The global resveratrol market was valued at USD 58.4 million in 2019. Increase in prevalence of chronic diseases worldwide, wide application areas of resveratrol and surging demand for resveratrol for prevention of chronic ailments are key factors driving the global resveratrol market.
Resveratrol is extensively used in pharmaceutical industry due to its healing as well as managing properties for treating several diseases including certain fatal disease such as cancer, cardio-vascular diseases & neurological diseases which is expected to fuel the market growth in upcoming years. Moreover, the product is potential antioxidant, has anti-aging as well as acts as active ingredient while making cosmetic products propelling the market growth. On the other hand, some side effects like gastrointestinal upset, headache, nausea and fatigue associated with resveratrol usage are anticipated to restraint the growth of global resveratrol market in forthcoming years. Another major factor that can challenge the market growth is that it can result in supplement-drug interactions with estrogens & anticoagulants.
The global resveratrol market has been segmented based on product, application, dosage form, distribution channel, and region. Based on product, the global resveratrol market is categorized into natural and synthetic resveratrol. Natural resveratrol segment dominated the global resveratrol market in 2019 owing to increase in demand for grape seed and knotweed extracted resveratrol that has wide application in food and beverage industry. Application-wise, the global resveratrol market is categorized into cosmetics, pharmaceuticals, dietary supplements and others. Increasing usage of resveratrol in cosmetics applications is expected to drive the cosmetic segment over the forecast period. On the basis of form, the global resveratrol market is segmented into liquid, solid/powder, and pill. Based on distribution channel, retail stores segment held substantial share of the market in 2019. Geographically, North America dominated the global resveratrol market in 2019, however, Asia Pacific is expected to be the fastest growing region by 2028.
Key players operating in the global resveratrol market include Evolva, DSM, Jeunesse Global, RevGenetics, Sabinsa Corporation, Maypro Industries, Hangzhou Great Forest Biomedical Ltd., Laurus Labs, Tianjin Jianfeng Natural Product R&D Co., Ltd., and Shanghai Natural Bio-engineering Co., Ltd. (Hunan Keyuan Bio-products Co., Ltd) among others.
Resveratrol Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 115.7 million|
|Growth Rate||CAGR of 7.9%during 2021-2028|
|Segment Covered||Product, Application, Distribution Channel, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Key Players Profiled||DSM, Evolva, Jeunesse Global, RevGenetics, Sabinsa Corporation, Maypro Industries, Hangzhou Great Forest Biomedical Ltd., Laurus Labs, Tianjin Jianfeng Natural Product R&D Co., Ltd., and Shanghai Natural Bio-engineering Co., Ltd. (Hunan Keyuan Bio-products Co., Ltd) among others.|
Key Segments of the Global Resveratrol Market
Product Overview, 2018-2028 (USD Million)
- Natural Resveratrol
- Grape seed extracted
- Knotweed extracted
- Synthetic Resveratrol
Application Overview, 2018-2028 (USD Million)
- Dietary Supplements
Dosage Form Overview, 2018-2028 (USD Million)
Distribution Channel Overview, 2018-2028 (USD Million)
- Retail Stores
- Online Stores
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
Reasons for the study
- Increase in demand for resveratrol for prevention of chronic disorders
- Wide application areas of resveratrol
What does the report include?
- The study on the global resveratrol market includes qualitative insights such as drivers, restraints, challenges and opportunities
- Additionally, the market has been evaluated using the Porter’s Five Forces analysis
- The study covers qualitative and quantitative analysis of the market segmented on the basis of product, form, application, and distribution channel. Moreover, the study on resveratrol market provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players operating in the market with a significant global and/or regional presence
Who should buy this report?
- The report on the global resveratrol market is suitable for all the players across the value chain including raw material suppliers, hospitals, medical device manufacturers, pharmaceutical companies, healthcare organizations, distributors, suppliers and technology geeks
- Venture capitalists and investors looking for more information on the future outlook of the global resveratrol market
- Consultants, analysts, researchers, and academicians looking for insights shaping the global resveratrol market
Resveratrol has strong cardioprotective, neuroprotective, anti-cancer and anti-aging properties for several chronic conditions such as cancer, cardiovascular diseases, and neurological diseases. Thus, the rising prevalence of these diseases is expected to play a pivotal role in the growth of the resveratrol market in the coming years. Moreover, increasing research and development activities for resveratrol tends to increase and improve anti-cancer activity, and bioavailability profile. With research interventions resveratrol is majorly utilized in dietary supplement application, and its antioxidant property makes it to be the preferred option for cosmetics industry. In addition, some other benefits of resveratrol include cell protection against free radical damage, lowers the blood pressure, normalize anti-inflammatory response. Thus, wide application areas and high health benefits offered by resveratrol is expected to offer immense growth opportunities in the future. Moreover, there are numerous domestic and international industry players offering wide range of resveratrol products which will further boost market expansion in the coming few years. Evolva and DSM are the prominent companies that are engaged in developing resveratrol for use in dietary and food supplement application areas. For instance, in 2016, DSM received European Union (EU) novel foods approval for resVida, a high purity trans-resveratrol used in food supplements. Similary, evovla launched Veri-te Aqua, water or fat-soluble resveratrol. The firm also developed Veri-Sperse resveratrol CWD 90% in collaboration with Pharmako Technologies. It is a novel, unique and innovative cold-water dispersible resveratrol powder proven to enhance bioavailability.
The global resveratrol market has been segmented based on product, application, form, distribution channel, and region. Based on product, the global resveratrol market is categorized into natural resveratrol and synthetic resveratrol. Natural resveratrol segment is further sub-divided into grape seed extracted and knotweed extracted. Natural resveratrol segment held significant share of the global market in 2019. Application-wise, the global resveratrol market is segmented into cosmetics, dietary supplements, pharmaceutical, and others. Pharmaceutical segment is expected to grow at a rapid pace over the forecast period. Resveratrol is extensively used in pharmaceutical industry owing to its cardio protective, antiviral, anti-carcinogenic, neuroprotective, antioxidant and anti-inflammatory properties. Resveratrol inhibits the proliferation of a variety of human cancer cell lines which is expected to drive its demand over the coming years.
By form, the global resveratrol market is segmented into liquid, solid/powder, and pill. On the basis of distribution channel, the global resveratrol market is categorized into retail stores, online stores and others. Retail stores segment accounted for dominant share of the market in 2019 owing to easy availability of resveratrol in retail outlets. These products are already available in prominent outlets such as CVS and Walgreens, which have a strong footprint in the retail segment.
The global resveratrol market is cumulative to North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America dominated the global resveratrol market in 2019, however Asia Pacific is expected to grow at a highest pace through 2028.
U.S. dominates the North America resveratrol market owing to rapid adoption of nutraceuticals and dietary supplements. It is estimated that, more than three-quarters of adults in the country take supplements owing to health benefits. Resveratrol is widely adopted in the region owing to its anti-inflammatory, antioxidant, cardioprotective effects. Furthermore, well-established healthcare infrastructure, and presence of key industry players are other major factors likely to boost the growth of the market in North America.
However, Asia Pacific is expected to grow at a rapid pace over the next few years. China and Japan have a significantly high production of resveratrol extracted from knotweed. Being a potent anti-oxidant, resveratrol is widely adopted in China and Japan in cosmetics owing to its anti-aging properties which is anticipated to augment growth of resveratrol market in Asia Pacific.