Powdered Resveratrol Market Size (2023 – 2030)

The Global Powdered Resveratrol Market was valued at USD 71.9 million and is projected to reach a market size of USD 120.79 million by the end of 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 6.7%.

Resveratrol is a natural compound found in some plants like grapes, berries, and peanuts. It has a lot of health benefits due to its antioxidant and anti-inflammatory properties. It is often consumed as a dietary supplement either in powdered or liquid form. Consumers choose powdered form for better absorption. The market has seen steady growth in the manufacturing and selling of powdered resveratrol supplements. Research and scientific studies show its health benefits including its effect on inflammation, aging, and cardiovascular health. An increase in consumer awareness of health and wellness drives the demand for Powdered Resveratrol Market. Key players in this market are DSM Nutritional Products, Terraternal, Evolva, Biotivia, and Naturex.

Key Market Insights:

• According to a study, powdered resveratrol usage is up by 75% for heart health. 90% of consumers choose powdered form for better absorption. Also, 80% prefer natural sources in powdered resveratrol supplements.

• Based on the type, Natural Powdered Resveratrol occupies the highest share of the market and Synthetic Powdered Resveratrol is the fastest-growing segment during the forecast period.

• By formulation, Isolated Powdered Resveratrol occupied the highest share of the market at around 47% according to a report published by NCBI.

• In 2022, the Dietary Supplements segment occupies the highest market share about 60% of the market and the fastest-growing segment is expected to be cosmetics due to the anti-aging and skin health benefits of Powdered Resveratrol.

• In 2022, North America occupies the highest share of about 45% of the market and Asia-Pacific will be the fastest-growing segment during the forecast period due to the growing health and wellness sector.

Powdered Resveratrol Market Drivers:

An increase in consumer awareness of health and wellness drives the market demand for Powdered Resveratrol Market.

Powdered Resveratrol has a lot of health benefits and more people are becoming aware of its antioxidant property which is associated with heart health, anti-aging, and other wellness benefits. This drives the Powdered Resveratrol Market to a greater extent. Consumers are using more supplements to maintain their natural well-being. More consumers are using it to support their health. This trend also creates a surge in the Powdered Resveratrol Market. It is mainly popular for its usage during the treatment of heart issues. Natural or organic Powdered Resveratrol supplements are more in demand as consumers prefer them over other supplements and have a greater absorption rate.

Rising demand for anti-aging products has boosted the market for Powdered Resveratrol Market.

With a rise in the growing population, there is a greater demand for supplements to slow down the aging process and promote youthful vitality. Powdered Resveratrol supplements have anti-aging properties that slow down the aging process. This drives the Powdered Resveratrol Market. The potential health benefits like cardiovascular benefits, anti-inflammatory effects, and antioxidant properties of Powdered Resveratrol supplements promote healthy aging. As the global population continues to age, there is more demand for Powdered Resveratrol supplements that have anti-aging properties.

Competitive Intelligence Software Market Restraints and Challenges

The major challenge faced by the Powdered Resveratrol Market is the limited clinical trials and evidence. There need to be more clinical trials with the usage of Powdered Resveratrol supplements to establish safety and enhance their efficiency for various health claims. Powdered Resveratrol supplements are under regulatory scrutiny and compliance with standards set by agencies like the FDA. It can be a challenge for manufacturers. Another challenge is the high production cost of Powdered Resveratrol supplements which affects pricing. Production of high-quality Powdered Resveratrol supplements with natural sources like grapes and other botanicals can be expensive.

Powdered Resveratrol Market Opportunities:

The Powdered Resveratrol supplements have various opportunities in the market. With the increase in awareness of its health benefits, the market is anticipated to witness significant growth in the coming years. Online Retail and E-Commerce provide opportunities for the Powdered Resveratrol market as it helps to reach global consumers. Natural or organic Powdered Resveratrol supplements are more in demand as consumers prefer them over other supplements due to their no side effects. The potential health benefits like cardiovascular benefits, anti-inflammatory effects, and antioxidant properties of Powdered Resveratrol supplements promote its market opportunities.

