Global Equols Sales Market Report, Competitive Analysis and Regional Opportunities 2026-2032

Description

List of Tables

Equols (S-equol / equol) has evolved from a "single active" concept into an industrialized ingredient-and-delivery ecosystem, where commercial success is driven by purity tiering and dosage-form engineering rather than academic differentiation. In practice, Equols demand is anchored in women's health and functional wellness, and the key buying criteria are consistent assay (>=99% vs <99%), batch-to-batch reproducibility, and scalable conversion/formulation capabilities (Tablet vs Capsule). In select jurisdictions, litigation outcomes can effectively restrict the sale of specific equol-related products, making freedom-to-operate and compliant commercialization an integral part of the business model.

Market expansion is increasingly value-led, with pricing and mix upgrades outpacing pure volume growth. Global sales rose from 5,526 kg in 2021 to 6,758 kg in 2026E, while revenue increased from USD 8.69m to USD 12.95m over the same period. In 2025, the market delivered 6,357 kg and USD 10.88m, implying an average price of ~USD 1,711/kg. Over 2026-2032F, revenue CAGR is ~8.7% versus volume CAGR of ~5.1%, indicating that Equols monetization is structurally supported by premiumization and formulation upgrades.

Supplier structure is concentrated and increasingly stratified by price band. In 2025, the Top 5 producers (Daicel, Ningbo Inno Pharmchem, Shenghe Everything (Shanghai) Biotechnology, Wuhan Finetech Industry, Shanghai Banglin Biotechnology) captured ~60.8% of volume and ~74.8% of revenue. Daicel alone accounted for ~33.8% of volume but ~58.5% of revenue, reflecting a pronounced premium position. Regionally, production is dominated by Japan and China (~75% combined share in 2025), while demand is centered in Asia-Pacific (~57% share). By category, >=99% products represent ~69.9% of 2025 volume and ~74.1% of revenue; by application, Tablets remain the base (~68.3% volume share) but Capsules are growing faster and carry a higher price per kg, reshaping the value pool for Equols.

The global Equols market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Equols market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2021-2032.

Market Segmentation

By Company

Daicel
Anthem Biosciences
Ningbo Inno Pharmchem
Shenghe Everything (Shanghai) Biotechnology
Wuhan Finetech Industry
Hubei Xinmingtai Chemical
Shanghai Banglin Biotechnology

Segment by Type

>=99%
<99%

Segment by Application

Tablet
Capsule

Major Region and Country

North America
Europe
China
Japan
Other Regions

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Sales and revenue of Equols in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region.

Chapter 3: Detailed analysis of Equols manufacturers competitive landscape, sales, revenue, price, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the sales, revenue, price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the sales, revenue, price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Region anaylsis by company, by Type, by Application, sales, revenue, and price for each segment, and by customer

Chapter 7: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Equols revenue, gross margin, and recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Sales channels analysis

Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 11: The main points and conclusions of the report.

1 Market Overview

1.1 Equols Product Scope
1.2 Equols by Type
- 1.2.1 Global Equols Sales by Type (2021 & 2025 & 2032)
- 1.2.2 >=99%
- 1.2.3 <99%
1.3 Equols by Application
- 1.3.1 Global Equols Sales Comparison by Application (2021 & 2025 & 2032)
- 1.3.2 Tablet
- 1.3.3 Capsule
1.4 Global Equols Market Estimates and Forecasts (2021-2032)
- 1.4.1 Global Equols Market Size in Value Growth Rate (2021-2032)
- 1.4.2 Global Equols Market Size in Volume Growth Rate (2021-2032)
- 1.4.3 Global Equols Price Trends (2021-2032)
1.5 Assumptions and Limitations

2 Market Size and Prospective by Region

2.1 Global Equols Market Size by Region: 2021 VS 2025 VS 2032
2.2 Global Equols Retrospective Market Scenario by Region (2021-2026)
- 2.2.1 Global Equols Sales Market Share by Region (2021-2026)
- 2.2.2 Global Equols Revenue Market Share by Region (2021-2026)
2.3 Global Equols Market Estimates and Forecasts by Region (2027-2032)
- 2.3.1 Global Equols Sales Estimates and Forecasts by Region (2027-2032)
- 2.3.2 Global Equols Revenue Forecast by Region (2027-2032)
2.4 Major Region and Emerging Market Analysis
- 2.4.1 North America Equols Market Size and Prospective (2021-2032)
- 2.4.2 Europe Equols Market Size and Prospective (2021-2032)
- 2.4.3 China Equols Market Size and Prospective (2021-2032)
- 2.4.4 Japan Equols Market Size and Prospective (2021-2032)
- 2.4.5 India Equols Market Size and Prospective (2021-2032)

3 Global Market Size by Type

3.1 Global Equols Historic Market Review by Type (2021-2026)
- 3.1.1 Global Equols Sales by Type (2021-2026)
- 3.1.2 Global Equols Revenue by Type (2021-2026)
- 3.1.3 Global Equols Price by Type (2021-2026)
3.2 Global Equols Market Estimates and Forecasts by Type (2027-2032)
- 3.2.1 Global Equols Sales Forecast by Type (2027-2032)
- 3.2.2 Global Equols Revenue Forecast by Type (2027-2032)
- 3.2.3 Global Equols Price Forecast by Type (2027-2032)

4 Global Market Size by Application

4.1 Global Equols Historic Market Review by Application (2021-2026)
- 4.1.1 Global Equols Sales by Application (2021-2026)
- 4.1.2 Global Equols Revenue by Application (2021-2026)
- 4.1.3 Global Equols Price by Application (2021-2026)
4.2 Global Equols Market Estimates and Forecasts by Application (2027-2032)
- 4.2.1 Global Equols Sales Forecast by Application (2027-2032)
- 4.2.2 Global Equols Revenue Forecast by Application (2027-2032)
- 4.2.3 Global Equols Price Forecast by Application (2027-2032)
4.3 New Sources of Growth in Equols Application

5 Competition Landscape by Players

5.1 Global Equols Sales by Players (2021-2026)
5.2 Global Top Equols Players by Revenue (2021-2026)
5.3 Global Equols Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Equols as of 2025)
5.4 Global Equols Average Price by Company (2021-2026)
5.5 Global Key Manufacturers of Equols, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Equols, Product Type & Application
5.7 Global Key Manufacturers of Equols Founded Date

6 Region Analysis

6.1 China Market: Players, Segments, Downstream and Major Customers
- 6.1.1 China Equols Sales by Company
- 6.1.2 China Equols Sales Breakdown by Type (2021-2026)
- 6.1.3 China Equols Sales Breakdown by Application (2021-2026)
- 6.1.4 China Equols Major Customer
- 6.1.5 China Market Trend and Opportunities
6.2 Japan Market: Players, Segments, Downstream and Major Customers
- 6.2.1 Japan Equols Sales by Company
- 6.2.2 Japan Equols Sales Breakdown by Type (2021-2026)
- 6.2.3 Japan Equols Sales Breakdown by Application (2021-2026)
- 6.2.4 Japan Equols Major Customer
- 6.2.5 Japan Market Trend and Opportunities
6.3 India Market: Players, Segments, Downstream and Major Customers
- 6.3.1 India Equols Sales by Company
- 6.3.2 India Equols Sales Breakdown by Type (2021-2026)
- 6.3.3 India Equols Sales Breakdown by Application (2021-2026)
- 6.3.4 India Equols Major Customer
- 6.3.5 India Market Trend and Opportunities

7 Company Profiles and Key Figures

7.1 Daicel Corporation
- 7.1.1 Daicel Corporation Company Information
- 7.1.2 Daicel Corporation Business Overview
- 7.1.3 Daicel Corporation Equols Sales, Revenue and Gross Margin (2021-2026)
- 7.1.4 Daicel Corporation Equols Products Offered
- 7.1.5 Daicel Corporation Recent Development
7.2 Anthem Biosciences Private Limited.
- 7.2.1 Anthem Biosciences Private Limited. Company Information
- 7.2.2 Anthem Biosciences Private Limited. Business Overview
- 7.2.3 Anthem Biosciences Private Limited. Equols Sales, Revenue and Gross Margin (2021-2026)
- 7.2.4 Anthem Biosciences Private Limited. Equols Products Offered
7.3 Ningbo Inno Pharmchem
- 7.3.1 Ningbo Inno Pharmchem Company Information
- 7.3.2 Ningbo Inno Pharmchem Business Overview
- 7.3.3 Ningbo Inno Pharmchem Equols Sales, Revenue and Gross Margin (2021-2026)
- 7.3.4 Ningbo Inno Pharmchem Equols Products Offered
7.4 Shenghe Everything (Shanghai) Biotechnology
- 7.4.1 Shenghe Everything (Shanghai) Biotechnology Company Information
- 7.4.2 Shenghe Everything (Shanghai) Biotechnology Business Overview
- 7.4.3 Shenghe Everything (Shanghai) Biotechnology Equols Sales, Revenue and Gross Margin (2021-2026)
- 7.4.4 Shenghe Everything (Shanghai) Biotechnology Equols Products Offered
7.5 Wuhan Finetech Industry
- 7.5.1 Wuhan Finetech Industry Company Information
- 7.5.2 Wuhan Finetech Industry Business Overview
- 7.5.3 Wuhan Finetech Industry Equols Sales, Revenue and Gross Margin (2021-2026)
- 7.5.4 Wuhan Finetech Industry Equols Products Offered
7.6 Hubei Xinmingtai Chemical
- 7.6.1 Hubei Xinmingtai Chemical Company Information
- 7.6.2 Hubei Xinmingtai Chemical Business Overview
- 7.6.3 Hubei Xinmingtai Chemical Equols Sales, Revenue and Gross Margin (2021-2026)
- 7.6.4 Hubei Xinmingtai Chemical Equols Products Offered
7.7 Shanghai Banglin Biotechnology
- 7.7.1 Shanghai Banglin Biotechnology Company Information
- 7.7.2 Shanghai Banglin Biotechnology Business Overview
- 7.7.3 Shanghai Banglin Biotechnology Equols Sales, Revenue and Gross Margin (2021-2026)
- 7.7.4 Shanghai Banglin Biotechnology Equols Products Offered

8 Equols Manufacturing Cost Analysis

8.1 Equols Key Raw Materials Analysis
- 8.1.1 Key Raw Materials
- 8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Equols
8.4 Equols Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers

9.1 Marketing Channel
9.2 Equols Distributors List
9.3 Equols Customers
- 9.3.1 OTSUKA Phamaceutical Co.Ltd.

10 Equols Market Dynamics

10.1 Equols Industry Trends
10.2 Equols Market Drivers
10.3 Equols Market Challenges
10.4 Equols Market Restraints

11 Research Findings and Conclusion

12 Appendix

12.1 Research Methodology
- 12.1.1 Methodology/Research Approach
- 12.1.2 Data Source
12.2 Author Details
12.3 Disclaimer

Table 1. Global Equols Sales (US$ Million) Growth Rate by Type (2021 & 2025 & 2032)
Table 2. Global Equols Sales (US$ Million) Comparison by Application (2021 & 2025 & 2032)
Table 3. Global Market Equols Market Size (US$ Million) by Region:2021 VS 2025 VS 2032
Table 4. Global Equols Sales (kg) by Region (2021-2026)
Table 5. Global Equols Sales Market Share by Region (2021-2026)
Table 6. Global Equols Revenue (US$ Million) Market Share by Region (2021-2026)
Table 7. Global Equols Revenue Share by Region (2021-2026)
Table 8. Global Equols Sales (kg) Forecast by Region (2027-2032)
Table 9. Global Equols Sales Market Share Forecast by Region (2027-2032)
Table 10. Global Equols Revenue (US$ Million) Forecast by Region (2027-2032)
Table 11. Global Equols Revenue Share Forecast by Region (2027-2032)
Table 12. Global Equols Sales by Type (kg) & (2021-2026)
Table 13. Global Equols Sales Share by Type (2021-2026)
Table 14. Global Equols Revenue by Type (US$ Million) & (2021-2026)
Table 15. Global Equols Price by Type (USD/kg) & (2021-2026)
Table 16. Global Equols Sales by Type (kg) & (2027-2032)
Table 17. Global Equols Revenue by Type (US$ Million) & (2027-2032)
Table 18. Global Equols Price by Type (USD/kg) & (2027-2032)
Table 19. Global Equols Sales by Application (kg) & (2021-2026)
Table 20. Global Equols Sales Share by Application (2021-2026)
Table 21. Global Equols Revenue by Application (US$ Million) & (2021-2026)
Table 22. Global Equols Price by Application (USD/kg) & (2021-2026)
Table 23. Global Equols Sales by Application (kg) & (2027-2032)
Table 24. Global Equols Revenue Market Share by Application (US$ Million) & (2027-2032)
Table 25. Global Equols Price by Application (USD/kg) & (2027-2032)
Table 26. Global Equols Sales by Company (kg) & (2021-2026)
Table 27. Global Equols Sales Share by Company (2021-2026)
Table 28. Global Equols Revenue by Company (US$ Million) & (2021-2026)
Table 29. Global Equols Revenue Share by Company (2021-2026)
Table 30. Global Equols by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Equols as of 2025)
Table 31. Global Market Equols Average Price by Company (USD/kg) & (2021-2026)
Table 32. Global Key Manufacturers of Equols, Manufacturing Sites & Headquarters
Table 33. Global Key Manufacturers of Equols, Product Type & Application
Table 34. Global Key Manufacturers of Equols Founded Date
Table 35. China Equols Sales by Company (2021-2026) & (kg)
Table 36. China Equols Sales Market Share by Company (2021-2026)
Table 37. China Equols Sales by Type (2021-2026) & (kg)
Table 38. China Equols Sales Market Share by Type (2021-2026)
Table 39. China Equols Sales by Application (2021-2026) & (kg)
Table 40. China Equols Sales Market Share by Application (2021-2026)
Table 41. Japan Equols Sales by Company (2021-2026) & (kg)
Table 42. Japan Equols Sales Market Share by Company (2021-2026)
Table 43. Japan Equols Sales by Type (2021-2026) & (kg)
Table 44. Japan Equols Sales Market Share by Type (2021-2026)
Table 45. Japan Equols Sales by Application (2021-2026) & (kg)
Table 46. Japan Equols Sales Market Share by Application (2021-2026)
Table 47. India Equols Sales by Company (2021-2026) & (kg)
Table 48. India Equols Sales Market Share by Company (2021-2026)
Table 49. India Equols Sales by Type (2021-2026) & (kg)
Table 50. India Equols Sales Market Share by Type (2021-2026)
Table 51. India Equols Sales by Application (2021-2026) & (kg)
Table 52. India Equols Sales Market Share by Application (2021-2026)
Table 53. Daicel Corporation Company Information
Table 54. Daicel Corporation Description and Business Overview
Table 55. Daicel Corporation Equols Sales (kg), Revenue (US$ Million), Price (USD/kg) and Gross Margin (2021-2026)
Table 56. Daicel Corporation Equols Product
Table 57. Daicel Corporation Recent Development
Table 58. Anthem Biosciences Private Limited. Company Information
Table 59. Anthem Biosciences Private Limited. Description and Business Overview
Table 60. Anthem Biosciences Private Limited. Equols Sales (kg), Revenue (US$ Million), Price (USD/kg) and Gross Margin (2021-2026)
Table 61. Anthem Biosciences Private Limited. Equols Product
Table 62. Ningbo Inno Pharmchem Company Information
Table 63. Ningbo Inno Pharmchem Description and Business Overview
Table 64. Ningbo Inno Pharmchem Equols Sales (kg), Revenue (US$ Million), Price (USD/kg) and Gross Margin (2021-2026)
Table 65. Ningbo Inno Pharmchem Equols Product
Table 66. Shenghe Everything (Shanghai) Biotechnology Company Information
Table 67. Shenghe Everything (Shanghai) Biotechnology Description and Business Overview
Table 68. Shenghe Everything (Shanghai) Biotechnology Equols Sales (kg), Revenue (US$ Million), Price (USD/kg) and Gross Margin (2021-2026)
Table 69. Shenghe Everything (Shanghai) Biotechnology Equols Product
Table 70. Wuhan Finetech Industry Company Information
Table 71. Wuhan Finetech Industry Description and Business Overview
Table 72. Wuhan Finetech Industry Equols Sales (kg), Revenue (US$ Million), Price (USD/kg) and Gross Margin (2021-2026)
Table 73. Wuhan Finetech Industry Equols Product
Table 74. Hubei Xinmingtai Chemical Company Information
Table 75. Hubei Xinmingtai Chemical Description and Business Overview
Table 76. Hubei Xinmingtai Chemical Equols Sales (kg), Revenue (US$ Million), Price (USD/kg) and Gross Margin (2021-2026)
Table 77. Hubei Xinmingtai Chemical Equols Product
Table 78. Shanghai Banglin Biotechnology Company Information
Table 79. Shanghai Banglin Biotechnology Description and Business Overview
Table 80. Shanghai Banglin Biotechnology Equols Sales (kg), Revenue (US$ Million), Price (USD/kg) and Gross Margin (2021-2026)
Table 81. Shanghai Banglin Biotechnology Equols Product
Table 82. Key Suppliers of Raw Materials
Table 83. Equols Distributors List
Table 84. Equols Customers List
Table 85. OTSUKA Phamaceutical Co.Ltd. Company Information
Table 86. OTSUKA Phamaceutical Co.Ltd. Description and Business Overview
Table 87. OTSUKA Phamaceutical Co.Ltd. Equols Product
Table 88. Equols Market Trends
Table 89. Equols Market Drivers
Table 90. Equols Market Challenges
Table 91. Equols Market Restraints
Table 92. Research Programs/Design for This Report
Table 93. Key Data Information from Secondary Sources
Table 94. Key Data Information from Primary Sources

List of Figures

Figure 1. Equols Product Picture
Figure 2. Global Equols Sales (US$ Million) by Type (2021 & 2025 & 2032)
Figure 3. Global Equols Sales Market Share by Type in 2025 & 2032
Figure 4. Global Equols Sales (US$ Million) by Application (2021 & 2025 & 2032)
Figure 5. Global Equols Sales Market Share by Application in 2025 & 2032
Figure 6. Tablet Examples
Figure 7. Capsule Examples
Figure 8. Global Equols Sales, (US$ Million), 2021 VS 2026 VS 2032
Figure 9. Global Equols Sales Growth Rate (2021-2032) & (US$ Million)
Figure 10. Global Equols Sales (kg) Growth Rate (2021-2032)
Figure 11. Global Equols Price Trends Growth Rate (2021-2032) & (USD/kg)
Figure 12. Equols Report Years Considered
Figure 13. Global Market Equols Market Size (US$ Million) by Region:2021 VS 2025 VS 2032
Figure 14. Global Equols Revenue Market Share by Region: 2021 VS 2025
Figure 15. North America Equols Revenue (US$ Million) Growth Rate (2021-2032)
Figure 16. North America Equols Sales (kg) Growth Rate (2021-2032)
Figure 17. Europe Equols Revenue (US$ Million) Growth Rate (2021-2032)
Figure 18. Europe Equols Sales (kg) Growth Rate (2021-2032)
Figure 19. China Equols Revenue (US$ Million) Growth Rate (2021-2032)
Figure 20. China Equols Sales (kg) Growth Rate (2021-2032)
Figure 21. Japan Equols Revenue (US$ Million) Growth Rate (2021-2032)
Figure 22. Japan Equols Sales (kg) Growth Rate (2021-2032)
Figure 23. India Equols Revenue (US$ Million) Growth Rate (2021-2032)
Figure 24. India Equols Sales (kg) Growth Rate (2021-2032)
Figure 25. Global Equols Revenue Share by Type (2021-2026)
Figure 26. Global Equols Sales Share by Type (2027-2032)
Figure 27. Global Equols Revenue Share by Type (2027-2032)
Figure 28. Global Equols Revenue Share by Application (2021-2026)
Figure 29. Global Equols Revenue Market Share by Application in 2021 & 2025
Figure 30. Global Equols Sales Share by Application (2027-2032)
Figure 31. Global Equols Revenue Share by Application (2027-2032)
Figure 32. Global Equols Sales Share by Company (2025)
Figure 33. Global Equols Revenue Share by Company (2025)
Figure 34. Global 5 Largest Equols Players Market Share by Revenue in Equols: 2021 & 2025
Figure 35. Equols Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025
Figure 36. Manufacturing Cost Structure of Equols
Figure 37. Equols Industrial Chain
Figure 38. Distributors Profiles
Figure 39. Bottom-up and Top-down Approaches for This Report
Figure 40. Data Triangulation
Figure 41. Key Executives Interviewed