Title: Resveratrol Market is Expected to Grow at a CAGR of Around ~8.1% During 2018 - 2028
1Latest Research Report on Resveratrol Market
Expected to Grow a CAGR of 8.1 during 2018 -
2028
Report Id REP-GB-2744 Published On 23 Jan,
2019 Category Food and Beverages
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3Research Methodology (1/2)
- Systematic Research Approach
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4Resveratrol Market
- VALLEY COTTAGE, N.Y. (GLOBE NEWSWIRE) -- The
global sales of resveratrol are likely to exceed
370 thousand units in 2019, as per a new FMI
research study. The study finds that demand for
resveratrol has significantly taken off over the
past few years on the back of growing demand from
three key verticals- cosmetics, pharmaceutical,
and dietary supplement applications. Owing to
their extraordinary capabilities in healing and
managing cardio-vascular diseases, cancer, and
neurological disorders, resveratrol is finding
extensive applications in pharmaceuticals,
notably specialty drugs. FMIs new research study
on resveratrol market enunciates on the evolving
landscape, highlighting key insights to the fore. - According to the product, natural resveratrol
remains the top-selling variant, with global
sales poised to exceed 300 thousand units in
2019. With cosmetics industry witnessing the
greatest measurable impact to date from rising
consumer bias toward natural products, the status
quo apropos of demand for natural resveratrol
remains unaltered over the forecast timespan. As
per the report, solid form of resveratrol
continues to gain immense favor with global sales
anticipated to surpass 280 thousand units in
2019, on the back of sweeping use across multiple
application verticals. - Consumer awareness with regard to resveratrols
potential health benefits has significantly
revved up, alongside favorable research studies
demonstrating its numerous health benefits.
According to the report, demand for resveratrol
in dietary supplements is emerging a palpable
trend picking in the food supplement landscape,
with resveratrol moving out of the specialty diet
space and mainstreaming in the functional food
category, says FMI report.
5Resveratrol Market
- As per the FMI report, the market growth
continues benefit from approvals sanctioned by
prominent organizations apropos of
resveratrol-based food supplement launches. For
instance, DSM Nutritional Products, a leading
food and beverage producing company, received the
European Union (EU) novel foods approval for
resVida, which is a trans-resveratrol for use in
food supplements, in either capsule or tablet
form. Particulars as such provide substantial
credence to the burgeoning adoption of
resveratrol in food and dietary supplements over
the forecast period. - With potential antioxidant capabilities, personal
care and cosmetic products containing resveratrol
remain highly-favored by customers for attaining
the desirable anti-aging effects. However, the
shorter duration of resveratrol's efficacy is
denting consumer confidence, which is posing
challenges vis-à-vis its adoption in skin care
products. - Ambiguities over Health Benefits of Resveratrol
Denting Consumer Confidence - While favorable studies vouch for the multimodal
benefits of resveratrol, specific side-effects
are likely to trigger a slowdown in the adoption
rate. For instance, as per a recent revelation by
National Institute of Health (NIH) in May 2018,
resveratrol might cause potential effects, such
as headache, nausea, fatigue, and so on.
Furthermore, some research findings have also
pinpointed that resveratrol can cause
supplement-drug interactions with anticoagulants
and estrogens, which is further expected to
hinder the adoption rate of resveratrol. - Europe is likely to show strong growth over the
forecast timeline, notably driven by strategic
mergers and acquisitions by leading players to
expand their product portfolio with
resveratrol-based offerings. For instance,
Evolva, a Swiss-based biotech company, launched
Veri-teTM, an exclusive resveratrol ingredient,
which bought a substantial hike in the companys
overall sales revenue.
6Resveratrol Market
- Companies operating in the resveratrol market are
witnessing longstanding issues in the supply
chain framework. In line with the aforementioned,
these companies are vying to deliver products
that are cost-competitive and produced via
sustainable methods, such as bio-production. Key
brands are singing strategic distribution
agreements and expanding in terms of geographical
presence as well as product ranges to solidify
their market sustenance. - Source of Press Release https//www.globenewswir
e.com/news-release/2019/03/29/1788521/0/en/Resvera
trol-Market-to-Grow-at-8-1-CAGR-by-2028-Future-Mar
ket-Insights.html - About Us
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