Resveratrol Market, by Application (Cosmetics, Dietary Supplements, Pharmaceutical, and Others), by Dosage Form (Tablet, Capsule, and Liquid), by Distribution Channel (Retail Channel, Online Channels and Others), and Region (North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa) - Size, Share, Trends, and Forecast to 2026

Published In : Nov 2018

Code : CMI2267

Pages :150

Formats :

Excel and PDF

Industry : Pharmaceutical

Resveratrol MarketSize and Trends

The global resveratrol market size was valued at US$ 69.1 Mn in 2017, and is expected to witness a CAGR of 9.7% during the forecast period (2018 – 2026).

Application of Resveratrol in Cosmetics and Dietary Supplements is Expected to Significantly Support Market Growth

Global cosmetic industry is witnessing robust growth and is expected to expand in the near future. This is due to increasing awareness of skincare among the population. The application of resveratrol in cosmetic industry is expected to drive global resveratrol market growth during the forecast period. Various key players launched its novel skincare products containing resveratrol, as an active ingredient.

For instance, in 2014, SkinCeuticals, a company involved in development of skincare products, expanded its resveratrol portfolio, with launch of Resveratrol B E, an antioxidant night concentrate, which drives skin's internal antioxidant defense system and helps to heal and reduce skin damages. Resveratrol B E contains a maximized concentration of 1% pure soluble resveratrol synergistically enhanced with baicalin and vitamin E for extra antioxidant protection. Launches of such novel products are expected to support growth of global resveratrol market during the forecast period.

Approvals and launches of novel resveratrol-based food and dietary supplements are expected to support growth of the global resveratrol market. For instance, in 2016, DSM Nutritional Products received European Union (EU) novel foods approval for resVida, a high purity trans-resveratrol, used in food supplements in capsule or tablet form, at doses of up to 150 mg per day.