The global resveratrol market is expected to grow at a CAGR of 8.2% from 2021 to 2028. The market size was valued at USD 82.4 million in 2020 and is expected to reach USD 154.5 million by 2028. The major drivers for the growth of the Resveratrol Market include the increasing demand for dietary supplements and nutraceuticals, growing awareness of the health benefits of resveratrol, and increasing research and development activities for resveratrol-based products.
The dietary supplements segment holds the largest share of the resveratrol market, accounting for over 50% of the total market in 2020. This is due to the increasing use of resveratrol supplements for their potential health benefits. The cosmetics segment is also expected to witness significant growth in the coming years due to the increasing use of resveratrol in anti-aging and skin care products.
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