Pycnogenol Market Growth and Forecast - 2017-2023
Pycnogenol is a US registered trademark of the product derived from the pine bark of a tree known as Pinus pinaster. The active ingredients in pycnogenol can be extracted from other sources, including peanut skin, grape seed, and witch hazel bark.
Portland, OR -- (SBWire) -- 08/31/2017 --It is essentially used for treating circulation problems, allergies, asthma, ringing in the ears, high blood pressure, muscle soreness, pain, diabetes, endometriosis, menopausal symptoms, painful menstrual periods, erectile dysfunction (ED), and retinopathy.
In addition, it assists in the treatment of chronic diseases such as osteoarthritis, attention deficit-hyperactivity disorder (ADHD), and Alzheimers disease. The market growth is driven by high demand for natural treatment methods, increase in aging population who are dependent on pycnogenol-based health supplements to slow down ageing process, and surge in demand for natural beauty products. However, health risks due to prolonged usage of pycnogenol such as vertigo, headache, gastro intestinal problems, and nausea are expected to hamper the market growth.
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Moreover, several manufacturers have focused on developing pycnogenol products that are heat-stable, water soluble and suitable for baked goods & dairy products. Technological advancements in food technology provide lucrative opportunity for the market growth.
This report segments the market based on type, application, and region. Based on type, the market is segmented into powder type, capsule type, and tablet type. Based on application, the market is segmented into personal & skin care products, food & beverages, and health supplements. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the pycnogenol market are SceletiumZA, Nourish Pharmaceutical Pvt. Ltd., Amlin Health, LLC, Ochoa laboratories Pvt. Ltd., Alkem Labs, Sun Pharmaceutical Industries Ltd., Superior Supplement Manufacturing, and Horphag,
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-The study provides an in-depth analysis of the pycnogenol market along with current trends and future estimations to elucidate the imminent investment pockets.
-It presents a quantitative analysis of the industry from 2016 to 2023 to enable stakeholders to capitalize on the prevailing market opportunities.
-Extensive analysis of the market by type elucidates the various forms of pycnogenol available across regions.
-Key market players and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
Pycnogenol Market Key Segmentation:
-Personal & Skin Care
-Food & Beverages
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