Global Resveratrol Market

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 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.

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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).

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. 'DSM (Netherlands)', 'Evolva (Switzerland)', 'Jeunesse Global (USA)', '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)'

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.

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.

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.

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Global Resveratrol Market

Report ID: SQMIG45A2180

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