Demand for resveratrol in Korea is anticipated to exhibit a CAGR of 9.4% through 2033. Sales of resveratrol in Korea are expected to grow considerably, from US$ 2.25 million in 2023 to around US$ 5.52 million by 2033.
Key Insights for the Resveratrol Industry in Korea
| Attributes | Key Statistics |
|---|---|
| Expected Base Year Value (2023) | US$ 2.25 million |
| Anticipated Forecast Value (2033) | US$ 5.52 million |
| Estimated Growth (2023 to 2033) | 9.4% CAGR |
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In the last few years, there has been a considerable push toward natural and clean-labeled products not just in Korea but all over the world. Natural resveratrol is commonly found in certain foods, such as red grapes, berries, and peanuts, making it a perfect choice for consumers actively seeking nutrients and bioactive compounds directly from natural sources.
On the basis of product type, natural resveratrol dominates the Korean industry with a whopping share of 82.6%. The demand for natural resveratrol is also attributed to a broader cultural shift towards sustainability and environmental consciousness. The Korean population is becoming increasingly aware of the environmental consequences of synthetic resveratrol production, making natural resveratrol an ideal choice.
| Attributes | Details |
|---|---|
| Product Type | Natural |
| Value Share in 2023 | 82.60% |
The Korean population is rapidly embracing resveratrol as a dietary supplement. As a stable and concentrated form of resveratrol, solid supplements offer convenience and ease of integration into daily routines. Unlike liquid or raw dietary sources, solid resveratrol allows for precise dosage control, ensuring individuals can easily incorporate the recommended amount into their dietary regimens.
On the basis of form, solid resveratrol dominates the Korean industry, with a remarkable share of 84.90%. The demand for solid resveratrol is also skyrocketing as it addresses concerns related to bioavailability, a common challenge associated with the compound. This improved bioavailability ensures that individuals can harness the full potential of resveratrol's health benefits.
| Attributes | Details |
|---|---|
| Form | Solid |
| Value Share in 2023 | 84.90% |
Principal Consultant
Post-pandemic, there has been an exponential rise in the Korean nutraceuticals and cosmeceutical industry, ultimately positively impacting the resveratrol industry. It is observed that there has been a substantial influx of foreign companies into the country. Industry giants from Korea already have a strong foothold, making it challenging for small companies to sustain themselves. Despite this, they continue to come up with new innovations in the industry.
Recent Developments in the Resveratrol Industry in Korea
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| Attribute | Details |
|---|---|
| Estimated Valuation (2023) | US$ 2.25 million |
| Projected Valuation (2033) | US$ 5.52 million |
| Anticipated CAGR (2023 to 2033) | 9.4% CAGR |
| Historical Analysis of the Resveratrol in Korea | 2018 to 2022 |
| Demand Forecast for Resveratrol in Korea | 2023 to 2033 |
| Quantitative Units | Revenue in US$ million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Key Companies Profiled | Dong-A Pharmaceutical Co., Ltd.; CJ CheilJedang Corporation; Wellvita Co., Ltd.; Cosmax Co., Ltd.; Celltrion Inc.; Kolon Life Sciences Co., Ltd.; Green Cross Pharma Co., Ltd.; LG Chem Life Sciences Co., Ltd.; Samsung Fine Chemicals Co., Ltd.; Hanmi Pharmaceutical Co., Ltd. |
The anticipated CAGR for the Korea resveratrol industry through 2033 is 9.4%.
The resveratrol industry in Korea is likely to reach US$ 5.52 million by 2033.
Solid resveratrol is the most preferred form of resveratrol in Korea, with an industry share of 84.90%.
In Korea, natural resveratrol dominates the industry, with a share of 82.60%.
Dong-A Pharmaceutical Co., Ltd., CJ CheilJedang Corporation, Wellvita Co., Ltd., Cosmax Co., Ltd, are some of the leading players in this industry.
1. Executive Summary
1.1. Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Product, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Product, 2023 to 2033
5.3.1. Extract
5.3.2. Fermentation
5.3.3. Synthetic
5.4. Y-o-Y Growth Trend Analysis By Product, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product, 2023 to 2033
6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Form
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Form, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Form, 2023 to 2033
6.3.1. Powder
6.3.2. Liquid
6.4. Y-o-Y Growth Trend Analysis By Form, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Form, 2023 to 2033
7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Isomer
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Isomer, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Isomer, 2023 to 2033
7.3.1. Trans-
7.3.2. Cis-
7.4. Y-o-Y Growth Trend Analysis By Isomer, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Isomer, 2023 to 2033
8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use, 2023 to 2033
8.3.1. Skin Care
8.3.1.1. Cream & Lotion
8.3.1.2. Scrub Exfoliator
8.3.1.3. Cleanser & Toner
8.3.1.4. Balm & Butter
8.3.1.5. Serum & Mask
8.3.1.6. Makeup Remover
8.3.1.7. Others
8.3.2. Hair Care
8.3.2.1. Shampoo
8.3.2.2. Conditioner
8.3.2.3. Essential Oil
8.3.2.4. Hair Colour
8.3.2.5. Hair Stylist Products
8.3.2.6. Hair Oil
8.3.3. Makeup
8.3.3.1. Facial Makeup
8.3.3.2. Eye Makeup
8.3.3.3. Lip Makeup
8.3.3.4. Nail Makeup
8.3.4. Bath Care
8.3.4.1. Shower Products
8.3.4.2. Liquid Bath Products
8.3.4.3. Bath Additives
8.3.4.4. Bar Soaps
8.3.5. Fragrance
8.3.5.1. Perfume
8.3.5.2. Deodorant
8.3.5.3. Cologne
8.3.6. Tools
8.3.7. Dietary Supplements
8.3.8. Pharmaceuticals
8.3.9. Others
8.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2018 to 2022
9.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033
9.3.1. South Gyeongsang
9.3.2. North Jeolla
9.3.3. South Jeolla
9.3.4. Jeju
9.3.5. Rest of Korea
9.4. Market Attractiveness Analysis By Region
10. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Product
10.2.2. By Form
10.2.3. By Isomer
10.2.4. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Product
10.3.2. By Form
10.3.3. By Isomer
10.3.4. By End Use
10.4. Key Takeaways
11. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Product
11.2.2. By Form
11.2.3. By Isomer
11.2.4. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Product
11.3.2. By Form
11.3.3. By Isomer
11.3.4. By End Use
11.4. Key Takeaways
12. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Product
12.2.2. By Form
12.2.3. By Isomer
12.2.4. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Product
12.3.2. By Form
12.3.3. By Isomer
12.3.4. By End Use
12.4. Key Takeaways
13. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Product
13.2.2. By Form
13.2.3. By Isomer
13.2.4. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Product
13.3.2. By Form
13.3.3. By Isomer
13.3.4. By End Use
13.4. Key Takeaways
14. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Product
14.2.2. By Form
14.2.3. By Isomer
14.2.4. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Product
14.3.2. By Form
14.3.3. By Isomer
14.3.4. By End Use
14.4. Key Takeaways
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Product
15.3.3. By Form
15.3.4. By Isomer
15.3.5. By End Use
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. ILDONG Pharmaceutical
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. DSM Nutritionals
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. Evolva
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. Endurance Product Company
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. Great Forest Biomedical
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Laurus Labs Limited
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. JF-NATURAL
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. Sabinsa Corporation
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Resvitale LLC
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. Shanghai Natural Bio-engineering Co., Ltd.
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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Resveratrol Industry Analysis in Korea
