What is Pycnogenol Market?
Pycnogenol has considered a chemical compound derived from the bark of a European pine tree. Pycnogenol is highly beneficial for heart and artery health. Also, it improves blood circulation and protects against blood clots and coronary artery disease. The demand for Pycnogenol is continuously rising due to high medical use including allergies, circulation problems, asthma, health supplements, and others. Additionally, the use of pycnogenol for curing pregnancy pain problems and rising technological advancement in food technology are the factors that have been supplementing the overall growth of the market. However, lack of awareness about benefits associated with pycnogenol and side effects associated with pycnogenols such as dizziness, upset stomach, and others are the limiting factors in the operating market.
The market study is being classified, by Application (Nutraceutical, Personal and Skin Care Products, Food and Beverages, Health Supplements and Others) and major geographies with country level break-up.
Nourish Pharmaceutical Pvt. Ltd. (India), AMLIN HEALTH, LLC (United States), Ochoa laboratories Pvt. Ltd. (India), Alkem Laboratories (India), Sun Pharmaceutical Industries Ltd. (India), Superior Supplement Manufacturing (United States) and Horphag Research Inc (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that Indian and United States Players will contribute to the maximum growth of Global Pycnogenol market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Pycnogenol market by Type, Application and Region.
On the basis of geography, the market of Pycnogenol 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Use of Pycnogenol for Treating Allergies, Circulation Problems, and Asthma
- Increasing Demand for Pycnogenol in Health Supplements from the Asian Countries
Market Trend
- Rising Popularity of Pycnogenol for Curing Pregnancy Pain Problems
Restraints
- Strict Government Regulation in the Operating Market
- Lack of Awareness about Benefits Associated with Pycnogenol
Opportunities
- Growing Use of Pycnogenol for Treating Chronic Diseases including Attention Deficit-Hyperactivity Disorder, Osteoarthritis, and Others
- Rising Technological Advancement in Food Technology
Challenges
- Side Effects Associated with Pycnogenol such as Dizziness, Upset stomach and others
On August 2018, according to the A new peer-reviewed study, it observed that consumption natural super-antioxidant Pycnogenol can use as improving the symptoms of Mild Cognitive Impairment. Increasing application of pycnogenol can create new opportunities in the operating market.
Key Target Audience
Pycnogenol Products Manufacturers, Raw Material Suppliers, Suppliers and Distributors, Private Research Organization, Government Association and Agencies, Potential Investors and Others