Global Proanthocyanidins Market, by Source (Cranberry, Grape Seed, and Pine Bark, Others), Application (Pharmaceuticals and Dietary Supplements, Personal Care and Cosmetics, and Functional Food and Beverages), Type (Type A and Type B), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Proanthocyanidins Market
The proanthocyanidins market is expected to be growing at a growth rate of 9.2% in the forecast period of 2021 to 2028. The growing developments made in the dietary supplement industry will act as a driving factor to the growth of the proanthocyanidins market.
Proanthocyanidins are a class of flavonoids that are present in several food plants like red grapes, black grapes, grape seeds, red wine, bilberries, strawberries, blueberries, red cabbage, apple peel, and pine bark. It provides numerous health advantages such as it reduces the risk of cancer and have a useful effect on heart health and blood vessels. Additionally, they provide high antioxidant activity and benefit to maintain healthy blood pressure levels. Therefore, they have been broadly utilized in the pharmaceuticals and dietary supplements. Proanthocyanidins provide several nutrients such as linoleic acid, vitamins P and E, and resveratrol, which also have anti-aging features.
Major factors that are expected to boost the growth of the proanthocyanidins market in the forecast period are the several health and therapeutic advantages accessible by proanthocyanidins, the increasing need for dietary supplements, functional food and beverage products and the growing implementations in the personal care and cosmetic industries. Furthermore, the escalating need for proanthocyanidin rich food products in a number of advancing and established countries, the increase in the customer consciousness regarding the health and nutritional benefits of proanthocyanidins as supplements and the growing of the disposable incomes of people in the advancing nations are few of the factors further anticipated to propel the growth of the proanthocyanidins market in the timeline period.
On the other hand, the increase in the price of proanthocyanidins is further estimated to obstruct the growth of the proanthocyanidins market throughout the forecast period. In addition, the research and development activities to classify new sources of proanthocyanidins and the upsurge in the initiations of functional products containing proanthocyanidins will further offer potential opportunities for the growth of the proanthocyanidins market in the coming years. However, the obtainability of substitutes might further challenge the growth of the proanthocyanidins market in the near future.
This proanthocyanidins market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the proanthocyanidins market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Proanthocyanidins Market Scope and Market Size
The proanthocyanidins market is segmented on the basis of source, application, and type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the proanthocyanidins market is segmented into cranberry, grape seed, and pine bark and others. Others is further sub segmented into bilberry, blueberry, and horse chestnut.
- On the basis of application, the proanthocyanidins market is segmented into pharmaceuticals and dietary supplements, personal care and cosmetics, and functional food and beverages.
- On the basis of type, the proanthocyanidins market is segmented into type A and type B.
Proanthocyanidins Market Country Level Analysis
The proanthocyanidins market is analysed and market size, volume information is provided by country, source, application, and type as referenced above.
The countries covered in the proanthocyanidins market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the proanthocyanidins market due to the extensive utilization of the products because of its antiangiogenic, antimicrobial, and anticancer properties. Furthermore, the condensed tannins do not have severe side effects on the embryological growth in pregnant women and reduce the risk of cancer even at high dosage which will further boost the growth of the proanthocyanidins market during the forecast period. Asia Pacific is projected to observe significant amount of growth in the proanthocyanidins market due to the growing demand supported by escalation customer consciousness regarding the nutritional advantages of dietary supplements.
The country section of the proanthocyanidins market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Proanthocyanidins Market Share Analysis
The proanthocyanidins market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to proanthocyanidins market.
The major players covered in the proanthocyanidins market report are Naturex, Nexira SAS, Fruit d'Or, Scott Laboratories, Xian Yuensun Biological Technology Co.,Ltd, EEVIA HEALTH OY, Botaniex, Inc., INDOFINE Chemical Company, Inc., Artemis International, GREEN & PURE ORGANIC BEAUTY, Skin Actives Scientific LLC, NOW Foods, IntechOpen., Walgreen Co., ETHICAL NATURALS, INC, Oy Bacca Ab, Natural Sourcing, LLC., greenherbbt.com.,Indena SPASwanson Health Products Inc.,Ocean Spray Cranberries Inc., Bio Botanica Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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