Policosanol Market Share, Size, Trends, Industry Analysis Report, By Source (Sugarcane Wax, Beeswax, Rice Bran, Wheat Germ, Others); By Grade; By Extraction Process; By Application; By Region; Segment Forecast, 2024 - 2032
The global policosanol market size is expected to reach USD 546.73 million by 2032, according to a new study by Polaris Market Research. The report “Policosanol Market Share, Size, Trends, Industry Analysis Report, By Source (Sugarcane Wax, Beeswax, Rice Bran, Wheat Germ, Others); By Grade; By Extraction Process; By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growth of the policosanol market can be highly attributable to the rising number of patients with cholesterol at the global level. It is known to have a significant ability to promote blood circulation, which limits blood clotting in humans. Furthermore, some studies revealed the effectiveness of policosanol in controlling cholesterol levels according to their genes.
The growing number of research and development activities in the field of policosanol is positively driving its adoption in multiple applications, primarily in the pharmaceutical space. A study showcased the potential of policosanol in lowering serum cholesterol. The consumption of 10 mg/day of policosanol for 12 weeks reduced LDL-C by 24.4% among patients with higher coronary heart disease and type II hypercholesterolemia.
The rising progress of comparative studies around the world is positively driving growth. A 2024 study explored the inhibition of calcification properties of policosanol, vitamin D, and genistein. The result of the experiment revealed the effectiveness of three components in treating osteogenic differentiation of vascular smooth muscle cells. It showed superior performance in combinations, such as Poli+Gen, Gen+VitD, and Poli+VitD, compared to the single components.
The researchers' rising emphasis on finding the benefits of policosanols is anticipated to boost the demand for policosanol in the next few years. For instance, a 2023 study conducted a comparative study on the consumption of three Chinese policosanols among hyperlipidemic zebrafish. It revealed the potential of Cuban policosanol (Raydel) in improving dyslipidemia along with promoting the protection of the liver, ovary, and testis.
Furthermore, the prevailing use of policosanol in the food industry is creating significant demand potential for the global market. It is gaining importance in the food domain as an emulsifier, thickener, and stabilizer, making it a prominent dietary supplement. With its ability to improve texture and consistency, policosanol is gaining adoption in dairy products, baked goods, and sauce production processes.
Policosanol Market Report Highlights
The sugarcane wax segment is anticipated to witness the highest growth in the coming years due to the presence of superior properties.
0.95 policosanol segment accounted for the largest market share owing to its gaining traction in the pharmaceutical space.
The solvent extraction segment is projected to experience a larger revenue share due to its higher productivity.
North America is projected to register the fastest growth during the forecast period, attributable to the ongoing studies on finding treatment for cardiac-related diseases.
The global players include Ambe Phytoextracts Pvt. Ltd, Botanic Healthcare, Douglas Laboratories, Garuda International Inc., & Hainan Zhongxin Chemical.
Polaris Market Research has segmented the policosanol market report based on source, grade, extraction process, application and region:
Policosanol, Source Outlook (Revenue - USD Million, 2019 - 2032)
Sugarcane Wax
Beeswax
Rice Bran
Wheat Germ
Others
Policosanol, Grade Outlook (Revenue - USD Million, 2019 - 2032)
0.90 Policosanol0.95 Policosanol0.99 Policosanol
Policosanol, Extraction Process Outlook (Revenue - USD Million, 2019 - 2032)
Solvent Extraction
Supercritical Carbon Dioxide Extraction
Policosanol, Application Outlook (Revenue - USD Million, 2019 - 2032)
Personal Care & Cosmetics
Food Processing
Dietary Supplements
Nutraceutical
Animal Feed
Pet Food
Policosanol, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa