Hydroxytyrosol Industry Analysis in North America

Hydroxytyrosol Sales Outlook for North America (2023 to 2033)

Hydroxytyrosol sales in North America are pegged at US$ 723 million in 2023 and are projected to increase at a CAGR of 5.8% to reach US$ 1.28 billion by 2033-end, according to a new study by seasoned analysts at Fact.MR.

Hydroxytyrosol, a phenolic-rich antioxidant present in olive oil, grape seeds, and olives, is linked to various health advantages. These include safeguarding cardiovascular health by countering oxidative harm and helping in the prevention of cancer.

Hydroxytyrosol surpasses vitamins C and E in terms of its antioxidant capabilities, which are predominantly employed in cosmetic products designed to combat aging signs like wrinkles, sagging, and skin imperfections. It stands as an exceptional cancer-preventive agent, offering a multitude of health benefits.

Increasing demand for natural products and a growing awareness of health benefits. The utilization of hydroxytyrosol in pharmaceuticals to lower cholesterol levels. Additionally, there is a rising trend in investing in the development of dietary supplements that incorporate hydroxytyrosol as an essential ingredient.

Hydroxytyrosol is a natural antioxidant compound found in olive oil and is known for its potential health benefits, including its antioxidant and anti-inflammatory properties. While it has shown promise in promoting overall skin health, including reducing the effects of oxidative stress, there are not many specific "anti-aging" or "anti-wrinkle" products on the market that exclusively use hydroxytyrosol as the active ingredient.

Rising demand for cosmetics, dietary supplements, and functional food & drinks is mostly to blame for the expansion. Due to growing consumer awareness of healthy lifestyles and an increase in the number of diabetic patients, the demand for functional foods and beverages is anticipated to rise. Another significant factor influencing the growth of the hydroxytyrosol sector in North America is the world's growing elderly population, which is plagued by ailments including Alzheimer's disease and heart disease.

Report Attributes	Details
Hydroxytyrosol Sales in North America (2023)	US$ 723 Million
Forecasted Sales Value (2033F)	US$ 1.28 Billion
Market Growth Rate (2023 to 2033)	5.8% CAGR
Sales Volume in North America (2033F)	8,868 Tons
United States Sales Growth (2023 to 2033)	5% CAGR
Standard Olive Oil Segment Growth Rate (2023 to 2033)	6.3% CAGR
Dietary Supplements Segment Growth Rate (2023 to 2033)	9% CAGR
Key Companies Profiled	OliveXtracts VDF FutureCeuticals OLIVE Health California Olive Ranch Nutra Canada HerbaZest Archer Daniels Midland

What's Driving Increasing Usage of Hydroxytyrosol in North America?

“Rising Demand for Natural Products to Upsurge Adoption of Hydroxytyrosol”

The increasing preference for natural and organic products is a major demand driver for hydroxytyrosol. Consumers are becoming more health-conscious and are seeking products that are derived from natural sources, which positions hydroxytyrosol favorably due to its presence in olive oil, grape seeds, and olives.

This preference is driven by concerns about the potential health risks associated with synthetic or chemically derived substances. Hydroxytyrosol's natural origin aligns well with this growing consumer demand for naturally sourced components.

“Antioxidant Properties of Hydroxytyrosol Increasing Health Awareness”

With a rising awareness of health and well-being, consumers are actively looking for ingredients that offer potential health benefits. Hydroxytyrosol, known for its antioxidant properties, has been associated with various health advantages, such as cardiovascular protection and cancer prevention. This awareness is driving the demand for products containing hydroxytyrosol.

People are more aware of the connection between their dietary choices and overall well-being. Hydroxytyrosol, a naturally occurring antioxidant, is perceived as a healthy ingredient with potential health benefits, further fueling its demand.

Country-wise Insights

What Notable Progress Can Be Seen in the United States Regarding Hydroxytyrosol?

“Potential Benefits of Hydroxytyrosol in Cosmetics and Skincare Dietary Supplements”

Hydroxytyrosol sales in the United States are forecasted to rise at a CAGR of 5% through 2033.

