaste of other sweetener. In 2015, personal care took the leading share of global phloretin consumption, with the share of 81.96%.

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QYResearch The global phloretin production value will increase to 6631 K USD in 2022, from 4520 K USD in 2015, it is estimated that the global phloretin demand will develop with an average growth rate of around 3-5% in the coming five years.

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