Resveratrol belongs to a class of polyphenolic compounds called stilbenes. Resveratrol can be derived from red grape skin, Japanese knotweed (polygonum cuspidatum, peanuts, blueberries and some other berries and have potential antioxidant activities. It causes the body to efficiently detoxify molecules that oxidize other molecules and tissues as other antioxidants. Resveratrol is widely used in cosmetic industry as anti-ageing treatment and used as a dietary supplement to treat and manage ageing. Furthermore, resveratrol have properties to treat and manage various disease such as cancer, cardio-vascular disease, diabetes, neurological diseases, and others.
Market Dynamics
Increasing launches and approvals of new resveratrol products in the market is expected to drive the global resveratrol market growth during the forecast period. For instance, in, 2016, VitaMonk, a natural products manufacturer company, expanded its portfolio with the launch of resveratrol and pterostilbene products. Resveratrol and pterostilbene are powerful antioxidants and work together to help the body to naturally boost production of adenosine triphosphate (ATP).
Furthermore, rising prevalence of ageing population, cardiovascular diseases, cancer, diabetes, neurological diseases and others are expected to rise demand for resveratrol products. For instance, according to data published by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in 2016, Asia Pacific constituted around 60% of the world’s geriatric population. It was estimated that in 2016, around 547 million people were aged above 60 years in Asia Pacific and this number is expected to double and reach around 1.3 billion by 2050.
According to the American Heart Association statistics 2018, cardiovascular disease is the leading global cause of death, accounting for over 17.9 million deaths per year in 2015, and is expected to grow to over 23.6 million by 2030.
Key features of the study
Market Segmentation
Market Segmentation
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients