Market Analysis and Insights:
The market for Resveratrol was estimated to be worth USD 130 million in 2024, and from 2024 to 2034, it is anticipated to grow at a CAGR of 8.01%, with an expected value of USD 357.31 million in 2034.
The market for Resveratrol is driven by multiple factors that stimulate its expansion and appeal. One key element is the rising consumer awareness regarding the potential health advantages of Resveratrol, a compound present in various natural sources like grapes, berries, and peanuts. Resveratrol is acclaimed for its antioxidant properties, offering protection against chronic ailments such as cardiovascular disorders, cancer, and diabetes. Furthermore, the increasing aging demographic contributes to the market growth, given Resveratrol's purported anti-aging effects and its potential to enhance overall health and longevity. Moreover, the escalating inclination towards healthier lifestyles and the surge in demand for natural and organic products further bolster market expansion. The utilization of Resveratrol in the pharmaceutical sector for creating medications and supplements also serves as a catalyst. Nevertheless, challenges like the scarcity of natural sources and high production costs could impede market progress.
Resveratrol Market scope:
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2034 |
Study Period | 2018-2034 |
Forecast Unit | Value (USD) |
Revenue forecast in 2034 | USD 357.31 million |
Growth Rate | CAGR of 8.01%, during 2024-2034 |
Segment Covered | By Product, By Form, By Isomer, By End User, By Region. |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Evolva Holding SA, DSM Nutritional Products AG, Arkopharma Laboratories, Chengdu Okay Plant & Chemical Co., Ltd., Grassroots Herb Supply Co., Ltd., Xi'an Lyphar Biotech Co., Ltd., Nantong Desheng Fine Chemical Co., Ltd., Hangzhou Dayangchem Co., Ltd., Shaanxi Joryherb Bio-Technology Co., Ltd., and Shanghai Chuxin Chemical Co., Ltd. |
Market Definition
Resveratrol is an organic substance present in plant sources like grapes, renowned for its perceived health advantages. This polyphenol exhibits antioxidant characteristics and could potentially offer protective properties against a range of ailments.
Resveratrol, a naturally occurring compound present in a variety of plants like grapes, berries, and peanuts, has garnered significant attention in recent times for its potential health advantages. This potent antioxidant has been the subject of extensive investigation for its ability to potentially prevent chronic illnesses and enhance overall health. Research indicates that resveratrol may aid in reducing inflammation, safeguarding against oxidative stress, and maintaining cardiovascular well-being. Furthermore, it has displayed anti-cancer properties and could play a role in weight management and cognitive function. While further research is necessary to comprehensively grasp the mechanisms and lasting impacts of resveratrol, its prospects as a natural supplement for fostering a healthy lifestyle render it a pivotal subject of scientific inquiry.
Key Market Segmentation:
Insights On Key Product
Fermentation
The fermentation process is projected to take the lead in the worldwide resveratrol market. This trend is chiefly driven by the increasing desire for natural and eco-friendly goods across diverse sectors such as pharmaceuticals, cosmetics, and nutritional supplements. Fermentation-based resveratrol production offers several advantages, such as a lower environmental impact, higher yield, and the absence of synthetic chemicals. Moreover, it enables producers to meet the rising consumer inclination towards natural components, thereby fueling market expansion.
Extract
The extract part is anticipated to hold a significant share in the global resveratrol market. Resveratrol can be extracted from various natural sources, including grapes, peanuts, and berries. The extract part benefits from the widespread availability of these sources, which allows for large-scale production. Moreover, the extract-based resveratrol offers comparable quality and potency, making it a preferred choice in certain applications.
Synthetic
While fermentation and extract-based resveratrol dominate the market, the synthetic part is expected to hold a smaller share. Synthetic resveratrol is chemically synthesized, typically using petrochemical-derived compounds. Although it offers cost advantages and can be produced on a large scale, synthetic resveratrol faces challenges due to increasing consumer preference for natural and organic alternatives. Consequently, the demand for synthetic resveratrol is projected to be comparatively lower than fermentation and extract-based alternatives.
Insights On Key Form
Powder
The dominating part among the forms (powder, liquid) in the global resveratrol market is the Powder form. Resveratrol powder finds extensive application across multiple sectors such as food and beverage, pharmaceuticals, and cosmetics. It offers numerous advantages, including simplified storage, prolonged shelf life, and convenient transportability. Moreover, powdered resveratrol can be easily incorporated into different formulations and is highly versatile in terms of application, making it the dominant form in the global market.
Liquid
The liquid form of resveratrol, although not dominating, still holds a significant share in the global market. Liquid resveratrol offers certain specific benefits, such as better absorption rates, quick assimilation by the body, and ease of consumption. It is commonly found in liquid supplements, beverages, and oral sprays. While it may not have the same level of versatility as powdered resveratrol, the liquid form caters to consumers who prefer convenient and readily consumable products in the global market.
Insights On Key Isomer
Trans-Resveratrol is expected to dominate the global resveratrol market due to its higher bioavailability and presence in a wide range of dietary supplements and functional food products. Its myriad health advantages, such as its antioxidant and anti-inflammatory characteristics, have bolstered its appeal among consumers and driven ened demand across diverse end-use sectors.
Cis-Resveratrol:
Cis-Resveratrol is another isomer of resveratrol, but it is projected to have a smaller market share compared to Trans-Resveratrol. It is less commonly found in natural sources and has lower bioavailability compared to its trans-isomer counterpart. However, it still holds some potential in pharmaceutical applications where its specific chemical properties can be leveraged for therapeutic purposes.
Insights On Key End Use
Skin Care dominates the Global Resveratrol market. This is because skin care products with added Resveratrol have gained popularity due to its antioxidant and anti-aging properties. The increasing consumer inclination towards natural and organic components in skincare formulations, coupled with the growing awareness of Resveratrol's benefits in diminishing wrinkles, enhancing skin elasticity, and shielding against UV damage, propels the demand for skincare products containing Resveratrol.
Hair Care:
Hair care products infused with Resveratrol are gaining traction in the market. Resveratrol is renowned for stimulating hair growth, minimizing hair loss, and enhancing overall hair condition. The rising preference for hair care products incorporating natural additives is fueling the expansion of this segment.
Makeup:
In the makeup sector, the use of Resveratrol is relatively limited. Although some cosmetic brands have introduced makeup products containing Resveratrol for its antioxidant properties, the demand for such products is not as significant compared to other parts. However, with increasing consumer focus on natural and organic makeup products, there is potential for growth in the future.
Bath Care:
Resveratrol-infused bath care products have a niche market presence. Bath care products such as bath oils, bath bombs, and bath salts with added Resveratrol are marketed for their antioxidant and skin rejuvenating properties. However, this part holds a smaller market share compared to others due to the limited usage of Resveratrol in bath care products.
Fragrance:
Resveratrol is not commonly used in fragrance products. The primary focus of fragrances is on the aroma and scent rather than the utilization of specific ingredients for their skincare properties. Hence, Resveratrol has limited application in this part.
Tools:
Resveratrol has negligible usage in tools related to skincare, hair care, makeup, or bath care. Tools such as brushes, applicators, and implements do not incorporate Resveratrol as a distinguishing feature or ingredient.
Dietary Supplements:
Dietary supplements with Resveratrol have gained popularity due to its potential health benefits, such as cardiovascular support, anti-inflammatory effects, and antioxidant properties. The growing consumer interest in preventive healthcare and natural supplements has contributed to the dominance of this part in the Resveratrol market.
Pharmaceuticals:
Resveratrol has shown promise in pharmaceutical applications due to its potential therapeutic effects. Research studies have investigated its potential benefits in various areas, including cancer prevention, neuroprotection, and anti-inflammatory properties. The pharmaceutical part shows significant potential for the utilization of Resveratrol in the development of innovative drugs.
Others:
The Others part encompasses any other specific applications of Resveratrol that do not fall under the defined categories. It may include niche or emerging applications of Resveratrol in various industries, such as food and beverages, pet care, or veterinary products. The market share of this part is relatively small due to its diverse and fragmented nature.
Insights on Regional Analysis:
North America
North America is anticipated to lead the global Resveratrol market owing to the growing recognition of its health advantages and escalating demand for nutraceuticals. The region boasts a robust healthcare infrastructure and substantial disposable income, enabling consumers to invest in premium healthcare products. Additionally, the presence of major market players and supportive government initiatives promoting the integration of natural and organic constituents further solidify North America's supremacy in the Resveratrol market.
