How Has the Proanthocyanidins Market Size Evolved in Recent Years?
The proanthocyanidins market has seen considerable growth due to a variety of factors.
•The size of the proanthocyanidins market has witnessed notable expansion in the past few years. It is projected to rise from $2.62 billion in 2024 to $2.87 billion in 2025, with a compound annual growth rate (CAGR) of 9.4%.
Factors such as heightened consumer consciousness, growth of the nutraceutical sector, demand for natural products, the surge in the use of proanthocyanidins in cosmetics, and an increasing aging population have all contributed to the historical growth period.
What are the Market Size and Expected Growth Rates for the Proanthocyanidins Market?
The proanthocyanidins market is expected to maintain its strong growth trajectory in upcoming years.
• The market for proanthocyanidins is anticipated to experience robust expansion in the upcoming years, with expectations to reach $4.2 billion by 2029 at a compound annual growth rate of 10.0%.
The escalating growth during the predicted period could be linked to the enhancement of the functional food market, escalating demands in pharmaceutical applications, the advancement of the clean label movement, shifts in beauty and personal care trends, and increased growth in functional beverages. Key trends for the forecast period range from investments in farming and plantations, to advancements in research and development, the application of nanoencapsulation technology, personalized nutrition approaches, the rise of digital marketing and e-commerce, and collaborations across different industries.
Which Key Drivers Are Propelling The Proanthocyanidins Market's Growth?
The growth of the proanthocyanidin market is anticipated to be fuelled by the rising prevalence of diseases linked to lifestyle habits. These diseases include cardiovascular disease, stroke, diabetes, and various forms of cancer that are closely associated with lifestyle choices. Proanthocyanidin acts as an antioxidant, hindering the formation of nitrosamines and thus protecting the heart and circulatory system. Consequently, the higher incidences of lifestyle-related diseases enhance the demand for proanthocyanidin in the market. For example, as of June 2022, the International Diabetes Federation, a Belgian diabetes organization, reported that the global prevalence of diabetes had surged to 10.5%, with nearly half (44.7%) of the affected populace remaining undiagnosed. As such, the escalating prevalence of lifestyle-related illnesses fuels the expansion of the proanthocyanidin market.
What Are The Key Segments Within The Global Proanthocyanidins Market?
The proanthocyanidins market covered in this report is segmented –
1) By Type: Type A, Type B
2) By Source: Grape Seed, Pine Bark, Bilberry, Cranberry, Horse Chestnut, Blueberry
3) By Application: Dietary Supplement, Functional Food And Beverage, Personal Care And Cosmetics, Pharmaceutical, Animal Feed, Other Applications
4) By Distribution Channel: Drug And Pharmacy Stores, Convenience Stores, Modern Trade, Online Retail
5) By End User: Adults, Children, Seniors
Subsegments:
1) By Type A: Found Primarily In Cranberries, Known For Stronger Anti-Adhesive Properties Against Bacteria
2) By Type B: Found In Foods Like Grapes, Apples, And Cocoa, More Commonly Available And Known For Antioxidant And Cardiovascular Benefits
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How Are New Trends Impacting The Size Of The Proanthocyanidins Market?
The proanthocyanidins market is currently experiencing a trend towards product innovation. To maintain their market status, the major firms in this industry are focusing on the creation of new products. For example, Theralogix, a company based in Maryland, developed a nutritionally formulated supplement aimed at providing patients with certain nutrients in January 2024. They introduced a new dietary supplement called Mannose One, designed to improve the health of the urinary tract. Theralogix designed Mannose One to aid urinary tract health and to stave off UTI's with the help of d-mannose. Each serving of this dietary supplement contains 2,000 mg of d-mannose, a dosage endorsed by research to aid in preventing bacterium from sticking and in eliminating bacterium from the urinary tract.
Who Are the Key Players in the Proanthocyanidins Market?
Major companies operating in the proanthocyanidins market include:
• Amway Corp.
• Herbalife Nutrition Ltd.
• Ocean Spray Cranberries Inc.
• Nature's Way Limited
• Naturex SA
• NOW Foods Private Limited
• Swanson Group
• Nexira SAS
• Natrol LLC
• Life Extension
• Indena S.p.A.
• Nutramax Laboratories Private Limited
• Jarrow Formulas Inc.
• Gaia Herbs Inc.
• Fruit d'Or Inc.
• Solgar Vitamin & Herb Company Inc.
• Bluebonnet Nutrition Corporation
• Doctor's Best Inc.
• Reserveage Organics
• Eevia Health Oy
• Natac Group
• Himalaya Food International Ltd.
• Douglas Laboratories Corp.
• Biotivia LLC
• Puritan's Pride Inc.
• Skin Actives Scientific LLC
• Source Naturals Inc.
• Terry Naturally
• Advanced Functional Nutrition Inc.
• Xian Yuensun Biological Technology Co. Ltd.
What are the Regional Insights into the Proanthocyanidins Market?
North America was the largest region in the proanthocyanidins market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the proanthocyanidins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
