New York , United States – The global proanthocyanidins market was valued at $120.1 million in 2020. The global proanthocyanidins market will grow at a CAGR of 5.3% during the forecast period from 2021-2027.
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Proanthocyanidins are specific oligomeric flavonoids that are found in blueberries, cranberries, grapes of all types, pine bark, lingonberries, and several other fruits and plants. They are a type of compound called polyphenols which gives many berries and fruits their colors, which can range from blue, red, or purplish. Proanthocyanidins have high levels of antioxidants, which can protect the body against free radicals and even prevent some types of cancer. In addition to preventing cardiovascular disease, proanthocyanidins also help maintain cardiovascular health. Anti-inflammatory properties and properties of high antioxidant concentration also make them beneficial for skin, helping to prevent skin damage and to repair damaged skin. Increasingly, proanthocyanidins are being used in the manufacture of nutraceuticals due to their health benefits. Consumers are becoming more aware of health benefits provided by proanthocyanidins, so these nutraceuticals are gaining popularity.
Factors Affecting the Global Proanthocyanidins Market
A fast-growing niche market is developing around health supplements due to millennials’ interest in consuming them. A growing number of grape seeds are being extracted for their proanthocyanidins as the nutraceutical industry booms. The Innershine Berry Essence Drink contains antioxidant blends, such as vitamin E and berry extracts, that are incorporated into a liquid shot and sold in supplement form in places like China and Taiwan. Moreover, proanthocyanidin’s energy shots also boost immunity, sleep, and mental capacity, and this, in turn, has significantly increased its demand in nutraceuticals, which is boosting the proanthocyanidins market.
Covid-19 Impact on the Global Proanthocyanidins Market
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Regional Analysis of the Global Proanthocyanidins Market
North America dominated the global proanthocyanidins market in 2020. It is forecast that North America will have the highest market due to the larger consumer of proanthocyanidins in the region.
Key Players in the Global Proanthocyanidins Market
Several competitors in the global proanthocyanidins market include:
Aim of the Report: The Global Proanthocyanidins Market
The global proanthocyanidins market is segmented by Sales Channel, Source, Form, and Region.
Segmentation based on Sales Channel
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What are the key findings of the report?
?This report provides comprehensive information on factors expected to influence the market growth and market share in the future. ?The report offers the current state of the market and future prospects for various geographical regions. ?This report provides both qualitative and quantitative information about the competitive landscape of the market.
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