Fact.MR’s latest study on the Hydroxytyrosol Marketprovide compelling insights into critical trend and opportunities creating the demand prospects during the assessment period. It also highlights potential sales pockets in terms of taxonomy including By Form(Powder Hydroxytyrosol,Liquid Hydroxytyrosol) By Product Type(95% Purity,20% Purity)
An EFSA-approved health study on olive oil polyphenols found that hydroxytyrosol supplements could improve cardiovascular health to a great extent and reduce the risk of heart problems. Owing to this fact, use of hydroxytyrosol in the development of functional foods, nutraceuticals, and dietary supplements has increased in the past half-decade.
Increasing disposable income is prompting consumers to shift towards healthier lifestyles with rising dependence on dietary supplements and nutraceuticals. In addition, hydroxytyrosol usage in cosmetic products offers superior antioxidant properties, thereby provide antiaging and anti-wrinkle effects, which is widely sought out by millennials.
North America currently consumes the most hydroxytyrosol produced across the globe, followed by European countries. This is because a large portion of dietary supplement, cosmetics, and pharmaceutical industries are based in these regions, and hydroxytyrosol plays an important role in these end-use industries.
As per a revised report published by Fact.MR, is anticipated to close in on a valuation of US$ 2 Bn in 2021, and expand at around 7% CAGR through 2031.
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Key Takeaways from Market Study
- The hydroxytyrosol market is anticipated to add 1.9X value by 2031 as compared to 2021.
- Cosmetics application captures major chunk equivalent to one-third of the global market, and is set to create an absolute $ opportunity of around US$ 480 Mn during 2021-2031.
- Dietary supplement application is anticipated to gain around 266 BPS and expand at around 9% CAGR over the forecast period of 2021-2031.
- Liquid hydroxytyrosol is anticipated to gain around 330 BPD over the period of 2021-2031, and create an absolute $ opportunity of around US$ 800 Mn by 2031.
- Virgin olive oil as a source captures a major share equivalent to half of the global hydroxytyrosol market, and is set to create an absolute $ opportunity of around US$ 940 Mn during 2021-2031.
- North America is set to dominate market revenue in 2021, but is expected to lose 466 BPS in its market share by 2031.
- South Asia, on the other hand, is poised to be the growth hotspot during the forecast period, and is expected to create an absolute $ opportunity of around US$ 323 Mn by 2031.
“Plethora of researches to identify newer use cases of hydroxytyrosol to promote market growth,”
[10/26, 1:30 PM] Anup KumarShare Your Requirements & Get Customized Reports –https://www.factmr.com/connectus/sample?flag=RC&rep_id=3533
Key Market Segments Covered
- By Form
- Powder Hydroxytyrosol
- Liquid Hydroxytyrosol
- By Product Type
- Natural Hydroxytyrosol
- 95% Purity
- 20% Purity
- 10% Purity
- Synthetic Hydroxytyrosol
- 95% Purity
- 20% Purity
- 10% Purity
- Natural Hydroxytyrosol
- By Source
- Standard Olive Oil
- Virgin Olive Oil
- Catechol
- By Application
- Application of Hydroxytyrosol in Pharmaceuticals
- Application of Hydroxytyrosol in Nutraceuticals
- Application of Hydroxytyrosol in Functional Food
- Application of Hydroxytyrosol in Dietary Supplements
- Application of Hydroxytyrosol in Cosmetics
- By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
Market Segmentation
Fact.MR has studied the hydroxytyrosol market with detailed segmentation on the basis of form, product type, source, application, and key regions.
| Form | PowderLiquid |
| Product Type | Natural Hydroxytyrosol95% purity20% purity10% puritySynthetic Hydroxytyrosol95% purity20% purity10% purity |
| Source | Standard Olive OilVirgin Olive OilCatechol |
| Application | PharmaceuticalsNutraceuticalsFunctional FoodsDietary SupplementsCosmetics |
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