Hydroxytyrosol Market
Hydroxytyrosol Market Study by Natural and Synthetic Hydroxytyrosol for Functional Foods, Nutraceuticals, Dietary Supplements, Cosmetics, and Pharmaceuticals from 2024 to 2034
Analysis of Hydroxytyrosol Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Hydroxytyrosol Market Outlook (2024 to 2034)
Rising consumption of functional and natural ingredients is driving the market hydroxytyrosol across the world. The global hydroxytyrosol market size is valued at US$ 2.65 billion in 2024, as stated in Fact.MR’s report, and is projected to rise at a CAGR of 7.2% to reach US$ 5.32 billion by the end of 2034.
Growing preferences for nutraceuticals, dietary supplements, and functional foods are leading to the increased consumption of hydroxytyrosol as a phytochemical. Manufacturers from several industries, including food & beverages, etc. are incorporating hydroxytyrosol in product formulations, therefore leveraging its antioxidant properties to enhance appeal to health-conscious consumers and increasing product efficiency. Constant R&D activities validating the therapeutic potential of hydroxytyrosol are estimated to increase its application beyond conventional sectors.
With growing demand for functional and natural ingredients, hydroxytyrosol is set to remain one of the key ingredients in multiple consumer products. Numerous market players are strategizing on the optimization of production procedures, exploring innovative applications, and enhancing product purity.
- Demand for catecho is projected to increase at a CAGR of 7.2% and reach a market value of US$ 1.93 billion by the end of 2034.
- Sales of hydroxytyrosol in South Korea are forecasted to rise at 10% CAGR from 2024 to 2034.
- North America is evaluated to account for 17.5% of the global hydroxytyrosol market share by 2034.
In recent years, various end users have been becoming aware of the health benefits associated with hydroxytyrosol, including cardioprotective, antioxidant, neuroprotective, and anti-inflammatory properties. These characteristics of hydroxytyrosol are driving its adoption in nutraceutical and functional food products. Moreover, rising requirements for heart health supplements and anti-aging products due to increasing disposable income are also driving the hydroxytyrosol market growth with the use of the material as one of the pivotal ingredients.
| Report Attributes | Details |
|---|---|
| Hydroxytyrosol Market Size (2024E) | US$ 2.65 Billion |
| Forecasted Market Value (2034F) | US$ 5.32 Billion |
| Global Market Growth Rate (2024 to 2034) | 7.2% CAGR |
| Market Share of Pharmaceuticals (2034F) | 33.1% |
| Japan Market Growth Rate (2024 to 2034) | 7.4% CAGR |
| East Asia Market Share (2034F) | 24.6% |
| Key Companies Profiled |
|
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How is the Global Market for Hydroxytyrosol Evolving?
“Growing Demand for Anti-aging Products Stimulating Hydroxytyrosol Sales”
In recent years, more individuals have been becoming aware of aesthetics due to the increasing influence of social media personalities and celebrities. More people are becoming aware of their physical appearance than before, which is contributing to an increase in spending on cosmetics and personal care products. This rising requirement for personal care products with anti-aging ingredients and properties is driving sales of hydroxytyrosol for its exceptional properties.
“Rising Preference for Natural Antioxidants Influencing Hydroxytyrosol Market Trends”
More consumers are demanding natural antioxidants around the world. Increased inclination to virgin olive oil as one of the prominent sources of hydroxytyrosol is positively impacting market trends. Constant technological advancements taking place in extraction methods are estimated to enhance the purity and ability of hydroxytyrosol, therefore shaping market dynamics.
What Challenges are Manufacturers of Hydroxytyrosol Working On?
“Stringent Regulatory Frameworks and Availability of Alternative Antioxidants”
Implementation of stringent regulatory standards by respective bodies is estimated to adversely impact demand for hydroxytyrosol in the coming decade. In addition, there are certain alternative antioxidants, which are comparatively easy to get and, therefore expected to dampen target market growth going forward.
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How Lucrative is This Market for Startups?
“Investments in Exploring Therapeutic Potential of Hydroxytyrosol”
New companies aiming to enter the global market are expected to invest more in R&D activities conducted to identify new application scope of material. They need to emphasize exploring various therapeutic applications of hydroxytyrosol, which is anticipated to benefit the global market growth in the coming 10 years. These new application areas are set to promote wellness and health.
Country-wise Insights
Fact.MR, a market research and competitive intelligence provider, in its revised report, mentions that East Asia is forecasted to account for 24.6% share of global market revenue by 2034. Growing investment in R&D activities and robust manufacturing capabilities of market players in the region are helping them secure and strengthen their presence in the coming decade.
Why is the United States Expected to Exhibit Higher Demand for Hydroxytyrosol?
“Presence of Top Cosmetics and Pharmaceutical Manufacturers”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 410.9 Million |
| Growth Rate (2024 to 2034) | 5.2% CAGR |
| Projected Value (2034F) | US$ 684 Million |
The United States is evaluated to account for 73.5% share of the market in North America by the end of 2034. The country is one of the prominent homes of cosmetics and pharmaceutical companies around the world, which is driving demand for hydroxytyrosol. In addition, an increase in the demand for anti-aging products by more millennials and spending on personal care products with awareness about aesthetics is driving demand for hydroxytyrosol in respective end-use industries.
Why is China Ruling the East Asian Market?
