The Europe Resveratrol Market would witness market growth of 7.6% CAGR during the forecast period (2021-2027).
Resveratrol’s chemical name is 3,5,4'-trihydroxy-trans-stilbene and is also found in Japanese knotweed, peanuts, red grape skin, blueberries, and some other kinds of berries. Resveratrol is a powerful antioxidant that is produced by the above-mentioned plants. In addition, it helps plants in protecting themselves from environmental stresses. The antioxidants present in resveratrol helps in neutralizing free radicals that are responsible to cause aging. Moreover, Japanese knotweed is a plant that contains a high level of resveratrol.
The high demand for dietary supplements in countries like Germany would fuel the demand for resveratrol in the region In addition, the rising spending of the consumers on dietary supplements would accelerate the demand and growth of the regional resveratrol market in the coming years. The increasing significance of resveratrol among the manufacturers in this region would open new growth avenues for the regional resveratrol market during the forecast period. This would support the growth of the regional resveratrol market.
The Germany market dominated the Europe Resveratrol Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $8,580.2 Thousands by 2027. The UK market is anticipated to grow at a CAGR of 6.8% during (2021 - 2027). Additionally, The France market would experience a CAGR of 8.4% during (2021 - 2027).
Based on Product Type, the market is segmented into Natural Resveratrol and Synthetic Resveratrol. Based on Application, the market is segmented into Nutraceuticals, Pharmaceuticals, Cosmetics and Other Applications. Based on Form, the market is segmented into Liquid and Powder. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Resveratrol Market Size will Hit $129.4 Million by 2027, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke DSM N.V., Evolva Holding SA, Sabinsa Corporation, Lonza Group AG, Maypro, Laurus Labs Limited, JF Natural, Great Forest Biomedical Ltd. and Chengdu Yazhong Bio-pharmaceutical Co., Ltd.
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