Resveratrol Market Set to Soar: Projected to Reach $131M by 2030 Amid Surging Health & Beauty Trends
Driven by rising health awareness and the booming cosmetics industry, the resveratrol market is set for rapid growth.
WILMINGTON,NEW CASTLE, DELAWARE, UNITED STATES, September 2, 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 size 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
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 the resveratrol in pharmaceutical applications to treat cancer, heart health and other chronic and cardiovascular disease has also contributed towards resveratrol market growth.
Additionally, the aging population is expected to provide lucrative opportunities for the expansion of cosmetic industry in the countries like Japan, Latin America and others. According to 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 resveratrol market from 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 are important ingredient in cosmetics as they offer antioxidant protection and also protect skin from UV radiation. Thereby these 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 boost the demand for resveratrol from the nutraceuticals industry. This, in turn, has made 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.
Region 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 xx % from 2021 to 2030.
- By application, the nutraceutical segment accounted for the highest market share in 2020, growing at a CAGR of xx % from 2021 to 2030.
- By region, North America occupied the maximum share in the market in 2020 and is expected to be the dominating 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 is 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 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 of "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 domain.
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 utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality of data and help clients in every way possible to achieve success. 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 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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