Proanthocyanidins Market - Forecast(2023 - 2028)

Report Code: FBR 70253 Report Format: PDF + Excel

Proanthocyanidins Market Overview

Proanthocyanidins Market size is estimated to reach $420.3 million by 2026, growing at a CAGR of 6.2% during the forecast period 2021-2026. Proanthocyanidins are a group of flavonoids that give the fruits of many plants their blue, red, and purple colors and are also known as condensed tannins. Proanthocyanidins are increasingly being used in the pharmaceutical industry owing to their health benefits, such as it helps in maintaining healthy blood pressure, reduces the risk of cancer, and also has a beneficial effect on blood vessels and heart health. The rise in the adoption of grape seed in dietary supplements for nutritional elements in it, such as flavonoids, phenolic procyanidins, and linoleic acid, increase in the adoption of tannins in pharmaceuticals, rise in the demand for oligomeric proanthocyanidins, and growing investment by the key players to develop quality proanthocyanidins are the factors that are set to drive the growth of the Proanthocyanidins Market for the period 2021-2026.

Report Coverage

The report: “Proanthocyanidins Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Proanthocyanidins Market.
By Source: Cranberry, Grape Seed, Pine Bark, Blueberry, and Others.
By Application: Pharmaceuticals, Dietary Supplements, Functional Food & Beverages, Personal Care & Cosmetics, and Others.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World (Middle East and Africa).

Key Takeaways

  • Geographically, North America Proanthocyanidins Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the rise in the adoption of tannins and oligomeric proanthocyanidins in pharmaceuticals.
  • The increase in the adoption of grape seed in dietary supplements for nutritional elements in it, such as flavonoids, phenolic procyanidins, and linoleic acid is driving the Dietary Supplements segment. However, the high cost of proanthocyanidins is one of the major factors that is said to reduce the growth of the Proanthocyanidins Market.
  • Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Proanthocyanidins Market report.

Proanthocyanidins Market Segment Analysis-By Source

The Proanthocyanidins Market based on the Source can be further segmented into Cranberry, Grape Seed, Pine Bark, Blueberry, and Others. The Cranberry segment held the largest share in 2020 owing to the factors such as the increase in the demand for cranberry flavonoids and the growing awareness about the health benefits of cranberry. The rise in the adoption of cranberry to extract proanthocyanidins flavonoids to impart antibacterial properties is driving the growth of the Proanthocyanidins Market. The Blueberry segment is estimated to be the fastest-growing segment with a CAGR of 7.3% over the period 2021-2026. This growth is owing to the factors such as the growing demand for blueberry in the food and beverages industry and the rise in the applications of blueberry in cosmetics for condensed tannins.

Proanthocyanidins Market Size, By Source, 2020-2026 (USD Million)

 Proanthocyanidins Market

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Proanthocyanidins Market Segment Analysis-By Application

The Proanthocyanidins Market based on the Application can be further segmented into Pharmaceuticals, Dietary Supplements, Functional Food & Beverages, Personal Care & Cosmetics, and Others. The Dietary Supplements segment held the largest share in 2020 owing to the factors such as the increase in the adoption of flavonoids in dietary supplements and the rise in the investment by the key players to develop quality proanthocyanidins for dietary supplements. The rise in the adoption of grape seed in dietary supplements for nutritional elements in it, such as flavonoids, phenolic procyanidins, and linoleic acid is driving the growth of the Proanthocyanidins Market. Pharmaceuticals is estimated to be the fastest-growing segment with a CAGR of 6.9% over the period 2021-2026. This growth is owing to the factors such as the rise in the health consciousness among the young population in developed nations, and the growing adoption of tannins in pharmaceuticals.

Proanthocyanidins Market Segment Analysis-By Geography

The Proanthocyanidins Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and Rest of World. North America held the largest share with 28% of the overall market in 2020. The growth in this segment is owing to the factors such as the increase in the adoption of cranberry flavonoids, growing demand for oligomeric proanthocyanidins, and the rise in the adoption of tannins in pharmaceuticals. The increasing applications of blueberry in cosmetics for condensed tannins is driving the growth of the Proanthocyanidins Market. Asia-Pacific is estimated to be the fastest-growing segment over the period 2021-2026. The growth in this segment is owing to the factors such as the growing adoption of grape seed in dietary supplements for nutritional elements in it, such as flavonoids, phenolic procyanidins, and linoleic acid, and the increasing demand for blueberry in the food and beverages industry.

