Plant Stem Cell Market accounted for US$ 10.57 billion in 2020 and is estimated to be US$ 24.88 billion by 2030 and is anticipated to register a CAGR of 8.9%. Plant stem cells are undifferentiated cells, it can serve as the origin of plant life for maintain themselves and provide a steady supply of precursor cells for forming various tissues and organs in plants. Plant stem cells are located in the meristems of plants, and plant stem cell therapy is also called gemmotherapy. It has two distinguishing characteristics: the ability to differentiate cell types and the ability to self-renew so that number of stem cells remains steady. Plant cell extracts can be obtained through complex cultivation and extraction processes. Essentially plant sources are alpine rose, grape, edelweiss, Swiss apple, gardenia, etc. From those, the Swiss apple and grape are most widely used in the industry. Plant stem cell technology is also used in the cosmetics industry for the manufacture of skin and hair, among others.
The report " Global Plant Stem Cell Market, By Location (Shoot Apical Meristems, Root Apical Meristems, and Vascular Meristems), By Application (Pharmaceutical, Nutrition, and Cosmetics) and By Region (North America, Europe, Latin America, Middle East, Asia Pacific, and Africa) - Trends, Analysis and Forecast till 2030”
Key Highlights:
· In 2021, CellaBeauty LLC Launched Plant Based Stem Cell Skincare. CellaBeauty LLC is a skincare company at the lead of ethical and inexpensive stem cell solutions for aging skin. Plant-Based Stem Cell Skincare line with the help of swiss “Ageless Apple”, mostly using apple plant stem cells are extracted, and they found only in a remote town.
Analyst View:
The plant stem cell growth is constantly spurted by various researches on various plants to explore their inherent application in the market. Naturally occurring botanicals contain antioxidant levels which can protect human skin cells from UV. The major driver for the plant stem cell market is the growing demand for natural compounds in the populace. Plant stem cell cultures have positive results in the cosmetics industry, it is widely used in the cosmetic industry, have offered a large range of opportunities for the skincare and hair treatments which are contaminant free and use the bio-sustainable product. Furthermore, increasing demand for anti-aging, skincare, hair care, and other cosmetics products rise the growth of the plant stem cell market. Furthermore, an increase in air and water pollution, medical spas, and medical tourism boost the growth of skin care products.
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Key Market Insights from the report:
Global Plant Stem Cell Market accounted for US$ 10.57 billion in 2020 and is estimated to be US$ 24.88 billion by 2030 and is anticipated to register a CAGR of 8.9%. The Global Plant Stem Cell Market is segmented by Location, Application, and Region.
· By Location, the Global Plant Stem Cell Market is segmented into Shoot Apical Meristems, Root Apical Meristems, and Vascular Meristems.
· By Application, Global Plant Stem Cell Market is segmented into Pharmaceutical, Nutrition, and Cosmetics.
· By region, the Global Plant Stem Cell Market is segmented into North America, Europe, Latin America, Middle East, Asia Pacific, and Africa.
Competitive Landscape:
The key players operating in the global market of plant stem cells include Aidan Products LLC, Oriflame Holding AG, Phyto Science SDN BHD, Natura Therapeutics Inc, MyChelleDermaceuticals, LLC, Mibelle Biochemistry, and Renature Skin Care Inc.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