Hydroxytyrosol is available as a dietary supplement in the United States. It can be found in various forms, such as capsules, and liquid extracts, or included as an ingredient in multi-ingredient supplements. However, the regulatory framework for dietary supplements is stringent. Manufacturers must ensure that their products meet the requirements of the Dietary Supplement Health and Education Act (DSHEA) and adhere to Good Manufacturing Practices (GMPs).

Hydroxytyrosol is also used in cosmetic and skincare products. It is valued for its antioxidant properties and potential benefits for skin health. Cosmetic products containing hydroxytyrosol are regulated by the U.S. Food and Drug Administration (FDA) to ensure their safety and effectiveness.

What's the Sales Progression of Hydroxytyrosol in Canada Like?

“Rising Product Usage in Food and Beverages and Pharmaceuticals”

Health Canada is responsible for regulating natural health products and dietary supplements. If hydroxytyrosol is used in such products in Canada, it may be subject to Health Canada's Natural Health Products Regulations.

If hydroxytyrosol is used in food and beverage products in Canada, it should adhere to Health Canada's regulations for these products. Food additives and ingredients must meet safety and labeling requirements.

The use of hydroxytyrosol in pharmaceuticals may be subject to regulation by Health Canada's Therapeutic Products Directorate, depending on the specific application and intended use.

Category-wise Insights

Why are More People Opting for Hydroxytyrosol in Standard Olive Oil Manufacturing?

"Premium Health Advantages of Hydroxytyrosol in Olive Oil"

Hydroxytyrosol is a natural antioxidant compound that is primarily found in extra virgin olive oil, particularly in high quantities. It's one of the phenolic compounds responsible for the health benefits associated with consuming olive oil.

Attribute	Standard Olive Oil
Segment Value (2023E)	US$ 235 Million
Growth Rate (2023 to 2033)	6.3% CAGR
Projected Value (2033F)	US$ 435.8 Million

Consumers looking for the potential health benefits associated with hydroxytyrosol should opt for extra virgin or virgin olive oils, which retain more of these beneficial compounds. It's important to note that the exact content of hydroxytyrosol in olive oil can vary depending on the variety of olives used, the growing conditions, and the processing methods employed by the producer. High-quality extra virgin olive oils are generally considered the best source for obtaining significant levels of hydroxytyrosol.

Why is Hydroxytyrosol Taking the Spotlight as a Dietary Supplement?

“Antioxidant Properties and Neuroprotective Effects”

Hydroxytyrosol is a potent antioxidant, which means it can help combat oxidative stress in the body. Oxidative stress is linked to various health issues, including aging, inflammation, and chronic diseases. Dietary supplements containing hydroxytyrosol are marketed as a way to enhance the body's antioxidant defenses and protect against free radical damage.

Attribute	Dietary Supplements
Segment Value (2023E)	US$ 94 Million
Growth Rate (2023 to 2033)	9% CAGR
Projected Value (2033F)	US$ 223.3 Million

Some research indicates that hydroxytyrosol may have neuroprotective properties, which means it may support brain health and protect against neurodegenerative conditions. Dietary supplements formulated for cognitive health may incorporate this compound.

Competitive Landscape

Companies may offer hydroxytyrosol as a standalone product or incorporate it into various applications, such as dietary supplements, cosmetics, and pharmaceuticals. Notable players include companies specializing in natural ingredients and supplements.

• Wacker Chemie AG has executed a human clinical trial, determining that hydroxytyrosol exerts a favorable influence on blood cholesterol levels, potentially reducing the risk of heart diseases by 8%. In 2019, DSM acquired AVA, a personalized nutrition platform, a move aimed at fortifying the company's standing within the personalized nutrition domain.
• Olio Nuovo Extra Virgin Olive Oil is a seasonal oil with a flavor that is both fresh and potent that was introduced in February 2022 by Curation Foods, Inc. under the moniker of Olive Oil & Vinegars.

Segmentation of Hydroxytyrosol Study in North America

• By Form :

  • Powder
  • Liquid

• By Purity :

  • Natural
  • Synthetic

• By Source :

  • Standard Olive Oil
  • Virgin Olive Oil
  • Catechol

• By Application :

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

• By Country :

  • United States
  • Canada