Proanthocyanidins Market 2021 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2030
Consumer inclination towards preventive healthcare and rising preference for functional dietary supplements continue to drive the revenue pool of proanthocyanidins market . One of the abundantly available natural phytochemicals, proanthocyanidins continue to gain traction on the back of their multiple health benefits, particularly in enhancing metabolism and improving hair and skincare. A new Future Market Insights (FMI) study has projected a healthy 6.4% CAGR for the market over 2020 – 2030. However, COVID-19 pandemic has brought along some serious challenges to market growth through 2020. While consumers are refraining from purchasing non-essential products amid the pandemic, it is directly posing a harsh impact on sales of proanthocyanidins-based nutritional supplements. Manufacturing, logistics, and supply chain obstacles are primarily hindering the growth of proanthocyanidins market amid pandemic. “The spread of COVID-19 is likely to have a notable impact on demand. The anti-ca