Hydroxytyrosol Market Report 2024 (Global Edition)

Global Hydroxytyrosol Market Report 2024 Market Size Split by Product Type (natural hydroxytyrosol, 95% Purity, 20% Purity, 10% Purity, Synthetic hydroxytyrosol, 95% Purity, 20% Purity, 10% Purity), b...

Hydroxytyrosol Market Report Description

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Competitive Landscape of the Hydroxytyrosol Market 

Leading providers of hydroxytyrosol are concentrating on introducing fresh, cutting-edge goods to help them outperform rivals in the industry and increase sales. In the upcoming years, hydroxytyrosol firms anticipate increasing their investment in the R&D department in order to expedite the development of new products.

Hydroxytyrosol Industry News 

In 2021, In order to jointly develop and sell novel nutraceutical products containing hydroxytyrosol, Wacker joined with the Spanish biotech business Nazami BioProducts. 

(Source:https://www.wacker.com/cms/en-us/about-wacker/press-and-media/press/press-releases/2023/detail-210501.html)

Top Companies Market Share in Hydroxytyrosol Industry: (In no particular order of Rank)

• 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.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of Hydroxytyrosol

Which Region will dominate the Hydroxytyrosol Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. For health and wellbeing, consumers are looking more and more for natural solutions, and olive-derived hydroxytyrosol is a great fit for this trend. The potential health advantages of hydroxytyrosol, such as its anti-inflammatory and antioxidant qualities, have been demonstrated by scientific studies. Interest in implementing technology into daily activities is growing as a result of this knowledge. The demand for functional meals and drinks which go beyond simple nourishment, is surging. These goods are beginning to use hydroxytyrosol in an effort to appeal to health-conscious consumers. The aging population in North America makes them more vulnerable to long-term conditions like Alzheimer's and heart disease. Interest is growing in hydroxytyrosol because of its potential in these fields.

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is witnessing an increase in the sales of hydroxytyrosol. Asia Pacific consumers are actively looking for functional compounds like hydroxytyrosol that may provide health advantages, including lowering the risk of cardiovascular illnesses and cognitive decline. These consumers are getting more and more health conscious. As the region's economies develop, customers' disposable incomes rise, enabling them to spend more on high-end hydroxytyrosol-containing health and wellness items.

The current report Scope analyzes Hydroxytyrosol Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Hydroxytyrosol Market

According to Cognitive Market Research, the global hydroxytyrosol market size was estimated at USD 2512.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1004.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031. In North America, hydroxytyrosol market sales dominate; North American consumers are looking more and more for natural ingredients and goods that they believe to be healthier. This trend is well suited to hydroxytyrosol, a naturally occurring antioxidant present in olive oil. An increasing body of research indicates that hydroxytyrosol has a number of health advantages, such as antioxidant and anti-inflammatory qualities. Interest in goods containing it is increasing as a result of this awareness. In terms of both market size and marketed hydroxytyrosol products in North America, the nutraceutical category now has a dominant position. Important firms concentrating on this lucrative North American market include Wacker Chemie, Seprox Biotech, and Natac Biolucion. They have partnerships and distribution networks aimed at this market.

• According to Cognitive Market Research, the US had a major share in the hydroxytyrosol market with a market size of USD 792.85 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. One of the biggest and most developed dietary supplement and nutraceutical marketplaces in the world is found in the United States. Vitamins and other health supplements, as well as functional foods, are well-recognized and accepted by American consumers. The claimed health and antioxidant properties of hydroxytyrosol fit in nicely with this market need. 
• The Canada hydroxytyrosol market had a market share of USD 120.59 million in 2024 and is projected to grow at a CAGR of 7.00% during the forecast period. Expanding Nutraceutical Market Due to rising consumer demand for functional foods, dietary supplements, and natural health products, Canada has a thriving and well-established nutraceutical business. The possible health advantages of hydroxytyrosol fit in nicely with this market trend.
• The Mexico hydroxytyrosol market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD 91.44 million in 2024.

