Proanthocyanidins Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 6.20 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Proanthocyanidins Market Analysis
Global proanthocyanidins market is forecasted to grow at a CAGR of ~6.2% during the forecast period (2020-2025).
- The rise in consumer preferences for products which contain natural ingredients supported by rising demand for functional food & beverage products are some of the factors driving the growth of the proanthocyanidins market.
- Furthermore, increase in prevalence of lifestyle related diseases such as diabetes coupled with rising disposable incomes of people in developing countries, driving the demand for supplements containing proanthocyanidins owing to their substantial nutritional value and therapeutic benefits.
- Additionally, high investments by players operating in the market on developing proanthocyanidin products that cater to various applications such as healthcare, skincare etc., are anticipated to drive the market growth in the coming years.
Proanthocyanidins Market Trends
This section covers the major market trends shaping the Proanthocyanidins Market according to our research experts:
Surge in Demand for Dietary Supplements Derived from Natural Extracts
The global marketplace has witnessed a paradigm shift from curative practices to preventive management in healthcare, making it a prime growth factor for the market studied. Moreover, consumers are looking for a variety of dietary supplements for maintaining and enhancing the overall health and well-being. The healthcare cost is substantially high in emerging economies due to higher per-capita out-of-pocket spending on healthcare, amid the burden of communicable and non-communicable diseases. Such trends have prompted consumers to opt for dietary supplements. In addition, increasing awareness about the health and therapeutic benefits among consumers has enticed many companies to develop supplements derived from natural extracts such as proanthocyanidins driving the growth of the market.
North America Holds Significant Share in the Market
North America has experienced a significant rise in the percentage of ageing population which has increased the consumption of healthy food, and growing demand for pharmaceuticals are the major factors driving the market growth in the region. United States holds major share in the region owing to substantial increase in the demand for proanthocyanidins as dietary supplements. In addition, the increase in application of proanthocyanidins in pharmaceutical industry is anticipated to drive the market growth in the coming years owing to their anti-angiogenic, antimicrobial, and anticancer properties.
Proanthocyanidins Industry Overview
Global proanthocyanidins market is highly competitive with the presence of many global and regional players competing to gain market share. Artemis International, Botaniex, Inc., NATUREX SA, Indena S.p.A. etc., are some of the prominent players in the global market. Moreover, players operating in the market are investing in R&D to develop products with enhanced benefits fuelling proanthocyanidinsmarket growth.
Proanthocyanidins Market Leaders
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Artemis International
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Botaniex, Inc.
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NATUREX SA
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Indena S.p.A.
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NEXIRA
*Disclaimer: Major Players sorted in no particular order
Proanthocyanidins Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Source
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5.1.1 Cranberry
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5.1.2 Grape Seed
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5.1.3 Others
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5.2 By Application
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5.2.1 Food & Beverage
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5.2.2 Dietary Supplements
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5.2.3 Pharmaceuticals
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5.2.4 Personal care & cosmetics
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.1.4 Rest of North America
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5.3.2 Europe
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5.3.2.1 Spain
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5.3.2.2 United Kingdom
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5.3.2.3 Germany
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5.3.2.4 France
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5.3.2.5 Italy
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5.3.2.6 Russia
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5.3.2.7 Rest of Europe
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5.3.3 Asia Pacific
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5.3.3.1 China
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5.3.3.2 Japan
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5.3.3.3 India
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5.3.3.4 Australia
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5.3.3.5 Rest of Asia-Pacific
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle East and Africa
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5.3.5.1 South Africa
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5.3.5.2 Saudi Arabia
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5.3.5.3 Rest of Middle East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Artemis International
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6.4.2 Botaniex, Inc.
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6.4.3 NATUREX SA
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6.4.4 Indena S.p.A.
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6.4.5 NEXIRA
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6.4.6 EEVIA HEALTH OY
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6.4.7 Polyphenolics
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6.4.8 Xian Yuensun Biological Technology Co.,Ltd.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Proanthocyanidins Industry Segmentation
The global proanthocyanidins market is segmented by source into cranberry, grape seed, and others. By application, the scope includes food & beverage, dietary supplements, pharmaceuticals, and personal care & cosmetics. By geography, the scope includes North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
| By Source | |
| Cranberry | |
| Grape Seed | |
| Others |
| By Application | |
| Food & Beverage | |
| Dietary Supplements | |
| Pharmaceuticals | |
| Personal care & cosmetics |
| Geography | |||||||||
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Proanthocyanidins Market Research FAQs
What is the current Global Proanthocyanidins Market size?
The Global Proanthocyanidins Market is projected to register a CAGR of greater than 6.20% during the forecast period (2024-2029)
Who are the key players in Global Proanthocyanidins Market?
Artemis International, Botaniex, Inc., NATUREX SA, Indena S.p.A. and NEXIRA are the major companies operating in the Global Proanthocyanidins Market.
Which is the fastest growing region in Global Proanthocyanidins Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Proanthocyanidins Market?
In 2024, the North America accounts for the largest market share in Global Proanthocyanidins Market.
What years does this Global Proanthocyanidins Market cover?
The report covers the Global Proanthocyanidins Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Proanthocyanidins Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Global Proanthocyanidins Industry Report
Statistics for the 2024 Global Proanthocyanidins market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Proanthocyanidins analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
