Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
The resveratrol market is driven by a number of market factors that cumulatively influence its launch and translation to success. One key factor is the growing sensibility of Resveratrol being both antioxidant and anti-aging. With the rise of health-conscious consumers and the increasing desire for natural approaches for skincare and better health,resveratrol has gained huge popularity. This compound, present in different plants such as walnuts, soy beans or apples, that is not only recognized by the cosmetic industry but also could be useful in medicine due to its possible therapeutic effects on infections like Alzheimer's, Parkinson's and autism.
The Resveratrol market is anticipated to witness substantial growth, reaching an estimated value of around USD 141.5 million by the year 2030, with a projected Compound Annual Growth Rate (CAGR) of approximately 6.7% from 2022 to 2030. The vast number of uses of resveratrol involves the growing market of this compound. Resveratrol, in skincare products, its properties to combat oxidative stress and promote anti-aging effects. Alongside the escalating growth of the beauty and wellness businesses, the requirement for natural and active ingredients, like Resveratrol, is expected to be on the increase. Furthermore, the compound's potential medicinal advantages and researchers' continuous study of its effectiveness as a remedy of a variety of health issues add to the marketable characteristics.
The further rise of age-related health issues is another sweeping forth the Resveratrol market. As the global number of aging people rises, there is an increased understanding that prevention plays a crucial role in healthcare. While the antioxidant properties of Resveratrol would enable its use as a potential component for health management of age-related disorders, it could very well also aid in countering oxidative stress and inflammation. It is expected that a greater number of older consumers will only increase and lift the need for Resveratrol in beauty and healthcare products.
Research and Technological advancement activities play a Major role shaping Resveratrol market. Ongoing researches giving in-sight into therapeutic benefits of Resveratrol for diverse neurological and health issues are a part of the market driving factors. Positive outcomes of such research may also lead to increase in consumer confidence and the demand. The dynamic nature of science when it comes to Resveratrol keeps introducing new horizons for its utilization and gradually induces changes in market dynamics.
The market factors of Resveratrol cover its acknowledgment by the medical practices in health alternative and holistic medicine. Consumers nowadays are willing to go for natural and plant-based remedies, an area where Resveratrol fits directly, becoming a key player in the traditional and complementary healthcare system. The compound's potential of integrating prevention into health care strategies is an added value to its holistically oriented appeal, thus awakening the market.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | 6.7% (2022-2030) |
Resveratrol Market Highlights:
Resveratrol Market Overview:
Resveratrol Market Size was valued at USD 0.14 Million in 2023. The Resveratrol Industry is projected to grow from USD 0.16 Million in 2024 to USD 0.32 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 7.25% during the forecast period (2024 - 2032).
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Resveratrol is a substance found in many plants. It is well-known for its antioxidant and anti-aging properties. Resveratrol is often used in skincare products, but it is also used in the field of medicine. It is believed to be effective in treating Alzheimer's, Parkinson's, and autism. Resveratrol's popularity over the years has introduced new ways to increase production. Resveratrol's acceptance will continue to increase and so a high demand for this substance is expected in the next few years.
COVID-19 Impact Analysis
During the COVID-19 outbreak, many consumers turned to resveratrol, a natural anti-viral compound and antioxidant plant polyphenol found in the roots and skins of grapes and berries, to improve their immune systems. This was a great option since resveratrol is not only a powerful anti-viral agent but also a potent anti-inflammatory compound. Resveratrol reduces damage to the immune cells and prevents the spread of COVID-19. Resveratrol also has cardiovascular benefits, such as reducing the risk of cardiovascular disease, lowering total cholesterol, and reducing blood pressure.
Market Dynamics
Rising demand for dietary supplements and an increase in demand for healthy food are some of the major factors driving the global resveratrol market. Furthermore, an increase in demand for healthy foods, rise in health consciousness, increase in disposable income, and high use of medications are also expected to boost the market growth for resveratrol.
Drivers
- Rising Demand for Dietary Supplements
The growing need for nutritional supplements due to changes in lifestyle, and an increasing prevalence of numerous health issues, are some of the primary drivers of the global resveratrol market. With rising demand for natural products found in grapes, red wine, and other plant sources, resveratrol is primarily used in dietary supplements. The demand for resveratrol is expected to increase significantly in the next few years due to the rising demand for dietary supplements. According to the U.S. Department of Health, 86% of Americans use some kind of dietary supplement. The continuous rise in the per capita usage of dietary supplements has positively impacted the demand for resveratrol.
- Increase in adoption for healthy food
Increasing health awareness among individuals has led to a growth in the health food supplement market. The presence of antioxidants and other nutrients that can prevent health issues has increased the demand for food supplements. It is also commonly used as a food additive and a natural preservative in various food and beverages. The awareness about the benefits of resveratrol will lead to an upsurge in the demand for the resveratrol market.
Restraint:
- The lack of clinical evidence for its therapeutic applications
Resveratrol can be produced from other sources as well such as grapes, wine, grape juice, peanuts, and cocoa, among others, making it a potential challenger to natural resveratrol supplements. Also, innovations and discoveries in the pharmaceutical and chemical industries are providing new types of resveratrol. As a result, the global resveratrol market may be vulnerable to potential threats in the future.
- Opportunity:
Upsurge use of resveratrol in the food and beverage industries
-
Resveratrol is a molecule found in certain fruits and vegetables that acts as a natural antioxidant. These properties make resveratrol a great addition to the diet, but it is also useful in the food and beverage industries. Resveratrol is used as a food preservative. This allows other ingredients in food to be preserved longer. It also prevents food from going rancid, which is useful in longer shelf-life products. These benefits can create an opportunity to resveratrol as an excessive additive in the food and beverage industries.
Segment Overview
By Product Type
Based on product type, the global resveratrol market has been divided into natural resveratrol and synthetic resveratrol. The natural resveratrol segment held the largest market share in the global resveratrol market in 2021. This is because consumers are gaining more awareness regarding the advantages of adopting natural resveratrol. Blueberries, grape seeds, knotweed, peanuts, and other foods contain natural resveratrol, which is a key driver for the market's rapid growth.
By Form
On the basis of form, the global resveratrol market has been categorized into powder and liquid. The powder segment is estimated to dominate the market for the year 2020. Powdered resveratrol is more widely used in pharmaceuticals, anti-aging supplements, cosmetics, and other products.
By Application
By application, the global resveratrol market is segmented into dietary supplements, pharmaceuticals, cosmetics, and others. The nutraceuticals segment is expected to lead the market in the global resveratrol market for the year 2022. This is owing to an increase in the demand for nutraceutical supplements, which have several health benefits including regulating cholesterol levels, decreasing blood pressure, relieving joint pain, and enhancing insulin sensitivity among others.
Regional Analysis
By region, the global resveratrol market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America is e3stimated to dominate the global resveratrol market whereas, Asia-Pacific is projected to be the fastest-growing regional market during the forecast period.
Asia-Pacific
The Asia-Pacific region is expected to be the fastest-growing resveratrol market during the forecast period. Increased consumer awareness regarding the benefits of resveratrol coupled with the growing aging population is anticipated to drive the market growth in the region during the study period.
North America
The North American market is expected to dominate the market throughout the study period as the consumption of resveratrol is increasing as a supplement among consumers. This is owing to the increased prevalence of disorders such as coronary heart disease, excessive cholesterol, high blood pressure, atherosclerosis, and congestive heart failure. Resveratrol aids in the protection of the heart and blood vessels. As a result, over time, North America has built a robust resveratrol market demand.
Competitive Landscape
Some of the key companies such as Endurance Products Company, Volva, Botaniex Inc., are estimated to dominate the global resveratrol market due to product differentiation, strategic developments, and diversified regional presence. The players are focused on investing in R&D. In March 2021, Endurance launched a product ResVida Grape Skin Extract, a concentrated form of extremely bioavailable, 95% of pure trans-resveratrol Resveratrol is a polyphenol that can be found in small levels in foods, most notably red wine grapes. In August 2016, Evolva partnered with a private US biotech venture to develop existing active pharmaceutical ingredients.
Prominent players in the global resveratrol market include Volva, Botaniex Inc, Foodchem International Corporation, Hubei Sanxin Biotechnology Co ltd, Resvitale LLC, InterHealth, Endurance Products Company, Shanghai Natural Bio-engineering Co. Ltd, Xieli Pharmaceutical and Chemamde.
Global Resveratrol Market Segmentation
Global Resveratrol Market, by Product Type
- Natural resveratrol
- Synthetic resveratrol
Global Resveratrol Market, by Form
- Powder
- Liquid
Global Resveratrol Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Cosmetics
- Others
Global Resveratrol Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia and New Zealand
- Rest of Asia-Pacific
- Rest of the World
- South America
- Middle East
- Africa
Objectives of the Study
The objectives of the study are summarized in 5 stages. They are as mentioned below:
Market Size and Forecast:
To identify and estimate the market size for the global Resveratrol market segmented by product type, form, Application, by value (in US dollars). Also, to understand the consumption/ demand created by consumers of Resveratrol from 2022 to 2030
Market Landscape and Trends:
To identify and infer, the drivers, restraints, opportunities, and challenges for the global Resveratrol market
Market Influencing Factors:
To find out the factors which are affecting the sales of Resveratrol among consumers
Impact of COVID-19:
To identify and understand the various factors involved in the global Resveratrol market affected by the pandemic
Company Profiling:
To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.
Intended Audience
- Resveratrol Producers
- Pharmaceuticals Companies
- Cosmetic industry
- Nutraceuticals industry
- Retailers, Wholesalers, and Distributors
- Governments, Associations, and Industrial Bodies
- Academic Institutes
- Investors and Trade Experts
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
