The changing lifestyle, growing urbanization, increasing number of people with a sedentary lifestyle has led to an increase in occurrences of various health-related issues like cardiovascular diseases, etc. With the rising awareness, many people seek for food products with ingredients with promising health benefits. There is an increased demand for dietary supplements with an increasing number of health-conscious people. Resveratrol supplements are gaining popularity for its health-boosting effects. Resveratrol is a type of polyphenol compound and is known to have various anti-aging as well as disease-fighting properties. Resveratrol is naturally found in many fruits & plants as well as is produced synthetically for its use in food supplements, personal care products, pharmaceuticals as well as several other applications. With the increasing demand for dietary supplements as well as other end-use industries especially from regions like North America, Europe, and the Asia Pacific, the global resveratrol market is expected to grow positively over the forecast period both in terms of value and volume.
Growing Demand for Resveratrol Owing to Increasing Demand for Dietary Supplements across the Globe
The increasing demand for dietary supplements is expected to increase the demand for resveratrol across the globe. Changing lifestyle, busy and hectic work life, growing unhealthy and uneven eating habits leading an increase in risk and occurrence of various health disorders are some of the prime drivers of global resveratrol market. The increasing demand for natural supplements and ingredients proves to be another positive factor growth of global resveratrol market. With the growing demand for natural products, increases the demand for products like resveratrol in the global market. Recently resveratrol has gained importance for its disease fighting and anti-aging properties. Resveratrol is known to reduce LDL or the bad cholesterol thus reducing the risk of various heart diseases, cancer as well as diabetes. With the increasing occurrences of health issues like cardiovascular diseases, obesity, etc. the demand for products like resveratrol is on the rise and is expected to increase in the near future. With its anti-aging properties, the use of resveratrol in cosmetics and personal care products is expected to increase over the forecast period. However, some issues like stringent regulatory factors as well as lack of dedicated research for its use in the various end-use application are hindering the global resveratrol market to reach its full potential
Global Resveratrol: Market Segmentation
On the basis of Product Type, global Resveratrol market can be segmented as
On the basis of Form, the global Resveratrol market can be segmented as
On the basis of End Use, the global Resveratrol market can be segmented as
Global Resveratrol Market: Key Players
The global Resveratrol market is competitive. Some of the key players in global resveratrol market include of DSM Nutritionals, Sabinsa Corporation, MAYPRO Industries, Interhealth, Laurus Labs Limited, Evolva, JF-NATURAL, Great Forest Biomedical, Resvitale LLC, Xieli Pharmaceutical, Endurance Product Company, and others. Many supplements manufacturers are taking interest to invest in global resveratrol market.
Opportunities for Market Participants
The global resveratrol market is growing and thus opening many opportunities for existing as well as emerging players. Manufacturers are investing in R&D as resveratrol has been a part of various research projects about its health benefits, in treatment or prevention of cardiovascular disease, cancer, neurodegenerative diseases, metabolic disorders, etc. With the increasing use of resveratrol in cosmetics and personal care products the manufacturers are trying to develop and launch application specific products. The growing trend of ‘move to natural’ proves to open many opportunities for the utilization of natural resveratrol in various products.
Global Resveratrol Market: A Regional Outlook
The global resveratrol market can be regionally segmented as North America, East Asia. Latin America, Europe, South Asia, Middle East & Africa and Oceania. North America, East Asia, and Europe are the key producer of resveratrol. The resveratrol market in East Asia region is expected to grow at a rapid pace over the forecast period. The increasing demand for natural and healthy products from European as well as North America region is expected to help the growth of resveratrol market over the forecast period.