The global resveratrol marketis set to exhibit strong growth during the forecast period, with total valuation increasing from US$ 129 million in 2024 to US$ 356.4 million by 2034. Global demand for resveratrol is anticipated to expand at a CAGR of 10.7% throughout the forecast period.
The market for resveratrol has expanded significantly in recent years due to growing public knowledge of the compound’s health advantages. Because of its reputation for being an anti-inflammatory, anti-aging, and antioxidant, resveratrol is a highly sought-after ingredient in the food and beverage, cosmetic, and pharmaceutical industries.
The estimated worth of the worldwide resveratrol market in 2022 was US$ 118.60 Million. Sales of dietary supplements is likely to increase to US$ 278.3 Million by 2033 thanks to shifting customer tastes, with a CAGR of 8% predicted for the forecast period of 2023 to 2033.
One of the primary causes pushing up the price of resveratrol on the global market is the increasing demand from customers for nutritional supplements. Due to the product’s high anti-oxidant content and phenolic activities, which appeal to older consumers and athletes alike, as well as the rising incidence of health problems including cardiovascular diseases, the market is anticipated to expand. The public’s expanding use of nutraceuticals and the beauty industry’s increasing reliance on resveratrol both have an impact on the market’s expansion.
Utilising this material has been linked to a variety of benefits, such as anti-angiogenic, estrogen-like properties, skin-whitening, anti-aging, activation of collagen I, and the ability to shield cells from UV radiation-induced cell death and oxidative damage. Its penetration of the skin barrier and anti-aging qualities make it popular in both dermatology and cosmetology.
Resveratrol has experienced great penetration in developed North American economies due to growing consumer demand for natural and healthy products. Consumers are turning to resveratrol supplementation for its antioxidant as well as anti-inflammatory qualities. Cardiovascular issues have increased in frequency in the United States as a result of the people’s sedentary lifestyles, poor eating patterns, and hectic schedules. Resveratrol is a common ingredient in dietary supplements, which is anticipated to fuel the growth of the resveratrol market over the forecasted time period due to its multiple health benefits.
Key Takeaways:
- The global resveratrol market is expected to be valued at US$ 123 Million by 2023.
- From 2018 to 2022, the market demand expanded at a CAGR of 3.1%.
- In 2022, the United States market for resveratrol accounted for about 17.3% of the global market share.
- The Indian resveratrol market to experience a rapid CAGR of 14% from 2023 to 2033.
- By product type, the extract or plant-based resveratrol was estimated to acquire more than 40% share in 2022.
- By Isomer, the trans-resveratrol had acquired a market share of 87%.
“Resveratrol is gaining traction owing to its health benefits and having antioxidant, anti-inflammatory and anti-aging properties,” says an analyst at FMI.
Competitive Landscape:
Prominent players in the resveratrol market are:
- DSM Nutritionals
- Evolva
- Endurance Product Company
- Great Forest Biomedical
- Laurus Labs Limited
- JF-NATURAL
- Sabinsa Corporation
- Resvitale LLC
- Shanghai Natural Bio-engineering Co., Ltd.
Some key developments in this market are:
- In 2021, Lonza, a worldwide manufacturing partner to the pharmaceutical, biotechnology, and nutrition sectors, declared it is likely to invest to build its production capabilities for pharmaceutical products at its facility in Guangzhou, China.
- The fill as well as finish production line is likely to provide clinical trial and commercialization batches in China as well as local and international clients. In keeping with Lonza’s objective to provide clients integrated end-to-end solutions, the launch of drug product manufacturing at the Guangzhou (CN) facility is likely to provide customers with a unified drug substance as well as drug product manufacturing service option.
More Valuable Insights Available:
Future Market Insights offers an unbiased analysis of the global resveratrol market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the resveratrol market, the market is segmented on the basis of resveratrol by product (extract, fermentation, synthetic), form (powder and liquid), isomer (trans-resveratrol and cis-resveratrol), end-use and across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
Key Segments Profiled:
By Product:
- Extract
- Fermentation
- Synthetic
By Form:
- Powder
- Liquid
By Isomer:
- Trans-Resveratrol
- Cis-Resveratrol
By End Use:
- Skin Care
- Cream & Lotion
- Scrub Exfoliator
- Cleanser & Toner
- Balm & Butter
- Serum & Mask
- Makeup Remover
- Others
- Hair Care
- Shampoo
- Conditioner
- Essential Oil
- Hair Color
- Hair Stylist Products
- Hair Oil
- Makeup
- Facial Makeup
- Eye Makeup
- Lip Makeup
- Nail Makeup
- Bath Care
- Shower Products
- Liquid Bath Products
- Bath Additives
- Bar Soaps
- Fragrance
- Perfume
- Deodorant
- Cologne
- Tools
- Dietary Supplements
- Pharmaceuticals
- Others
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