Global Pterostilbene Powder Market Size To Worth USD 602.47 Million By 2033 | CAGR of 8.11%
Category: HealthcareGlobal Pterostilbene Powder Market Size To Worth USD 602.47 Million By 2033
According to a research report published by Spherical Insights & Consulting, the Global Pterostilbene Powder Market Size is Expected to Grow from USD 276.11 Million in 2023 to USD 602.47 Million By 2033, at a CAGR of 8.11% during the Forecast period 2023-2033.
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Browse key industry insights spread across 240 pages with 110 Market data tables and figures & charts from the report on the "Global Pterostilbene Powder Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Natural Pterostilbene and Synthetic Stilbene), By Applications (Cosmetics, Dietary Supplements, Food and Beverages, and Pharmaceuticals), By Distribution Channel (Specialty Stores, Online Stores, Supermarkets, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/pterostilbene-powder-market
The pterostilbene powder market focuses on producing and commercializing pterostilbene powder, a naturally occurring antioxidant found in blueberries, cranberries, and grapes. Pterostilbene has numerous health benefits, including antioxidant, anticancer, antidiabetic, antidyslipidemic, antiatherosclerotic, and neuroprotective effects. It is synthesized using benzene-ring derivatives like 3,5-dihydroxyacetophenone, 3,5-disubstituted benzyl bromide, 5-dimethoxybenzyl sulfone derivative, and 4-acetoxy benzaldehyde. Pterostilbene is an effective chemopreventive agent for many cancers and has similar health-promoting properties to resveratrol. Pterostilbene powder is derived from antioxidant-rich foods and is more bioavailable than other stilbene compounds, potentially enhancing its dietary benefits and potentially contributing to a valuable clinical effect. The increasing prevalence of inflammatory conditions, such as arthritis, necessitates the use of pterostilbene powder, which has anti-inflammatory and antioxidant properties. Inflammation is a defense mechanism that helps the body recognize and remove harmful stimuli, affecting around 350 million people globally and nearly 43 million in the US. By 2020, this number is expected to exceed 60 million, with 2.1 million Americans suffering from rheumatoid arthritis. However, the stringent regulatory framework may impede market expansion.
The synthetic pterostilbene segment held a substantial share in 2023 and is predicted to grow at a significant CAGR during the predicted period.
Based on the product type, the global pterostilbene powder market is categorized as natural pterostilbene and synthetic stilbene. Among these, the synthetic pterostilbene segment held a substantial share in 2023 and is predicted to grow at a significant CAGR during the predicted period. The cost-effectiveness, higher quality, highly pure compound, enhanced solubility, reduced environmental impact, and increased bioavailability contribute to the segmental expansion.
The dietary supplements segment accounted for the highest market share in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe.
Based on the applications, the global pterostilbene powder market is categorized as cosmetics, dietary supplements, food and beverages, and pharmaceuticals. Among these, the dietary supplements segment accounted for the highest market share in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe. This is attributed to the increasing aesthetic living of patients, the rise in nutritional supplements, individuals prioritizing overall health, and the increasing consumption of natural supplements for acute condition management.
The online stores segment accounted for the highest market share in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe.
Based on the distribution channel, the global pterostilbene powder market is categorized as specialty stores, online stores, supermarkets, and others. Among these, the online stores segment accounted for the highest market share in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe. This is driven by the increasing trend of digital shopping, consumer convenience, easy access, heightened health awareness, and personalized recommendations.
North America is expected to hold the greatest share of the global pterostilbene powder market over the forecast period.
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North America is expected to hold the greatest share of the global pterostilbene powder market over the forecast period. This is owing to consumer awareness and demand for herbal ingredients. Key industry players and research advancements are driving this growth. Pterostilbene powder, known for its antioxidant, anti-inflammatory, and anti-aging properties, is widely used in nutraceuticals, dietary supplements, and cosmetic products. The aging North American population also drives demand for cognitive health and anti-aging products.
Asia Pacific is predicted to grow at the fastest CAGR throughout the estimated period. The market for pterostilbene powder is expanding in China, Japan, and India due to urbanization, rising disposable incomes, and health awareness. The middle class and natural cosmetics are driving demand for pterostilbene in functional foods and cosmeceuticals. Countries with supportive policies for nutraceuticals and supplements are seeing quicker adoption. Companies are forming strategic partnerships to expand their market reach and invest in research and development. Advancements in extraction and formulation methods are improving the purity and effectiveness of pterostilbene powder.
Major key players in the global pterostilbene powder market are Herb Nutritionals, Hunan Nutramax Inc., Maypro Industries, Pure Chemistry Scientific Inc., Evolva Holding SA, Sabinsa Corporation, Chemill Inc., Xian Pincredit Bio-Tech Co., Ltd., Wuxi Cima Science Co., Ltd., ChromaDex Corporation, Xi’an Natural Field Bio-Technique Co., Ltd., and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global pterostilbene powder market based on the below-mentioned segments:
Global Pterostilbene Powder Market, By Product Type
- Natural Pterostilbene
- Synthetic Pterostilbene
Global Pterostilbene Powder Market, By Applications
- Cosmetics
- Dietary Supplements
- Food and Beverages
- Pharmaceuticals
Global Pterostilbene Powder Market, By Distribution Channel
- Specialty Stores
- Online Stores
- Supermarkets
- Others
Global Pterostilbene Powder Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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