Resveratrol Market Analysis, COVID-19 Impact, Future Growth Trends By Top Key Players And Forecast 2028

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Summary

The global Resveratrol Market in 2020 is estimated for more than US$ 77.2 Mn and expected to reach a value of US$ 163.2 Mn by 2028 with a significant CAGR of 9.8%.

Press Release

Brooklyn, New York, USA, 2021-Apr-29 — /Meridian Market Consultants/ — An overview of conceptual frameworks, analytical approaches of the Resveratrol Market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The resveratrol market is expected to grow at a significant rate in the near future.

The global Resveratrol Market in 2020 is estimated for more than US$ 77.2 Mn and expected to reach a value of US$ 163.2 Mn by 2028 with a significant CAGR of 9.8%.

Resveratrol is a polyphenolic phytoalexin, a compound obtained from grapes, and is widely used as a dietary supplement. Resveratrol is produced by several plants in response to injury or when the plant is under attack by pathogens such as bacteria or fungi. Resveratrol is known to prevent diseases such as diabetes, cancer, and cognitive decline, delays aging.

To Identify the Key Trends in the Global Resveratrol Industry, Visit: https://meridianmarketconsultants.com/global-resveratrol-market

A number of beneficial health effects, such as anti-cancer, antiviral, neuroprotective, anti-aging, anti-inflammatory, and life-prolonging effects have been reported for resveratrol. Resveratrol is recommended as a pill of 100 mg to 500 mg per day.

Resveratrol Market Dynamics

Growing awareness of health and wellbeing are the primary factors driving the growth of the global resveratrol market over the forecast period. Over time people are becoming more health cautious and are adopting a healthy lifestyle.

The increasing prevalence of chronic diseases such as diabetes, cancer, obesity, stress, and depression are some other factors driving the growth of the global resveratrol market. However, low penetration of resveratrol in emerging markets is restraining the growth of the global resveratrol market.

Resveratrol Market Key Players

Global resveratrol market is dominated by DSM Nutritionals, Jeunesse Global, Sirtris Pharmaceuticals, Inc., Hill Pharmaceutical Co., Ltd., Resveratrol Enhanced Pty Ltd, Terraternal, Andorra Life, ResVitale, LLC, ASN Pharmaceutical LLC, Endurance Products Company, RevGenetics, Xieli Pharmaceutical, and Evolva etc. among others.

Resveratrol Market Segmentation

The global resveratrol market is segmented on the basis of product type, application, distribution channel, and region. On the basis of product type, the global market is segmented into powdered form, liquid supplements, and red wine pill. Based on the application global resveratrol market is segmented into dietary supplements, pharmaceuticals, cosmetics, and others. On the basis of distribution channels, the global resveratrol market is segmented into retail pharmacies, drug stores hypermarket/supermarket, e-commerce, and others.

The global resveratrol market is expected to increase at a steady CAGR over the forecast period owing to increasing production of fish oil and growing clinical applications of fish oil.