The global demand for Maritime Pine Extract Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2021 and foreseen to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Maritime pine extract has antioxidant and anti-inflammatory properties and has been studied to treat and prevent diabetes, diabetes-related health issues, and problems of the heart and blood vessels among many other uses. It is sold undertradename “pycnogenol”. Maritime pine extract can improve blood flow and might also stimulate the immune system, reduce swelling, prevent infections, and have antioxidant effects.
Market Dynamics
The growing interest in organic cosmetics will drive demand for maritime pine extract (Pycnogenol). Pycnogenol is very potent against several diseases. Evidence suggests that pycnogenol prevents and cures multiple skin dysfunctions. It has been strongly proven beneficial in reducing ageing by preventing free radical generations and helps in cell regeneration and replication. Its components are potent against skin cancers. Maritime pine extract is understudy to discover more potential uses. It is being studied under clinical trials for the following potential uses thrombosis, diabetes and its complications, asthma, attention deficit hyperactivity disorder (ADHD), gynaecology, osteoarthritis (OA), acute and postpartum haemorrhoids, and cognition. Other potential area of study includes erectile dysfunction, retinopathy, gingivitis, melasma, ultraviolet (UV) light-induced erythema, skin elasticity and hydration, muscle cramps and pain, postthrombotic syndrome, diabetic microangiopathy, metabolic syndrome, allergic rhinitis, common cold, psoriasis, chemotherapy/radiotherapy side effects, and tinnitus. Favourable results from studies will present opportunity for the market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of maritime pine extract.
Market Segmentation
The entire maritime pine extract market has been sub-categorized into product and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product
By Application
- Pharma & Healthcare
- Cosmetic & Skin Care
- Food & Feed Additives
- Other
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for maritime pine extract market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Maritime Pine Extract Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the maritime pine extract market include Source Naturals, Herblink Biotech, Xian Sost Biotech, NEW JAPAN FUNCTIONAL FOODS, Shanghai Freemen. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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