The global demand for Proanthocyanidins 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.
Proanthocyanidins are compounds normally found in various fruit plants, mostly in berries like strawberry, bilberries, grape seeds, red and black grapes, and more like these. These compounds are beneficial for a person's health as it reduces the risk of cancer and makes the blood vessels and the heart healthier. They are extensively used in dietary supplements and pharmaceuticals for their rich content of antioxidants, which help regulate the blood pressure levels in a healthy way of the consumer.
Market Dynamics
The market for healthy dietary supplements and organic foods has been growing at a steady rate owing to the increasingly busy lifestyle of people and more awareness about the type of food they consume. This growth in demand has also boosted the market for proanthocyanidins. The ongoing Covid-19 outbreak has also made people more aware of consuming healthy and nutritious products, thereby boosting the market for proanthocyanidins. There is a rise in the spread of chronic diseases in developing countries, increasing investments in the research and development of more healthy foods and dietary supplements, which is one of the main drivers behind the growth of the market proanthocyanidins. The high cost of different nutritional supplements using proanthocyanidin is the only restraint that the market is facing and is expected to overcome soon with increased production and a more distributed supply market across the globe.
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 proanthocyanidins.
Market Segmentation
The entire proanthocyanidins market has been sub-categorized into end-user, source and distribution channel. 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 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
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for proanthocyanidins 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 Proanthocyanidins 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 proanthocyanidins market include 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. 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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