 

Europe Hydroxytyrosol Market

According to Cognitive Market Research, with a market value of USD 2512.2 million in 2024, and projected to expand at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 753.66 million. Europe is a force, Olive oil, abundant in hydroxytyrosol, is a fundamental component of the Mediterranean diet, extensively ingested across Europe. The advantages of hydroxytyrosol for health are made more familiar and acceptable by this cultural tie. The surge in functional foods reagent sales across Europe is intimately linked to the burgeoning hydroxytyrosol. The use of hydroxytyrosol as a new food component and food additive has been allowed by the European Union, making it easier to include in a variety of food and beverage items that are sold throughout Europe.

• The United Kingdom Hydroxytyrosol market had a market share of USD 126.61 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. Natural substances with anti-aging properties are becoming more and more popular among UK consumers. Because of its anti-aging qualities, hydroxytyrosol is regarded as a useful component in serums, creams, and other cosmetics. 
• The France hydroxytyrosol market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 69.34 million in 2024.
• According to Cognitive Market Research, the Germany hydroxytyrosol market size was valued at USD 149.22 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. Preventive measures and health consciousness are growing among Germans. The demand for hydroxytyrosol-containing supplements and personal care products is being pushed by the possible anti-aging advantages of this ingredient, which the media and influencers have highlighted. 
• The Italy hydroxytyrosol market is projected to witness growth at a CAGR of 5.9% during the forecast period with a market size of USD 64.81 million in 2024.
• The Russia hydroxytyrosol market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD 116.82 million in 2024.
• The Spain hydroxytyrosol market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 61.80 million in 2024.
• The Luxembourg hydroxytyrosol market is projected to witness growth at a CAGR of 6.6% during the forecast period with a market size of USD 23.36 million in 2024.
• The Portugal hydroxytyrosol market is projected to witness growth at a CAGR of 6.3% during the forecast period with a market size of USD 15.83 million in 2024.
• The Greece hydroxytyrosol market is projected to witness growth at a CAGR of 6.8% during the forecast period with a market size of USD 9.04 million in 2024.
• The rest of Europe hydroxytyrosol market is projected to witness growth at a CAGR of 5.2% during the forecast period with a market size of USD 116.82 million in 2024.

Asia Pacific Hydroxytyrosol Market

According to Cognitive Market Research, the global hydroxytyrosol market size was estimated at USD 2512.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 577.81 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031. The Asia Pacific region is experiencing growth in the sales of reagents. Asia Pacific consumers are actively looking for functional compounds like hydroxytyrosol that may provide health advantages, including lowering the risk of cardiovascular illnesses and cognitive decline. These consumers are getting more and more health conscious. The rising demand for the hydroxytyrosol market in the Asia Pacific finds a pivotal ally in the growing preference for cosmetics as an application. Increasingly, Some of the biggest markets for cosmetics worldwide are found in the Asia Pacific, including those in China, Japan, South Korea, and India. The need for natural and antioxidant-rich chemicals like hydroxytyrosol, as well as increased beauty consciousness and rising disposable incomes, are driving this region's cosmetics industry's rise.

• According to Cognitive Market Research, the China hydroxytyrosol market size was valued at USD 260.01 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. hydroxytyrosol market sales have surged in China due to Chinese consumers realizing the value of wellness and health more and more. This is increasing consumer demand for functional foods and substances like HT that have positive health effects. China's middle class is growing quickly, and as a result, they have more spare cash to spend on better-quality food and drink.
• The Japan hydroxytyrosol market is projected to witness growth at a CAGR of 8.5% during the forecast period with a market size of USD 79.74 million in 2024.
• The India hydroxytyrosol market had a market share of USD 69.34 million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. Indians are getting more interested in functional foods and preventative healthcare as well as being more health conscious. Potential health advantages of hydroxytyrosol, such as its neuroprotective and anti-inflammatory qualities, may align with this tendency.
• The South Korea hydroxytyrosol market is projected to witness growth at a CAGR of 9.1% during the forecast period with a market size of USD 57.78 million in 2024.
• The Australia hydroxytyrosol market is projected to witness growth at a CAGR of 9.7% during the forecast period with a market size of USD 30.05 million in 2024.
• The South East Asia hydroxytyrosol market is projected to witness growth at a CAGR of 11.0% during the forecast period with a market size of USD 39.87 million in 2024.
• The Rest of the Asia Pacific hydroxytyrosol market is projected to witness growth at a CAGR of 9.8% during the forecast period with a market size of USD 41.02 million in 2024.

