Global Resveratrol Market - Industry Trends and Forecast to 2029

The resveratrol market is expected to witness market growth at a rate of 10.00% in the forecast period of 2022 to 2029. Data Bridge Market Research report on resveratrol market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in health consciousness globally is escalating the growth of resveratrol market.

Resveratrol refers to a type of polyphenolic compound that is developed from various fruits such as blueberry and grapes, among others. This product is widely used as antioxidant agent and key compound in red wine. Resveratrol possesses various benefits and helps in treatment of cardiovascular diseases, metabolic disorders and cancer, among others.

The increase in demand for dietary supplements across the globe acts as one of the major factors driving the growth of resveratrol market. The rise in the popularity of the product among the geriatric and fitness enthusiasts due to its high anti-antioxidant content and phenolic functions, and high prevalence of health issues such as cardiovascular diseases accelerate the market growth. The increase in the consumption of nutraceutical among the population, and rise in usage of resveratrol in the cosmetic industry further influence the market growth. Additionally, rise in demand for healthy food, increase in health consciousness, surge in disposable income, surge in investments and high usage in the pharmaceuticals positively affect the resveratrol market. Furthermore, increase in healthy product launches extends profitable opportunities to the market players in the forecast period of 2022 to 2029.

On the other hand, availability of substitute and low penetration in developing countries are expected to obstruct the market growth. The stringent regulations are projected to challenge the resveratrol market in the forecast period of 2022-2029.

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