Global Pterostilbene Market to Witness Significant growth With Growing Industrial Applications
The Pterostilbene Market is extensively researched about in the report with major focus on the vendor landscape, changes in competition, future growth opportunities, regional expansion, and other important aspects.
Los Angeles, United States – September 27, 2019 /MarketersMedia/ —
Global Pterostilbene Market Report, History and Forecast 2014-2025,” is the new research report lately published by QYR Consulting for the forecast period of 6-years, i.e. 2019-2025. According to the report, the global Pterostilbene Market is foreseen to attain a value of US$ 5.27 Bn by the end of 2025, which was about US$ 2.29 Bn in the year 2018. The market is estimated to exhibit a robust CAGR of 11% during the predicted period. Recently, Pterostilbene has become the most promising compound in the nutrition and healthcare industry. There are several reasons behind the sudden popularity of this element. Natural Pterostilbene is mostly preferred all over the world, however, synthetic pterostilbene is manufactured in large quantities because of low manufacturing costs. Technologies such has fermentation is largely adopted by manufacturers in order to increase the purity of Pterostilbene.
Segmental Analysis
Increasing consumption of natural and organic products to support natural pterostilbene segment growth
The global Pterostilbene market is segregated into two segments such as by product and by application. By application, the market is segmented into pharmaceuticals, cosmeceuticals, food and beverages, dietary supplements, and Others. Therapeutic usage Pterostilbene owing to its anticarcinogenic properties is predicted to increase the demand for Pterostilbene in the pharmaceutical industry.
By product, the market is segmented into Natural pterostilbene and synthetic pterostilbene. Among products, natural pterostilbene segment is anticipated to notice impressive growth as compared to synthetic pterostilbene. Blueberries, almonds, peanuts, red wine, red grapes, and mulberries are some of the natural sources of Pterostilbene.
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Regional Coverage
Asia Pacific to show significant growth in the global Pterostilbene market
Report covers a detailed analysis of the key regions of the global Pterostilbene market. North America is projected to witness remarkable market growth in the global Pterostilbene market. Rising health awareness and growing fitness industry are some of the key elements helping to foster the demand for Pterostilbene in the region. Apart from North America, Asia Pacific is prognosticated to increase the demand for Pterostilbene in the near future. Growing chemical industry, increasing awareness about the benefits of natural ingredients, and increasing spending capacity are supplementing the global Pterostilbene market growth in Asia Pacific.
Key Players
Some of the leading market participants functioning in the global Pterostilbene market are Herb Nutritionals, ChromaDex, Taizhou Bona, Hangzhou Ruishu, K V Natural, Chemill, Shaanxi Pioneer Biotech, Wuxi Cima Science, Shaanxi NHK Technology, Brilliant, and Mellem
Market Dynamic
Industrial applications of Pterostilbene to expand the global Pterostilbene market
Pterostilbene has various biomedical as well as industrial applications, which is expected to trigger the growth of the global Pterostilbene market. Good mental health is the need of an hour, it has been observed the growing number of people suffering from mental disorders. The researcher found that Pterostilbene has properties that may cure anxiety disorders, therefore, it is high in demand among pharmaceutical industries.
Increasing health awareness and consumption of organic products could surge the demand for Pterostilbene in the years to come. Pterostilbene is extensively used in the skincare industry because of the anti-inflammatory, antioxidant, and skin-lightening properties. Additionally, it can prevent UV skin damage and widely adopted by manufacturers.
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Source: MarketersMedia
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