 

South America Hydroxytyrosol Market

According to Cognitive Market Research, the global Hydroxytyrosol market size was estimated at USD 2512.2 Million, out of which the Latin America market of more than 5% of the global revenue with a market size of USD 125.61 million in 2024. It will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031. Hydroxytyrosol market sales, Health, and wellbeing are becoming more and more important to people in Latin America. This tendency is supported by hydroxytyrosol's potential health advantages, including its antioxidant qualities and involvement in lowering inflammation and promoting cardiovascular health. The food and beverage applications category holds a dominant position in the Latin American hydroxytyrosol market, especially in products that use olive oil.

• According to Cognitive Market Research, the Brazil hydroxytyrosol market size was valued at USD 53.76 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. hydroxytyrosol market sales flourish in Brazil due to Brazil has been attempting to develop a domestic olive oil industry, especially in the states of Rio Grande do Sul, Minas Gerais, and São Paulo, despite not being a traditional producer of olive oil. An increasing amount of olive oil produced locally could be a source for the extraction of hydroxytyrosol.
• The Argentina hydroxytyrosol market had a market share of USD 21.10 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. Argentina augments the demand and boasts a thriving and well-established olive oil sector, with key hubs for olive cultivation and production, including Mendoza, La Rioja, and Catamarca provinces. This makes hydroxytyrosol, which may be made from olive oil and waste from olive mills, easily accessible.
• The Colombia hydroxytyrosol market is projected to witness growth at a CAGR of 7.2% during the forecast period with a market size of USD 11.18 million in 2024.
• The Peru hydroxytyrosol market is projected to witness growth at a CAGR of 7.6% during the forecast period with a market size of USD 10.30 million in 2024.
• The Chile hydroxytyrosol market is projected to witness growth at a CAGR of 7.7% during the forecast period with a market size of USD 9.04 million in 2024.
• The Rest of Latin America hydroxytyrosol market is projected to witness growth at a CAGR of 6.5% during the forecast period with a market size of USD 20.22 million in 2024.

Middle East and Africa Hydroxytyrosol Market

According to Cognitive Market Research, the global hydroxytyrosol market size was estimated at USD 2512.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 50.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031. MEA experiences an upswing in hydroxytyrosol market sales driven by an It is a long-standing custom in several Middle Eastern nations, including Palestine, Syria, Lebanon, and Turkey, to consume olive oil. This offers a potential for value-added olive oil products enhanced with hydroxytyrosol as well as a natural supply of the compound. Applications for cosmetics and personal hygiene dominate the market for hydroxytyrosol in the Middle East and Asia. Despite the Middle East's long history of olive oil use, hydroxytyrosol is presently most commonly used in the cosmetics and personal care industry in this region.

• According to Cognitive Market Research, the GCC Countries' hydroxytyrosol market size was valued at USD 21.50 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. hydroxytyrosol market sales flourish in the GCC. The GCC region's cosmetics and personal care market is expanding quickly due to rising disposable incomes, a youthful population, and consumer demand for high-end beauty goods. This raises the need for cutting-edge, all-natural chemicals in cosmetic compositions like hydroxytyrosol.
• The Egypt hydroxytyrosol market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD 5.28 million in 2024.
• The South Africa hydroxytyrosol market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 7.94 million in 2024. hydroxytyrosol market sales flourish in South Africa due to Olive oil production being centered in the Western Cape area, and the business is expanding. A local supply for the extraction of hydroxytyrosol from olive oil and waste from olive mills may become available as olive oil output rises.
• The Turkey hydroxytyrosol market is projected to witness growth at a CAGR of 7.2% during the forecast period with a market size of USD 4.32 million in 2024.
• The Nigeria hydroxytyrosol market is projected to witness growth at a CAGR of 6.8% during the forecast period with a market size of USD 5.28 million in 2024.
• The Rest

