Plant Stem Cell Market was valued at US$ 274.25 Mn. in 2022, and the plant stem cell revenue is expected to grow at a CAGR of 9.6% for the period 2023-2029, reaching nearly US$ 520.98 Mn. in 2029.Plant Stem Cell Market Overview:
Undifferentiated cells found in the meristems of plants are known as plant stem cells. They are the source of plant vitality and offer a continual supply of precursor cells for the formation of diverse plant tissues and organs. Because of their adaptability, these cells are employed in a wide range of applications. Furthermore, scientists have begun to look to plants as a source of stem cells, and these plant stem cells have shown to be beneficial in promoting cellular turnover in the skin. Plant stem cells have anti-aging, antioxidant, and anti-inflammatory qualities that are beneficial to the skin. As a result, the global plant stem cell market is expected to reach US$ 520.98 Mn by 2029.Plant Stem Cell Market Snapshot
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Plant Stem Cell Market Dynamics:
The growing demand for natural skincare products in the fashion and entertainment industry and the presence of its high protecting ability from hazardous UV radiations are the major factors driving the growth of the plant stem cell market. Furthermore, the rapid expansion of the cosmetic industry and increasing skin and hair treatments centers are fuelling the market growth. In 2022, according to the IMS report more than 8900 dermatology practices are done in the USA. The growing research and development activities and rising investment in technology are fuelling the growth of the market. The emerging trend of the manufacturing of drugs and food products derived from plant stem cells is adding an advantage to the market growth. In December 2022, “ViaCity” a biotech firm, developed a device to implant pancreatic stem cells into diabetes patients which helps to grow insulin-producing cells to reduce the need for injections. And “BlueRock Therapeutics”, a Toronto-based firm researching stem cells to replace damaged neurons in patients with Parkinson's disease. The “Vytrus” Biotech a biotech company agreed with Grupo Blumos to enter the LATAM market in the cosmetic industry, as a result, it expanded its presence in Argentina, Paraguay, and Uruguay. In July 2022, the California Cultured researched the development of chocolate in labs through the use of plant stem cells and cell-ag. The chocolate produced from this is less bitter, has less sugar, and healthier bar. These are some recent development across the globe booming the plant stem cell market. Some of the factors slowing the growth of the plant stem cell market are its high cost associated with research and development activities, less affordable to lower-income countries, and ethical issues for the use of plant stem cells. Strict regulations from the “US Food and Drug Administration” for the use of stem cell therapy are becoming a roadblock to market growth. Because in 2016 a patient became blind due to an injection of stem cells into the eye.Plant Stem Cell Market Segmentation:
Based on Product, the Plant Stem Cell Market is sub-segmented into therapeutic and drug development. The therapeutic segment dominates the global market and it held a share of 56.23 % in 2022. Growing awareness among the youth regarding skincare and efficacy in healing and repairing the skin by plant stem cells are creating the demand for the therapeutic segment. The increasing number of diabetes and Parkinson diseases patients around the globe are creating a huge demand for the therapeutic segment. In 2022, china stood at first place by having more than 116 Mn diabetic patients between the ages of 20 to 79 followed by India (77 Mn) and the US (27 Mn).Plant Stem Cell Market, by Application in 2022(%)
Based on the Application, the Market is sub-segmented into hair care therapy, skin rejuvenation, and disease diagnosis & treatment. The skin rejuvenation segment dominates the global market and was valued at US$ 124.32 Mn. in 2022. It is a treatment used to restore the skin from any damage. An emerging trend of cosmetic product manufacturing by plant cell culture technology and anti-aging properties are driving the Market growth. In 2022, North America and Europe are major consumers of cosmetics for skin rejuvenation. Haircare therapy stood at second place in the global market by having a share of 31%. These plant-based stem cells are useful in providing the appropriate amount of nutrients, deep hydration, and anti-aging. In 2022, Germany is the top exporter of hair care products with a share of more than 62.36%.
