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Chemical

Hydroxytyrosol Market Projected to Reach US$ 4.6 Billion by 2033 with 7.2% CAGR

The global Hydroxytyrosol Market is valued at $2.3 billion in 2023 and is expected to generate $4.6 billion in sales by the end of 2033. Over the next 10 years, global demand for hydroxytyrosol is expected to rise fast at a CAGR of 7.2%.

Hydroxytyrosol, a natural polyphenol found in olive oil, has gained significant attention in recent years due to its potential health benefits and versatile applications. It is known for its strong antioxidant properties, which make it a valuable ingredient in various industries, including food and beverages, dietary supplements, cosmetics, and pharmaceuticals.

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The hydroxytyrosol market has witnessed substantial growth as consumers become increasingly health-conscious and seek products that offer antioxidant protection and other health-related advantages.

Hydroxytyrosol Market Demand & Supply Trends

  1. Health and Wellness Trends: Growing awareness of the importance of a healthy lifestyle has driven demand for products enriched with hydroxytyrosol. Consumers are seeking dietary supplements, functional foods, and beverages that offer antioxidant support and potential health benefits.
  2. Cosmetics and Skincare: Hydroxytyrosol’s antioxidant and anti-aging properties have made it a sought-after ingredient in the cosmetics and skincare industry. It is incorporated into various skincare products, including creams, serums, and anti-aging formulations.
  3. Pharmaceutical Applications: Ongoing research into hydroxytyrosol’s potential health benefits, such as cardiovascular and neuroprotective effects, has led to its use in pharmaceutical applications. It is being explored as a valuable compound for various medical treatments.
  4. Natural Food Preservative: Hydroxytyrosol’s natural antioxidant properties have positioned it as a viable alternative to synthetic food preservatives. It is used to extend the shelf life of food products while maintaining their freshness.
  5. Olive Oil Enrichment: Hydroxytyrosol is naturally present in olive oil and contributes to its health benefits. As consumers seek high-quality olive oils with enhanced antioxidant content, the demand for hydroxytyrosol-enriched olive oil has increased.
  6. Research and Development: Ongoing research and development efforts aim to explore new applications and benefits of hydroxytyrosol. This drives innovation in the market, leading to the development of novel products.

Key Companies Profiled In This Report

  • Baoding Faithful Industry Co. Ltd.
  • Extrasynthese
  • BIONAP (Bioactive Natural Products)
  • Carl Roth
  • Shenyang Phytocare Ingredients
  • ShenZhen Dieckmann Bio-pharm Co. Ltd.
  • Wacker Chemie AG
  • Chengdu Biopurify Phytochemicals Ltd.
  • Genosa I+D
  • Devson Impex Private Limited
  • Nutrafur SA
  • Oliveda International Inc.
  • Phenobio
  • Qenax
  • DIECKMANN
  • Granatumplus
  • Hebei Huanhao Biotechnology Co., Ltd.
  • Natac Group
  • Nutexa Ingredients
  • Shanxi Jinjin Chemical Co. Ltd.

Hydroxytyrosol Market Current Issues and Challenges

  1. Sourcing and Production: Ensuring a stable and sustainable supply of hydroxytyrosol can be challenging, as it is primarily derived from olive oil processing waste. Manufacturers must address issues related to sourcing and production scalability.
  2. Regulatory Compliance: Meeting regulatory standards and ensuring product safety and quality is essential, particularly in the food, pharmaceutical, and cosmetic sectors. Adhering to evolving regulations can be complex.
  3. Consumer Awareness: Despite its potential health benefits, many consumers may not be fully aware of hydroxytyrosol and its advantages. Effective marketing and education efforts are required to raise awareness.
  4. Competition: The market for hydroxytyrosol faces competition from other antioxidants and natural compounds. Manufacturers must differentiate their products and offerings.
  5. Research Validation: While hydroxytyrosol shows promise in various health applications, ongoing research is needed to validate its efficacy and safety for specific health claims.
  6. Price Volatility: Factors such as olive crop yields and global supply and demand can lead to price volatility in the hydroxytyrosol market. This can impact product pricing and availability.

Competitive Landscape

Major hydroxytyrosol suppliers are actively engaged in introducing innovative and novel products to harness their full sales potential and establish a competitive edge in the market. Additionally, these companies are expected to amplify their investments in research and development endeavors to accelerate product innovation in the forthcoming years.

Example of Recent Development: July 2022

In July 2022, Genosa, a prominent player in the global hydroxytyrosol industry, made a significant announcement regarding the launch of “Hytolive Infinity” (Hydroxytyrosol) tailored for use in edible oils. Carlos Peña, the CEO of Genosa, highlighted that this innovation enables companies to formulate a range of functional oils containing oleic acid, EPA, and DHA by utilizing Hytolive Infinity. This strategic move underscores Genosa’s commitment to delivering innovative solutions that cater to the evolving needs of the market, particularly in the realm of edible oils. By offering products like Hytolive Infinity, companies can enhance their competitiveness and drive growth in the hydroxytyrosol market.

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The hydroxytyrosol market is on an upward trajectory, driven by increasing consumer interest in health and wellness, the expansion of its applications across industries, and ongoing research into its potential benefits. However, addressing challenges related to sourcing, regulation, consumer awareness, competition, research validation, and price stability is crucial for the sustainable growth of this market. As hydroxytyrosol continues to gain recognition as a valuable antioxidant and health-promoting compound, it is poised to play a significant role in various sectors.

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Categories
Business

Hydroxytyrosol Market expand at around 7% CAGR through 2031

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, the global hydroxytyrosol market 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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Hydroxytyrosol Market – Scope of Report:

A latest publication by Fact.MR on the global Hydroxytyrosol market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2019-2029.

Important indicators for the successful growth of the Hydroxytyrosol market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Hydroxytyrosol supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Pulse Oximeters, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Positive Investment Flows to Expand Product Portfolio and Research & Development Initiatives of Stakeholders

A positive flow of investments from pharmaceutical giants is likely to propel the development of Hydroxytyrosoland compounds. For instance, in year 2019, Ginkgo Bioworks, Inc. raised funds of more than US$$ 350 Mn through investments from several investors for the development of synthetic cannabinoids. This has helped them increase production capacity.

Market leaders in Hydroxytyrosolsuch as Noramco, Inc. CannBioRx Life Sciences, Hyasynth Biologicals, Inc. etc are developing Hydroxytyrosol through novel techniques of synthesis. Moreover, these companies are shifting their focus on research and development of molecules through development of strains of microbes and yeast for biosynthesis of synthetic cannabinoid.

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Report benefits & key questions answered

  • Post covid consumer spending on Hydroxytyrosol: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
  • Hydroxytyrosol demand outlook: the market intelligence study reports highlights the factor propelling the demand for Synthetic Cannabinoids. As per the study, the demand for Hydroxytyrosol will grow through 2029.
  • Hydroxytyrosol historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2019-2029.
  • Hydroxytyrosol consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Hydroxytyrosol Market Segmentations:

  • 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
  • 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

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Market research and consulting agency with a difference! That’s why 80% of fortune 1,000 companies trust us for making their most critical decisions. We have offices in us and dublin, whereas our global headquarter is in dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our usp is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

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Categories
Pharmaceutical

Virgin Olive Oil Source is Expected Account for Almost 50% Share of the Global Hydroxytyrosol Market by 2031 End

The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.

The report offers actionable and valuable market insights of Hydroxytyrosol. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Hydroxytyrosol Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Hydroxytyrosol market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Hydroxytyrosol

This newly published and insightful report sheds light on Market Insights of Hydroxytyrosol, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Hydroxytyrosol Market.

hydroxytyrosol market region

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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
  • 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

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Competitive Landscape

Fact.MR has profiled the following top hydroxytyrosol suppliers in its report:

  • Baoding Faithful Industry Co. ltd
  • BIONAP (Bioactive Natural Products)
  • Carl Roth
  • Chengdu Biopurify Phytochemicals Ltd.
  • Devson Impex Private Limited
  • DIECKMANN
  • Extrasynthese
  • Genosa I+D
  • Granatumplus
  • Hebei Huanhao Biotechnology Co., Ltd.
  • Natac Group
  • Nutexa Ingredients
  • Nutrafur SA
  • Oliveda International, Inc.
  • Phenobio
  • Qenax
  • Shanxi Jinjin Chemical Co. Ltd
  • Shenyang Phytocare Ingredients
  • ShenZhen Dieckmann Bio-pharm Co., Ltd.
  • Wacker Chemie AG

The above-mentioned players primarily rely on a mix of organic and inorganic strategies for growth, such as product launches, long-term supply partnerships, and acquisitions, in order to increase their global reach and market share.

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, the global hydroxytyrosol market is anticipated to close in on a valuation of US$ 2 Bn in 2021, and expand at around 7% CAGR through 2031.

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,”

says a Fact.MR analyst.

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Key Question answered in the survey of Hydroxytyrosol market report:

  • Sales and Demand of Hydroxytyrosol
  • Growth of Hydroxytyrosol Market
  • Market Analysis of Hydroxytyrosol
  • Market Insights of Hydroxytyrosol
  • Key Drivers Impacting the Hydroxytyrosol market
  • Which are the Key drivers impacted by Hydroxytyrosol market
  • Restraints Shaping Market Growth
  • Market Survey of Hydroxytyrosol

More Valuable Insights on Hydroxytyrosol Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Hydroxytyrosol, Sales and Demand of Hydroxytyrosol, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:

11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates