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Policosanol Market Size

  • Report ID: GMI5572
  • Published Date: Apr 2023
  • Report Format: PDF

Policosanol Market Size

Policosanol Market size was valued at over USD 310 million in 2022. Driven by the growing incidence of cardiovascular diseases globally, the industry is slated to grow at over 5.5% CAGR from 2023 to 2032. 

 

Policosanol are extensively used in dietary supplements and pharmaceutical products, given their ability to reduce total cholesterol and increase LDL processing for better heart health. In fact, its long-term administration has been shown to increase HDL-C levels in older patients suffering from hypertension, which is a prominent cause of heart disease. Increasing occurrence of cardiovascular disorders globally is anticipated to bolster the demand for policosanol supplements, paving the way for industry growth.
 

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

In 2022, global policosanol market was valued at over USD 310 million and is anticipated to grow at over 5.5% CAGR from 2023 to 2032, on account of rising occurrence of cardiovascular disorders globally.

Based on source, policosanol industry from sugarcane wax segment is expected to record a valuation of over USD 190 million by 2032, on account of growing pharmaceutical industry.

Asia Pacific policosanol market is poised to record a valuation of more than USD 180 million by 2032, on account of the region’s growing dietary supplements industry.

Some of the market players partaking in policosanol industry share include names such as Chengdu Biopurify Phytochemicals Ltd., Garuda International Inc., Shreeji Pharma International, BioCrick Co., Ltd., and BOC Sciences, among others.

Policosanol Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 350
  • Countries covered: 21
  • Pages: 300
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