Plant Stem Cell Market regional insights:
In 2022, North America held the largest share in the market. The main factor driving the growth is an advanced technology, which enables cultivation and extraction of plant components research. Furthermore, rising demand for naturally obtained products among the population, as well as increased awareness, contribute to the expansion of the plant stem cell market in these developed regions. The plant stem cell industry is heavily reliant on research. Increasing R&D activities and government funding are establishing a research hub, making it a potential market for plant stem cells. In January 2022, “Thermo Fisher Scientific” present in the United States, agreed with “Henogen S.A., Novasep's viral vector manufacturing business”, to stabilize cell and gene vaccines globally. The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Market dynamics, structure by analyzing the market segments and projecting the Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Market make the report investor’s guide.Plant Stem Cell Market Scope: Inquiry Before Buying
Global Plant Stem Cell Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 274.25 Mn. Forecast Period 2023 to 2029 CAGR: 9.6% Market Size in 2029: US $ 520.98 Mn. Segments Covered: by Product Therapeutic Drug development by Application Hair care therapy Skin rejuvenation Diseases diagnosis & treatment Plant Stem Cell Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Plant Stem Cell Market, Key Players are
1. MyChelle Dermaceuticals 2. Oriflame Cosmetics Global SA 3. PhytoScience Sdn Bhd 4. Natura Therapeutics, Inc 5. Aidan Products LLC 6. Renature Skin Care Inc. 7. Mibelle Biochemistry 8. Tremotyx Biomedical Lab 9. L’Oreal S.A. 10.Estee Lauder, Inc. 11.Juice Beauty 12. Intelligent Nutrients 13. AppCell International 14. Unhwa 15. Pluristem Therapeutics, Inc. 16. AllCells, LLC 17. Sigma-Aldrich 18. Takara Holdings, Inc. 19. International Stem Cell Corp. Frequently Asked Questions: 1. Which region has the largest share in Plant Stem Cell Market? Ans: North-America held the largest share in 2022. 2. What is the growth rate of the Plant Stem Cell Market? Ans: The Plant Stem Cell Market is growing at a CAGR of 9.6 % during the forecasting period 2023-2029. 3. What segments are covered in Plant Stem Cell Market? Ans: Plant Stem Cell Market is segmented into product and application. 4. What is the study period of this market? Ans: The Plant Stem Cell Market is studied from 2022 to 2029. 5. Who are the key players in Fall Detection System Market? Ans: MyChelle Dermaceuticals, Oriflame Cosmetics Global SA, PhytoScience Sdn Bhd, Natura Therapeutics, Inc, Aidan Products LLC, Renature Skin Care Inc., Mibelle Biochemistry, Tremotyx Biomedical Lab, L’Oreal S.A., Estee Lauder, Inc., Juice Beauty, Intelligent Nutrients, AppCell International, Unhwa, Pluristem Therapeutics, Inc., AllCells, LLC, Sigma-Aldrich, Takara Holdings, Inc., International Stem Cell Corp.
1. Plant Stem Cell Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Plant Stem Cell Market: Dynamics 2.1. Plant Stem Cell Market Trends by Region 2.1.1. North America Plant Stem Cell Market Trends 2.1.2. Europe Plant Stem Cell Market Trends 2.1.3. Asia Pacific Plant Stem Cell Market Trends 2.1.4. Middle East and Africa Plant Stem Cell Market Trends 2.1.5. South America Plant Stem Cell Market Trends 2.2. Plant Stem Cell Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Plant Stem Cell Market Drivers 2.2.1.2. North America Plant Stem Cell Market Restraints 2.2.1.3. North America Plant Stem Cell Market Opportunities 2.2.1.4. North America Plant Stem Cell Market Challenges 2.2.2. Europe 2.2.2.1. Europe Plant Stem Cell Market Drivers 2.2.2.2. Europe Plant Stem Cell Market Restraints 2.2.2.3. Europe Plant Stem Cell Market Opportunities 2.2.2.4. Europe Plant Stem Cell Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Plant Stem Cell Market Drivers 2.2.3.2. Asia Pacific Plant Stem Cell Market Restraints 2.2.3.3. Asia Pacific Plant Stem Cell Market Opportunities 2.2.3.4. Asia Pacific Plant Stem Cell Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Plant Stem Cell Market Drivers 2.2.4.2. Middle East and Africa Plant Stem Cell Market Restraints 2.2.4.3. Middle East and Africa Plant Stem Cell Market Opportunities 2.2.4.4. Middle East and Africa Plant Stem Cell Market Challenges 2.2.5. South America 2.2.5.1. South America Plant Stem Cell Market Drivers 2.2.5.2. South America Plant Stem Cell Market Restraints 2.2.5.3. South America Plant Stem Cell Market Opportunities 2.2.5.4. South America Plant Stem Cell Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Plant Stem Cell Industry 2.8. Analysis of Government Schemes and Initiatives For Plant Stem Cell Industry 2.9. Plant Stem Cell Market Trade Analysis 2.10. The Global Pandemic Impact on Plant Stem Cell Market 3. Plant Stem Cell Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 3.1.1. Therapeutic 3.1.2. Drug development 3.2. Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 3.2.1. Hair care therapy 3.2.2. Skin rejuvenation 3.2.3. Diseases diagnosis & treatment 3.3. Plant Stem Cell Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Plant Stem Cell Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 4.1.1. Therapeutic 4.1.2. Drug development 4.2. North America Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 4.2.1. Hair care therapy 4.2.2. Skin rejuvenation 4.2.3. Diseases diagnosis & treatment 4.3. North America Plant Stem Cell Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 4.3.1.1.1. Therapeutic 4.3.1.1.2. Drug development 4.3.1.2. United States Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Hair care therapy 4.3.1.2.2. Skin rejuvenation 4.3.1.2.3. Diseases diagnosis & treatment 4.3.2. Canada 4.3.2.1. Canada Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 4.3.2.1.1. Therapeutic 4.3.2.1.2. Drug development 4.3.2.2. Canada Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Hair care therapy 4.3.2.2.2. Skin rejuvenation 4.3.2.2.3. Diseases diagnosis & treatment 4.3.3. Mexico 4.3.3.1. Mexico Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 4.3.3.1.1. Therapeutic 4.3.3.1.2. Drug development 4.3.3.2. Mexico Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Hair care therapy 4.3.3.2.2. Skin rejuvenation 4.3.3.2.3. Diseases diagnosis & treatment 5. Europe Plant Stem Cell Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 5.2. Europe Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 5.3. Europe Plant Stem Cell Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 5.3.1.2. United Kingdom Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 5.3.2.2. France Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 5.3.3.2. Germany Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 5.3.4.2. Italy Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 5.3.5.2. Spain Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 5.3.6.2. Sweden Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 5.3.7.2. Austria Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 5.3.8.2. Rest of Europe Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Plant Stem Cell Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 6.2. Asia Pacific Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Plant Stem Cell Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 6.3.1.2. China Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 6.3.2.2. S Korea Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 6.3.3.2. Japan Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 6.3.4.2. India Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 6.3.5.2. Australia Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 6.3.6.2. Indonesia Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 6.3.7.2. Malaysia Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 6.3.8.2. Vietnam Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 6.3.9.2. Taiwan Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 6.3.10.2. Rest of Asia Pacific Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Plant Stem Cell Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 7.2. Middle East and Africa Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Plant Stem Cell Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 7.3.1.2. South Africa Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 7.3.2.2. GCC Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 7.3.3.2. Nigeria Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 7.3.4.2. Rest of ME&A Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 8. South America Plant Stem Cell Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 8.2. South America Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 8.3. South America Plant Stem Cell Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 8.3.1.2. Brazil Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 8.3.2.2. Argentina Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Plant Stem Cell Market Size and Forecast, by Product (2022-2029) 8.3.3.2. Rest Of South America Plant Stem Cell Market Size and Forecast, by Application (2022-2029) 9. Global Plant Stem Cell Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Plant Stem Cell Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. MyChelle Dermaceuticals 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Oriflame Cosmetics Global SA 10.3. PhytoScience Sdn Bhd 10.4. Natura Therapeutics, Inc 10.5. Aidan Products LLC 10.6. Renature Skin Care Inc. 10.7. Mibelle Biochemistry 10.8. Tremotyx Biomedical Lab 10.9. L’Oreal S.A. 10.10. Estee Lauder, Inc. 10.11. Juice Beauty 10.12. Intelligent Nutrients 10.13. AppCell International 10.14. Unhwa 10.15. Pluristem Therapeutics, Inc. 10.16. AllCells, LLC 10.17. Sigma-Aldrich 10.18. Takara Holdings, Inc. 10.19. International Stem Cell Corp 11. Key Findings 12. Industry Recommendations 13. Plant Stem Cell Market: Research Methodology 14. Terms and Glossary