Latin America
Latin America is expected to witness significant growth in the Resveratrol market. The region's rising population, improving healthcare infrastructure, and increasing consumer awareness regarding the benefits of Resveratrol are driving market growth. Additionally, the presence of a rich diversity of natural resources and favorable government policies for the production and export of natural ingredients offer growth opportunities for Resveratrol manufacturers in Latin America.
Asia Pacific
The Asia Pacific region holds significant promise for the Resveratrol market. Key factors driving this potential include a burgeoning health-conscious demographic, an expanding middle-class with disposable incomes, and a rising demand for functional food and dietary supplements. These elements collectively contribute to the sustained growth of the market in this region. Furthermore, the presence of a large number of Resveratrol manufacturers, particularly in countries like China and Japan, further propels the market growth in Asia Pacific.
Europe
Europe is expected to witness steady growth in the Resveratrol market. The region's strong focus on research and development, favorable government regulations promoting the use of natural and organic ingredients, and increasing consumer preference for preventive healthcare solutions drive market growth. Additionally, the presence of a large aging population seeking anti-aging solutions and the growing trend of consuming natural and herbal products further contribute to the growth of the Resveratrol market in Europe.
Middle East & Africa
Moderate growth is anticipated in the Middle East & Africa region's Resveratrol market. This trajectory is propelled by factors including escalating health consciousness, expanding disposable incomes, and ened awareness regarding the benefits of Resveratrol. However, limited availability of Resveratrol-based products and the preference for traditional remedies in certain parts of the region may hinder the market growth to some extent. Nevertheless, the growing demand for natural ingredients and increasing investment in the healthcare sector in countries like the UAE and South Africa offer potential growth opportunities.
Company Profiles:
Prominent figures within the global Resveratrol industry comprise DSM Nutritional Products, Evolva, and Endurance Products Company. These entities hold vital positions in advancing and manufacturing products reliant on resveratrol, thereby upholding standards of excellence and cutting-edge advancements within the market.
Prominent players in the Resveratrol market comprise Evolva Holding SA, DSM Nutritional Products AG, Arkopharma Laboratories, Chengdu Okay Plant & Chemical Co., Ltd., Grassroots Herb Supply Co., Ltd., Xi'an Lyphar Biotech Co., Ltd., Nantong Desheng Fine Chemical Co., Ltd., Hangzhou Dayangchem Co., Ltd., Shaanxi Joryherb Bio-Technology Co., Ltd., and Shanghai Chuxin Chemical Co., Ltd. These entities are actively engaged in the manufacturing, promotion, and supply of resveratrol, an organic compound present in various plants recognized for its potential health advantages. They vie in the areas of product excellence, pricing, and technological progressions to secure a notable market presence within the international Resveratrol sector.
COVID-19 Impact and Market Status:
The Global Resveratrol market has experienced a notable impact from the effects of the Covid-19 pandemic, characterized by supply chain disruptions and reduced demand stemming from lockdown restrictions and economic instability.
The outbreak of COVID-19 has significantly influenced the resveratrol industry. Resveratrol, a naturally occurring compound present in various plants, has garnered attention for its potential health advantages. However, the pandemic has disrupted the resveratrol supply chain, resulting in varying product availability. The imposition of lockdowns and travel constraints globally has impacted the sourcing of raw materials, manufacturing procedures, and distribution of resveratrol-related goods. Moreover, the economic downturn stemming from the pandemic has led to decreased consumer spending and lower demand for discretionary items, such as dietary supplements containing resveratrol. Nevertheless, there has been a noticeable uptick in the market for immune-boosting supplements, with resveratrol, recognized for its antioxidant and anti-inflammatory properties, falling under this classification. With consumers showing a growing interest in health and natural remedies, post-pandemic demand for products containing resveratrol may rise. However, the overall repercussions of COVID-19 on the resveratrol sector will hinge on factors like the progress of vaccination efforts, economic rebound, and the potential occurrence of subsequent virus waves.
Latest Trends and Innovation:
- In October 2020, DSM, a worldwide science-oriented enterprise specializing in Nutrition, Health, and Sustainable Living, revealed its acquisition of First Choice Ingredients, a prominent supplier of clean label, dairy-derived flavors, and ingredients.
- In September 2020, ADM, a global leader in human and animal nutrition, announced the launch of ResVida® APS, a resveratrol-based ingredient for use in dietary supplements and functional food.
- In August 2020, Biotivia, a leading provider of resveratrol-based supplements, announced a partnership with Transmax, a manufacturer specializing in isolated polyphenol preparations.
- In July 2020, Evolva, a Swiss biotech company, announced the successful commercial production of resveratrol using its fermentation-based platform.
- In June 2020, Jeunesse Global, a direct selling company specializing in skincare and wellness products, announced the launch of Resveratrol Blend, a dietary supplement containing resveratrol and other antioxidants.
- In April 2020, Sirtris Pharmaceuticals, a subsidiary of GlaxoSmithKline, announced positive results from a Phase 2 clinical trial evaluating its resveratrol-based drug candidate for the treatment of non-alcoholic fatty liver disease.
- In March 2020, ChromaDex, a natural product company, announced a collaboration with Nestlé Health Science to further investigate the potential health benefits of resveratrol.
- In January 2020, Xi'an Chinwon Biotech, a leading manufacturer of natural ingredients, announced the development of a new extraction method that increases the purity and bioavailability of resveratrol.
- In December 2019, Garden of Life, a leading organic and natural supplement company, announced the launch of Resveratrol 600mg, a high-potency resveratrol supplement derived from organic grapes.
- In October 2019, Tocris Bioscience, a supplier of high-performance life science reagents, announced the availability of SRT1720, a selective activator of the SIRT1 enzyme, which is involved in the anti-aging effects of resveratrol.
Significant Growth Factors:
Factors contributing to the notable expansion of the Resveratrol market comprise ened consumer consciousness regarding health advantages, rising preferences for natural and eco-friendly goods, and broadening utilization in the pharmaceutical and cosmetics sectors.
The resveratrol market is poised for notable growth in the foreseeable future, propelled by several factors. A primary catalyst for this expansion is the rising consumer consciousness regarding the health advantages associated with resveratrol. Renowned for its antioxidant properties, resveratrol is believed to contribute to the prevention of chronic ailments including cancer, cardiovascular diseases, and diabetes. This has led to a higher demand for resveratrol-based products in the healthcare sector. Moreover, the trend towards natural and organic products is expected to further propel market expansion. Resveratrol, sourced mainly from natural sources like grapes, berries, and peanuts, is increasingly being utilized as a key ingredient in supplements, cosmetics, and food and beverages.
Furthermore, the global aging population is another significant factor boosting the resveratrol market. Given the perceived anti-aging properties of resveratrol, there is growing demand for products that can potentially slow down the aging process and promote longevity among consumers. Additionally, supportive regulatory policies in various industries are influencing the market in a positive manner.
Restraining Factors:
The scarcity of Resveratrol resources and the health concerns linked to excessive dosages are key factors impeding the growth of the Resveratrol market.
Various obstacles hinder the growth and potential of the Resveratrol Market. Regulatory bodies impose strict regulations and certifications, creating challenges for industry participants. Obtaining approvals is a complex and time-consuming process that impedes overall market progress. Furthermore, the high production costs act as a significant barrier to market expansion. The extraction of Resveratrol involves intricate procedures that demand expensive technologies and equipment, elevating production expenses. In addition, the scarcity of raw materials like grape skins and peanuts limits the supply and contributes to higher costs.
Moreover, there is a lack of awareness and understanding among consumers regarding Resveratrol. While the compound is increasingly recognized for its potential health benefits, many consumers are not well-informed about its uses and availability, which restricts market demand. The market is also affected by the volatility in raw material availability and climatic conditions, leading to unpredictable market dynamics.
Despite these challenges, the future of the Resveratrol Market appears promising. Technological advancements and the development of cost-effective production techniques are anticipated to reduce production costs, making Resveratrol more accessible to a wider consumer base. Additionally, enhanced awareness campaigns and marketing initiatives can help educate consumers about Resveratrol, thereby boosting its demand. The industry's continuous research and innovation suggest growth opportunities for market participants to overcome these obstacles and thrive in the years ahead.
Key Segments of the Resveratrol Market
Product Overview
- Extract
- Fermentation
- Synthetic
Form Overview
- Powder
- Liquid
Isomer Overview
- Trans-Resveratrol
- Cis-Resveratrol
End Use Overview
- Skin Care
- Hair Care
- Makeup
- Bath Care
- Fragrance
- Tools
- Dietary Supplements
- Pharmaceuticals
- Others
Regional Overview
North America
- US
- Canada
- Mexico
Europe
- Germany
- France
- U.K
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
Middle East and Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America