Proanthocyanidins Market Expected to Outshine to USD 274.2 MN BY 2026
Posted On June 23, 2020
The Global Proanthocyanidins Market value is expected to grow by an impressive 5.5% of CAGR during the forecast period of 2020 to 2026. The market was valued approximately at USD 188.5 MN in 2019 and can grow to USD 274.2 MN by 2026 as per the report by Value Market Research. The global proanthocyanidins market is experiencing surge as the preference for the products with natural ingredients is rising. The key factors that are driving the global market include the broad range of health advantages offered by proanthocyanidins and growing usage in the personal care and cosmetics sector. Furthermore, the upsurge in demand for functional food products and dietary supplements is boosting the market. The key players in the market are focusing on the development of innovative products using proanthocyanidins. This factor is further enhancing the global market. During the worldwide pandemic COVID-19, the market is figured to prosper owing to the health benefits offered by Proanthocyanidins.
Proanthocyanidins are the chemical compounds from the group polyphenols. These plant pigments give colour to the fruits and flowers. Proanthocyanidins belong to subclass flavonoids. These flavonoids offered a variety of health benefits, including the prevention of cancer and delayed aging. The food sources rich in proanthocyanidins include strawberries, black grapes, cranberries, blueberries, and others.
The geographical and segmentation study covered in the report "Global Proanthocyanidins Market Report By End-User (Food and Beverage, Dietary Supplement, Personal Care & Cosmetics, Others), By Source (Pine Bark, Grape Seed, Berries, Other), By Distribution Channel (Drug and Pharmacy Stores, Convenience Stores, Modern Trade, Online Retail) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2019-2026" helps in understanding the upcoming trends of the market. The market drivers responsible for pushing the market growth are discussed in length in the report. The proanthocyanidins market opportunities are useful to identify the profit canters and take the strategic decision accordingly.
On the basis of end-user the proanthocyanidins market is segmented into food and beverage, dietary supplement, personal care & cosmetics, others. By source the market is segmented into pine bark, grape seed, berries, other. On the basis of distribution channel the proanthocyanidins market is segmented into drug and pharmacy stores, convenience stores, modern trade and online retail.
North America, Europe, Latin America and Middle East & Africa are deeply researched in the report.
The Report Segments Global Proanthocyanidins Market -
- Food and Beverage
- Dietary Supplement
- Personal Care & Cosmetics
- Pine Bark
- Grape Seed
By Distribution Channel
- Drug and pharmacy stores
- Convenience Stores
- Modern Trade
- Online Retail
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Bio Botanica, Inc., IL Health & Beauty Natural Oils Co., Inc., Atrium Innovations Inc., NOW Health Group, Inc., Ocean Spray Cranberries, Swanson Health Products, Inc., BYK Additives & Instruments, Others.
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