Proanthocyanidins Market

Global Proanthocyanidins Market: Overview

The manufacturers and players working in the landscape of the global proanthocyanidins market can be classified based on their source into segments such as grape seed, pine bark, bilberry, cranberry, Horse chestnut, and blueberry, among others. The cranberry sourced products in the global proanthocyanidins market feature high demand from healthcare and functional food industries, owing to various health benefits offered by these products. Some of the major and significant applications for the products and solutions in the global proanthocyanidins market include functional food and beverages, cosmetics and personal care, and dietary supplements and pharmaceuticals. The products in the global proanthocyanidins market are also segmented into Type A products as well as Type B products.

The increasing pool of global geriatric population is fueling the demand within the global proanthocyanidins market from the nutritional food and beverages industry. Additionally, the increasing demand from pharmaceuticals as well as dietary supplements is also helping the growth within the global proanthocyanidins market in coming years. The professional survey study carefully evaluates the landscape of the global proanthocyanidins market in order to examine the future trajectory of the industry. It also evaluates the contemporary trends that influence the growth in the global proanthocyanidins market. The research report also examines the drivers as well as restraints that may influence the development of the global proanthocyanidins market over the forecast period of 2021 to 2031.

Global Proanthocyanidins Market: Major Trends and Drivers

The rising preference for the products and solutions that consist of natural and organic ingredients amongst the global customers is one of the major drivers propelling the growth in the global proanthocyanidins market. Some other significant driving factors for the products and solutions offered by the manufacturers and vendors in the global proanthocyanidins market include the increase in the demand for unique and advanced functional food and beverage products as well as the rising applications of the proanthocyanidins products in the cosmetics as well as personal care industries.

Furthermore, the increasing efforts by the manufacturers and players working in the global proanthocyanidins market to develop novel products that can be applied in diverse set of end use industries, such as skincare, pet nutrition, and healthcare, among others. On the other hand, high availability of substitutes as well as the high cost associated with production of proanthocyanidins may hamper the growth in the global proanthocyanidins market in coming years. However, the increasing application of the products in the global proanthocyanidins market for treatment of urinary tract infections is also fueling the industry’s development.

Global Proanthocyanidins Market: Key Players and Manufacturers

The research report carefully evaluates the leading and major manufacturers and players working in the landscape of the global proanthocyanidins market. Some of these major and notable manufacturers and players functional within the global proanthocyanidins market are Indena SPA, Polyphenolics, Natac, Fruit D’or, Elementa Food Ingredients, Alive by Nature, Changsha Botaniex, Inc., Naturex, Nexira, Inc., Swanson Health Products, Inc., Xian Yuensun Biological Technology Co., Ltd., PureExtract, Eevia Health, Advanced Functional Nutrition, Inc., Scott Laboratories, Skin Actives Scientific, and GrapSud, among others. The leading manufacturers and players working in the global proanthocyanidins market are exploring various growth and development strategies, such as tapping into unexplored regional markets through expansions, increasing investments for research and development, and increasing new product development.

Global Proanthocyanidins Market: Regional Assessment

Geographically, the North America emerged as the highest growing regional industry within the global proanthocyanidins market. Latest studies indicate that the regional market of North America proanthocyanidins market is anticipated to grow at the highest growth rate within the next few years. This trend can be attributed to the increasing pool of the geriatric population in the region as well as the rising consumption of healthy and nutritious food products from the regional population. Furthermore, the rising demand for pharmaceuticals is also expected to foster the development within the global proanthocyanidins market in North America in coming years.