“Expanding Nutraceutical, Cosmetics, and Food Industries Positively Impacting Hydroxytyrosol Demand”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 336.7 Million |
| Growth Rate (2024 to 2034) | 8.3% CAGR |
| Projected Value (2034F) | US$ 749.6 Million |
China is anticipated to enjoy a share of 57.3% of East Asian market revenue by 2034-end. Unique dynamics of hydroxytyrosol are projected to increase its demand in China. The majority of people in China are prioritizing wellness and health, which prepare a base for suppliers of functional and natural ingredients, such as hydroxytyrosol, etc. An expansion of the pharmaceutical, cosmetics, and nutraceutical industries in the country is widening opportunities for market players.
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Category-wise Insights
Worldwide demand for the powder form of hydroxytyrosol is expected to increase at a CAGR of 7.1% and reach a value of US$ 1.03 billion by the end of 2034, as mentioned in Fact.MR study. Rising preference for powered hydroxytyrosol around the world is increasing its demand globally.
Which Source is Widely Used for Extraction of Hydroxytyrosol?
“Preference for Catecho-derived Hydroxytyrosol for Antioxidant Properties”
| Attribute | Catecho |
|---|---|
| Segment Value (2024E) | US$ 965.8 Million |
| Growth Rate (2024 to 2034) | 7.2% CAGR |
| Projected Value (2034F) | US$ 1.93 Billion |
Hydroxytyrosol sourced from catecho is forecasted to hold 36.4% share of the global market by the end of 2034. The rising use of catecho-derived hydroxytyrosol is attributed to its antioxidant properties and features against cardiovascular diseases. Its rising use in functional foods for health benefits is estimated to contribute to the expansion of the hydroxytyrosol market size going forward.
Which Application of Hydroxytyrosol Accounts for High Revenue Streams?
“Increased Hydroxytyrosol Consumption in Pharmaceuticals as Powerful Antioxidant”
| Attribute | Pharmaceuticals |
|---|---|
| Segment Value (2024E) | US$ 936.6 Million |
| Growth Rate (2024 to 2034) | 6.5% CAGR |
| Projected Value (2034F) | US$ 1.76 Billion |
The pharmaceutical sector is approximated to enjoy a share of 33.1% of global market revenue by 2034. Increasing consumption of hydroxytyrosol in pharmaceuticals is attributed to its features to combat oxidative stress and inflammation. With growing awareness about wellness and health, more products containing hydroxytyrosol are becoming popular. Their popularity is attributed to features in promoting cognitive function, cardiovascular health, and overall well-being.
Competitive Landscape
Leading hydroxytyrosol manufacturers are concentrating on the launch of innovative and new products to increase their sales and strengthen their position. They are spending more on R&D activities for new product launches, strengthening supply chain systems, and offering quality products. In addition, collaborations, mergers, partnerships, acquisitions, etc. are some other strategies adopted by market players to get a competitive edge.
For instance :
- Genosa is one of the prominent global suppliers of hydroxytyrosol. In July 2022, it launched Hytolive Infinity for use in edible oils. It was stated by the company’s CEO that the formulation of multiple functional oils consists of EPA, DHA, and oleic acid.
Key players in the hydroxytyrosol market are Baoding Faithful Industry Co. Ltd., Shanxi Jinjin Chemical Co. Ltd., Extrasynthese, Nutexa Ingredients, BIONAP (Bioactive Natural Products), Natac Group, Hebei Huanhao Biotechnology Co., Ltd., Carl Roth, Shenyang Phytocare Ingredients, Granatumplus, ShenZhen Dieckmann Bio-pharm Co. Ltd., DIECKMANN, Wacker Chemie AG, Qenax, Chengdu, Biopurify Phytochemicals Ltd., Phenobio, Oliveda International Inc., Genosa I+D, Nutrafur SA, and Devson Impex Private Limited.
Segmentation of Hydroxytyrosol Market Research
-
By Product Type :
- Natural Hydroxytyrosol
- 95% Purity
- 20% Purity
- 10% Purity
- Synthetic Hydroxytyrosol
- 95% Purity
- 20% Purity
- 10% Purity
- Natural Hydroxytyrosol
-
By Form :
- Liquid
- Powder
-
By Source :
- Standard Olive Oil
- Virgin Olive Oil
- Catechol
-
By Application :
- Functional Foods
- Nutraceuticals
- Dietary Supplements
- Cosmetics
- Pharmaceuticals
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
- FAQs -
How big is the hydroxytyrosol market size in 2024?
The global hydroxytyrosol market is estimated at US$ 2.65 billion in 2024.
What is the sales projection for hydroxytyrosol for 2034?
Revenue from the sales of hydroxytyrosol is set to reach US$ 5.32 billion by 2034.
What is the anticipated CAGR for hydroxytyrosol sales from 2024 to 2034?
The global market is projected to expand at a CAGR of 7.2% from 2024 to 2034.
How much share of global market revenue will East Asia hold by 2034?
East Asia is projected to account for 24.6% share of global market revenue by 2034.
What is the contribution of pharmaceuticals to global market revenue?
The pharmaceuticals segment is forecasted to hold 33.1% share of the global market by 2034.
At what rate is the demand for hydroxytyrosol expected to increase in South Korea?
Demand for hydroxytyrosol in South Korea is forecasted to increase at a CAGR of 10% from 2024 to 2034.
Why is demand for hydroxytyrosol increasing?
Use of hydroxytyrosol is increasing owing to its molecular structure, which offers benefits such as anti-inflammatory, antioxidant, and eye and skin protection.
Hydroxytyrosol Market
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