Proanthocyanidin is a chemical compound that is found in fruits and flowers. Proanthocyanidins have many benefits that include protecting the heart and cardiovascular system. It also acts as antioxidants and block nitrosamines. The proanthocyanidins is mostly found in red grapes, grape seeds, red wine, bilberries, cranberries, strawberries, and birch. Proanthocyanidins also prevents breast cancer, protects healthy cells, and reduces the risk of heart attack. These are used as a dietary supplement and are used in many products like skincare products, pharmaceuticals, and food & beverages products. They help prevent infections and are used in the treatment for chronic disorders.
Market scope and structure analysis:
|Market size available for years||2020–2027|
|Base year considered||2019|
|Forecast units||Value ($US)|
|Segments covered||Source, Application, Type, Sales Channel, and Region|
|Regions covered||North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)|
|Companies covered||Swanson Health Products Inc., Ocean Spray Cranberries Inc., Bio Botanica Inc., Now Health Group Inc., Artemis International, Indena S.p.A. Yuensun Biological technology Co. Ltd., Beijing Gingko Group, Eevia Health Oy, Givaudan S.A.|
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COVID-19 Scenario Analysis:
- The demand for supplements has increased due to the COVID-19 pandemics.
- Consumer demand has increased to support their body, immune health, and reduce anxiety.
- The retail store is closed, so online channels are used to meet the requirements of the customers.
- With the growing demand, the manufacturers are facing problems regarding the supply of raw material.
- Companies are taking preventive measures to meet the requirements of the consumers and also ensuring the safety of workers.
- The companies are following rules set by the government for opening stores. They are providing sanitizers and gloves masks to the store workers for safety.
- The companies are reducing the opening hours of the stores and encourage customers to follow the rules of social distancing and use contactless payments.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Rise in awareness about the health issues and healthy products drives the growth of the global proanthocyanidins market. The rise in the demand for dietary supplements and customer shift toward vegan products can also be the factors that boost the growth of the global market. Surge in use of other products as an ingredient boosts the growth of the global proanthocyanidins market. However, various side effects due to high doses can create a threat to the global market. Even so, rise in demand for proanthocyanidins for different diseases and in cosmetics products can create a new path for the global market. Internet penetration, changes in living standard, and increase in awareness about the proanthocyanidin benefits boost the growth of the global proanthocyanidin market.
The global proanthocyanidins market trends are as follows:
The surge in changes in the dietary supplements have greatly increased the demand for the proanthocyanidins products. The developing countries are the main reason for the growth of the dietary supplements market because of a lack of nutrients diet and poor intake of food, which has increased the malnourishment among the young generation.
The increase in the e-commerce industry boosts the demand for the proanthocyanidins because online websites are easy to operate, secure payment, and home delivery services. This has also increased the knowledge of the customer about the product.
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Key Segments Covered:
Key Benefits of the Report:
- This study presents the analytical depiction of the global proanthocyanidins industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global proanthocyanidins market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global proanthocyanidins market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global proanthocyanidins market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Proanthocyanidins Market Research Report:
- What are the leading market players active in the proanthocyanidins market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
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