Market Overview:
The global food pharmaceutical peony market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for coatings, paints, and inks across various industries. In addition, the growing awareness about the benefits of using food pharmaceutical peony as a coating agent is also contributing to the growth of this market. Based on type, PE micronized wax accounted for the largest share of the global food pharmaceutical peony market in 2017. This can be attributed to its superior properties such as good thermal stability and low volatility that make it suitable for use in various applications such as coatings, paints, and inks. PP micronized wax is expected to grow at a high CAGR during the forecast period owing to its superior properties such as good abrasion resistance and chemical resistance that make it suitable for use in various applications such as coatings and paints.
Product Definition:
Food Pharmaceutical Peony (FPP) is a natural plant extract that has been shown to improve the digestibility of food and increase the absorption of nutrients. FPP has also been shown to have anti-inflammatory properties, which may help to reduce symptoms associated with gastrointestinal disorders.
PE Micronized Wax:
PE Micronized Wax is a natural wax produced from the fruit of PEO (Pelargonium Erythraeum) plant. It has been used as an anti-caking agent in pharmaceutical and food products for many years. PE Micronized Wax acts as a thickening agent, stabilizer, emulsifier and coating material in the pharmaceutical industry.
PP Micronized Wax:
PP Micronized Wax is a type of wax that has been processed by micronization. It consists of fatty acid esters and is used as an anti-caking agent in the food & pharmaceutical industry. The product helps to prevent clumping in medicines, which makes it ideal for smooth administration every time.
Application Insights:
The global food pharmaceutical peony market is segmented by application into coatings, paints, inks and other applications. Coatings held the largest share of over 50% in 2017. The growing demand for automotive paint and industrial coating products is expected to drive growth over the forecast period. Increasing use of these products as a sealer or preservative in bakery & confectionery items has been driving their demand globally.
Coatings were followed by paints which together accounted for nearly 25% of the overall market revenue share in 2017 owing to increasing product usage as an additive during manufacturing process of different color cosmetics such as lipsticks, eye shadows, blushers & bronzers that are used across various end-use industries including personal care and cosmetics industry respectively.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population, which makes it easier for manufacturers to reach out to large customer base. China emerged as a key consumer due to high demand from end-use industries coupled with low production cost in this country.
North America accounted for more than 20% of the total revenue share in 2017 owing to increasing use of food pharmaceutical grade peony as an additive by various end-use industries such as bakery & confectionery, dairy products, meat & seafood, and others. Increasing number of product launches coupled with favorable regulations aimed at promoting bio-based products are likely to boost regional growth over the forecast period.
Growth Factors:
- Increasing demand for food pharmaceutical peony from the pharmaceutical and nutraceutical industries for use in various formulations and products.
- Rising awareness about the health benefits of food pharmaceutical peony, which is driving its demand as a dietary supplement.
- Growing popularity of herbal supplements as an alternative to conventional medicines is boosting the demand for food pharmaceutical peony worldwide.
- Rapid urbanization and changing lifestyles are leading to an increase in the number of people who are adopting a healthy diet, which is fueling the growth of the global food pharmaceuticals market. 5) The increasing prevalence of chronic diseases such as cancer, diabetes, and heart disease is also propelling growth in this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Pharmaceutical Peony Market Research Report
By Type
PE Micronized Wax, PP Micronized Wax, PTFE Micronized Wax, FT Micronized Wax, Other
By Application
Coatings, Paint, Inks, Other
By Companies
BASF, Sasol, Clariant, Honeywell, Lubrizol, MÜNZING Corporation, MPI, Nanjing Tianshi, Michelman, Shamrock Technologies, Ceronas
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Food Pharmaceutical Peony Market Report Segments:
The global Food Pharmaceutical Peony market is segmented on the basis of:
Types
PE Micronized Wax, PP Micronized Wax, PTFE Micronized Wax, FT Micronized Wax, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Coatings, Paint, Inks, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Sasol
- Clariant
- Honeywell
- Lubrizol
- MÜNZING Corporation
- MPI
- Nanjing Tianshi
- Michelman
- Shamrock Technologies
- Ceronas
Highlights of The Food Pharmaceutical Peony Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PE Micronized Wax
- PP Micronized Wax
- PTFE Micronized Wax
- FT Micronized Wax
- Other
- By Application:
- Coatings
- Paint
- Inks
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Pharmaceutical Peony Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food Pharmaceutical Peony is a dietary supplement that is claimed to help improve the symptoms of anxiety and depression.
Some of the major players in the food pharmaceutical peony market are BASF, Sasol, Clariant, Honeywell, Lubrizol, MœNZING Corporation, MPI, Nanjing Tianshi, Michelman, Shamrock Technologies, Ceronas.
The food pharmaceutical peony market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Pharmaceutical Peony Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Food Pharmaceutical Peony Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Food Pharmaceutical Peony Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Food Pharmaceutical Peony Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Food Pharmaceutical Peony Market Size & Forecast, 2020-2028 4.5.1 Food Pharmaceutical Peony Market Size and Y-o-Y Growth 4.5.2 Food Pharmaceutical Peony Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PE Micronized Wax
5.2.2 PP Micronized Wax
5.2.3 PTFE Micronized Wax
5.2.4 FT Micronized Wax
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Coatings
6.2.2 Paint
6.2.3 Inks
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Pharmaceutical Peony Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Pharmaceutical Peony Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PE Micronized Wax
9.6.2 PP Micronized Wax
9.6.3 PTFE Micronized Wax
9.6.4 FT Micronized Wax
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Coatings
9.10.2 Paint
9.10.3 Inks
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PE Micronized Wax
10.6.2 PP Micronized Wax
10.6.3 PTFE Micronized Wax
10.6.4 FT Micronized Wax
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Coatings
10.10.2 Paint
10.10.3 Inks
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PE Micronized Wax
11.6.2 PP Micronized Wax
11.6.3 PTFE Micronized Wax
11.6.4 FT Micronized Wax
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Coatings
11.10.2 Paint
11.10.3 Inks
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PE Micronized Wax
12.6.2 PP Micronized Wax
12.6.3 PTFE Micronized Wax
12.6.4 FT Micronized Wax
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Coatings
12.10.2 Paint
12.10.3 Inks
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PE Micronized Wax
13.6.2 PP Micronized Wax
13.6.3 PTFE Micronized Wax
13.6.4 FT Micronized Wax
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Coatings
13.10.2 Paint
13.10.3 Inks
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Pharmaceutical Peony Market: Competitive Dashboard
14.2 Global Food Pharmaceutical Peony Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Sasol
14.3.3 Clariant
14.3.4 Honeywell
14.3.5 Lubrizol
14.3.6 MÜNZING Corporation
14.3.7 MPI
14.3.8 Nanjing Tianshi
14.3.9 Michelman
14.3.10 Shamrock Technologies
14.3.11 Ceronas