Resveratrol Market Expected to Reach $131.0 Million by 2030: Rising Consumer Awareness Drives Growth
Increasing Demand for the Resveratrol in Pharmaceuticals, Nutraceuticals, and Cosmetics Industries Drives Market Expansion.
WILMINGTON,NEW CASTLE, DELAWARE, UNITED STATES, May 29, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled โResveratrol Market by product type, application: global opportunity analysis and industry forecast, 2021โ2030,โ The global resveratrol market was valued at $71.9 million in 2020 and is projected to reach $131.0 million by 2030, registering a CAGR of 6.2% from 2021 to 2030.
๐ ๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐๐๐ฒ @ https://www.alliedmarketresearch.com/request-sample/A14242
๐๐ฑ๐๐ข๐ญ๐ข๐ง๐ ๐๐๐๐๐ซ ๐๐ฅ๐๐ซ๐ญ! ๐ ๐๐๐ญ ๐ ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐๐จ๐ฎ๐ซ ๐๐๐ฑ๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐! ๐๐ฎ๐ฒ ๐ง๐จ๐ฐ ๐๐ง๐ ๐ญ๐๐ค๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฅ๐ข๐ฆ๐ข๐ญ๐๐-๐ญ๐ข๐ฆ๐ ๐จ๐๐๐๐ซ. ๐๏ธ
The rising consumer awareness regarding the health benefits offered by resveratrol as a supplement is anticipated to remain a major driving factor for the growth of the resveratrol market over the forecast period. Inherent benefits of resveratrol in pharmaceutical applications to treat cancer, heart health, and other chronic and cardiovascular diseases have also contributed to resveratrol market growth.
Additionally, the aging population is expected to provide lucrative opportunities for the expansion of the cosmetic industry in countries like Japan, Latin America, and others. According to the WHO, the population in Latin America is aging at a rapid pace. Thus, this in turn is likely to offer immense opportunity for the growth of the resveratrol market in the cosmetics industry during the forecast period in terms of value sales.
The usage of resveratrol as an ingredient in the cosmetic industry is significantly rising at a steady pace. This is attributed to various skin benefits associated with the use of resveratrol in various cosmetic products. Resveratrol is an important ingredient in cosmetics as it offers antioxidant protection and also protects skin from UV radiation. Thereby, the aforementioned benefits offered by resveratrol as an ingredient in cosmetics have increased its adoption among the manufacturers of the cosmetics industry, which, in turn, has propelled the growth of the overall resveratrol market in terms of value sales.
The outbreak of coronavirus has positively impacted the resveratrol industry, along with all stages of supply chain and value chain. Owing to the COVID-19 outbreak, consumers all around the world became health conscious and in order to boost their immunity power, consumers were getting more inclined towards the consumption of dietary supplements made of invasive ingredients, including resveratrol, which in turn has boosted the demand for resveratrol from the nutraceuticals industry. This, in turn, has had a positive impact on growth of the resveratrol market.
๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ : https://www.alliedmarketresearch.com/connect-to-analyst/A14242
๐กThe global resveratrol industry is segmented are categorized into product type, form application and region.
๐กBy product type, it is classified into natural resveratrol and synthetic resveratrol. By form, the market is bifurcated into powder and liquid.
๐กBy application, it is divided into pharmaceuticals, nutraceuticals, cosmetics and others.
๐กRegion wise, the market is analyzed across North America (the U.S., Canada and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, South Korea, ASEAN and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Argentina and Rest of LAMEA).
โ ๐๐๐ฒ ๐๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ฌ๐ญ๐ฎ๐๐ฒ
By product type, the natural resveratrol segment accounted for the highest share in 2020, growing at a significant CAGR from 2021 to 2030.
By form, the powder segment accounted for the highest resveratrol market share in 2020, growing at a CAGR of x% from 2021 to 2030.
By application, the nutraceutical segment accounted for the highest market share in 2020, growing at a CAGR of x% from 2021 to 2030.
By region, North America occupied the maximum share of the market in 2020 and is expected to be the dominant segment during the resveratrol market forecast period.
๐ ๐๐๐ค๐ ๐ ๐๐ข๐ซ๐๐๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ๐ฌ! ๐๐ข๐ฆ๐ข๐ญ๐๐ ๐๐ข๐ฆ๐ ๐๐๐๐๐ซ: ๐๐๐ฒ ๐๐๐๐ - ๐๐ฎ๐ฅ๐ฒ ๐๐๐๐ : https://www.alliedmarketresearch.com/checkout-final/fe755b94466e1e7f9f8f9b9d0303d46a
Companies can operate their business in highly competitive market by launching new products or updated versions of existing products. Agreement with key stakeholders are expected to be a key strategy to sustain in the market. In the recent past, many leading players opted for partnership strategies to strengthen their foothold in the market. To understand the key resveratrol market trends, strategies of leading players are analyzed in the report.
๐๐๐จ๐ฆ๐ ๐ญ๐ก๐ ๐ค๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฌ๐ฏ๐๐ซ๐๐ญ๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐๐ฅ๐ฎ๐๐๐ฌ
๐ botaniex inc.
๐ chongqing kerui nanhai pharmaceutical co. ltd.
๐ evolva
๐ foodchem international corporation
๐ good-yg-biotech
๐ haihang industry co. ltd
๐ hubei sanxin biotechnology co.
๐ limited, honghao herbs
๐ sichuan xieli pharmaceutical co. ltd
๐ xi'an chen lang biological technology co. ltd
ยซ ยป ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We have professional corporate relations with various companies, and this helps us dig out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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