Global Proanthocyanidins Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Global Proanthocyanidins Market is segmented by Source (Cranberry, Grape Seed, and Others), Application (Food & Beverage, Dietary Supplements, Pharmaceuticals, and Personal care & cosmetics), and By Geography ( North America, Europe, Asia-Pacific, South America, and Middle East & Africa)

Market Snapshot

Proanthocyanidins Market Summary
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: >6.2 %

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Market Overview

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.

Scope of the Report

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
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
South Africa
Saudi Arabia
Rest of Middle East and Africa

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Key Market Trends

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.

Proanthocyanidins Market1

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 Market2

Competitive Landscape

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 proanthocyanidins market growth.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Source

      1. 5.1.1 Cranberry

      2. 5.1.2 Grape Seed

      3. 5.1.3 Others

    2. 5.2 By Application

      1. 5.2.1 Food & Beverage

      2. 5.2.2 Dietary Supplements

      3. 5.2.3 Pharmaceuticals

      4. 5.2.4 Personal care & cosmetics

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Spain

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 Germany

        4. 5.3.2.4 France

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Russia

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Artemis International

      2. 6.4.2 Botaniex, Inc.

      3. 6.4.3 NATUREX SA

      4. 6.4.4 Indena S.p.A.

      5. 6.4.5 NEXIRA

      6. 6.4.6 EEVIA HEALTH OY

      7. 6.4.7 Polyphenolics

      8. 6.4.8 Xian Yuensun Biological Technology Co.,Ltd.

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Global Proanthocyanidins Market market is studied from 2016 - 2026.

The Global Proanthocyanidins Market is growing at a CAGR of >6.2% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Artemis International, Botaniex, Inc., NATUREX SA, Indena S.p.A., NEXIRA are the major companies operating in Global Proanthocyanidins Market.

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