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Global Plant Stem Cell Market
Global Plant Stem Cell Market is expected to reach $XX Mn by 2026 from $XX Mn in 2019, at a CAGR of 16.1% during forecast period.
Global Plant Stem Cell Market Overview:
Plant regeneration at the cellular and tissue level is a unique process. The stem cells in plants have properties that help stimulate and regenerate plants after injury. The unique properties of plant stem cells have been a recent area of interest and focus both in developing new cosmetics and studying how these extracts will influence animal skin.
Global Plant Stem Cell Market Dynamics:
Growing demand for plant derived products or natural compound is fuelling the market growth.
The demand for plant stem cells is increasing in the cosmetic industry owing to various advantages it offers such as whitening, tanning, moisturizing, washings, and skin rejuvenation. Increasing product launches with plant stem cells for topical use help in protecting skin stem cells from aging, and hence this factor helps in boosting the market growth. Apart from this, other factors like technological advancements and increasing R&D on different ...
... plants to assess their uses and high demand for natural compounds are some major factors boosting the growth of the global plant stem cell market.
The report has profiled key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for future hot spot in APAC region.
Global Plant Stem Cell Market Segment Analysis:
The Global Plant Stem Cell Market is segmented on the basis of Location and Application.
Based on the Application, the cosmetics segment is expected to witness potential growth during the forecast period. Plant extracts and plant parts such as fruits, glower, leaves, stems, roots, etc. are well known in cosmetic and pharmaceutical applications for ages. All cosmetic research and development efforts for new products are focused on plant-based technology to overcome the side effects and ethical concerns associated with human or animal sources. Increasing demand for anti-aging, hair care, and skincare products is also expected to propel the growth of the global plant stem cell market.
Global Plant Stem Cell Market
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Global Plant Stem Cell Market Regional Insights:
Global Plant Stem Cell Market
North America and Europe are expected to hold major market share during forecast period.
Presence of advanced technology, on-going research on cultivation and extraction of plant components, rising demand for naturally-obtained products among the populace and increasing awareness contributes towards the growth of the plant stem cell market in these developed regions. Rising public awareness against chemical side-effects observed in cosmetic products and synthetic ingredients in food and beverages is the prime factor propelling the market growth.
Asia Pacific is expected to grow at a faster pace during forecast period.
Increasing R&D activities and government funding is positioning the Asia Pacific as a hub for research activities, in turn making it a potential market for plant stem cells.
The report also helps in understanding Global Plant Stem Cell Market dynamics, structure by analyzing the market segments and project the Global Plant Stem Cell Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Plant Stem Cell Market make the report investor’s guide.
Global Plant Stem Cell Market, Key developments:
• In April 2019, Tremotyx Biomedical Lab launched plant stem cell-based over-the-counter treatment for eczema. This new treatment is based on aloe vera, which will benefit millions of American citizens suffering from eczema.
• In March 2019, Mibelle Biochemistry launched PhytoCellTec Goji, which is a novel active ingredient based on goji plant stem cells. PhytoCellTec Goji improves cell-to-cell communication via exosomes.
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Global Plant Stem Cell Market Scope: Inquire before buying
Global Plant Stem Cell Market
Global Plant Stem Cell Market, By Region:
• North America
• Europe
• South America
• MEA
• APAC
Global Plant Stem Cell Market, Key players:
• MyChelle Dermaceuticals
• Oriflame Cosmetics Global SA
• PhytoScience Sdn Bhd
• Natura Therapeutics, Inc
• Aidan Products LLC
• Renature Skin Care Inc.
• Mibelle Biochemistry
• Tremotyx Biomedical Lab
• L’Oreal S.A.
• Estee Lauder, Inc.
• Juice Beauty
• Intelligent Nutrients
• AppCell International
• Unhwa
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