Resveratrol Market Significantly Support Market Growth by Top Players | SkinCeuticals, Evolva SA, DSM Nutritionals, Jeunesse Global, VitaMonk, Helix Healthstore, Terraternal, Andorra Life

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.

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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.

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.

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Online distribution channel is expected to show a significant growth during the forecast period as key players in the market are more focused to expand online channels to increase its sale. For instance, Helix Healthstore and VitaMonk, both launched resveratrol-based supplements in 2016, to sell with online channel, Amazon.com Inc.

Increasing ageing population and high prevalence of diabetes, cardiovascular disease, and cancer are expected to propel demand for resveratrol supplements over the forecast period. For instance, according to the United Nations estimates, in 2017, around 962 million people were aged 60 or over, globally. The number of older persons in the world is projected to be 1.4 billion in 2030 and 2.1 billion in 2050.

Major players operating in the resveratrol market include SkinCeuticals, Evolva Holding SA, DSM Nutritionals, Jeunesse Global, VitaMonk, Helix Healthstore, Terraternal, Andorra Life, ResVitale, LLC, Endurance Products Company, RevGenetics, SiChuan Xieli Pharmaceutical Co., Ltd. and others

Global Resveratrol Market, By Application:
Cosmetics
Dietary Supplements
Pharmaceutical
Others
Global Resveratrol Market, By Dosage Form:
Tablet
Capsule
Liquid
Global Resveratrol Market, By Distribution Channel:
Retail Channels
Online Channels
Others

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