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

Global Pterostilbene Powder Market Insights Forecasts to 2033

• The Global Pterostilbene Powder Market Size was estimated at USD 276.11 Million in 2023
• The Market Size is Expected to Grow at a CAGR of around 8.11% from 2023 to 2033
• The Worldwide Pterostilbene Powder Market Size is Expected to reach USD 602.47 Million By 2033
• Asia Pacific is Predicted to Grow at the fastest CAGR throughout the Projection period

The Global Pterostilbene Powder Market Size is predicted to Exceed USD 602.47 Million by 2033, Growing at a CAGR of 8.11% from 2023 to 2033.

Market Overview

The pterostilbene powder market involves the production and commercialization of pterostilbene in its powdered form, which is used as dietary supplements to provide antioxidants to the body. Pterostilbene powder is a naturally occurring antioxidant found in blueberries, cranberries, and grapes. It has chemopreventive, anti-inflammatory, antidiabetic, antidyslipidemic, antiatherosclerotic, and neuroprotective effects. Pterostilbene is a dimethyl ether analogue of resveratrol and has numerous health benefits, including antioxidant, anticancer, antidiabetic, and antihyperlipidemic effects. Pterostilbene is synthesized using benzene-ring derivatives like 3,5-dihydroxyacetophenone, 3,5-disubstituted benzyl bromide, 5-dimethoxybenzyl sulfone derivative, and 4-acetoxy benzaldehyde. These derivatives are used to create the stilbene structure, which undergoes subsequent reactions to produce the final product. It is an effective chemopreventive agent for many cancers and has similar health-promoting properties to resveratrol. Pterostilbene powder is derived from antioxidant-rich foods like blueberries, cranberries, and grapes. It is more bioavailable than other stilbene compounds, which may enhance its dietary benefits and potentially contribute to a valuable clinical effect. Pterostilbene has greater bioavailability than resveratrol, but together, they complement each other for enhanced results. Pterostilbene powder is a compound derived from antioxidant-rich foods and is a methylated stilbene molecule and a derivative of resveratrol, offering similar benefits but with superior bioavailability.

The increasing prevalence of inflammatory conditions, such as arthritis, leads to an increasing need for pterostilbene powder, which has anti-inflammatory and antioxidant activity, which is essential for the management of arthritis and joint diseases. For instance, the data provided by the National Library of Medicine states that 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, or 20% of the population. By 2020, this number is expected to exceed 60 million, with 2.1 million Americans suffering from rheumatoid arthritis.

Report Coverage

This research report categorizes the global pterostilbene powder market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the global pterostilbene powder market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the global pterostilbene powder market.

Driving Factors:

Awareness of pterostilbene powder is increasing due to its health benefits, especially for cognitive function and cardiovascular health. This demand is additionally fueled by the increasing number of elderly individuals. The pterostilbene powder is being incorporated into functional foods and drinks, including smoothies and energy bars, to broaden its market presence. The purity and concentration of pterostilbene powder are being enhanced by new extraction methods and technologies such as nano-encapsulation. Partnerships with research organizations and food and drink corporations are resulting in novel findings and uses of pterostilbene powder. The increasing health consciousness and the aging global population are driving the demand for natural and effective supplements like pterostilbene.

Following clinical studies and trials revealing new uses from cancer prevention to neuroprotection, pharmaceutical companies and research institutions are making significant investments in investigating the therapeutic potential of pterostilbene. It is anticipated that the incorporation of pterostilbene into pharmaceutical formulations will increase its demand in the upcoming years. The growing cosmetics industry is also driving the pterostilbene powder market, as its anti-inflammatory and antioxidant properties make it a sought-after component in skincare and anti-aging products.

Restraining Factors

The complexity in the extraction and synthesis of pterostilbene, stringent regulatory framework, lack of standardization, fluctuations in the cost of raw materials, and limited supply of the blueberries, grapes as pterostilbene is derived from these fruits may impede the market growth.

Market Segmentation

The global pterostilbene powder market share is classified into product type, applications, and distribution channel.

• The synthetic pterostilbene segment held a significant share in 2023 and is anticipated to grow at a remarkable CAGR throughout the forecast period.

Based on the product type, the global pterostilbene powder market is categorized into natural pterostilbene and synthetic stilbene. Among these, the synthetic pterostilbene segment held a significant share in 2023 and is anticipated to grow at a remarkable CAGR throughout the forecast period. The segmental expansion is attributed to the cost-effectiveness, greater quality, highly pure compound, improved solubility, lower environmental impact, and greater bioavailability.

• The dietary supplements segment accounted for the largest 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 into cosmetics, dietary supplements, food and beverages, and pharmaceuticals. Among these, the dietary supplements segment accounted for the largest market share in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe. The sector growth is attributed to the growing aesthetic living of patients, increasing in nutritional supplements, individuals focusing on the overall health and wellness, and rising consumption of the natural supplements for the management of the acute conditions.

• The online stores segment dominated the global pterostilbene powder market in 2023 and is predicted 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 dominated the global pterostilbene powder market in 2023 and is predicted to grow at a significant CAGR throughout the projected timeframe. The sector growth is ascribed to the rising trend of digital shopping, consumer convenience, easy accessibility, growing awareness of health, and personalized recommendations.

Regional Segment Analysis of the Global Pterostilbene Powder Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the global pterostilbene powder market over the predicted timeframe.

North America is anticipated to hold the largest share of the global pterostilbene powder market over the predicted timeframe. High consumer awareness of the herbal ingredients and demand are driving significant growth in the dietary supplements and pharmaceuticals market in the US and Canada. The growth of the market is being propelled by key industry players and progress in research. Pterostilbene powder, recognized for its antioxidant, anti-inflammatory, and anti-aging effects, is extensively utilized in nutraceuticals, dietary supplements, and cosmetic products. Products aimed at cognitive health and anti-aging are additionally seeking increased demand owing to the aging population in North America. The growing cosmeceutical sector is utilizing pterostilbene powder due to its antioxidant and anti-aging effects.

Asia Pacific is anticipated to grow at the fastest CAGR throughout the projected timeframe. The market growth in this region, specifically in countries such as China, Japan, and India, is fueled by urbanization, rising disposable incomes, and heightened health awareness. The demand for pterostilbene is being fueled by the middle class and the rising popularity of natural cosmetics and dietary supplements. Its use in functional foods for general well-being and in cosmeceuticals for anti-aging benefits is on the rise. Countries that have supportive policies for nutraceuticals and supplements are experiencing a quicker adoption. Companies are establishing strategic partnerships to broaden their market reach and invest in research and development. Advancements in extraction and formulation methods are improving the purity and effectiveness of pterostilbene powder.

Competitive Analysis:

The report offers an appropriate analysis of the key organizations/companies involved within the global pterostilbene powder market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• 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.
• 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