Global Proanthocyanidins Market is valued approximately USD 127.16 million in 2021and is anticipated to grow with a healthy growth rate of more than 5.7% over the forecast period 2022-2029. Proanthocyanidins are a type of flavonoids that are widely utilized as antioxidants in several applications of functional food & beverage, pharmaceutical, dietary supplement, sports nutrition, personal care, and cosmetics industries. The Proanthocyanidins market is expanding because of factors such as rising demand for dietary supplements and functional food and growing applications in the personal care and cosmetic industries
Extraction of proanthocyanidins through grape seeds has raised as its utilization in nutraceuticals industry. Its prevalence has progressively increased during the last few decades. According to the Statista, by 2028, the dietary supplements market is projected to generate around 308 billion U.S. dollars worldwide. Furthermore, in 2019, the worldwide functional food market had an estimated size of around 178 billion U.S. dollars. Among other products, this covers vitamins and minerals, proteins, amino acids, probiotics, prebiotics, and dietary fibers. In 2027, the market size is expected to reach around 268 billion U.S. dollars. Another important component driving space increasing applications in the personal care and cosmetic industries. The Beauty & Personal Care market revenue were expected to reach USD 571.10 billion in 2023. In addition, market is expected to grow annually by 3.80% in between 2023 to 2027. The market's largest segment is Personal Care with a market volume of USD 253.30 billion in 2023. meanwhile, in 2022 most of the revenue is generated in the United States USD 91.41 billion. However; the high cost of Proanthocyanidins stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Proanthocyanidins Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing ageing population and growing consumption of healthy food, increasing demand for pharmaceuticals. Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, geographic expansion of key players, and active participation of government organizations in the market space.
Major market players included in this report are:
- Naturex
- Indena Spa
- Nexira
- Fruit D'or
- Scott Laboratories Inc
- Polyphenolics
- Xi'an Yuenun Biological Technology Co Ltd
- Natac Group
- Eevia Health
- Botaniex Inc
Recent Developments in the Market:
- In June 2022, Natac group acquired INOREAL significantly expanding Natac's presence in the saffron extracts market. Their objective is to grant the nutraceutical, pharmaceutical, food, animal nutrition, and cosmetic industries access to premium, value-added bioactive ingredients, and ultimately, to improve the health and well-being of consumers through the products of our clients.
Global Proanthocyanidins Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Source, Form, Sales Channel, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Source
By Form
By Sales Channel
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Proanthocyanidins Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Proanthocyanidins Market, by Source,2019-2029 (USD Million)
- 1.2.3. Proanthocyanidins Market, by Form, 2019-2029 (USD Million)
- 1.2.4. Proanthocyanidins Market, by Sales Channel, 2019-2029 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Proanthocyanidins Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Proanthocyanidins Market Dynamics
- 3.1. Proanthocyanidins Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing demand for dietary supplements and functional food
- 3.1.1.2. Growing applications in the personal care and cosmetic industries
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Proanthocyanidins
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing health awareness
Chapter 4. Global Proanthocyanidins Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Proanthocyanidins Market, by Source
- 6.1. Market Snapshot
- 6.2. Global Proanthocyanidins Market by Source, Performance - Potential Analysis
- 6.3. Global Proanthocyanidins Market Estimates & Forecasts by Source2019-2029 (USD Million)
- 6.4. Proanthocyanidins Market, Sub Segment Analysis
- 6.4.1. Berries
- 6.4.2. Grapes
- 6.4.3. Others
Chapter 7. Global Proanthocyanidins Market, by Form
- 7.1. Market Snapshot
- 7.2. Global Proanthocyanidins Market by Form, Performance - Potential Analysis
- 7.3. Global Proanthocyanidins Market Estimates & Forecasts by Form2019-2029 (USD Million)
- 7.4. Proanthocyanidins Market, Sub Segment Analysis
- 7.4.1. Powder
- 7.4.2. Tablet
Chapter 8. Global Proanthocyanidins Market, by Sales Channel
- 8.1. Market Snapshot
- 8.2. Global Proanthocyanidins Market by Sales Channel, Performance - Potential Analysis
- 8.3. Global Proanthocyanidins Market Estimates & Forecasts by Sales Channel 2019-2029 (USD Million)
- 8.4. Proanthocyanidins Market, Sub Segment Analysis
- 8.4.1. Offline
- 8.4.2. Online
Chapter 9. Global Proanthocyanidins Market, Regional Analysis
- 9.1. Proanthocyanidins Market, Regional Market Snapshot
- 9.2. North America Proanthocyanidins Market
- 9.2.1. U.S. Proanthocyanidins Market
- 9.2.1.1. Source breakdown estimates & forecasts, 2019-2029
- 9.2.1.2. Form breakdown estimates & forecasts, 2019-2029
- 9.2.1.3. Sales Channel breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Proanthocyanidins Market
- 9.3. Europe Proanthocyanidins Market Snapshot
- 9.3.1. U.K. Proanthocyanidins Market
- 9.3.2. Germany Proanthocyanidins Market
- 9.3.3. France Proanthocyanidins Market
- 9.3.4. Spain Proanthocyanidins Market
- 9.3.5. Italy Proanthocyanidins Market
- 9.3.6. Rest of Europe Proanthocyanidins Market
- 9.4. Asia-Pacific Proanthocyanidins Market Snapshot
- 9.4.1. China Proanthocyanidins Market
- 9.4.2. India Proanthocyanidins Market
- 9.4.3. Japan Proanthocyanidins Market
- 9.4.4. Australia Proanthocyanidins Market
- 9.4.5. South Korea Proanthocyanidins Market
- 9.4.6. Rest of Asia Pacific Proanthocyanidins Market
- 9.5. Latin America Proanthocyanidins Market Snapshot
- 9.5.1. Brazil Proanthocyanidins Market
- 9.5.2. Mexico Proanthocyanidins Market
- 9.5.3. Rest of Latin America Proanthocyanidins Market
- 9.6. Rest of The World Proanthocyanidins Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Naturex
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Indena Spa
- 10.2.3. Nexira
- 10.2.4. Fruit D'or
- 10.2.5. Scott Laboratories Inc
- 10.2.6. Polyphenolics
- 10.2.7. Xi'an Yuenun Biological Technology Co Ltd
- 10.2.8. Natac Group
- 10.2.9. Eevia Health
- 10.2.10. Botaniex Inc
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption