According to a new report Global Resveratrol Market, published by KBV research, The Global Resveratrol Market size is expected to reach $129.37 billion by 2027, rising at a market growth of 8.4% CAGR during the forecast period.
The growth of the natural resveratrol segment is attributed to an increase in awareness among the customers related to the utilization of natural ingredients and the benefits offered by them. Moreover, natural resveratrol is obtained from peanuts, grape seeds, knotweed, blueberries, and other plants, which is likely to accelerate the growth of the resveratrol market.
The usage of resveratrol in pharmaceutical, cosmetic, and other industries is generally in the form of powder. Resveratrol powder has become more popular as the core ingredient of various cosmetic products, medicines, anti-aging supplements, and other applications.
The growth of nutraceuticals segment is attributed to the growing demand and high consumption of nutraceutical supplements as they offer several health benefits like helping in maintaining cholesterol levels, reducing joint pain, decreasing blood pressure, increasing insulin sensitivity, and other medical conditions. The food and beverages segment are anticipated to exhibit the fastest growth rate of the resveratrol market during the forecasting years.
The North America market dominated the Global Resveratrol Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $48,917.5 Thousands by 2027, growing at a CAGR of 7.1 % during the forecast period.
Full Report: https://www.kbvresearch.com/resveratrol-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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