Product ID: SQMIG45A2180
Global Resveratrol Market Size, Share, Growth Analysis, By Product type(Natural resveratrol and synthetic reverstrol), By form(Powder and liquid) - Industry Forecast 2024-2031
Report ID:
SQMIG45A2180 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
59 |
Figures:
75
Global Resveratrol Market Insights
Resveratrol Market size was valued at USD 109.81 Million in 2021 and is poised to grow from USD 118.60 Million in 2022 to USD 219.52 Million by 2030, at a CAGR of 8 % during the forecast period (2023-2030).
The resveratrol market is experiencing significant growth due to several key factors. One of the major drivers is the increasing demand for dietary supplements worldwide. The product's popularity among the elderly and fitness enthusiasts is rising, thanks to its high antioxidant content and phenolic functions, making it a sought-after ingredient. Additionally, the high prevalence of health issues such as cardiovascular diseases is fueling the market growth. The consumption of nutraceuticals is also on the rise, and resveratrol is gaining traction in the cosmetic industry. Moreover, the growing demand for healthy food and the rising health consciousness among consumers are contributing to the market's expansion. With an increase in disposable income and investments, the demand for resveratrol in the pharmaceutical industry is also positively impacting the market. Furthermore, the launch of new and innovative healthy products is creating profitable opportunities for market players in the forecast period from 2022 to 2029. However, the market faces some challenges, including the availability of substitutes and low penetration in developing countries. Stringent regulations are also expected to pose challenges to the resveratrol market during the forecast period. This report provides comprehensive insights into the resveratrol market, covering recent developments, trade regulations, production analysis, market share, and more. It also highlights opportunities for emerging revenue pockets and technological innovations in the market. For further information on the resveratrol market, feel free to contact Data Bridge Market Research for an in-depth analysis and guidance on market growth strategies.
US Resveratrol Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Resveratrol Market Report Snapshots
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