PINE BARK EXTRACT MARKET OUTLOOK:
Pine bark extract is one of nature’s super antioxidants loaded with oligomeric proanthocyanidin compounds. Pine bark extract is used in health supplements mainly due to its antioxidant activity. The antioxidant contents of pine bark extracts help reduce visible signs of aging in the skin, owing to which pine bark extract is used in anti-aging skin cream formulations.
Pine bark extract has a wide variety of applications, which include preparations such as powder capsules, tablets, etc. The applications of pine bark extract in food as an additive is gaining acceptance among health-conscious customers. Pine bark extract is mostly known for its antioxidant producing benefits as well as its compounds that have antibacterial, antiviral, anticarcinogenic, anti-aging, anti-inflammatory and anti-allergic properties, owing to which pine bark extract is used in dietary supplements. The pine bark extract market is likely to witness an upsurge in the coming years due to the nutritional benefits of pine bark extract and increase in consumer awareness.
Demand For Sustainable and Natural Foaming Agents in Beverages is Propelling the Pine Bark Extract Market:
Pine bark extract helps reduce muscle discomfort as well as helps cure illnesses related to poor circulation, blood pressure, arthritis, high blood glucose, attention deficit hyperactivity disorder, reproductive issues in females, erectile dysfunction, eye disease and sports stamina.
A standardised pine bark extract is possibly safe when consumed by mouth in a fixed amount of doses (50 mg to 450 mg/day). However, it is likely to cause dizziness, stomach problems, headache, mouth sores and bad breath. On the other hand, as it has several health benefits, the pine bark extract market is expected to witness promising growth during the forecast period. In China, the pine bark extract market is growing gradually owing to a steady increase in the production of pine bark extract. Moreover, the country is one of the leading producers of pine bark extract. The producers of pine bark extract are keen on enhancing their production capacities to fulfil the demands of consumers as well as to expand their market share globally over the forecast period. In the coming years, the pine bark extract market is expected to increase significantly owing to all the health benefits obtained from pine bark extract.
Global Pine Bark Extract Market – Market Segmentation:
By form, the global pine bark extract market is segmented into:
- Powder Extract
- Liquid Extract
By applications, the global pine bark extract market is segmented into:
- Health Supplements
By distribution channel, the global pine bark extract market is segmented into:
- Retail Stores
- Online Stores
Global Pine Bark Extract Market – Key Players:
Key market players identified in the global pine bark extract market include Shaanxi Guanjie Technology Co., Ltd.; Wuhan Vanz Pharm Inc.; Xian Tonking Biotech Co., Ltd.; Nutra Green Biotechnology Co., Ltd.; AuNutra Industries Inc.; Foodchem International Corporation; Productos Quimicos Gonmisol SA; Monteloeder; DaXingAnLing Gadol Sports Ingredient Co., Ltd.; A to Z Nutrition International Inc.; NOW; Swanson Superior Herbs; PURE NATURALS; PLANETARY HERBALS; Life Extension; Source Naturals, Inc.; Essiac Canada International; InVite Health; Nevada Pharm LLC; Herb Pharm and Nutraceutical (Kal).x
Opportunities for Pine Bark Extract Market Participants:
Pine bark extract has several health benefits, for instance, it helps cure allergies & asthma as well as improves athletic performances, circulation problems, mental function and eye diseases. A wide variety of pine species are distributed across the globe, and key regions associated with the pine bark extract market include North America, Latin America, APEJ and Western Europe. Latin American countries Cuba and Mexico account for a reasonable share of the trade of pine bark extract. There is an increase in the demand for pine bark extract in Western European and North American countries, which can be attributed to the high level of commercialisation of health and dietary supplements. Moreover, manufacturers are making healthy usage of pine bark extract worldwide. For instance, Bremenn Botanicals, one of the key vendors of pine bark extract, launched its anti-aging skin cream in 2017, and pine bark extract the fundamental constituent in this product. Key vendors present in the global pine bark extract market are aiming at producing new products. The benefits of pine bark extract have already been recognised over social media platforms, which has significantly boosted the demand for pine bark extract. This demand is expected to act as a driving force for the pine bark extract market.
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By region, the global pine bark extract market is segmented into:
- North America
- Latin America
- CIS & Russia
- The Middle East & Africa