POWDERED RESVERATROL MARKET REPORT COVERAGE:

Powdered Resveratrol Market Segmentation: By Type 

• Natural Powdered Resveratrol

• Synthetic Powdered Resveratrol

In 2022, based on market segmentation by type, Natural Powdered Resveratrol occupies the highest share, 45% of the market. It is due to many factors. Natural Powdered Resveratrol is more in demand as consumers prefer them over others due to their no side effects. High-quality Powdered Resveratrol supplements with natural sources like grapes and other botanicals are in greater demand.

Synthetic Powdered Resveratrol is the fastest-growing segment and is growing at a fast CAGR of 20% during the forecast period. This is due to its cost-effectiveness. Manufacturers prefer Synthetic Powdered Resveratrol over Natural Powdered Resveratrol as the production of high-quality supplements with natural sources like grapes and other botanicals can be expensive.

Powdered Resveratrol Market Segmentation: By Formulation

• Isolated Powdered Resveratrol

• Blended Powdered Resveratrol

In 2022, based on market segmentation by formulation, Isolated Powdered Resveratrol occupied the highest share of the market at around 47%. This is due to the high demand for pure and concentrated resveratrol in supplements. Isolated Powdered Resveratrol is the most bio-available form as it can be readily absorbed and utilized by the body

Blended Powdered Resveratrol is the fastest-growing segment during the forecast period and is growing at a CAGR of more than 15%. This is because it combines with other compounds like antioxidants, vitamins, and minerals to target specific health concerns.

Powdered Resveratrol Market Segmentation: By Application 

• Dietary Supplements

• Pharmaceuticals

• Cosmetics

• Others

In 2022, the Dietary Supplements segment occupies the highest market share about 60% of the market. Consumers are using more dietary supplements to maintain their natural well-being. More consumers are using it to support their health due to its antioxidant and anti-inflammatory properties.

The fastest-growing segment is expected to be cosmetics due to the anti-aging and skin health benefits of Powdered Resveratrol. Consumers are constantly looking for beauty products with natural ingredients. Powdered Resveratrol has anti-aging properties which make them an excellent choice for cosmetic formulations.

Powdered Resveratrol Market Segmentation: Regional Analysis

• North America

• Asia-Pacific

• Europe

• South America

• Middle East and Africa

In 2022, North America occupies the highest share of about 45% of the market. North America has well advanced and established health industry, especially with nations like the U.S. and Canada. Historically, North America has been the major consumer of dietary supplements and health products. This contributed to North America being the largest market for Powdered Resveratrol

Asia-Pacific is the fastest-growing segment during the forecast period due to significant growth in the health and wellness sector. Countries like India, China, and Japan have seen a rise in the Powdered Resveratrol market due to its growing aging population and rising awareness of the health benefits of Powdered Resveratrol.

COVID-19 Impact Analysis on the Global Powdered Resveratrol Market:

The pandemic had a significant impact on the Powdered Resveratrol Market. Businesses had to deal with disruptions in supply chains changes in customer behavior, and increased competition for the immunity-boosting supplements. It affected the production and manufacturing of raw materials for Powdered Resveratrol. This led to the fluctuations in the pricing of Powdered Resveratrol. The demand for Immunity-boosting supplements during the pandemic was high. This also contributed to the market growth of Powdered Resveratrol during the pandemic.

Latest Trends/ Developments:

Personalized nutrition and customized formulation of Powdered Resveratrol is the latest development to meet individual health needs. Research and ongoing trials may lead to finding more applications of Powdered Resveratrol. It has anti-aging properties which make them key ingredient for cosmetics. As a result, more and more cosmetic products with Powdered Resveratrol formulations are coming to market. Natural or organic Powdered Resveratrols are more in demand and the latest trend among consumers.

Key Players:

1. DSM Nutritional Products

2. Terraternal

3. Evolva

4. Biotivia

5. Naturex (now part of Givaudan)

6. InterHealth Nutraceuticals (acquired by Lonza)

7. Maypro Industries

8. GlaxoSmithKline (GSK)

9. JF-NATURAL

10. NutraGenesis (acquired by Lonza)