Global 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 by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 69.1 Mn in 2017, and is projected to exhibit a CAGR of 9.7% during the forecast period (2018 – 2026).
Increasing launches of new resveratrol products in market is expected to be one of the major drivers fueling the global resveratrol market growth in the near future. For instance, in February 2017, Evolva Holding SA, a Switzerland-based pharmaceutical company launched Veri-te as its brand for resveratrol. Veri-te is readily used in a wide range of consumer health applications such as food supplements (tablets, capsules, and chews), cosmetics, energy, wellness drinks, and personal care products. In December 2016, Helix Healthstore, a natural health supplement manufacturer expanded its product portfolio with the addition of Trans- Resveratrol-Super Youth Complex products in its range of premium health supplements. Trans- Resveratrol-Super Youth Complex is a potent antioxidant supplement and contains anti-aging properties that helps to prevent cell damages caused by free radicals, maintains longevity, and promote cellular rejuvenation. In August 2017, Jupiter Orphan Therapeutics, Inc. received U.S. Food and Drug Administration (FDA) Orphan Drug Designation for its trans-resveratrol formulation, JOTROL. Based on the phase II trial, utilizing resveratrol, conducted by the company and its partner Murdoch Children's Research Institute. JOTROL is expected to be used for the treatment of Friedreich's Ataxia.
Browse 24 Market Data Tables and 28 Figures spread through 150 Pages and in-depth TOC on 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) - Global Forecast to 2026
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Wide scale application of resveratrol in cosmetic industry is also expected to be a major factor driving growth of global resveratrol market during the forecast period. For instance, in 2017, Nutrinovate, a Swedish wellness innovator, announced to integrate Evolva Holding SA’s resveratrol in its reserol skincare range. Resveratrol is a dissolvable oral film strip system, which is used to boost skin elasticity, reduce age spots and wrinkle depth, and improve skin smoothness.
Key Takeaways of the Resveratrol Market: