USD 109.81 Million
Resveratrol Market Size, Share, Growth Analysis, By Product type(Natural resveratrol and synthetic reverstrol), By form(Powder and liquid), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45A2180 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
59
|Figures:
75
Resveratrol Market Insights
Resveratrol Market size was valued at USD 118.60 Million in 2022 and is poised to grow from USD 128.09 Million in 2023 to USD 237.08 Million by 2031, at a CAGR of 8 % during the forecast period (2024-2031).
The resveratrol market is experiencing significant growth due to several key factors. One of the major drivers is the increasing demand for dietary supplements worldwide. The product's popularity among the elderly and fitness enthusiasts is rising, thanks to its high antioxidant content and phenolic functions, making it a sought-after ingredient. Additionally, the high prevalence of health issues such as cardiovascular diseases is fueling the market growth. The consumption of nutraceuticals is also on the rise, and resveratrol is gaining traction in the cosmetic industry. Moreover, the growing demand for healthy food and the rising health consciousness among consumers are contributing to the market's expansion. With an increase in disposable income and investments, the demand for resveratrol in the pharmaceutical industry is also positively impacting the market. Furthermore, the launch of new and innovative healthy products is creating profitable opportunities for market players in the forecast period from 2022 to 2029. However, the market faces some challenges, including the availability of substitutes and low penetration in developing countries. Stringent regulations are also expected to pose challenges to the resveratrol market during the forecast period. This report provides comprehensive insights into the resveratrol market, covering recent developments, trade regulations, production analysis, market share, and more. It also highlights opportunities for emerging revenue pockets and technological innovations in the market. For further information on the resveratrol market, feel free to contact Data Bridge Market Research for an in-depth analysis and guidance on market growth strategies.
US Resveratrol Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Natural resveratrol
Fastest Growth
Growth Rate
8% CAGR
Global Resveratrol Market ($ Bn)
Country Share for North America Region (%)
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Resveratrol Market Segmental Analysis
The global resveratrol Industry is segmented categorized into product type, form, application and region. By product type, it is classified into natural resveratrol and synthetic resveratrol. By form, the market is bifurcated into powder and liquid. By application, it is divided into pharmaceuticals, nutraceuticals, cosmetics and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Resveratrol Market Analysis By product type
In the global resveratrol industry, the largest segment is the natural resveratrol category. Natural resveratrol is derived from natural sources, such as certain plants and fruits like grapes, berries, and peanuts. It is highly sought after by consumers who prefer products made from natural and organic ingredients. Natural resveratrol's popularity is driven by the increasing trend of health-conscious consumers seeking products with beneficial antioxidant properties and potential health benefits. Additionally, the rising demand for natural and clean-label products in the food, dietary supplements, and cosmetics industries further contributes to the dominance of the natural resveratrol segment.
Meanwhile, the fastest-growing segment in the resveratrol industry is the synthetic resveratrol category. Synthetic resveratrol is chemically produced in a laboratory setting. Its rapid growth is attributed to advancements in technology and production processes, leading to more cost-effective and efficient synthesis methods. As the demand for resveratrol continues to increase, synthetic resveratrol offers a viable option for manufacturers to meet the market's needs at a competitive price point. Moreover, the synthetic variant provides consistency in quality and supply, making it an attractive choice for various industries, including pharmaceuticals, where precision and reliability are crucial factors. The growing popularity of synthetic resveratrol underscores its potential to play a significant role in the market's expansion in the coming years.
Resveratrol Market Analysis By product form
In the dynamic world of the global resveratrol industry, the largest segment is the powder form. Resveratrol in powder form is highly favored for its versatility and ease of use in various applications. This powdered variant provides manufacturers with the flexibility to incorporate resveratrol into a wide range of products, including dietary supplements, functional foods, and cosmetics. The powder form allows for precise and consistent dosing, making it an ideal choice for pharmaceutical formulations, where accuracy is paramount. Additionally, powder resveratrol has a longer shelf life compared to its liquid counterpart, making it more convenient for storage and distribution. Its popularity is further driven by the increasing demand for resveratrol in nutraceuticals and health supplements, where powdered formulations are preferred for their convenience and ease of consumption.
On the other hand, the fastest-growing segment in the resveratrol industry is the liquid form. Liquid resveratrol offers unique advantages, such as rapid absorption and bioavailability, making it an attractive option for certain applications, especially in the beauty and skincare industry. The liquid form allows for easy integration into topical formulations, enabling the delivery of resveratrol's beneficial properties directly to the skin. The rising interest in natural and organic skincare products has propelled the growth of liquid resveratrol as consumers seek potent and effective anti-aging solutions. Moreover, liquid resveratrol's popularity is also fueled by its potential use in functional beverages and liquid dietary supplements, providing a convenient and refreshing way for consumers to enjoy the health benefits of this powerful antioxidant. As the trend towards holistic wellness continues to grow, the liquid form of resveratrol is expected to see accelerated adoption, driving its rapid growth in the global market.
Global Resveratrol Market By Deployment Mode
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Resveratrol Market Regional Insights
The global resveratrol market is witnessing a significant impact from dominating region North America. The region's strong presence in the market is attributed to the rising health consciousness among consumers, increasing demand for dietary supplements, and a growing aging population seeking anti-aging solutions. Additionally, the prevalence of lifestyle-related health issues such as cardiovascular diseases has driven the adoption of resveratrol as a natural antioxidant and anti-inflammatory agent. Moreover, the region's robust pharmaceutical and nutraceutical industries have further boosted the demand for resveratrol in various formulations, contributing to North America's dominant position in the global market.
As for the fastest-growing region, Asia Pacific stands out due to its burgeoning health and wellness market. The region's growing disposable income, changing dietary habits, and increasing awareness of the benefits of natural ingredients have fueled the demand for resveratrol in dietary supplements and functional foods. Furthermore, the popularity of traditional medicine and herbal remedies in countries like China and India has led to the incorporation of resveratrol in various traditional formulations, driving its rapid growth in the region. The increasing beauty and skincare industry in Asia Pacific has also contributed to the adoption of resveratrol in cosmetic products, tapping into the rising interest in natural and organic skincare solutions. As a result, Asia Pacific is expected to witness remarkable growth in the resveratrol market, providing abundant opportunities for market players in the region.
Global Resveratrol Market By Geography
- Largest
- Fastest
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Resveratrol Market Dynamics
Resveratrol Market Drivers
Huge demand for dietary supplements
- The global resveratrol market is experiencing a surge in demand for dietary supplements, driven by changes in lifestyle and the increasing prevalence of various health issues. Resveratrol, derived from grapes, red wine, and other plant sources, has become a popular ingredient in dietary supplements due to its natural properties. The growing need for nutritional supplements has propelled the demand for resveratrol, and this trend is expected to continue in the coming years. Notably, the U.S. Department of Health reports that 86% of Americans use some form of dietary supplement, indicating a significant and consistent rise in per capita usage. This growing adoption of dietary supplements has had a positive impact on the demand for resveratrol in the market.
Resveratrol Market Restraints
Limited clinical evidence supporting its therapeutic applications
- While resveratrol is derived from various sources like grapes, wine, grape juice, peanuts, and cocoa, among others, its potential availability from alternative sources poses a challenge to natural resveratrol supplements. Additionally, ongoing innovations and discoveries in the pharmaceutical and chemical industries have the potential to introduce new types of resveratrol, which could further impact the market dynamics. These factors highlight the vulnerability of the resveratrol market to potential threats in the future.
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Resveratrol Market Competitive Landscape
In the resveratrol market competitive landscape, valuable insights are offered on key competitors. This includes a comprehensive overview of each company, their financial performance, revenue generation, market potential, research and development investments, new market initiatives, global presence, production facilities, capacities, as well as their strengths and weaknesses. Additionally, details about product launches, product range diversity, and application dominance are provided. The focus of the data points is centered on the companies' involvement in the resveratrol market, giving a comprehensive understanding of their strategies and positions within the industry.
Resveratrol Market Top Player’s Company Profile
- Sabinsa Corporation (USA)
- Maypro Industries (USA)
- InterHealth Nutraceuticals Inc. (USA)
- Endurance Products Company (USA)
- Xi'an Lyphar Biotech Co., Ltd. (China)
- NATUREX (France)
- NOW Foods (USA)
- Sichuan Xieli Pharmaceutical Co., Ltd. (China)
- Shanghai Natural Bio-engineering Co., Ltd. (China)
- Changsha Staherb Natural Ingredients Co., Ltd. (China)
- Monteloeder (Spain)
- Shanghai Bokchang Biological Science & Technology Co., Ltd. (China)
- JF-NATURAL (China)
- Hunan Huakang Biotech Inc. (China)
- Nutra Green Biotechnology Co., Ltd. (China)
- Nutragreenlife Biotechnology Co., Ltd. (China)
- Hunan Kang Biotech Co., Ltd. (China)
Resveratrol Market Recent Developments
- In January 2023, DSM Nutritional Products announced the launch of its new ResveratrolMax ingredient, which is a more bioavailable form of resveratrol. ResveratrolMax is said to be up to 10 times more bioavailable than other forms of resveratrol, making it more effective at delivering the benefits of resveratrol to the body.
- In April 2023, Juvenon announced the launch of its new Resveratrol 3X ingredient, which is a combination of resveratrol and other ingredients that are said to boost the bioavailability of resveratrol. Resveratrol 3X is said to be up to 30 times more bioavailable than other forms of resveratrol, making it more effective at delivering the benefits of resveratrol to the body.
Resveratrol Key Market Trends
- One key market trend in the global resveratrol market is the growing popularity of resveratrol in the skincare and cosmetic industry. Resveratrol's antioxidant and anti-inflammatory properties have made it a sought-after ingredient in various skincare products, including creams, serums, and lotions. As consumers become more conscious of the importance of skincare and the desire for products that offer anti-aging and skin-enhancing benefits, the demand for resveratrol-infused cosmetics has surged.
Resveratrol Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Deployment modes team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analyses, The global resveratrol market is experiencing significant growth due to increasing demand for dietary supplements containing resveratrol, driven by its potential health benefits and antioxidant properties. Additionally, the rise in the skincare and cosmetic industry's adoption of resveratrol has further fueled market expansion, as consumers seek natural and effective solutions for skincare. The trend towards clean and sustainable beauty products has also contributed to resveratrol's popularity in the market. However, potential threats such as the availability of resveratrol from other sources and lack of clinical evidence for its therapeutic applications may pose challenges in the future. Overall, the market is expected to witness continued growth with abundant opportunities for market players in various industries.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 118.60 Million |
| Market size value in 2031 | USD 237.08 Million |
| Growth Rate | 8% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Resveratrol Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Resveratrol Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Resveratrol Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Resveratrol Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Resveratrol Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Resveratrol Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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