Resveratrol Market

Global Resveratrol Market Size (2024 To 2032)

The size of the global resveratrol market is expected to be worth USD 100.64 million in 2024 and grow at a CAGR of 8.40% from 2024 to 2032 to achieve USD 191.87 million by 2032.

CURRENT SCENARIO OF THE GLOBAL RESVERATROL MARKET

Resveratrol is a flavonoid group flavanol. It is a phytoalexin that is naturally synthesized by various plants when attacked by various pathogens such as bacteria and fungi. Resveratrol is found in a variety of plants and fruits such as red grapes, peanuts, blueberries, Morus alba, raspberries, eucalyptus and peppers. Resveratrol is widely used in pharmaceutical, cosmetic and dietary supplement applications.

Resveratrol is widely used in the pharmaceutical industry because it has the ability to heal and manage a variety of diseases such as cancer, cardio-vascular disease, diabetes, and neurological diseases. The popularity and use of antioxidants in the cosmetic and dietary supplement industries has skyrocketed. Resveratrol is a potent antioxidant, making it a unique candidate for providing desirable anti-aging effects in cosmetics. It may also have a variety of beneficial effects when taken as a dietary supplement, such as lowering the risk of cardio-vascular disease and others.

MARKET DRIVERS

The Resveratrol Market Industry has witnessed a tremendous increase in growth over the last few years.

The main aspect of accelerating market growth is the increasing demand for dietary supplements. Demand growth is driven primarily by the prevalence of many health problems and lifestyle changes among consumers around the world. Resveratrol Market Trend shows it is primarily used in dietary supplements due to the demand for natural products found in red wine, grapes and other botanical sources. In addition, increasing acceptance of health foods is another important parameter that drives global market growth. The growing health awareness of consumers around the world has led to a surge in demand for these health food supplements. The presence of antioxidants and other nutrients can prevent a variety of health problems. It is also often used as a natural preservative and food additive in a variety of foods and beverages. Increasing awareness of the benefits of resveratrol is expected to spur market growth during the evaluation period.

MARKET RESTRAINTS

Several factors are driving market growth, but certain aspects can limit market growth. The lack of clinical evidence to support its therapeutic use is expected to impede the growth of the resveratrol market. In addition, discoveries and innovations in the chemical and pharmaceutical industries offer a new type of resveratrol. This can make you vulnerable to potential threats in the coming years.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Resveratrol Market Analysis By Product Type

Based on product type, the global resveratrol market is divided into synthetic and natural resveratrol. The natural resveratrol segment secured the top position in the global resveratrol market in terms of revenue share in 2021. The main factor that causes this is increased consumer awareness of the benefits of taking natural resveratrol. Peanuts, blueberries, grape seeds and other foods contain natural resveratrol, which contributes significantly to the growth of the segment.

Global Resveratrol Market Analysis By Application

Based on the application, the global resveratrol market will be divided into cosmetics, dietary supplements and pharmaceuticals. The dietary supplement segment is expected to dominate the global resveratrol market by 2022. The main aspect that drives segment growth is the increasing demand for dietary supplements with many benefits such as improved insulin sensitivity, relief of joint pain, regulation of cholesterol levels and lowering blood pressure.

Global Resveratrol Market Analysis By Form

Based on the form, the market is divided into liquids and powders. The power segment is expected to gain the largest revenue share in the resveratrol market in 2020 and maintain its position for the duration of the forecast.

REGIONAL ANALYSIS

The North American region is expected to lead the global resveratrol market in the coming years. The growth of the regional market is mainly due to the increased consumption of resveratrol as a dietary supplement by consumers. In addition, resveratrol is known to prevent heart disease, which catalyzes market growth.

The Asia Pacific resveratrol market is projected to record the highest growth rates during the valuation period. The growth of the regional market is mainly due to the growing consumer awareness of the benefits of resveratrol. Furthermore, the region's growing ageing population is expected to catalyze regional market growth in the coming years.

KEY PLAYERS IN THE GLOBAL RESVERATROL MARKET

Major key players in the global resveratrol market are Koninklijke DSM N.V., Evolva Holding SA, Sabinsa Corporation, Lonza Group AG, Maypro, Laurus Labs Limited, JF Natural, Great Forest Biomedical Ltd, Chengdu Yazhong Bio-pharmaceutical Co., Ltd and Others.

RECENT HAPPENINGS IN THE MARKET

DSM Acquires Dairy Flavor Producer First Choice Ingredients for US $ 453 million-

• Royal DSM acquires First Choice Ingredients, a US company for delicious dairy-based flavors, for US $ 453 million. The transaction is expected to close in the fourth quarter and requires regulatory approval.
• Lonza invests in Switzerland to expand drug product development and manufacturing services- Lonza, a global manufacturing partner to the pharmaceutical, biotech, and nutrition industries, announced today that it will expand its drug product manufacturing capabilities in Switzerland.

DETAILED SEGMENTATION OF THE GLOBAL RESVERATROL MARKET INCLUDED IN THIS REPORT

This research report on the global resveratrol market has been segmented and sub-segmented based on product type, application, form, and region.

By Product Type

• Natural Resveratrol and
• Synthetic Resveratrol

By Application

• Nutraceuticals
• Pharmaceuticals
• Cosmetics and
• Other Applications

By Form

• Liquid
• Powder

By Region

• North America
• Europe
• The Asia Pacific
• Latin America
• The Middle East and Africa