The global resveratrol market value is projected to total US$ 129 million in 2024 and US$ 356.4 million by 2034. Global sales of resveratrol are anticipated to soar at a CAGR of 10.7% during the assessment period. Information Source: https://www.futuremarketinsights.com/reports/resveratrol-market

 The global resveratrol market value is projected to total US$ 129 million in 2024 and US$ 356.4 million by 2034. Global sales of resveratrol are anticipated to soar at a CAGR of 10.7% during the assessment period.

Demand remains particularly high for extract or plant-based resveratrol, and the trend will likely continue through 2034. This can be attributed to rising consumer preference for natural and sustainable functional ingredients.

The global resveratrol industry is projected to expand rapidly during the next ten years. This is due to rising consumer awareness of the potential health benefits of resveratrol and the expanding application of functional ingredients in dietary supplements, nutraceuticals, and cosmetics.

Resveratrol is gaining wider popularity across industries like pharmaceuticals and dietary supplements. This is due to its antioxidant and anti-inflammatory properties. Resveratrol has a wide range of applications, such as dietary supplements, medications, anti-aging treatments, and more.

Resveratrol has been shown to benefit individuals with diabetes, heart disease, dental, bone, and cognitive problems. This, in turn, is increasing its usage in different medications, and the trend is expected to escalate further through 2034.

Rising demand for nutritional supplements and functional foods globally is expected to fuel the growth of the resveratrol market. Similarly, growing consumer inclination towards natural products will likely uplift resveratrol demand during the forecast period.

Another key factor expected to boost sales growth is the rising use of resveratrol in cosmetics and personal care products due to its anti-aging properties. On the other hand, issues such as stringent regulations and insufficient research on its use in multiple end-use applications are expected to limit market expansion.

Information Source: https://www.futuremarketinsights.com/reports/resveratrol-market

Key Takeaways from the Resveratrol Market Report:

  • The global resveratrol industry is projected to grow at a CAGR of 10.7% through 2034.
  • Based on form, the solid segment holds a market share of 76.2%, while the liquid segment is expected to witness a CAGR of 9.1% over the forecast period.
  • Based on end-use, the dietary supplements segment is set to total US$ 62 million in 2024.
  • Europe holds a significant market share of 9% in the global resveratrol market.
  • The United States resveratrol market is expected to grow with a CAGR of 5% through 2034.

“The resveratrol market is flourishing, driven by growing consumer demand for dietary supplements and a health-conscious approach. Manufacturers are implementing new production techniques and working in close vicinity with suppliers to meet evolving preferences. E-commerce strategies and globalized trade further strengthen accessibility, signifying a dynamic stage in the expansion of the industry.” – says a lead analyst at Future Market Insights (FMI).

Who is Winning?

DSM Nutritionals, Evolva, Endurance Product Company, Great Forest Biomedical, Laurus Labs Limited, JF-NATURAL, Sabinsa Corporation, Resvitale LLC, and Shanghai Natural Bio-engineering Co., Ltd. are key manufacturers of resveratrol listed in the report.

Key players are broadening product portfolios and applying strategies like advertising, partnerships, acquisitions, agreements, and mergers to gain a competitive edge in the market. For instance,

  • In September 2023, Evolva received approval for its Veri-te Resveratrol from the Thai Food and Drug Administration.
  • In 2021, First Choice Ingredients was acquired by Royal DSM.

Get More Valuable Insights

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global resveratrol market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the resveratrol industry based on form (solid and liquid), product type (extract, fermentation, and synthetic), and end-use (pharmaceuticals, dietary supplements, cosmetics, personal care, and others) across various regions.

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