Plant Stem Cell Has Significant Market Potential In Cosmetics As Well As Nutrition
Plant extracts and plant parts such as fruits, flowers, leaves, stems, and roots are well known in cosmetic and pharmaceutical applications since ages. Application of plants and plant extracts in cosmetics is widespread, used for purposes such as whitening, tanning, moisturizing, and washing. With recent research and introduction of plant and human stem cell products, their potential as a vital source of human tissue renewal has grown. Plant stem cell technology is claimed to control and even reverse the aging process by harnessing the regenerative power of stem cells, and also helps improve human stem cell regeneration. The earliest plant stem cell explored for anti-aging is from Swiss apples.
Spending on agricultural and nutrition research and development has increased recently, but the rate of growth is slower than expected. In the present market scenario, products with plant stem cells as key ingredients are rare compared to supplements with key nutrient ingredients that boost body stem cell regeneration. Affordability associated with these processes sits with nutrition companies, while academic research is restricted by funding and donations — as a result, end products introduced to the market are high priced.
Objective
- To provide market size for the global plant stem cell products market from 2016 to 2018 (US$ Mn)
- To forecast global plant stem cell products market size from 2019 to 2026 (US$ Mn)
- To provide the above data for market segments such as applications and geography
- To analyze the manufacturing process of plant stem cell products for cosmetics and nutrition
- To analyze why there is a lucrative future for innovative plant stem cell products
Market Scope
This report studies various applications of plant stem cell-based cosmetic products, including skin repair, anti-inflammatory, UV protection, under-eye care, skin radiance, firming, anti-cellulite, and others (hydration, lip care, and antioxidant). Nutrition applications comprise developing natural mechanisms, stem cell physiology, cellular rejuvenation, weight loss, anti-wrinkle, and others (skin hydration, antioxidant).
Secondary Research
The study was initiated with in-depth and extensive secondary research, referencing company annual reports, press releases, scientific journals, university research papers, government websites, and paid databases including Factiva, Reuters, Hoovers, OneSource, and Bloomberg. Where public data was unavailable, modeling and estimates were used, with pricing and prevalence data validated against stakeholder discussions and proprietary statistical models.
Primary Research
Secondary research was complemented by extensive primary research to validate data and analysis, including more than 250 respondent interviews globally (averaging 50 per region) via telephone, email, and face-to-face conversations with leading industry experts.
- Helps validate and strengthen the secondary research findings.
- Provides first-hand information on market trends, growth trends, market size, and competitive landscape prevailing in the industry.