Hydroxytyrosol Market Analysis

Hydroxytyrosol Product Type Analysis

Owing to its inherent attraction, the hydroxytyrosol market is expanding rapidly worldwide. Due to an increase in olive oil output, virgin olive oil has become the predominant source. as a preservative and addition for health. For possible defense against illnesses and aging. It is highly regarded for his skincare anti-aging qualities. The market for hydroxytyrosol is driven by rising consumer interest in natural ingredients and healthy living in these industries.

Natural hydroxytyrosol is the fastest-growing category over the forecast period. Superior extra virgin olive oil has the greatest hydroxytyrosol content. The olive type, the stage of ripeness at which the olives are collected, and the extraction method are all factors that influence the quantity.

• natural hydroxytyrosol
• 95% Purity
• 20% Purity
• 10% Purity
• Synthetic hydroxytyrosol
• 95% Purity
• 20% Purity
• 10% Purity

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Hydroxytyrosol Industry. Request a Free Sample PDF!

Hydroxytyrosol Application Segment Analysis

Olive oil's natural compound is used in a variety of applications. Nutraceuticals and dietary supplements are leading the way due to the increased emphasis on natural ingredients and wellness. For its possible anti-aging and health effects, it's also being included in functional meals and cosmetics. This is probably going to keep happening as more people look for natural ways to stay healthy. Researchers are looking at how hydroxytyrosol may be used to treat or prevent a number of illnesses, including cancer, cardiovascular problems, and neurological disorders. The use of hydroxytyrosol supplements is growing as more people look for all-natural solutions to better their health. 

Functional Foods is the fastest-growing category over the forecast period. More and more consumers are searching for foods and drinks that provide health advantages beyond simple nourishment. Customers who are concerned about their health are becoming more and more interested in hydroxytyrosol due to its potential health advantages, including its anti-inflammatory and antioxidant qualities.

• Functional Foods
• Nutraceuticals
• Dietary Supplements
• Cosmetics
• Pharmaceuticals

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Hydroxytyrosol Form Segment Analysis

A major factor driving the worldwide market for hydroxytyrosol is the rising desire for natural substances that have positive health effects. The chemical hydroxytyrosol, which is mostly present in virgin olive oil, has strong anti-inflammatory, antioxidant, and maybe anti-cancer effects. It is anticipated that the worldwide hydroxytyrosol market will continue to expand, with both liquid and powdered versions playing important roles and maximizing bioavailability, stability, and user-friendliness for various uses and satisfying the market's increasing need for practical and efficient health-promoting goods.

Liquid is the fastest-growing category over the forecast period. Because liquid hydroxytyrosol dissolves easily in both water and oil, manufacturers can use it in a variety of products. It is simple to include in a variety of products.

• Powder
• Liquid

Hydroxytyrosol Source Segment Analysis

The olive oil/waste sector dominates the existing source mix because of its historic availability and cheaper prices. However, as producers refine the process of extracting oil from olive fruits and leaves, the olive market is anticipated to expand quickly. Though they are yet niche, synthetic and other plant sources may develop in the future depending on attempts to commercialize them. To fulfill the growing worldwide demand for hydroxytyrosol across sectors, major firms are actively investing in research to investigate high-yielding sources, improve extraction procedures, increase sustainability, and assure constant supply.

Catechol is the fastest-growing category over the forecast period. The market for hydroxytyrosol with a high, medium, or low catechol content can be split into different categories. Catechol is a term used to describe the presence or absence of specific chemical components. Because hydroxytyrosol from various sources and with differing catechol contents might have distinct applications and functionality, this segmentation aids in meeting specific needs within the market.

• Standard Olive Ol
• Virgin Olive Ol
• Catechol

Author's Detail

Anjali Lawand

Research Associate at Cognitive Market Research

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Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.

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