Proanthocyanidins Market Drivers

Rise in the Adoption of Grape Seed Proanthocyanidins in Dietary Supplements.

Grape seed proanthocyanidins are increasingly being adopted across the world in dietary supplements for nutritional elements in it, such as flavonoids, phenolic procyanidins, and linoleic acid. The key players are also focusing on developing quality grape seed proanthocyanidins for enhancing its applications in dietary supplements, which is one of the major factors driving the growth of the Proanthocyanidins Market.

Increase in the Demand for Healthier Products in Food and Beverages.

Customers across the world are shifting towards healthier products in food and beverages owing to the rise in the number of chronic diseases and other health-related issues. This shift towards healthier products has propelled the demand for quality proanthocyanidins owing to their anticancer, antimicrobial, and anti-angiogenic properties.

Proanthocyanidins Market Challenges

High Cost of Proanthocyanidins.

The key players in the market are collaborating with other players to carry out various research and development activities for launching advanced proanthocyanidins for applications in pharmaceuticals and dietary supplements. However, the high cost of proanthocyanidins is one of the major factors that is estimated to reduce the growth of the Proanthocyanidins Market.

Proanthocyanidins Market Competitive Landscape:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Proanthocyanidins Market. Key companies of this market are Botaniex Inc, Naturex, Nexira Inc, Indena S.p.A., Polyphenolics, PureExtract, Swanson Health Products, Inc, Artemis International, Inc, Advanced Functional Nutrition, Inc, and Xian Yuensun Biological Technology Co. Ltd among others.

Partnerships/Product Launches:

  • In September 2020, Artemis International, Inc has entered into a partnership to be the United States distributor for Canada-based Fruit d’Or’s line of conventional blueberry ingredients. The product lineup includes proanthocyanidin cranberry powders and also conventional whole blueberry powders.

Relevant Links:

Report Code: FBR 0271

Report Code: FBR 0058


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1. Proanthocyanidins Market - Overview
    1.1 Definitions and Scope
2. Proanthocyanidins Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Source
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Proanthocyanidins Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Proanthocyanidins Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Proanthocyanidins Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6.  Proanthocyanidins Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Proanthocyanidins Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2  Opportunities Analysis
    7.3 Market Life Cycle
8. Proanthocyanidins Market – By Source(Market Size –$Million/$Billion)
    8.1 Cranberry
    8.2 Grape Seed
    8.3 Pine Bark
    8.4 Blueberry
    8.5 Others
9. Proanthocyanidins Market – By Application(Market Size –$Million/$Billion)
    9.1 Pharmaceuticals
    9.2 Dietary Supplements
    9.3 Functional Food & Beverages
    9.4 Personal Care & Cosmetics
    9.5 Others
10. Proanthocyanidins Market - By Geography(Market Size –$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Mexico
        10.1.3 Canada
    10.2 Europe
        10.2.1 U.K.
        10.2.2 France
        10.2.3 Germany
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia Pacific
        10.3.1 China
        10.3.2 India
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia Pacific
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Rest of South America
    10.5 Rest of the World
        10.5.1 Middle East
        10.5.2 Africa
11. Proanthocyanidins Market - Entropy
12. Proanthocyanidins Market – Industry/Segment Competition Landscape Premium
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Countries – Key Companies
        12.1.4 Competition Matrix
        12.1.5 Best Practices for Companies
13. Proanthocyanidins Market – Key Company List by Country Premium Premium
14. Proanthocyanidins Market Company Analysis
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10
    "*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Proanthocyanidins Market, By Source Market 2019-2024 ($M)
1.1 Cranberry Market 2019-2024 ($M) - Global Industry Research
1.1.1 The Rising Demand for Natural Products and Increasing Utilization of Cranberry Extract as Natural Food Colors are Projected to Drive the Growth Market 2019-2024 ($M)
1.2 Grape Seeds Market 2019-2024 ($M) - Global Industry Research
1.3 Pine Bark Market 2019-2024 ($M) - Global Industry Research
1.3.1 Thus, Due to Several Health Benefits, the Pine Bark Segment is Projected to Witness A Promising Growth During the Forecast Period. Market 2019-2024 ($M)
2.Global Proanthocyanidins Market, By Type Market 2019-2024 ($M)
2.1 Type A Market 2019-2024 ($M) - Global Industry Research
2.1.1 Increasing Use of Type A Proanthocyanidins in Urinary Tract Health Applications is Projected to Drive Its Demand in the Future Market 2019-2024 ($M)
2.2 Type B Market 2019-2024 ($M) - Global Industry Research
3.Global Proanthocyanidins Market, By Source Market 2019-2024 (Volume/Units)
3.1 Cranberry Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 The Rising Demand for Natural Products and Increasing Utilization of Cranberry Extract as Natural Food Colors are Projected to Drive the Growth Market 2019-2024 (Volume/Units)
3.2 Grape Seeds Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Pine Bark Market 2019-2024 (Volume/Units) - Global Industry Research
3.3.1 Thus, Due to Several Health Benefits, the Pine Bark Segment is Projected to Witness A Promising Growth During the Forecast Period. Market 2019-2024 (Volume/Units)
4.Global Proanthocyanidins Market, By Type Market 2019-2024 (Volume/Units)
4.1 Type A Market 2019-2024 (Volume/Units) - Global Industry Research
4.1.1 Increasing Use of Type A Proanthocyanidins in Urinary Tract Health Applications is Projected to Drive Its Demand in the Future Market 2019-2024 (Volume/Units)
4.2 Type B Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Proanthocyanidins Market, By Source Market 2019-2024 ($M)
5.1 Cranberry Market 2019-2024 ($M) - Regional Industry Research
5.1.1 The Rising Demand for Natural Products and Increasing Utilization of Cranberry Extract as Natural Food Colors are Projected to Drive the Growth Market 2019-2024 ($M)
5.2 Grape Seeds Market 2019-2024 ($M) - Regional Industry Research
5.3 Pine Bark Market 2019-2024 ($M) - Regional Industry Research
5.3.1 Thus, Due to Several Health Benefits, the Pine Bark Segment is Projected to Witness A Promising Growth During the Forecast Period. Market 2019-2024 ($M)
6.North America Proanthocyanidins Market, By Type Market 2019-2024 ($M)
6.1 Type A Market 2019-2024 ($M) - Regional Industry Research
6.1.1 Increasing Use of Type A Proanthocyanidins in Urinary Tract Health Applications is Projected to Drive Its Demand in the Future Market 2019-2024 ($M)
6.2 Type B Market 2019-2024 ($M) - Regional Industry Research
7.South America Proanthocyanidins Market, By Source Market 2019-2024 ($M)
7.1 Cranberry Market 2019-2024 ($M) - Regional Industry Research
7.1.1 The Rising Demand for Natural Products and Increasing Utilization of Cranberry Extract as Natural Food Colors are Projected to Drive the Growth Market 2019-2024 ($M)
7.2 Grape Seeds Market 2019-2024 ($M) - Regional Industry Research
7.3 Pine Bark Market 2019-2024 ($M) - Regional Industry Research
7.3.1 Thus, Due to Several Health Benefits, the Pine Bark Segment is Projected to Witness A Promising Growth During the Forecast Period. Market 2019-2024 ($M)
8.South America Proanthocyanidins Market, By Type Market 2019-2024 ($M)
8.1 Type A Market 2019-2024 ($M) - Regional Industry Research
8.1.1 Increasing Use of Type A Proanthocyanidins in Urinary Tract Health Applications is Projected to Drive Its Demand in the Future Market 2019-2024 ($M)
8.2 Type B Market 2019-2024 ($M) - Regional Industry Research
9.Europe Proanthocyanidins Market, By Source Market 2019-2024 ($M)
9.1 Cranberry Market 2019-2024 ($M) - Regional Industry Research
9.1.1 The Rising Demand for Natural Products and Increasing Utilization of Cranberry Extract as Natural Food Colors are Projected to Drive the Growth Market 2019-2024 ($M)
9.2 Grape Seeds Market 2019-2024 ($M) - Regional Industry Research
9.3 Pine Bark Market 2019-2024 ($M) - Regional Industry Research
9.3.1 Thus, Due to Several Health Benefits, the Pine Bark Segment is Projected to Witness A Promising Growth During the Forecast Period. Market 2019-2024 ($M)
10.Europe Proanthocyanidins Market, By Type Market 2019-2024 ($M)
10.1 Type A Market 2019-2024 ($M) - Regional Industry Research
10.1.1 Increasing Use of Type A Proanthocyanidins in Urinary Tract Health Applications is Projected to Drive Its Demand in the Future Market 2019-2024 ($M)
10.2 Type B Market 2019-2024 ($M) - Regional Industry Research
11.APAC Proanthocyanidins Market, By Source Market 2019-2024 ($M)
11.1 Cranberry Market 2019-2024 ($M) - Regional Industry Research
11.1.1 The Rising Demand for Natural Products and Increasing Utilization of Cranberry Extract as Natural Food Colors are Projected to Drive the Growth Market 2019-2024 ($M)
11.2 Grape Seeds Market 2019-2024 ($M) - Regional Industry Research
11.3 Pine Bark Market 2019-2024 ($M) - Regional Industry Research
11.3.1 Thus, Due to Several Health Benefits, the Pine Bark Segment is Projected to Witness A Promising Growth During the Forecast Period. Market 2019-2024 ($M)
12.APAC Proanthocyanidins Market, By Type Market 2019-2024 ($M)
12.1 Type A Market 2019-2024 ($M) - Regional Industry Research
12.1.1 Increasing Use of Type A Proanthocyanidins in Urinary Tract Health Applications is Projected to Drive Its Demand in the Future Market 2019-2024 ($M)
12.2 Type B Market 2019-2024 ($M) - Regional Industry Research
13.MENA Proanthocyanidins Market, By Source Market 2019-2024 ($M)
13.1 Cranberry Market 2019-2024 ($M) - Regional Industry Research
13.1.1 The Rising Demand for Natural Products and Increasing Utilization of Cranberry Extract as Natural Food Colors are Projected to Drive the Growth Market 2019-2024 ($M)
13.2 Grape Seeds Market 2019-2024 ($M) - Regional Industry Research
13.3 Pine Bark Market 2019-2024 ($M) - Regional Industry Research
13.3.1 Thus, Due to Several Health Benefits, the Pine Bark Segment is Projected to Witness A Promising Growth During the Forecast Period. Market 2019-2024 ($M)
14.MENA Proanthocyanidins Market, By Type Market 2019-2024 ($M)
14.1 Type A Market 2019-2024 ($M) - Regional Industry Research
14.1.1 Increasing Use of Type A Proanthocyanidins in Urinary Tract Health Applications is Projected to Drive Its Demand in the Future Market 2019-2024 ($M)
14.2 Type B Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Proanthocyanidins Market Revenue, 2019-2024 ($M)
2.Canada Proanthocyanidins Market Revenue, 2019-2024 ($M)
3.Mexico Proanthocyanidins Market Revenue, 2019-2024 ($M)
4.Brazil Proanthocyanidins Market Revenue, 2019-2024 ($M)
5.Argentina Proanthocyanidins Market Revenue, 2019-2024 ($M)
6.Peru Proanthocyanidins Market Revenue, 2019-2024 ($M)
7.Colombia Proanthocyanidins Market Revenue, 2019-2024 ($M)
8.Chile Proanthocyanidins Market Revenue, 2019-2024 ($M)
9.Rest of South America Proanthocyanidins Market Revenue, 2019-2024 ($M)
10.UK Proanthocyanidins Market Revenue, 2019-2024 ($M)
11.Germany Proanthocyanidins Market Revenue, 2019-2024 ($M)
12.France Proanthocyanidins Market Revenue, 2019-2024 ($M)
13.Italy Proanthocyanidins Market Revenue, 2019-2024 ($M)
14.Spain Proanthocyanidins Market Revenue, 2019-2024 ($M)
15.Rest of Europe Proanthocyanidins Market Revenue, 2019-2024 ($M)
16.China Proanthocyanidins Market Revenue, 2019-2024 ($M)
17.India Proanthocyanidins Market Revenue, 2019-2024 ($M)
18.Japan Proanthocyanidins Market Revenue, 2019-2024 ($M)
19.South Korea Proanthocyanidins Market Revenue, 2019-2024 ($M)
20.South Africa Proanthocyanidins Market Revenue, 2019-2024 ($M)
21.North America Proanthocyanidins By Application
22.South America Proanthocyanidins By Application
23.Europe Proanthocyanidins By Application
24.APAC Proanthocyanidins By Application
25.MENA Proanthocyanidins By Application
26.Naturex, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Indena Spa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Nexira, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Fruit D'or, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Scott Laboratories Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Polyphenolics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Xian Yuensun Biological Technology Co., Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Natac Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Eevia Health, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Botaniex Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Indofine Chemicals Company, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Artemis International Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)