About Pine Bark Extract
Pine bark extract is rich in polyphenol ingredients which provides anti-inflammatory and antioxidant effects. It is also used to treat various diseases such as arthritis. The pine bark extract helps in the reduction of damage on skins caused by ultraviolet radiation. In addition to this the pine bark extract has been used as a food ingredient due to its astringent taste. Since, it is being used widely as a dietary supplements due to its benefits the demand of pine bark extract is increasing.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Pine Bark Extract market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Source Naturals (India), Now foods (United States), Bulk Supplements (United States), Absorb your health (Unite Kingdom), Vitacost (United States), Swanson (United States), Xian Sost Biotech (China), New Japan Functional foods (United States), Shanghai Freemen (United States) and Hunan Kangshou Pharmaceutical (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Pine Bark Extract market by Type (Capsule, Powder and Other), Application (Health Supplements, Food and Cosmetics) and Region.
On the basis of geography, the market of Pine Bark Extract has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Pine Bark Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Tablets will boost the Pine Bark Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Inclination of Consumers towards the Health Consciousness
Market Growth Drivers:
Health benefits of pine bark extract is fueling the market growth. Due to its benefits such as antibacterial, antiviral, anti-oxidant and others, the pine bark extract is used in various industries such as food, cosmetics, and dietary supplements. Hence, it is being accepted by the health conscious consumers which is contributing towards the market growth.
Challenges:
Side Effects of Pine Bark Extracts may hamper the Market Growth
Restraints:
Lack of Awareness among the Consumers
Opportunities:
High Promotions of Health and Dietary Supplements
Market Leaders and their expansionary development strategies
In September 2019, Now foods has acquired super nutrition brands. This acquisition will help the company to offer the benefits of the products to more people
In July 2023, Cepham has introduced a patent-pending hydro-ethanolic extraction method in order to bring its new Prunus domestica bark extract to market. The new ingredient is formulated to support prostate health, and its production helps to contribute to environmental conservation, the company notes.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.