( MENAFN - EIN Presswire) Policosanol market Demand, Size, Share, Analysis And Trends, Insights 2023 To 2032 PORTLAND, OREGON, UNITED STATES, June 4, 2024 /EINPresswire / -- Allied Market Research has recently published a comprehensive report titled "Policosanol Market by Source (Sugarcane, Wheat Germ, Beeswax, and Others), by Application (Dietary Supplements, Pharmaceutical Drugs, Personal Care and Cosmetics, and Animal Feed): Global Opportunity Analysis and industry Forecast, 2023-2032". The report indicates that the policosanol market was valued at $301.0 million in 2022 and is estimated to reach $586.
5 million by 2032, exhibiting a CAGR of 6.9% from 2023 to 2032. Prime Growth Determinants: The increasing emphasis on cardiovascular health among the aging population, coupled with a growing focus on preventive healthcare, drives the demand for policosanol.
Known for its potential cholesterol-lowering and antiplatelet effects, policosanol is positioned as a preventive measure against heart disease and related conditions. Moreover, heightened awareness of policosanol through consumer education initiatives or marketing campaigns further contributes to market growth. However, the high costs associated with policosanol may pose a challenge to market expansion.
Download Sample PDF : Key Highlights from the Report: The report provides insights into current trends and the future scenario of the policosanol market from 2023 to 2032, identifying prevailing opportunities and potential .
