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Pine Bark Extract Market

Global Pine Bark Extract Market Share, Trends, Forecast: By Form: Liquid Extract, Powder Extract; By Distribution Channel: Supermarkets and Hypermarkets, Retail, Online, Others; By Application: Health Supplements, Food Additives, Cosmetics, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Pine Bark Extract Market Outlook

The global pine bark extract market is being driven by the growth of the proanthocyanidins market. The global proanthocyanidins market is expected to grow at a CAGR of 5.8% in the forecast period of 2024-2032.

 

Global Pine Bark Extract Market

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The Health Supplement Sector Significantly Contributes to the Growth of the Pine Bark Extract Industry

As pine bark extract contains a pharmacologically active constituent, that is OPC (oligomeric proanthocyanidins), its demand as a dietary supplement has significantly increased. OPC is known to have a beneficial effect on vascular health. Further, the extract also contains a complex plant compound known as proanthocyanidins, which are powerful antioxidants and provide benefits to the cardiovascular system and capillary health. The extract is used in a wide range of preparations, including powder capsules, tables, and elixirs, among others. This is driving the product demand in the health supplement sector and aiding the overall industry growth. Meanwhile, the product is expected to witness an increased utilisation in the cosmetic industry over the forecast period. This can be attributed to the growing demand for ingredients with powerful antioxidants to prepare formulations like anti-ageing creams and other products.

Region-wise, Europe and North America are expected to provide enhanced growth opportunities to the market attributed to the growing penetration of the key players and high level of commercialisation of health and dietary supplements.

 

Pine Bark Extract: Market Segmentation

The extracts prepared from pine bark, also known as Pinus massoniana, are called as pine bark extracts. These extracts have been in use since the ancient times in traditional wound healing practices and to treat scurvy. The active compound in pine bark is oligomeric proanthocyanidins (OPC), a free radical-scavenging polyphenolic flavonoid constituent, which is primarily used in health supplements due to its antioxidant activity. Being rich in several bioflavonoids, it possesses both anti-inflammatory and antioxidant properties and can help treat various ailments.

 

Global Pine Bark Extract Market By Form

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Based on form, the market is bifurcated into:

  • Liquid Extract
  • Powder Extract

Pine bark extracts have applications in sectors like:

  • Health Supplements
  • Food Additives
  • Cosmetics
  • Others

On the basis of distribution channel, the industry can be segmented into:

  • Supermarkets and Hypermarkets
  • Retail
  • Online
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Pine Bark Extract Market By Region

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Growing Vegan Population to Drive the Demand for Pine Bark Extract

The growing health awareness and the rising demand for botanic or herbal supplements are driving the growth of the pine bark extract industry. This is being supported by the growing R&D activities and new product launches by the manufacturers. Owing to the convenience factor, the extract-based supplements are available for customers in the form of capsules, tablets, or powder. Other factors contributing to the growth of the industry include the rising living standards, thriving retail sector, growing per capita expenditure on cosmetics, and increasing demand for natural food additives. Additionally, the increasing vegan population is expected to drive the demand for plant-based alternatives, which is anticipated to significantly contribute to the pine bark industry growth over the forecast period.

 

Key Industry Players in the Global Pine Bark Extract Market

The report gives a detailed analysis of the following key players in the global pine bark extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Nutra Green Biotechnology Co., Ltd.
  • Source Naturals, Inc.
  • InVite Health
  • NOW Health Group, Inc.
  • Herbalife International of America, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Form
  • Distribution Channel
  • Application
  • Region
\Breakup by Form
  • Liquid Extract
  • Powder Extract
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Retail
  • Online
  • Others
Breakup by Application
  • Health Supplements
  • Food Additives
  • Cosmetics
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Nutra Green Biotechnology Co., Ltd.
  • Source Naturals, Inc.
  • InVite Health
  • NOW Health Group, Inc.
  • Herbalife International of America, Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Pine Bark Extract Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Pine Bark Extract Historical Market (2018-2023) 
    8.3    Global Pine Bark Extract Market Forecast (2024-2032)
    8.4    Global Pine Bark Extract Market by Form
        8.4.1    Liquid Extract
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Powder Extract
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Pine Bark Extract Market by Distribution Channel
        8.5.1    Supermarkets and Hypermarkets
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Retail
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Online
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Pine Bark Extract Market by Application
        8.6.1    Health Supplements
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Food Additives
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Cosmetics
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others 
    8.7    Global Pine Bark Extract Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Pine Bark Extract Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Pine Bark Extract Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Pine Bark Extract Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Pine Bark Extract Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Pine Bark Extract Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value  Chain Analysis
16    Price  Analysis

    16.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Nutra Green Biotechnology Co., Ltd.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Source Naturals, Inc.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    InVite Health
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    NOW Health Group, Inc.
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Herbalife International of America, Inc.
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Others
18    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Key Figures and Tables

1.    Global Pine Bark Extract Market: Key Industry Highlights, 2018 and 2032
2.    Global Pine Bark Extract Historical Market: Breakup by Form (USD Million), 2018-2023
3.    Global Pine Bark Extract Market Forecast: Breakup by Form (USD Million), 2024-2032
4.    Global Pine Bark Extract Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5.    Global Pine Bark Extract Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6.    Global Pine Bark Extract Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Pine Bark Extract Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Pine Bark Extract Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Pine Bark Extract Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Pine Bark Extract Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Pine Bark Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Pine Bark Extract Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Pine Bark Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Pine Bark Extract Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Pine Bark Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Pine Bark Extract Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Pine Bark Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Pine Bark Extract Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Pine Bark Extract Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    North America Historical Price Trends and Forecast 2018-2028
21.    Europe Historical Price Trends and Forecast 2018-2028
22.    Asia Pacific Historical Price Trends and Forecast 2018-2028
23.    Latin America Historical Price Trends and Forecast 2018-2028
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
25.    Global Pine Bark Extract Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 5.8% between 2024 and 2032.

The major drivers of the market are the rising health concerns, increasing demand for natural supplements, growing disposable incomes, increasing focus on skin care, thriving retail sector, and growing research and development activities.

The key trends guiding the growth of the market include the growing demand for vegan products and new product launches.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific. 

The leading forms of pine bark extract in the market are liquid extract and powder extract.

The major applications in the market are health supplements, food additives, and cosmetics, among others.

The significant distribution channels in the market are supermarkets and hypermarkets, retail, and online, among others.

The key players in the global pine bark extract market are Nutra Green Biotechnology Co., Ltd., Source Naturals, Inc., InVite Health, NOW Health Group, Inc., and Herbalife International of America, Inc., among others.

Analyst Review

The global pine bark extract market is being driven by the rising proanthocyanidins market. Aided by the rising demand for natural supplements, the proanthocyanidins market is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 5.8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By form, the market is divided into liquid extract and powder extract. Based on application, the industry is segmented into health supplements, food additives, and cosmetics, among others. On the basis of distribution channel, the industry is categorised into supermarkets and hypermarkets, retail, and online, among others. The major regional markets for pine bark extract are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Nutra Green Biotechnology Co., Ltd., Source Naturals, Inc., InVite Health, NOW Health Group, Inc., and Herbalife International of America, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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